United Nations Pensions Programme

CAPITAL CITY: Valletta LANGUAGES:Maltese, English TIME ZONE:Central European Time Zone (UTC+01:00) CURRENCY: Euro € TOTAL AREA:316 km² POPULATION:417,432 NEAREST COUNTRY:Italy, 255 km SCHENGEN STATUS:Full Member

• Fast Process of operation in 3 Months;
• No Income Tax on the UN Pension Income;
• Presence is not Required;
• Remittance is a Basis of Taxation for 15% Flat Rate;
• Applicant is getting Schengen Residence.

The United Nations Pensions Programme regulations were enacted by virtue of Legal Notice 184 of 2015, under the Maltese Income Tax Act. The scope of these regulations is to determine the conditions of individuals residing in Malta under the United Nations Pensions Programme. 

• Beneficiaries must be in receipt of a UN Pension of which at least 40% received in Malta;
• Pay a non-refundable administrative fee (€4,000) to the Commissioner for Revenue; 
• Buy property in Malta, min €275,000 or Gozo, min €220,000 or rent property in Malta, min €9,600 or Gozo, min €8,750 (annually);
• Pay a minimum annual tax in respect of the income arising outside Malta which is received in Malta excluding UN pension income or Widow’s benefit (€10,000) and an additional (€5,000) in the event that both spouses are in receipt of a UN Pension;
• Applicant should be covered by an EU Health Insurance Policy.