Residency In Malta And Taxation

There are many reasons why one would consider moving to Malta and taking up residence. The year round mild weather and friendly people come to mind first. They say a country’s greatest assets are not its gold or cash reserves, but its people. Subsequently, everything else is built on this.

HERE ARE SOME TANGIBLE BENEFITS OF RELOCATING TO MALTA.

  • Attractive Residency Schemes with Flat 15% Tax Rate for EU, EES, Swiss and 3rd Country Nationals
  • 0% Annual Property Tax/Council Tax
  • 0% Inheritance Tax
  • 0% Wealth Tax
  • Stamp Duty (3.5% to 5%) paid only once – on Purchase of Property
  • High Rental Incomes
  • Good Property Appreciation
  • Stable Banking System with Low Exposure to Foreign Debt
  • Bi-lingual and Highly Skilled Workforce (English/Maltese)
  • Full European Union Membership
  • Use of Euro as a currency
  • Efficient and Highly Developed Health System
  • Low Crime Rates
  • Attractive Retirement Benefits
  • Robust & Flexible Legal and Regulatory Framework
  • Company Law and Regulations published in English
  • Professional Investor Funds Exempt from Maltese Capital Gains and Income Tax – (non-resident investors do not have to pay income tax in Malta)
  • Strategic Location in the Mediterranean – good Air & Sea Links
  • Low Cost Environment
  • Efficient Tax Regime – over 60 Double Taxation Agreements
  • World Class I.C.T. Infrastructure
  • Fast Growing yet Stable Financial Services Sector
  • World Class Yachting Facilities – Marinas & Boat Chartering
  • Maltese Economy Resilient During Financial Crisis

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The Various Programmes

The Various Programmes

The Global Residence Programme is aimed at people who buy high value property and encourages foreign nationals to take up residence in Malta.

The Residence Programme Rules

The High Net Worth Individuals (HNWI) Rules have now been amended to reflect the thresholds of the Global Residence Programme and are now entitled the Residence Programme Rules (RPR)

Highly Qualified Persons Rules

Malta's success in securing an increasing number and quality oof hedge funds, managers, insurers and similarly regulated entities depends largely on the ability of such entities to attract and recruit highly

Malta Individual Investor Programme Overview

The Individual Investor Programme of the Republic of Malta, shall allow for the grant of citizenship by a certificate of naturalization to foreign individuals and their families who contribute.

About The Malta Individual Investors Programme

The Individual Investor Programme of the Republic of Malta allows for the grant of citizenship by a certificate of naturalization to foreign individuals and their families who contribute.

Retirement Programme Rules In Malta

By virtue of the inclusion of the recent Subsidiary Legislation 123.134 to the Maltese Income Tax Act, a special tax status has been issued for retirees from EU, EAA countries and Switzerland.

The Malta Ordinary Residence Permit

The concept of ordinary residence, although not legalistic is not as challenging as domicile. Also, the term is not defined in our law and lends its definition from British judgments.