Malta Residency

Residency Main Page Intro: The Malta Permanent Residence Program provides access to Europe’s Schengen Area and security within the EU’s legal systems. With its Mediterranean location, favorable climate, low crime rates, and convenient air connectivity, Malta is an attractive option for individuals seeking residency or second-home ownership, especially entrepreneurs, expats, and digital nomads weighing factors like tax rates, market access, and quality of life.

Malta, situated in the heart of the Mediterranean, boasts a stellar reputation for its exceptional climate, hospitable locals, and low crime rates, making it an appealing destination for residency or second-home ownership. Entrepreneurs, ex-pats, and digital nomads considering relocation have numerous factors to weigh, including tax rates, market access, and quality of life. Moreover, Malta offers excellent air connectivity and the opportunity for non-Maltese individuals to obtain European residence permits through its Malta Permanent Residence Program, facilitating visa-free travel within the Schengen Area.

Our Residency Services Include:

• Malta Global Residence Program
• Malta Permanent Residency Program
• Malta Ordinary Residence Permit
• Malta Digital Nomad Visa

Benefits of a Malta Residence:

• A residence permit in an EU country and visa-free travel across Europe’s Schengen Area
• Right to reside indefinitely within Malta
• Family members included
• Investment required only for first five years
• Favorable tax rates
• High quality of life
• Ease of access to markets

Obtaining a residence permit in Malta enables you to reside and work in the country for an extended duration. Here are several options on how one can obtain residency in Malta:

Malta Global Residence Program

A special tax status is granted to those who The Malta Global Residence Program (MGRP) grants qualifying applicants a special tax status. Third-country nationals, excluding EEA and Swiss nationals, who meet the requirements outlined in the Rules, become eligible for this special tax status through the Global Residence Programme.

A feature in the Malta Global Residence Program is that the individual gains a special tax status under the MGRP. An individual in the MGRP faces a 15% income tax rate on earnings originating outside Malta and transferred into the country and are required to pay a minimum annual tax of €15,000 by April 30th. Any income derived within Malta and not exempt from taxation under the Rules is subject to the standard 35% tax rate.

Eligibility:

A non-EU national or national of Iceland, Norway, Liechtenstein, or Switzerland
Not be a beneficiary of other tax programmes (Residents Scheme Regulations, High Net Worth Individuals Rules, Malta Retirement Programme, UN Pensions Programme, Qualifying Employment in Innovation and Creativity Rules, or Highly Qualified Persons Rules)
Own or rent a qualifying property which the individual occupies as a principal place of residence
Receiving stable and regular resources that adequately support themselves and their dependents.

Required Investment

Purchase

• €275,000 immovable property in Malta (other than the south of Malta)
• €220,000 immovable property in the south of Malta
• €220,000 immovable property in Gozo

OR

Rent

• €9,600 per annum for an immovable property in Malta (other than the south of Malta)
• €8,750 per annum for an immovable property in the south of Malta
• €8,750 per annum for an immovable property in Gozo

Malta Permanent Residency Program

The Malta Permanent Residency Program allows for Non-EU/EEA/Swiss nationals to obtain permanent residency in Malta for a lifetime. With this program, individuals can access Schengen visa free, have the right to reside and settle in Malta indefinitely, and the possibility to apply for a work permit under a separate process. The main difference between the Malta Permanent Residency Program and the Malta Global Residence Program resides in the tax status.

Required Investment:

Purchase

Full Contribution:

• € 98,000 direct investment +
• € 2,000 Donation +
• € 10,000 annual renting of a residential unit in South Malta or Gozo for a minimum of five years

Reduced Contribution:

• € 68,000 direct investment +
• € 2,000 Donation +
• € 300,000 purchase of residential unit in the South Malta or Gozo

If want to rent or purchase real estate in an another area in Malta, the minimum annual rent is € 12,000 or a minimum purchase of €350,000

With the MPRP, the individual gains numerous opportunities, including eligibility to apply for Long Term Residence status, the possibility to apply for naturalization as a Maltese citizen, and life-time visa free travel within the Schengen area.

Malta Ordinary Resident Permit

The Malta Ordinary Residence Permit seeks to offer individuals the opportunity to reside in Malta for more than three months. This permit extends to EU or EEA or third country nationals staying in Malta for more than three months, those employed or opening a business in Malta, or those that can demonstrate their financial independence by maintaining sufficient funds or alternative income to support their lifestyle in Malta without the need for employment. Eligibility stems from those who plan to not physically stay in any other jurisdiction for more than 183 calendar days.

Malta Digital Nomad Visa

The Malta Digital Nomad Visa grants individuals the right to work remotely in Malta. To be eligible for this type of visa, one must prove that they can work remotely, be third country nationals, have health insurance covering risks in Malta, hold a valid purchase or rental agreement, and have a monthly income of at least €2,700. The individual must fall under one of three categories:

• Work for a foreign employer with a contract of work
• Be a partner/shareholder of a foreign-registered company for whom they conduct business activities.
• Offer freelance or consulting services for permanent establishments in foreign countries with whom the applicant has contracts.

The process tends to take up to 30 days.

Overall, there are several options if one wants to obtain residency in Malta, ranging from the Malta Permanent Residency Program that provides lifetime visa-free Schengen access to the Malta Digital Nomad Visa that allows one to work remotely in Malta while enjoying all that the country has to offer. If you would like to learn more about Malta Residency routes, please don’t hesitate to contact us at Tsavorite as we would love to connect with you.