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Global Residency Programme

15% Residency Tax Programme

The Global Residence Program Rules (GRP) for non EU  nationals, were brought into law on 30th June 2013 and substantially reduce the financial standards required by the previous residency programme

The Benefits

Persons who qualify for the GRP benefit from:

  • No taxes on: wealth, inheritance, income not brought into Malta
    For foreign income brought into Malta, a flat tax rate of 15%, subject to a minimum tax liability of €15,000, payable each year
  • The minimum tax covers income of that individual as well as that person’s spouse and dependants
  • Dependants are children up to age 25, dependent brothers,, sisters and direct relatives  in an ascending line, subject to the Malta Government being assured that they are in fact dependants
  • Employees are also permitted to come to Malta under the GRP, subject to them having been employed for 2 years.

Property Requirements Minimums

North of Malta

Gozo & South of Malta
Purchase of Immovable Property €275,000 €220,000
Rental of Property €9,600 €8,750
Minimum Tax Payable €15,000 €15,000
Non-Refundable Application Fee €6,000 €5,500
Income not brought into Malta is 0% taxed
Any other income  brought into (remitted to) Malta is subject to tax at 35%, including any bank interest in Malta and income from employment in Malta
No provisional tax payable during first year; thereafter provisional tax payments to be paid three times a year
Inheritance of GRP

The special tax status under GRP may now be inherited;  subject to the beneficiary continuously satisfying the GRP conditions.

Application Standards

To apply to the Global Residence Program Rules, the applicant  must:

1. Not be or become a Maltese/ EEA/ Swiss national

2. Not benefit from any other special tax status

3. Hold a qualifying residential property

4. Be in receipt of stable and regular resources which are sufficient to maintain himself and his dependants without recourse to the social assistance system in Malta

5. Have a valid travel document

6. Maintain an all risk health insurance to cover the EU

7. Be fluent in either Maltese or English

8. be a fit and proper person

9. The individual must not stay in any other jurisdiction for more than 183 days in a calendar year

10. Special reporting obligations (the filing of an annual tax return) and notifications must be complied with.

Localities specified as South of Malta:

Birżebbuġia – Qrendi, Cospicua – Safi

Fgura – Santa Luċija, Għaxaq – Senglea

Gudja – Siġġiewi, Kalkara – Tarxien

Kirkop – Vittoriosa

Luqa – Xgħajra – Marsascala – Żabbar

Marsaxlokk – Żejtun

Mqabba – Żurrieq, Paola