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1. Malta’s Citizenship by Naturalisation for Exceptional Services is a citizenship-by-investment programme, aimed at non-EU and non-EEA nationals. Through this programme, those highly-talented High-Net-Worth Individuals who successfully went through a rigid and thorough due diligence process and who prove to be of good standing and repute, can become Maltese citizens.
2. Through Maltese Citizenship by Naturalisation for Exceptional Services Maltese government provides the possibility to attain Citizenship through Investment, thereby providing a gateway to access all the rights as a Maltese and European Union national. Successful applicants and their dependents will be able to live, study and set up their business in Malta or in any European Union Member State.
3. Acquiring Maltese citizenship through Citizenship by Naturalisation for Exceptional Services is a subject to an exceptional direct investment and can be acquired in 36 months or 12 months. Applicants acquiring Maltese citizenship through this origramme are granted with an e-residence card within few weeks after submission of the application. The residence card grants applicants with a Maltese Residency status and visa-free access to all Schengen member states.
Eligibility criteria under Maltese Citizenship by Naturalisation for Exceptional Services Programme
Maltese Citizenship by Naturalisation for Exceptional Services, that allows highly reputable individuals and their families to receive Maltese citizenship based on a contribution to and investment in Malta, has the following requirements:
Options are:
1. Government Contribution
The main applicant is required to contribute €600,000 (after 36 months of effective residence in Malta) or €750,000 (after 36 months of effective residence in Malta) to the Maltese Government, which is deposited in the National Development and Social Fund.
2. Donation to local NGO
The applicant is required to donate, prior to the issue of the certificate of naturalisation, a minimum of €10,000 to a registered philanthropic, cultural, sport, scientific, animal welfare or artistic non-governmental organisation or society, or as otherwise approved by the Agency.
3. Investment in Real Estate
Applicant should own or rent a qualifying property in Malta and hold such investment for a minimum period of five (5) years from the date of issue of the certificate of citizenship. The property considered as qualifying if:
Malta Permanent Residence Programme (MPRP) is a residence by investment programme aimed at non-EU and non-EEA nationals.
Through the Malta Permanent Residence Programme third country nationals and their dependants willing to invest in the islands of Malta are granted a permanent Maltese residency status, which provides them with the opportunity to reside, settle and live in Malta.
One of the main features of this program is that there are no minimum stay requirements towards the applicant. This gives a privilege to the applicant and his dependants to travel freely within the Schengen area for 90 days in a 180 day period.
Eligibility criteria under Malta Permanent Residence Programme
Options are:
1. Government Application fees
The main applicant is required to invest EUR 40,000 to the Government of Malta of which EUR 10,000 will be paid on the initial application/registration process and the balance of EUR 30,000 will be invested on the approval of the application.
2. Dependant Application fee
Additionally, EUR 7,500 must be invested as an application fee per dependent parent/grandparent.
3. Declaration of Liquidity
The Applicant must have in his/her possession a capital of not less than EUR 500,000, out of which a minimum of EUR 150,000 must be financial assets.
4. Real Estate Investment
Applicants must purchase or lease a property in Malta of minimum (Qualifying investment must be held for a minimum period of 5 years, after which a residential address is required):
5. Government Contribution
Additionally to the above, applicants must pay a government contribution of:
6. Donation to NGO
The applicant must make a donation of EUR 2,000 to a local NGO registered with the Commissioner of Voluntary organizations.
The Global Residence Programme of Malta is one of several residence schemes offered by the Maltese government aimed at attracting third-country nationals to reside in Malta. This scheme is applicable for non-EU, non-EEA and non-Swiss nationals who may wish to reside in Malta and possibly even take up employment in Malta.
Global Residence Program of Malta offers applicants an opportunity to enjoy the ease of travelling within the Schengen area. The application for this program, as for others, can include the main applicant and his spouse, financially dependent ascendants and other nonfamily members and dependent relatives that are shown to be bona fide members of the household. Children under the age of 25 are automatically eligible for inclusion. Applicant’s eligibility for the programme is subject to demonstrated financial self-sufficiency.
Beneficiaries of the Global Residence programme of Malta are granted with a “special tax status”.
The status applies to both beneficiary and his dependants on the payment of their income tax, where the base tax rate applicable to any income received by the beneficiary in Malta arising outside of Malta will be fixed at a rate of 15%.
