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Global Residence

The Global Residence Programme is available to non-EU nationals, who are interested in taking up residence in Malta, whilst enjoying a favourable tax rate.

Permit holders are also able to work or set up a business in Malta subject to applying for and obtaining the necessary permits.

Beneficiaries of the Global Residence Programme have no minimum stay requirements, however they may not spend more than 183 days in a calendar year in any one particular foreign jurisdiction.

 

Eligibility Criteria: 

  • The Global Residence Programme is available to non-EU nationals, who are interested in taking up residence in Malta, whilst enjoying a favourable tax rate.
  • Permit holders are also able to work or set up a business in Malta subject to applying for and obtaining the necessary permits.
  • Beneficiaries of the Global Residence Programme have no minimum stay requirements, however they may not spend more than 183 days in a calendar year in any one particular foreign jurisdiction.
Tax Benefit: 

Through the Global Residence Programme, a flat rate of 15% tax is applicable on foreign income remitted to Malta, with a minimum tax of €15,000 per year. The minimum tax threshold covers both the main applicant and dependents included on the same application.

Any other income (such as local source income) is subject to a flat rate of 35% tax.

Beneficiary would also be able to benefit from double taxation relief.

Fees

A standard application processing fee of €6,000 is applicable if a property is purchased in Malta and €5,500 if the property is bought or rented in Gozo or the South of Malta.

One must apply through an Authorised Registered Mandatory.

For more detailed information email us