Malta Ordinary Residence

CAPITAL CITY: VallettaLANGUAGES: Maltese, EnglishSCHENGEN: Full Member Since 2007CURRENCY:Euro €TOTAL AREA: 316 km²POPULATION: 417,432NEAREST COUNTRY: Italy, 255 kmTIME ZONE: Central European Time Zone (UTC+01:00)

• 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. Residents of Malta under the ordinary residency scheme and who are 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. 

The Budget Implementation Act passed recently this year, introduced a minimum annual tax in Malta of €5,000 for individuals or couples who are resident but not domiciled in Malta, and who earn at least €35,000 yearly.

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.

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