The minimum tax that the beneficiary must pay annually is set at Euro 15,000 per annum. This minimum tax covers income of the beneficiary and his / her dependents that arise outside Malta and is received in Malta and does not include income that arises in Malta.
Any income, which does not fall under the aforementioned regulation, will be taxed at a fixed rate of 35% in accordance with the Malta Income Tax Act rules.
Eligibility criteria under Global Residence Programme
The Global Residence Programme (GRP) is designed exclusively for
· non-EU
· non-EEA, and
· non-Swiss nationals.
Thus, people who are EU citizens or citizens of Iceland, Norway, Liechtenstein or Switzerland are not eligible for this programme. However, they can benefit from the Malta residence programme.
Furthermore, applicants for the Global Residence Programme of Malta should satisfy the programme requirements as set in S.L. 123.148 (further amended by L.N. 69 of 2020):
The applicant does not benefit from any other Maltese tax programme.
Applicant owns or rents a qualifying property in Malta as his principal place of residence worldwide. The property considered as qualifying if:
1. Property Purchase
• Immovable property situated in Malta with a minimum value of Euro 275,000
• Immovable property situated in Gozo or in the south of Malta with a minimum value of Euro 220,000
2. Property Lease
• Immovable property situated in Malta with a minimum value of Euro 9,600 per annum.
• Immovable property situated in Gozo or in the south of Malta with a minimum value of Euro 8,750 per annum.
• Applicant is in receipt of stable and regular resources which are sufficient to maintain himself and his dependents without recourse to the social assistance system in Malta.
• Applicant is in possession of a valid travel document.
• Applicant is in possession of valid health insurance covering him and his dependants across all European Union member states;
• Applicant can adequately communicate in one of the official languages of Malta.
The beneficiaries of the Global Residence programme, upon granting of the Special Tax status under the Global Residence Programme rules must meet the following ongoing obligations:
· Maintain qualified owned or leased property at all time
· Maintain the required health insurance
· Submit the Annual Declaration together with the income tax return
· Do not spend more than 183 days a year in any other jurisdiction
· Be able to comply with all special reporting and notification requirements.
A beneficiary of the Global Residence Programme will cease to benefit from this programme if he no longer satisfies any of the mandatory conditions of the programme. The special tax status will be terminated with immediate effect if:
A beneficiary of the Global Residence Programme will cease to benefit from this programme if he no longer satisfies any of the mandatory conditions of the programme. The special tax status will be terminated with immediate effect if:
A special tax status may also be terminated if the beneficiary himself opts to withdraw from the special tax status by notifying the Commissioner for Revenue.
However, following the death of the beneficiary, the special tax status devolves onto his direct dependant who has inherited the main residence of the deceased (or rented a qualifying property immediately after the death of the deceased beneficiary). The dependant will only inherit the special tax status if he meets all the criteria required for the retirement programme and the Commissioner for revenue receives relevant documentation within 183 days from the death of the beneficiary.
Malta Nomad Residence Permit programme is aimed at third-country nationals who wish to relocate to Malta whilst continuing to work remotely with their current employer, if employed, or experience a life in a different place whilst providing their freelance services to international clients.
This residence programme took its roots from the change of numerous companies from office jobs to teleworking in connection to the Covid-19 pandemic. Remote working has been becoming a trend and Malta is no exception.
Malta’s technological progress has always attracted numerous digital nomads to the island. Having seen a noticeable increase in the past year. According to statistics, more than 1000 EU-national digital nomads are already residing on the island. The Malta’s Nomad Residence Permit is aimed at providing non-EU citizens with equal opportunity to relocate to Malta.
Malta offers great telecommunications infrastructure, such as 5G Internet accessible from anywhere on the island. Further to that, a Mediterranean climate; socio-economic and political relations with Europe, Africa, and the Middle East; political stability, and other historical treasures, the island is one of the most suitable and most attractive countries for digital expatriates.
Malta Nomad Residence Permit (NRP) was officially launched on the 2nd June 2021 by Alex Muscat, Parliamentary Secretary for Citizenship & Communities and Anton Sevasta, CEO of Identity Malta. The Nomad Residence Permit falls under the administration of the Residency Malta Agency.
