Malta Global Residence Programme for travelling Europe without visas
The Malta Global Residence Programme was launched in 2013. Investors rent or buy real estate and pay an administration fee to get a residence permit.
Spouses, children, siblings, parents and grandparents can also become Maltese residents with the investor. The Malta residence permit allows a holder to live in the country, travel across the Schengen Area without visas and optimise taxes.
Investors aren’t obliged to live in Malta. However, they cannot spend more than 183 days a year in another country. The programme terms stipulate that the investor becomes a Maltese tax resident and pays taxes at reduced rates.
The flat tax rate of 15% is charged on income earned abroad and transferred to Malta. The minimum tax due for a family is €15,000 per annum.
Visa-free travel to the Schengen countries
The Malta residence permit equals a Schengen visa, allowing the holder to freely visit the Schengen countries for up to 90 out of 180 days.
Living, working and doing business in Malta
Residents can live in Malta for as long as their residence permits are valid. In addition, they can get a special permit to work or open a company in the country. and there is also no inheritance tax.
Tax optimisation
Investors and their family members become Maltese tax residents. Participants of the Malta Global Residence Programme enjoy a special tax regime: 15% on the income earned abroad and transferred to Malta; 0% on global income not transferred to Malta; 35% on the income earned in Malta. The minimum tax payment for a family is €15,000 per annum. There are no additional taxes for the investor’s family members and inheritance.
“Safe haven” in Malta
Investors aren’t obliged to relocate to Malta, but they must rent or buy real estate on the island. Thus, the family can quickly and freely come to Malta in case of trouble in the country of residence.
Access to European education and healthcare
Investors and their family members can also get medical treatment and education in Malta. As residents, they don’t need visas. The only time limit is the validity of residence permits. Visa-free medical treatment and education are available in other Schengen countries if the period of stay doesn’t exceed 90 days.
Investors pay an administration fee and buy or rent a property in Malta. The investment amount doesn’t depend on the family composition.
The investor pays taxes of at least €15,000 per annum and rents or maintains ownership of a residential property to stay a resident. The property cannot be rented out or subleased.
Renting real estate €34,150+
The rental cost depends on the property location. If a property is in the south of Malta or the island of Gozo, the minimum annual rental price is €8,750. It is €9,600 for the north and centre of Malta.
| Administration fee | €6,000 |
| Rental cost | €8,750+ |
| Minimum annual tax | €15,000 |
| Medical Insurance | €400 per person, depending on their age and state of health |
| Translation and apostille of documents, notary fees | €4,000+ depending on the family composition of the family and the number of documents |
Purchasing real estate €270,200+
If the investor buys a property in the south of Malta or the island of Gozo, the administration fee is reduced to €5,500. The minimum property value is €220,000.
The minimum cost of a property in the north or centre of Malta is €275,000. The administration fee is €6,000.
The investor can sell the property and return the money if they give up the Malta residence permit.
| Administration fee | €5,500+ |
| Purchase of real estate | €220,000+ |
| Taxes on purchasing real estate | €25,300+, including: 1.5% of the property as a notary fee + 18% of VAT; 5% of the stamp duty; 5% of the property tax. |
| Minimum annual tax | €15,000 |
| Medical insurance | €400 per person, depending on age and state of health |
| Translation and apostille of documents, notary fees | €4,000+ depending on the family composition of the family and the number of documents |
Spouses with a child
| Renting real estate | Buying real estate | |
|---|---|---|
| Administration fee | €6,000 | €5,500+ |
| Real estate cost | €8,750+ | €220,000+ + €25,300+ of taxes upon purchase |
| Minimum annual tax | €15,000 | €15,000 |
| Medical insurance | €1,200 | €1,200 |
| Translation and apostille of documents, notary fees | €4,000 | €4,000 |
| Total | €34,950+ | €271,000+ |
| Property maintenance | €8,750 — rental cost €1,800+ per annum on utility bills | + €1,800+ per annum on utility bills |
| Taxes | €15,000+ | |
| Total | €25,550+ | €16,800+ |
Our Compliance & Anti Money Laundering officer examine Investor documents, Applicant only need to provide Passport, We do ensure the privacy and confidentiality of the client.
1 Day
Government Approved Agents' Lawyers prepare the list of personal and financial documents required to apply for Citizenship Program, Include Passports, Birth and marriage certificates and Bank Statement, Lawyers fill out all the sate forms themselves and certify copies of documents: Investor only need to sign
2 to 4 Weeks
We submit the required documents and the application to the government department dealing with the citizenship or residence permit by investment program on behalf of our clients. The government department starts its Due Diligence check when the applicant pays the Due Diligence fee. All family members over the age of 16 included in the application have to undergo this check.
2 to 6 Months
We submit the required documents and the application to the government department dealing with the citizenship or residence permit by investment program on behalf of our clients. The government department starts its Due Diligence check when the applicant pays the Due Diligence fee. All family members over the age of 16 included in the application have to undergo this check.
Upto 3 Months
The investor's passport and naturalization certificate are usually produced within 4 weeks of the fulfilment of the investment condition. They are delivered to the address indicated by the investor in the application.
4+ Weeks
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Schedule a meeting at one of the offices or online. A lawyer will analyze the situation, calculate the cost and help you find a solution based on your goals.
