The Malta Golden Visa Permanent Residency (MRVP) is available to residents of Egypt.
Contents: Requirement | Investment properties | Timeline | Cost | Benefits | Consult | FAQ
What are Malta Residence Visa Requirements for Egypt?
Malta Golden visa (PR) requirement – Egypt
- At least 18 yrs old in Good health.
- Income €100K (Egyptian Pound 2M EGP) p.a or Capital €500K (9M EGP).
- Buy a property €320K (6M EGP) Or Rent €12,000 (223K EGP) p.a.
- €30K (559K EGP) admin fees to Govt.
- €250K (4.7M EGP) in Govt. bonds for 5 years
See details of Malta Residency Visa Requirements
The Malta Golden Visa Permanent Residence Programme is available to Egypt citizens. There is growing demand in moving to Malta from Egypt through Residence Visa.
How long does it take to get a Malta Residency Visa for Egyptian citizens?
Maltese Golden visa timeline – Egypt
For an investor from Egypt, the processing time for a Malta residency visa is between 3 to 7 months.
- Application preparation time – 2-3 weeks.
- Residency application submission and Processing time – 3 months.
- After initial approval, compliance time (Buy House and more) – 3 months.
- Permanent Residency card is issued at the end.
Details on Malta Residence Visa processing times
How much does Malta Golden Visa Cost for Egyptian citizens?
Malta Permanent Residence visa by Investment – Egypt
In 2024, the Minimum investment amount for Malta Golden Visa (PR) is typically over €500K (Egyptian Pound 9M EGP).
- Application Fee €5,500 (102K EGP) and €24,500 (456K EGP)
- Government Bonds €250K (4.7M EGP)
- Home Purchase min. €270K (5M EGP) or Rent min. €10K (186K EGP)
The Central Bank of Egypt is the regulatory body that has the monetary policy for moving assets and money outside of Egypt.
Details of Malta Residence Visa Costs
What are the benefits of Malta residence for Egyptian citizens?
- No minimum presence required
- Approval of permanent residency in three months
- No worldwide tax remittance basis only
- Schengen residence card
- No Real Estate tax
- Certificate or Permanent Residency for life
- Visa-free travel within Schengen
Immigration – Malta PR from Egypt
Taxation of New Residents
The basis for taxation under the Maltese tax is based on residence and domicile. Residence for Malta tax purposes shows an intention to reside in Malta indefinitely. It may also be a basis of physical presence in Malta of at least 183 days.
Non-tax residents of Malta or those who are non-domiciled in Malta are taxable only on Malta source income and gains. Non-domiciled Malta residents are taxable on remittance only on foreign source income, not on foreign-source capital. It should be remitted to Malta only and is subjected to a minimum tax of €5,000. The minimum tax applies to individuals and couples who earn at least €35,000 in annual income outside Malta. Income and capital gains in Malta are applicable to personal income taxes.
Capital gains outside Malta will be outside the scope of Maltese tax regardless if remitted to Malta or not. Capital and savings remitted to Malta also fall outside the scope of Maltese tax.
Egypt, Malta Permanent Residence Visa Consultant
EB5 BRICS can help you navigate Malta Golden Residency Programme through our presence in Malta in conjunction with our Malta Legal Partner. Our team speaks English, Hindi, Urdu and Punjabi.
EB5 BRICS
Phone: +1 (213) 344-5941
E-mail: info@eb5brics.com
Malta Golden Visa for Egypt FAQ
For Egypt, How long does one have to live in Malta to get citizenship?
As a Resident of Malta, You have to live in Malta for six years before you can start an application to become a Maltese citizen by naturalization.
For Egypt citizen, can one buy property in Malta?
A Egyptian citizen can buy Real Estate in Malta. Within specially designated areas, you can buy property in Malta without a Acquisition of Immovable Property (AIP) permit. For other areas in Malta, an API permit is needed.