The Malta Residence Programme (TRP) offers an attractive opportunity for individuals and families seeking residence in a stable and welcoming EU country. Designed for EU, EEA, and Swiss nationals who wish to benefit from Malta’s advantageous tax system, this programme grants residency in a Mediterranean location known for its vibrant economy, excellent healthcare, and rich cultural lifestyle.

The programme is particularly suited to individuals with foreign income, as it provides the possibility of tax optimisation while enjoying Malta’s high standard of living and EU-wide travel privileges.

Benefits of the Malta Residence Programme

By becoming a beneficiary of the Malta Residence Programme, individuals can enjoy the following advantages:

• Favourable Tax Treatment: Beneficiaries are taxed at a flat rate of 15% on income remitted to Malta, with a minimum tax liability of €15,000 per annum. Income earned outside Malta that is not remitted to the country is not taxable locally, making the programme ideal for those with foreign earnings.
• EU Residency Benefits: Residents can travel freely within the Schengen Zone, providing seamless access to many EU countries for both business and leisure.
• Family Coverage: The programme extends to dependents, including spouses, children, and parents who rely on the applicant for financial support, ensuring that the entire family can benefit from Malta’s residency privileges.
• No Minimum Stay Requirement: Beneficiaries are not obligated to spend a specific amount of time in Malta, offering flexibility for those with international commitments.

Eligibility Requirements

To qualify for the Malta Residence Programme, applicants must meet specific conditions, including:

• Property Ownership or Rental: Applicants must either purchase or rent property that meets the minimum threshold set by the Maltese government. The minimum value is currently set at €275,000 for property in the central or northern regions and €220,000 in Gozo or the south of Malta. For rentals, the minimum annual rent must be €9,600 or €8,750, depending on location.
• Sufficient Financial Means: Applicants must prove they have sufficient funds to support themselves and their dependents without relying on public assistance.
• Health Insurance: Comprehensive health insurance covering all risks within Malta and the EU is required.
• Fit and Proper Test: The applicant must pass a due diligence assessment to confirm that they have no criminal record or involvement in illegal activities.

Obligations and Conditions

Once granted residency, beneficiaries must meet the following ongoing obligations:

• Maintain the Property: Applicants must retain ownership or rental of their qualifying property for the duration of the programme.
• Annual Minimum Tax: A minimum tax payment of €15,000 per year is mandatory.
• Tax Returns: Annual tax returns must be submitted in compliance with Maltese regulations.

How FACT Can Help You

Applying for the Malta Residence Programme involves multiple steps and detailed documentation. At FACT, we make the process simple and hassle-free through tailored support:

1. Eligibility Review: We assess your situation to ensure you meet the criteria and identify the most suitable approach to your application.
2. Property Guidance: Our experts help you find the right property, whether for purchase or rent, that complies with the programme’s requirements.
3. Document Preparation and Submission: We handle the preparation of all required documents, ensuring that your application is accurate and complete.
4. Post-Approval Support: Once your application is approved, we continue to assist you with tax filings, annual compliance, and any updates needed to maintain your residency status.

Why Choose Malta for Residency?

Malta offers a wealth of opportunities beyond tax benefits. Its robust infrastructure, bilingual environment, top-tier healthcare, and strategic EU location make it an ideal place to live, work, and invest. With access to excellent schools, diverse cultural experiences, and an innovative business ecosystem, Malta is the perfect balance between lifestyle and professional growth.

Partner with FACT for Your Malta Residency

Our in-depth understanding of Maltese residency programmes allows us to provide you with the best possible support. Contact us today to begin your journey towards securing residency through the Malta Residence Programme and unlock a world of benefits.