Malta Ordinary Residence

Country Highlights

CAPITAL CITY: Valletta
LANGUAGES: Maltese, English
SCHENGEN: Full Member Since 2007
CURRENCY: Euro €
TOTAL AREA: 316 km²
POPULATION: 552,747
NEAREST COUNTRY: Italy, 255 km
TIME ZONE: Central European Time Zone (UTC+01:00)

Malta Ordinary Residence Benefits

These are the main benefits of the Malta Ordinary Residence:

• Right to reside and work in Malta;
• Safe, high quality & tax efficient jurisdiction;
• Residence card within 6-8 weeks;
• Family members are included;

Ordinary Residence card gives Schengen Residence. Maltese Ordinary Residents, not domiciled in Malta are taxable on a remittance basis. Accordingly, ordinary residents are not taxable on foreign source income not received in Malta and also not taxable on any capital gains arising outside Malta, whether remitted to Malta or otherwise.

Ordinary Residents who are resident but not domiciled in Malta, and whose foreign annual income is at least €35,000, are subject to an annual minimum tax in Malta of €5,000.

‍

Legal Basis

Maltese Ordinary Residence is available to EU nationals by virtue of EU Directive 2004/38/EC which was implemented in Maltese legislation by means of Legal Notice 191 of 2007.

Malta Ordinary Residence Eligibility

• EU & EEA Nationals are Eligible;
• Evidence of  Financial Independence;
• Purchase or rent property in Malta;
• Must have full health insurance.

‍

‍