Living in Malta

Malta

Malta offers the climate, the relaxed lifestyle and rich history to make living in Malta a real pleasure. There are several attractive residence programmes to tempt you even more, to move to this sunny isle.

Malta

Living in Malta

Located in the Mediterranean, just south of Sicily, Malta offers all of the advantages of being a full member of the EU and English is one of its two official languages.

Malta’s economy has enjoyed large growth since joining the EU and the forward-thinking Government actively encourages new business sectors and technologies.

To make life even more enjoyable Malta offers tax benefits to expatriates and the attractive ‘remittance basis’ of taxation. To find out more about these advantages as well as the technical detail, please see the Malta programmes below or contact us and we can help answer the questions that are really important to you.

Malta Programmes

Please click into any of the programme(s) below to view the benefits of each, the financial obligations and other criteria that might apply:

Tax Advantages when Living in Malta

Malta non-domiciled individuals living in Malta can benefit from the remittance basis of taxation. This means that they are taxed on Malta source income and certain gains arising in Malta but are not taxed on non-Malta source income not remitted to Malta. In addition, they are not taxed on capital gains, even if this income is remitted to Malta.

Depending on specific circumstances, certain Malta non-domiciled individuals will need to pay a capped annual tax of €5,000.

Malt does not impose inheritance tax, gift tax or wealth taxes.

Tax Advantages Available to Companies in Malta

Income, other than dividends and capital gains is subject to tax at Malta’s normal rate of 35%. 

However, on payment of a dividend, a tax refund of between 6/7ths and 5/7ths of the tax paid by a Malta company is payable to the shareholder. This results in a net Malta tax rate of between 5% and 10%. 

Where such income has benefited from double tax relief or the Malta flat rate tax credit, a 2/3rds refund applies. 

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