OFFSHORE
Residency Options in Malta for Non-EU Nationals :
• Global Residence Programme ( GRP ): Tailored for affluent individuals from outside the EU , Switzerland , or the European Economic Area , the GRP offers a special tax status . Beneficiaries are not taxed on income arising outside Malta unless it ' s received in Malta , and a flat rate of 15 % tax applies to income received in Malta .
• Nomad Visa : This visa is perfect for remote workers and digital nomads . It allows individuals to live and work in Malta while being employed by companies located outside the country .
• Retirement Programme : Malta ' s Retirement Programme is designed for EU , EEA , and Swiss nationals who are not in an employment relationship and are in receipt of a pension as their regular source of income . Beneficiaries under this program are subject to a flat rate of 15 % tax on foreign income received in Malta . The Retirement Programme ( RP ) has recently also been made available to individuals who want to relocate to Malta and are not citizens of an EU Member State , European Economic Area ( EEA ) or Switzerland ( e . g ., South Africans ).
Citizenship by Investment in Malta The Citizenship by Investment for Exceptional Services by Direct Investment program allows individuals and their dependents to acquire Maltese citizenship through a direct investment . Key requirements include a significant government contribution , a property investment or lease in Malta , and a donation to a registered NGO .
Benefits of obtaining Maltese Citizenship are manifold . They include visa-free travel to over 170 countries , the freedom to live and work in the EU , and access to the Schengen area , among others .
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113 OCT / NOV 2023 Real Estate Investor Magazine