Requirements for investment
There are three parts of investment requirement which need to be fulfilled for the IIP. The first part is investment in property.
The criteria for this part are:
- Purchase of a qualifying owned property for at least €350,000 for a period of 5 years OR
- A lease contract for a rent of €16,000 per year for 5 years
The second investment requirement which needs to be fulfilled is the payment of a non-refundable Government Contribution as per the following table:
|Each Dependant child till 17 years
|Dependent children from 18-26 years
|Dependants above 55 years
The third investment requirement is the commitment of the principal applicant to make a qualifying investment in Government bonds/ Special Purpose Vehicles/ Debentures etc. of an initial value €150,000 which must be maintained for a minimum of period of 5 years from the date of issue of Malta Residence Certificate.