Malta Permanent Residence Programme

L.N. 310 of 2024

IMMIGRATION ACT

(CAP. 217)

Malta Permanent Residence Programme

(Amendment No. 2) Regulations, 2024

IN EXERCISE of the powers conferred by articles 7A and 36

of the Immigration Act, the Minister responsible for immigration

has made the following regulations:-

(1) The title of these regulations is the Malta Permanent Citation and

Residence Programme (Amendment No. 2) Regulations, 2024 and commencement.

these regulations shall be read and construed as one with the Malta S.L. 217.26

Permanent Residence Programme Regulations, hereinafter referred to

as the "principal regulations".

(2)

These regulations shall come into force on 1st January

2025.

(regulations 9 and 11)

Administrative fees and contributions Schedule

The following shall be the non-refundable administration fee

requirement to qualify for residency in accordance with these

(i) for the purposes of regulations 9 and 11

- a non-refundable administration fee in

respect of the main applicant of fifty thousand euro

(€50,000), fifteen thousand euro (€15,000) of

which need to be paid within one (1) month from

the submission of the application, with the

remaining thirty five thousand euro (€35,000)

payable within two (2) months from the issuance of

the Letter of Approval in Principle;

- a non-refundable administration fee of five

thousand euro (€5,000) for each and every

dependant payable within two (2) months from the

issuance of the Letter of Approval in Principle or, in

the case of regulation 11(2), (3), (4) and (5), upon

submission of the application

Provided that a dependant who has been

certified by a recognised medical professional or

authority as having a disability in terms of the Equal

Opportunities (Persons with Disability) Act shall not be

subject to the payment of any non-refundable

administration fee.

(ii) The following shall be the contribution

requirement to qualify for residency for the purposes of

regulations 9 and 11

- a contribution of thirty thousand euro

(€30,000) in respect of the main applicant where

the necessary title to a qualifying property is a

qualifying owned property payable within eight (8)

months from the issuance of the Letter of Approval

in Principle;

- a contribution of sixty thousand euro

(€60,000) in respect of the main applicant where

the necessary title to a qualifying property is a

qualifying rented property payable within eight (8)

months from the issuance of the Letter of Approval

in Principle;

- a contribution of five thousand euro

(€5,000) for each and every dependant payable

within eight (8) months from the issuance of the

Letter of Approval in Principle or, in the case of

regulation 11(2), (3), (4) and (5), upon submission

of the application

Provided that a dependant who has

been certified by a recognised medical professional

or authority as having a disability in terms of the

Equal Opportunities (Persons with Disability) Act

shall not be subject to the payment of any

contribution.".

Regulation 3 of the principal regulations shall be amended Amends

regulation 3 of

as follows

the principal

regulations.

(a) the definition "dependent" thereof shall be amended

as follows

(i) in paragraph (a) thereof the word "Minister"

shall be substituted by the word "Agency"; and

(ii) in paragraph (c) thereof the words "is not

married" shall be substituted by the words "but has not yet

attained twenty-nine (29) years of age and is not married at

the time when the main applicant submits the application";

(b) the definition "qualifying owned property" thereof

shall be amended as follows

(i) the word "than:" thereof shall be substituted by

the words "than three hundred and seventy-five thousand

euro (€375,000) for a property situated in Malta or Gozo:";

(ii)

paragraphs (a) and (b) thereof shall be deleted;

(iii) in the first proviso thereof the words "the

amounts indicated in paragraphs (a) and (b)" wherever they

occur shall be substituted by the words "three hundred and

seventy-five thousand euro (€375,000)"; and

(iv) the last proviso thereof shall be substituted by

the following new proviso

"Provided further that where an immovable

property is purchased for a consideration which is less than

three hundred and seventy-five thousand euro (€375,000), it

shall, in all cases, be within the power of the Agency to

decide whether or not the requirement is satisfied;"; and

(c) the definition "qualifying rented property" thereof

shall be amended as follows

(i) the word "than:" thereof shall be substituted by

the words "than fourteen thousand euro (€14,000) per

annum for a property situated in Malta or Gozo;"; and

(ii)

paragraphs (a) and (b) thereof shall be deleted;

and

(d)

the definition "south of Malta" thereof shall be

deleted.

