Malta’s Global Residence Programme (GRP) is a residency scheme tailored for non-EU nationals who wish to benefit from the island’s attractive tax incentives, Mediterranean lifestyle, and access to the EU. This programme offers a flat tax rate of 15% on foreign income remitted to Malta, providing an ideal solution for high-net-worth individuals seeking residency in a stable and business-friendly country.

With its modern infrastructure, English-speaking environment, and strategic location, Malta is a top destination for individuals seeking financial security and a high standard of living. At FACT, we ensure your GRP application process is efficient, from eligibility assessment to ongoing compliance.

Benefits of the Global Residence Programme

• Favourable Tax Rate: Beneficiaries are subject to a flat tax rate of 15% on foreign income remitted to Malta, with a minimum annual tax of €15,000.
• EU Residency: Gain residency in Malta, an EU member state, and enjoy visa-free travel across the Schengen Zone for business or leisure.
• No Wealth or Inheritance Tax: Malta imposes no wealth tax, inheritance tax, or estate duty, making it a tax-efficient destination for long-term planning.
• Family Coverage: The programme extends residency benefits to dependents, including spouses, children, and dependent relatives.
• Flexible Living: There is no minimum stay requirement, allowing you to maintain your global commitments while holding Maltese residency.

Eligibility Requirements

To qualify for the Global Residence Programme, applicants must meet the following criteria:

• Property Requirement: Applicants must either own or rent property in Malta or Gozo that meets the minimum value requirements. The minimum property purchase requirement is €275,000 in Malta and €220,000 in Gozo or the south of Malta. For rentals, the minimum annual rent must be €9,600 in Malta or €8,750 in Gozo.
• Stable Financial Means: Applicants must demonstrate that they have sufficient financial resources to support themselves and their dependents.
• Health Insurance: Comprehensive health insurance covering all risks within Malta and the EU is required.
• Fit and Proper Person Test: Applicants must pass a due diligence process to confirm they have no criminal history or involvement in illegal activities.

Ongoing Obligations

• Maintain Property Ownership or Lease: Beneficiaries must retain ownership or rental of the property for the duration of their residency.
• Minimum Tax Payment: Beneficiaries are required to pay an annual minimum tax of €15,000.
• Tax Filing Requirements: Annual tax returns must be submitted to remain compliant with Maltese tax regulations.

How FACT Supports You

At FACT, we understand the importance of a smooth application process and long-term compliance. Our team offers a full suite of services to help you navigate every step of the Global Residence Programme:

1. Eligibility Review: We evaluate your financial situation and objectives to ensure you meet the programme’s requirements.
2. Property Assistance: Our experts help you select and secure the right property in Malta or Gozo that complies with the programme guidelines.
3. Document Preparation and Submission: We assist in gathering and preparing the required documents, ensuring your application is accurate and complete.
4. Ongoing Compliance: Once approved, we provide ongoing support for annual tax filings, property maintenance, and any changes to your residency status.

Why Choose Malta’s Global Residence Programme?

Malta’s GRP offers more than just tax benefits—it’s a gateway to EU living, business opportunities, and an exceptional quality of life. The programme provides global citizens with the flexibility to maintain their international commitments while enjoying the stability of Maltese residency.

Partner with FACT for a Seamless Application

Our expertise in Maltese residency programmes allows us to provide personalised and reliable support. Contact us today to start your journey towards tax-efficient residency under the Global Residence Programme.