Malta ~ Global Residency Scheme
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Malta ~ Global Residency Scheme

Malta ~ Global Residency Program

Time to Permanent Residency: 5 Years ~ Time to Citizenship: 5 Years

Launched in 2013 under the Immigration Act, the Malta Global Residence Program allows non-EU/EEA/Switzerland nationals and their dependents (spouse, children under 26 and parents) to settle in Malta and be subject to an advantageous tax regime.
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To be eligible for the program you must not hold a residency permit in Malta under another Program. The permit must be renewed every year, provided that requirements are still met. You must have enough income to support yourself and your dependents, though you may apply for a work permit if you wish to work in Malta. You will be required to purchase a residential property with a value of at least €275,000, if located in Malta, or €220,000 if located in Gozo or in the South of Malta. The property cannot be leased to a third party if you hold the residence permit under this scheme.
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Alternatively, instead of purchasing a property, you may rent a property in Malta, with a minimum annual rent of €9,600 if in Malta, or €8,750 if in Gozo or in the South of Malta. Under this program, you may benefit from an advantageous tax regime, where income is taxed on a remittance basis at a flat rate of 15%. To qualify for this tax incentive, you must not be tax resident abroad (e.g. stay more than 182 days in another country) and pay a minimum tax amount of €15,000.

Requirements

– At least 18 years of age.
– Not to be national of EU/EEA/Switzerland.
– Spend less than 183 days a year in another country (to qualify as tax resident in Malta).
– English or Maltese language skills.
– Possess comprehensive health insurance.
– Clean criminal record.
– Not to be a potential threat to Malta’s national security, public policy or public health.
– Not deemed to be against the public interest

Documents Required

  • Evidence of Health Insurance
  • Original Police Clearance Certificate
  • Original Bank Reference Letter (Not older than 6 month)
  • Medical Certificate
  • Undertaking to purchase property
  • Undertaking to rent property
  • Affidavit of support for Dependents
  • Certified copy of passport
  • Original or Certified copy of Birth Certificate (if applicable)
  • Original or Certified copy of Marriage Certificate (if applicable)
  • Six passport-size photos
  • Statement of Source of Funds
  • Proof of income

Please do not hesitate to contact us to discuss your case today. Thank you

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