Plain Investor
Programme comparison · as understood in September 2026

Malta vs Turkey: Golden Visa Programmes Compared

The lowest qualifying amount is €99,000 in fees, plus property in Malta and US$400,000 in Turkey. Here is how the two programmes differ on time in the country, the path to citizenship and processing, side by side.

Open

Malta

€99,000 in fees, plus propertyminimum

Malta Permanent Residence Programme (MPRP)

Read the Malta guide →

Open

Turkey

US$400,000minimum

Citizenship by Investment (exceptional naturalisation)

Read the Turkey guide →

At a glance

MaltaTurkey
ProgrammeMalta Permanent Residence Programme (MPRP)Citizenship by Investment (exceptional naturalisation)
StatusMPRP open and repriced by Legal Notice 146 of 2025; the separate citizenship-by-investment scheme was repealed in July 2025 after the CJEU ruled against itProperty threshold raised to US$400,000 in June 2022; compliance checks tightened since 2024
Lowest qualifying amount€99,000 in fees, plus propertyUS$400,000
Time you must spend thereNo minimum stayNone
Route to citizenshipNo direct pathImmediate citizenship
Typical processingReported at roughly 4-6 months to approval in principleCommonly 3-6 months, subject to due diligence
Main routes
  • Administrative fee — €60,000
  • Government contribution — €37,000
  • NGO donation — €2,000
  • Property lease — €14,000 per year
  • Property purchase — €375,000
  • Property purchase — US$400,000
  • Bank deposit — US$500,000
  • Government bonds — US$500,000
  • Fixed capital investment — US$500,000
  • Fund participation shares — US$500,000

Which is cheaper, Malta or Turkey?

The lowest qualifying amount is €99,000 in fees, plus property in Malta and US$400,000 in Turkey. The cheapest route is not always the practical one: some low-entry routes are donations or contributions you never get back, while others are investments that can lose value independently of the permit. Add government fees, legal costs and, where relevant, family members before comparing totals.

How much time do you have to spend in each?

Malta: No minimum stay. Turkey: None. A permit that asks for little time in the country is convenient, but a path to citizenship usually depends on genuinely living there.

Which leads to citizenship?

Malta: No direct path. Turkey: Immediate citizenship. Naturalisation rules are set separately from the investment programme and can change while you are part of the way through.

The biggest caveat for each

Malta: Malta has reset the MPRP fee structure twice by legal notice since 2021 and can do so again at short notice, with no guarantee that terms are held open for applications not yet submitted.

Turkey: The likeliest way to lose money is to pay a threshold-driven price for property the local market never valued that highly, then discover it when the three-year restriction lifts.

More programme comparisons

Information reflects our own independent research as understood in September 2026. These rules change often and differ by nationality. Plain Investor does not sell or advise on any programme. This is general information, not legal, immigration or tax advice; check the official government source and a licensed immigration lawyer before committing money.