Malta Global Residency Programme

Malta Residency programme

The Global Residency Programme in Malta grants a Maltese residence permit which allows free travel within the EU Schengen Area, the right to reside, settle, and stay indefinitely in Malta.

Under a single application the main applicant, their spouse and children under the age of 25 are automatically eligible for inclusion. Additional qualifying individuals include, financially dependent relatives and non-family members that are bona fide members of the household.

Qualification Requirements

The main applicant must:

• invest in property valued to at least €275,000 (€220,000 in certain areas)

or

• establish a rental contract for at least €9,600 (€8,750 in certain areas)
• be economically self-sufficient
• not spend more than 183 days per annum in any other country

All dependants members must:

• have health insurance covering the EU
• pay a combined minimum annual tax contribution of €15,000

Establishing Tax Residency in Malta

Global Residents are not required to show a minimum day count of physical presence in Malta. They are however required to declare that they are not resident in another country for more than 183 days per annum.

Qualifying applicants are issued a Permanent Residency Certificate and Tax Identification Number.

Tax Efficient Benefits

Malta holds over 60 double tax agreements, ensuring that tax will not be paid twice. Whilst income and capital gains earned in or on assets held in Malta are subject to personal income tax in Malta, non-domiciled global tax residents benefit from the following:

• No income tax on foreign sourced income, unless it is remitted to Malta
• A flat rate tax status of 15% on foreign source income remitted to Malta
• No tax on capital and savings remitted to Malta
• No capital gains tax on assets held outside Malta
• No inheritance taxes