Malta Retirement Programme 

Request More Information

The Malta Retirement Programme was launched in 2012 through L.N 317 of 2012. The programme was aimed at attracting EU/EEA and Swiss nationals by granting them residency in Malta and a special tax status. However, through L.N 69 of 2020, this programme has been extended to also cover non-EU/EEU and Swiss nationals.

Apart from the obtaining a Maltese residence permit, the other main benefit of this programme is the special tax status it provides. Beneficiaries of the Malta Retirement Programme are subject to a flat tax rate of 15% on foreign sourced income which is received in Malta, subject to an annual minimum tax payable of €7,500 per applicant and a minimum of €500 annually for every dependent.

Any other income will be taxed at the rate of 35%.

An individual who wishes to benefit under this programme must:

  • Not be a Maltese national, domiciled in Malta, and nor does he intend to establish domicile in Malta within 5 years from the date of application.
  • Be a fit and proper person.
  • Holds a qualifying property.
  • Show that he is not a person that is benefitting from any other Malta Tax Residency Programme.
  • Prove that he is receiving a pension in its entirety in Malta and that 75% of such pension constitutes the applicant’s chargeable income.
  • Be in possession of a valid travel document.
  • Be in possession of a valid sickness insurance, covering both the applicant and the dependents, in respect of all risks across the EU.

The beneficiary must undertake either of the following:

  1. Buy a property with a minimum value of €275,000. This amount is reduced to €250,000 if the beneficiary purchases property located in Gozo.
  2. Rent a property for a rent of €9,600 annually. This amount is reduced to €8,750 if the rented property is located in Gozo.

The following are eligible to enjoy residual benefits from the main applicant:

  • The spouse or person with whom the beneficiary is in a stable or durable relationship.
  • The beneficiary’s unmarried minor child, including the child of the spouse.
  • Children who are not minors but are financially dependent on the applicant.
  • Children who are unable to maintain themselves due to circumstances of illness or disability of serious gravity.

The dependent cannot be benefitting from any other Maltese Tax residency programmes and must also be residing at the qualifying property.

Whoever wishes to benefit from such programme must do so by applying through the services of an Authorised Registered Mandatary. The administrative fee payable for an application under this programme is €2,500.

Testimonials

"According to our experience, E&S Consultancy team is made up of well-trained and skilled professionals who are always there to satisfy your business needs with reference to Maltase law. Their work is well organized and carried out in a precise and timely manner. I look forward to continuing my cooperation with E&S Consultancy."

Giorgio Crotta & Marco Compagnino - FIDINAM & Partners

"E&S assisted us with various transactions related to the expansion of our client's global structure. They have provided reliable tax advice; their expertise and efforts have been commendable. We would recommend E&S as an effective service provider."

Mitchell B. Kops & Jill Kelly - Withers Bergman

“E&S Consultancy really provides quality advice with commercial understanding. I have never experienced such a combination of know-how, pro-activeness and entrepreneurial thinking from any advisor. We are very impressed by the professionalism, attention to detail and efficiency of their staff. E&S Consultancy is an excellent firm which knows how to look after its customers."

Florian Karrer - Walters & Karrer Internacional

"Christian Ellul of E&S Consultancy has assisted us with advising on a number of transactions through Malta with particular tax driven expertise involved. We have found their tax and legal services very professional and efficient, with a client-driven approach and sound value for money investment for clients. We can, therefore, recommend E&S Consultancy as a law firm to be used in Malta."

Javier Morera - Broseta Abogados

"I've known E&S Consultancy for many years. They are knowledgeable, friendly and extremely helpful. Their team of experienced professionals has always offered courteous and immediate assistance. They are the best!"

Florian Karrer - Walters & Karrer Internacional

"We are happy to have E&S Group as our legal and transaction consultants. Their reliable and prompt advise on Maltese regulations and requirements has been extremely helpful throughout. Through our interactions with Mariella, Deborah and Anton among others, we find their team to be courteous, skilled, and promptly available to assist us as needed."

Prashanth Swaminathan, CEO of XDAT

“Having E&S as a reliable and trusted firm in Malta handling all the complexities of our corporate operations has been a real pleasure. I would recommend E&S Consultancy to anyone who is seeking the right partner when setting up in Malta"

Eric Benz, CEO of Changelly

Applying for the MPRP is a complex project but with E&S team, the whole process didn’t seem to be as complex. The team first explained the process and then created a very detailed work activity tracker explaining each activity clearly. The team was very quick to respond to any clarifications and gave us confidence, helping in every step to make the process doable. One of the key areas for E&S’ success in guiding us was the painstaking detailed documentation and steps to be followed. Moreover, the process moved fast, and we got our approval the first time, in one shot 😊. I would strongly recommend E&S for MPRP process as with them, you will get it done successfully and faster than others.  For me, I see the full form of E&S as Efficiency and Success for its clients.

 

Raanngin Lahirih - CEO & Founder of YVC Europe Ltd

Request More Detailed Information
About The Retirement Programme

For our other services contact us here.

    Ordinary Residency

    Re-domiciliation

    Legal Opinions

    Company Formation