Financial requirements

Plain English

On submission, the main applicant must prove they own assets worth at least €500,000, of which at least €150,000 are financial assets (for example bank deposits, listed shares, bonds or funds). Alternatively, assets of at least €650,000 with at least €75,000 in financial assets. The requirement applies to the main applicant alone and does not increase with the number of dependants. The capital must be maintained for five years from the date the certificate is issued.

Who it applies to

Main applicant (the spouse's share of jointly owned property may count only if the spouse is on the application — FAQ Q25)

Documented exceptions

A qualifying property purchased by the main applicant may count towards the assets (regulation 12(1)(c) proviso).

Official wording

“Upon submission of the application, the main applicant … 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 …; 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 …”

S.L. 217.26, regulation 9(2); regulation 15(1)(g) (held for five years)

Required evidence

Bank statements, investment portfolio statements, property valuations by an architect, company financial statements — issued by reputable institutions (FAQ Q32–Q33). Cryptocurrencies are not accepted as financial assets (FAQ Q27).

Common mistakes

Counting assets held in a benefactor's name (they must be transferred to the applicant with documentary evidence — FAQ Q36); relying on an employment income test, which no longer exists (FAQ Q28).

Plain English

The applicant must be able to support themselves and their dependants without relying on Malta's social assistance system, for the whole life of the certificate.

Who it applies to

Main applicant (in respect of the whole family)

Official wording

“he is in receipt of stable and regular resources which are sufficient to maintain himself and his dependants without recourse to the social assistance system of Malta”

S.L. 217.26, regulation 15(1)(d)

Required evidence

Statement of source of funds and wealth (Form MPRP2), bank statements, evidence of employment or business ownership.