The proposal gives some insight into how the UK Government sees this working in a post-Brexit Europe. The UK is proposing a reciprocal system whereby EU citizens in the UK should be treated in the same way as UK nationals should be treated in the EU. The proposal requires new legislation on both sides and negotiations have just started.
As stated above, the UK proposal is based on reciprocity, ie that the EU will grant UK nationals the same status in the EU as the UK will grant EU citizens in the UK. It remains to be seen whether or not this would mean that any UK nationals would be charged to tax in Malta on a world-wide basis.
We will follow the negotiations closely and will publish updates when there is any new information available.
In the meantime, should you have any questions or queries about the above or any other residence matter, please do not hesitate to contact Thomas Jacobsen on email@example.com for more information.