The Malta Residence and Visa Programme gives the opportunity to non-European Nationals and their dependents to reside, settle or stay indefinitely in Malta.
Given that Malta is a member of the European Union and also part of the Schengen area, such non-European Nationals will, through the acquisition of a Malta residence and Visa, enjoy unrestricted entry into Malta as well as benefit from free movement within the Schengen Area, provided that the conditions of the Programme are satisfied.
An individual is typically resident but not domiciled in Malta where the individual lives in Malta for more than 183 days in a calendar year but does not intend to live in Malta permanently.
In such cases, the individual is subject to tax in Malta on any Malta source income and on any foreign income remitted to Malta.
Capital gains arising outside Malta will remain not taxable in Malta even if received in Malta.
A person who is neither ordinarily resident nor domiciled in Malta is taxable only on income arising in Malta i.e. income having a Malta source.
Individuals granted a Certificate of Residency as per the Regulations may also qualify for tax incentives granted under a separate programme entitled the Global Residence Programme, granting the holder a 15% beneficial tax rate on income received in Malta from foreign sources with the possibility to claim relief from double taxation.
Our professional tax advisors can assist you in clarifying all your doubts.
The government of Malta aims to attract only people of the highest of standards through this programme.
Applicants will be subject to due diligence scrutiny and are expected to have a clean criminal record.
Learn more about Payment and Fee timeline for the Malta Residence and Visa Programme here.
Nexia BT is a leading firm providing a wide range of services in the financial sector to corporate and private clients.
We pride ourselves in having worked closely with large international companies and high-net-worth individuals. This experience allows us to help our clients achieve their maximum financial results in business.
Nexia BT specialises in the development and maintenance of various business structures for corporate entities as well as private HNWI and UHNWI clients together with residence and immigration planning. Nexia BT is accredited by the government of Malta for various residency and citizenship programmes.
Through our highly qualified professionals within our legal, audit, tax and advisory departments, we offer a personalised, holistic solution for every client. The International Client Services unit includes Russian, Mandarin and French-speaking executives who are familiar with the characteristics and requirements of foreign markets.
Nexia BT - your reliable partner in Malta.
The Maltese government has recently announced significant changes to the MRVP one of the most competitive in the global residence-by-investment marketplace. We have highlighted the changes in the below pdf.