A Smart Future
Malta offers an enviable lifestyle with some of the best residency schemes and citizenship by investment programmes’ in Europe – without additional hidden costs.
The benefits of alternative Residency Programmes:
M. Mobility is easier with visa-free travel in EU and Schengen areas.
A. A lifestyle envied by many.
R. Realise the power of opening opportunities.
T. Tactical planning to leverage personal or business finances.
The process normally includes the purchase or renting of qualifying property and differs depending on where it is situated. Applicants will need to qualify with relevant health insurance, resources, clean criminal record and after satisfying a “fit and proper test” can apply for the residency card. Other aspects include government levies payable and the purchase of government bonds.
Citizenship by Naturalisation for Exceptional Services by Investment guarantees successful applicants Maltese Nationality.
Applicants has to meet certain criteria and stipulations which includes stringent due diligence checks. The programme has 2 possible routes, the first one following a period of twelve (12) months and the other thirty-six (36) months. Families, including parents-in-law, grandparents and dependents not exceeding the 29 years age brackets, are eligible to apply.
Applicants are expected to satisfy the relevant criteria up to and including residing in Malta for a required time as well as a government contribution/investment, property acquisition for rental/purchase, an approved donation to a voluntary organisation and to be in possession of health insurance. Eligibility includes that the applicant must be at least 18 years of age, in possession of a valid travel document, provide proof of having been a resident of Malta for a period of 12 months preceding the issuing of a certificate of naturalisation.
Overview on the various options for Residency in Malta
⦁ Malta Permanent Residence Programme (MPRP) grants the rights to live in the EU and have access to Schengen countries. It also enables you to work and set up business in Malta.
⦁ Global Residency Programme (GRP) is primarily for tax purposes and enables you to live and work in Malta.
⦁ The Retirement Programme has recently been opened up to Non-EU nationals and requires an applicant to hold a qualifying property, either by purchasing or renting.
⦁ Nomad Residence Permit is open to individuals from third countries and who can work remotely and independent of location, using telecommunications technologies.
⦁ Other options include Highly Qualified Persons and the Formation of Company and Trusts. Malta jurisdiction and taxation are attractive for iGaming, financial services, aviation registration, ship & yacht registration, media and pharmaceuticals
Malta has traditionally offered attractive taxation solutions together with protection from double taxation within a network of global treaties.
Property rental income is subject to minimum of 15% income tax. There are no local council rates or taxes payable on residential property.
Company taxes are variable and can be as little as 5% depending on structure and types of industries. It is worth noting that there is no inheritance tax in Malta. In the case of immovable assets these are subject to 5% duty.
Different taxation options are available and individuals whose stay in Malta exceeds 183 days are deemed to be tax payers.
Malta offers a modern financial hub in financial services, tourism, aviation, boating registration, and online industries as well as IT, pharmaceutical, creation and innovation, filming to mention a few, which generates regular attractive returns. A fiscal policy that complies with EU and UK standards, ranks amongst the highest in the world offering wealth protection.
Retire in Malta
Malta’s safe environment, competitive cost of living and English-speaking population, makes it an idyllic retirement destination.
This programme is open to EU and Non-EU applicants who qualify according to the financial means and property acquisition or rental, and medical insurance.
More Reason to Stay in Malta
• Schengen Zone Member
• Conveniently located in the Mediterranean
• Well connected
• English speaking
• Moderate climate
• Easily accessible
• Primarily Christian
• Comparative low-cost of living
• European lifestyle
• Robust economy
• Stringent fiscal and corporate regulations
• Innovative environment
• Low unemployment rates
• State-of-the-art medical care
• High standards of education
• Reliable municipal services
• Friendly community for foreigners.
• Good IT Connectivity