Malta Residency Programme FAQ’s
What are the Tax Benefits for the Malta Residence Programme?
If your application is successful for the Residence Programme, you will be eligible for 15% tax on any income received in Malta. There is also the possibility to claim double taxation relief. The minimum Malta tax payable each year is €15,000.
A person qualifying under the Residence Programme rules must not stay in any other jurisdiction for more than 183 days in any calendar year.
Who can you classify as dependents under the Malta Residency Programme?
The legislation establishes the following rules with regards to who qualifies as dependents moving to Malta:
- The applicant’s spouse or a person whom the applicant is in a stable and durable relationship;
- Any minor children, including adopted minor children;
- Children under the age of 25, including adopted children who are in the care and custody of the applicant;
- Children, including adopted children who are in the care and custody of the applicant but are unable to maintain themselves because of illness or disability;
- Any dependent brothers, sisters and direct relatives.
What is the cost of the Malta Residence Programme?
A non-refundable application fee of €6,000 (€5,500 if the applicant is settling in Gozo or the south of Malta) is payable to the Commissioner of Inland Revenue on applying for the Malta Residency Programme.
How can you apply for the Malta Residence Programme?
You must approve an authorised registered mandatory to act on your behalf in respect to all applications, correspondence, submissions, filings, declarations and notifications contemplated under the Residence Programme rules.
Papilio Services Limited is an Authorised Registered Mandatory and is fully licenced to handle and submit applications for the Residence Programme.