INTRODUCTION

Malta's Global Residence Programme applies to individuals who are not long-term residents of Malta and who are not EU, EEA or Swiss nationals. Individuals may apply for a special tax status and qualify for the following:

  • a flat rate of 15% (subject to a minimum tax of 15,000 per annum) from foreign sourced income which is remitted to Malta;
  • no tax on capital gains outside Malta;
  • 35% tax on any other income arising in Malta;
  • possibility of claiming double tax relief on the foreign income remitted to Malta.

MAIN CONDITIONS

The applicant must own/rent a qualifying property which is occupied as the principal place of residence worldwide.

  • The value of the owned property must be no less than 275,000, or no less than 220,000 if situated in the South of Malta or in Gozo.
  • The annual rent on rented property must be no less than 9,600, or no less than 8,750 if situated in the South of Malta or Gozo.
  • The owned/rented property may only be used by the beneficiary and any dependents and cannot be sublet.

- The individual must be in receipt of stable and regular resources that are sufficient to maintain oneself and any dependents without recourse to the social assistance system in Malta.

- The individual must hold a valid travel document.

- The individual must hold a sickness insurance covering oneself and any dependents.

- The individual must not reside in any other jurisdiction for more than 183 days in a calendar year.

- An applicant must be a fit and proper person.

- The individual must be able to communicate adequately in English and/or Maltese.

RESIDENCE

Persons benefitting from the special tax status and their dependents may reside freely in Malta.

APPLICATION PROCESS

Applications should be submitted through an Authorised Registered Mandatory such as WH Partners. A non-refundable administration fee of 6,000 will apply, or of 5,500 if an individual is in current ownership of a property in the South of Malta.