A Tax Residence Programme for non-EU, non- EEA and non- Swiss nationals
Initially valid for one year, renewable every two years.
Benefits- Visa free travel
- Living, working and doing business in Malta - Have a special permit to work or open a company in the country
- Tax optimisation - A flat tax rate of 15% for all income remitted to Malta.
- No tax in Malta will be charged on income from outside Malta that is not received in Malta.
- No tax in Malta for capital gains realised outside Malta even if received in Malta.
- No inheritance taxes.
- Double taxation relief where applicable on income arising outside of Malta.
Requirements- Maintain the qualifying property - Purchase minimum €275,000 (Malta) or €220,000 (Gozo, South Malta)
- Property Rental minimum €9,600 per year (Malta) or €8,750 per year (Gozo, South Malta)
- Application fee: approximately €6,000 (or €5,500 for property in Gozo/South Malta)
- Keep health insurance
- Pay the minimum annual tax of €15,000
- Not spend more than 183 days per year in another single country
- Continue to meet the financial and program requirements