SHELTONS INTERNATIONAL GROUP
Thinking about moving to Malta? Here are the key residency options.
Malta offers attractive residency options for both non-EU and EU nationals. Whether you are a UK or U.S. citizen looking for permanent residency or an EU national seeking a warmer home, Malta has tailored programs to attract affluent individuals and families.
Here’s a detailed look at Malta’s most popular residency options:
For UK and U.S. Citizens (Non-EU): Option 1: Malta Permanent Residence Programme (MPRP)
The Malta Permanent Residence Programme (MPRP) is designed for non-EU nationals, including UK and U.S. citizens, offering a flexible and lifelong residency status without the need to relinquish your original citizenship.
Key Features:
Permanent Residency with Schengen Access: Enjoy the freedom to travel within the Schengen Area.
No Specific Minimum Stay Requirements: Flexibility to live in Malta as per your convenience.
Government Contribution: A financial contribution ranging from €58,000 to €98,000.
Property Requirement:
Rent: From €10,000/year in Gozo or the South of Malta, or €12,000/year in Central or Northern Malta.
Purchase: From €300,000 in Gozo or the South, or €350,000 elsewhere.
Donation: A €10,000 donation to a Maltese NGO.
Family Inclusion: Residency can be granted for life and can include family members.
Benefits:
A flexible, lifelong status that does not require relinquishing UK, U.S. or other citizenship.
Access to high-quality healthcare and education.
A stable and secure environment for families.
For UK and U.S. Citizens (Non-EU): Option 2: Global Residence Programme (GRP)
The Global Residence Programme (GRP) is another attractive option for non-EU/EEA/Swiss nationals seeking to establish residency in Malta. This program is designed for individuals who are self-sufficient and can sustain themselves and their dependents.
Key Features:
Eligibility: Open to non-EU/EEA/Swiss nationals.
Tax Benefits: Beneficiaries are subject to a flat 15% tax rate on foreign income remitted to Malta, with a minimum tax liability of €15,000 per annum.
Property Requirement:
Rent: From €8,750/year in Gozo or the South of Malta, or €9,600/year elsewhere.
Purchase: From €220,000 in Gozo or the South, or €275,000 elsewhere.
Health Insurance: Applicants must have health insurance covering all risks across the EU.
Government Contribution: A one-time contribution of €6,000.
For EU Nationals (Germany, Netherlands, Scandinavia, France): Option 1: Ordinary Residence Self-Sufficient
EU Nationals have the possibility to apply for residency on the basis of self-sufficiency, simply by proving that they have sufficient funds to sustain themselves and their families without relying on the Maltese social system.
Ordinary Residents are typically granted a residence card renewable after 3 years.
Key Features:
Eligibility: Open to EU/EEA/Swiss nationals.
Tax Benefits: Beneficiaries are subject to tax as a non-domiciled individual, at regular progressive tax rates, with a minimum tax liability of €5,000 per annum.
Property Requirement: No specific requirement other than the need to hold a permanent home in Malta
Health Insurance: Applicants must have health insurance covering all risks across the EU.
For EU Nationals (Germany, Netherlands, Scandinavia, France): Option 2: The Residence Programme (TRP)
Key Features:
Eligibility: Open to EU/EEA/Swiss nationals.
Tax Benefits: Beneficiaries are subject to a flat 15% tax rate on foreign income remitted to Malta, with a minimum tax liability of €15,000 per annum.
Property Requirement:
Rent: From €8,750/year in Gozo or the South of Malta, or €9,600/year elsewhere.
Purchase: From €220,000 in Gozo or the South, or €275,000 elsewhere.
Health Insurance: Applicants must have health insurance covering all risks across the EU.
Malta’s residency options provide a range of benefits tailored to the needs of both non-EU and EU nationals. With clear legislation, attractive residency programmes and reliable advisory services, Malta is well-positioned to support both lifestyle and legacy.
To explore how Malta could become part of your strategy, speak to our advisory team at Sheltons Malta on [email protected]. We are at your fullest disposal.