This residence Program of Malta is open to third-country nationals, who fall under one of the 3 following categories:
· Those who are employed with a registered in a foreign country employer
· Those who are partners/shareholders of a company registered in a foreign country
· Those who offer freelance or consulting services to the clients who are based in a foreign country and with whom they hold contracts.
Further to the above, to be eligible for the Nomad Residence Permit the applicant should be able to demonstrate:
· A gross monthly income of a minimum EUR 3,500.
· Be in possession of health insurance covering risks in Malta.
· Hold of a valid property rental or purchase agreement in Malta.
In order to apply for the Nomad Residence Permit of Malta, one shall gather the required documentation and submit an application to the Residency Malta Agency.
The application for the Nomad Residence Permit of Malta is subject to the government administrative fee of Euro 300. A background verification check is conducted on each applicant accordingly.
CITIZENSHIP BY INVESTMENT
PERMANENT RESIDENCY
GOLDEN VISA
INVESTOR VISA
COUNTRY | PASSPORT DELIVERY |
INVESTMENT | DONATION | CHILDREN* & PARENTS* AGE |
VISA FREE COUNTRIES |
LENGTH OF RESIDENCY |
PHYSICAL STAY |
|||
---|---|---|---|---|---|---|---|---|---|---|
CARIBBEAN CITIZENSHIP | ||||||||||
ANTIGUA | 4 MONTHS | $200,000 | $100,000 | 152 | - | NO | ||||
DOMINICA | 3 MONTHS | $220,000 | $100,000 | ≤ 30 | 142 | - | NO | |||
GRENADA | 3 MONTHS | $220,000 | $150,000 | ≤ 30 / ≥ 55 | 145 | - | NO | |||
ST KITTS & NEVIS | 3 MONTHS | $220,000 | $150,000 | ≤ 30 / ≥ 55 | 157 | - | NO | |||
ST LUCIA | 3 MONTHS | $300,000 | $100,000 | ≤ 30 / ≥ 55 | 147 | - | NO | |||
EUROPEAN CITIZENSHIP | ||||||||||
AUSTRIA | 2 YEARS | €10 MILLION | €10 MILLION | < 18 | 188 | - | 2 VISITS | |||
MALTA | 14 MONTHS | - | $750,000 | 28 | 185 | - | 2 VISITS | |||
MONTENEGRO | 4-6 MONTHS |
|
< 18 | 125 | - | 1 VISITS | ||||
ALTERNATIVE CITIZENSHIP | ||||||||||
TURKEY | 5 MONTHS | $250,000 | - | < 18 | 112 | - | NO | |||
VANUATU | 3 MONTHS | - | $130,000 | ≤ 25 / ≥ 50 | 113 | - | NO | |||
RESIDENCY PROGRAMMES GOLDEN VISAS INVESTOR VISAS | ||||||||||
CANADA | 5 YEARS | CAD 1.2 MILLION | CAD 350,000 | ≤ 22 | - | 5 YEARS | 730 DAYS | |||
GERMANY | 8 YEARS | €350,000 | - | < 18 | 26 | 3+2 YEARS | 1 DAY/6 MONTHS | |||
GERMANY | 7 YEARS | €250,000 | - | < 21 | 26 | 5 YEARS | 1 VISIT | |||
IRELAND | 5 YEARS | €1 MILLION | €500,000 | < 18 | - | 2+3 YEARS | 1 DAY/YEAR | |||
MALTA | - | - | €100,000 | NO AGE LIMIT | 26 | PERMANENT | NO | |||
NEW ZEALAND | 5 YEARS | NZD 3 MILLION NZD 10 MILLION |
- | < 24 | - | 5 YEARS | 6 MONTHS | |||
PORTUGAL | 5 YEARS | €280,000 | - | ≤ 28 / ≥ 65 | 26 | 2+2+1 YEARS | 7 DAYS/YEAR | |||
SPAIN | 10 YEARS | €500,000 | - | ≤ 18 / ≥ 18 | 26 | 13 YEARS | - | |||
UK | 5 YEARS | £250,000 to £450,000 |
- | < 18 | - | 3 YEARS | 6 MONTHS/YEAR | |||
USA | 5 YEARS | $900,000 | - | 21 | - | 2+3 YEARS | 6 MONTHS |