Home > Your Guide to Malta’s Residency Schemes: Options for Living and Investing in the Mediterranean

Your Guide to Malta’s Residency Schemes: Options for Living and Investing in the Mediterranean

Malta is renowned for its stunning landscapes, rich history, and robust economy. Beyond being a favourite tourist destination, it is also highly sought after by those seeking residency. Whether you are an EU citizen, a high-net-worth individual, or a retiree looking for sunny shores, Malta offers a variety of residency schemes tailored to different needs. In this guide, we will break down the key options, including the Malta Ordinary Residence Scheme, Malta Permanent Residence Programme (MPRP), Global Residence Programme (API), and Special Designated Areas (SDAs).

1. Malta Ordinary Residence Scheme

The Malta Ordinary Residence Scheme is designed for EU, EEA, and Swiss nationals who wish to relocate to Malta on a long-term basis. This scheme is ideal for those who are employed, self-employed, or retired with stable income sources.

Key Highlights:

  • Requires evidence of habitual residence in Malta.
  • Low income tax rates, with a progressive tax system capped at 35%.
  • Applicants must either rent or purchase property in Malta to qualify.

This scheme is particularly popular among individuals seeking a base in Malta without significant investment obligations.

2. Malta Permanent Residence Programme (MPRP)

The MPRP is a residency-by-investment programme that offers permanent residence to non-EU nationals. It is an excellent option for those wanting long-term residency without acquiring full citizenship.

Key Highlights:

  • Requires a qualifying investment in real estate and a government contribution.
  • Applicants must maintain property ownership or rental for a minimum of five years.
  • Includes a one-time donation to a Maltese NGO as part of the process.

The MPRP combines security and flexibility, making it a popular choice among affluent individuals and families seeking a Mediterranean lifestyle.

3. Global Residence Programme (API)

Also known as the Malta Global Residence Programme, this scheme is tailored for non-EU nationals with significant financial means who wish to live in Malta on a tax-friendly basis.

Key Highlights:

  • A flat tax rate of 15% on foreign income remitted to Malta.
  • Applicants must either rent or purchase property in Malta, meeting minimum thresholds.
  • Access to Malta’s double taxation treaties, reducing tax burdens globally.

The programme is particularly appealing to retirees and business professionals looking to optimise their tax situation while enjoying Malta’s benefits.

4. Special Designated Areas (SDAs)

Malta’s Special Designated Areas are zones where both EU and non-EU nationals can purchase property with fewer restrictions. These high-end developments provide an easy route to residency and are especially appealing to international buyers.

Key Highlights:

  • Luxury properties in prime locations such as Tigné Point, Portomaso Marina, and Smart City.
  • No permit needed to purchase property in these areas.
  • Properties in SDAs often come with additional amenities, such as private pools, marinas, and 24/7 security.

SDAs are perfect for individuals seeking a seamless relocation process with access to some of Malta’s most prestigious properties.

Malta’s residency schemes provide a wealth of opportunities for individuals and families looking to make this beautiful Mediterranean island their home. Whether you are drawn by favourable tax rates, lifestyle perks, or investment opportunities, there is a scheme to suit your needs.

At BENESTATES, our expert agents specialise in helping clients navigate these options, ensuring a smooth and stress-free process. Whether you’re looking for the perfect property or specialist advice on your residency application, we’re here to assist you every step of the way.

Get in touch with us today for personalised guidance and to explore how we can make your move to Malta a seamless experience!

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