Madagascar Retiree Residence
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Program Type:
Independent Means Visa
Processing Time:
1 year
Citizenship Timeline:
10 years
Permanent Residency Timeline:
2 years
Physical Presence Required:
183 days per year
Citizenship Visa-Free Access:
59 countries
Minimum Contribution:
None
Program Overview
Madagascar Retiree Residence
The Madagascar Retiree Residence Program offers foreign retirees a pathway to residency through a long-stay visa that can be converted into a renewable residence permit. Applicants must demonstrate a minimum monthly retirement income of €500, establish a local bank account in Madagascar, and maintain health insurance coverage.
The program allows retirees to reside long-term in Madagascar, providing a path to permanent residence within two years, and a possible path to citizenship – though dual nationality isn’t recognized.
Madagascar Retiree Residence
How to Qualify
To qualify for the Madagascar Retiree Residence Program, applicants must:
- Provide proof of retirement status (retirement certificate/notification)
- Open a bank account in Madagascar
- Demonstrate minimum monthly pension income of €500
- Show proof the bank account is funded by pension fund or external bank
- Obtain criminal record certificate (less than 3 months old)
- Provide proof of residence from local authorities
- Hold a valid passport with at least 6 months validity and 2 blank pages
- Submit recent passport photo (3.5cm x 4.5cm)
Madagascar Retiree Residence
Salient Benefits
- Low cost of living
- Low taxes
- Mild climate
- No investment or donation requirement
Madagascar Retiree Residence
Citizenship Timeline and Requirements
Madagascar maintains one of Africa’s more restrictive citizenship policies. The country’s nationality law primarily follows jus sanguinis (right of blood), with citizenship primarily inherited through Malagasy parents. Naturalization is possible but notably difficult to obtain, typically requiring at least 10 years of continuous residence in Madagascar, fluency in Malagasy language, demonstrated integration into Malagasy society, and proof of substantial contribution to the nation’s development.
Dual citizenship is not officially recognized, requiring naturalized citizens to renounce their previous nationality.
Browse 195 countries’ paths to citizenship in the hyper-detailed IMI Citizenship Catalog.
Madagascar Retiree Residence
Program Authority and Legal Basis
Applications for this program may be directed to Ministère des Affaires Etrangères.
Legislation upon which this program is based Decree No. 94-652, Section B of the ministerial circular 2014-01.
Madagascar Retiree Residence
IMI Pros Who Can Help You
Madagascar Retiree Residence
Qualifying Real Estate
As noted in the program qualifications above, an investor can qualify for this program with a local property purchase above the minimum investment threshold. View eligible properties curated by IMI and our real estate partners:
Madagascar Retiree Residence
Recent Stories About This Destination
Madagascar Retiree Residence
Program Statistics
See more statistics on this program and others in the IMI Data Center.