The Government of Malta has recently launched new Residence Programmes that continue to build on the success of Malta’s reputation in attracting expatriates seeking an alternative residence base. There are specific residence programmes for both EU and non-EU citizens where individuals can benefit from a low personal tax rate of 15% on income arising outside Malta that is remitted to Malta. These programmes vary on the basis of either Residence or Retirement. The minimum tax to be paid under the Retirement Programme is that of €7,500 and €500 per dependent. In marked contrast to this, the minimum tax under the Residence Programme (EU individuals) and the Global Residence Programme (Non-EU individuals) is €15,000.