Regulation 9 of the principal regulations shall be amended

as follows

(a)

sub-regulation (1) thereof shall be amended as

follows

(i)

the words "ten thousand euro (€10,000)" shall

be substituted by the words "fifteen thousand euro

(€15,000)"; and

(ii) immediately after the words "if payment of the

said non-refundable fee is not received" there shall be

added the words "within one (1) month from the date of the

submission of the application";

(b) sub-regulation (2) thereof shall be substituted by the

following new sub-regulation

"(2) Upon submission of the application, the main

applicant, as duly represented by an agent, shall present

evidence of possession of assets, to the satisfaction of the

Agency

(a)

having a value of not less than five

hundred thousand euro (€500,000), out of which a

minimum of one hundred and fifty thousand euro

(€150,000) shall be in the form of financial assets as

the Agency may consider appropriate in its sole

discretion; or

(b) having a value of not less than six

hundred and fifty thousand euro (€650,000), out of

which a minimum of seventy-five thousand euro

(€75,000) shall be in the form of financial assets, as

the Agency may consider appropriate in its sole

discretion."; and

(c)

sub-regulation (4) thereof shall be amended as

(i)

immediately after the words "indicated in First

Schedule" there shall be added the words "and the non-

refundable administration fee payable in respect of

dependants as indicated in the First Schedule";

(ii) in paragraph (a) thereof, immediately after the

word "contribution" there shall be added the words "in

respect of the main applicant and each dependent"; and

(iii) in paragraph (d) thereof the words "sickness

insurance policy" shall be substituted by the words "health

insurance policy".

Regulation 11 of the principal regulations shall be amended Amends

regulation 11 of

the principal

regulations.

(a)

sub-regulation (1) thereof shall be amended as

(i) the words "each dependant:" shall be substituted

by the words " each dependant and subject to the payment

to the Agency, for each and every dependant, of a non-

refundable administration fee and a contribution as

indicated in the First Schedule."; and

(ii)

the proviso thereof shall be deleted;

(b) in sub-regulation (2) thereof the words "the Agency

of a contribution" shall be substituted by the words "the Agency

of a contribution and a non-refundable administration fee";

(c)

in sub-regulation (3) thereof the words "the Agency

of a contribution" shall be substituted by the words "the Agency

of a contribution and a non-refundable administration fee";

(d) in sub-regulation (4) thereof the words "the Agency

of a contribution" shall be substituted by the words "the Agency

of a contribution and a non-refundable administration fee";

(e) in sub-regulation (5) thereof the words "due diligence

check." shall be substituted by the words "due diligence check in

respect of such dependant and payment to the Agency of a

contribution and a non-refundable administration fee as indicated

in the First Schedule.";

(f) in sub-regulation (7) thereof the words "is non

refundable and" shall be deleted; and

(g) immediately after sub-regulation (7) thereof, as

amended, there shall be added the following new sub-regulation

"(8) The contribution payable to the Agency is non-

refundable."

Regulation 15 of the principal regulations shall be amended

as follows

(a) in paragraph (f) of sub-regulation (1) thereof the

words "sickness insurance" shall be substituted by the words "a

health insurance"; and

( b ) in sub-regulation (3) thereof the words "sickness

insurance" wherever they occur shall be substituted by the words

"health insurance".

In sub-regulation (1) of regulation 25 of the principal

regulations the words "two (2) weeks" shall be substituted by the

words "one (1) month".

Applications submitted prior to the coming into force of

these regulations, shall remain subject to and governed by the principal

regulations as applicable and in force at the time of the submission of

the application.

The First Schedule to the principal regulations shall be

substituted by the following new Schedule

The Second Schedule to the principal regulations shall be

€0.54