The Malta Residence Programme is an attractive residence programme of Malta, designed for EU & EEA or Swiss nationals. This programme is an alternative programme to the Global Residence Programme of Malta, regulated under S.L.123.160. This programme allows EU & EEA nationals to transfer their tax residence to Malta – a safe and tax-efficient jurisdiction.
The Malta Residence Programme (TRP) provides economically self-sufficient citizens of EU/EEA with the right to take up the residence status in Malta with exceptional tax regime. Maltese residents under this programme are entitled to taxation at the flat rate of 15% on the foreign source income remitted to Malta. Whereas the minimum annual tax liability is EUR 15,000.
- This programme is open to EU, EEA and Swiss nationals, who can include their dependant family members under the same application;
- Applicants must demonstrate financial self-sufficiency;
- Applicants are required to purchase the property in Malta with a minimum value of EUR 275,000 in Malta or EUR 220,000 in the Southern region or to rent a property with a minimum value of EUR 9,600/annually in Malta or EUR 8,750/annually in the Southern region of Malta.
If you are an EU/EEA or Swiss national who is considering relocation to Malta, contact SMM Immigration Consultants team for further guidance and free consultation. Get in touch via email on [email protected] or call +356 2123 7167.