The Malta Retirement Programme (MRP)

Foreigners residing in Malta benefit from a favourable tax regime, where taxation is only applied to Maltese-derived income and overseas income remitted to Malta. There are no taxes on worldwide income, property, or wealth, fostering financial peace of mind.

Capital Gains tax exemptions apply to the sale of the main residence if owned and occupied for the preceding three years.

Double taxation protection is ensured through agreements with numerous countries worldwide, preventing income from being taxed twice.

Certain foreign earned income, including dividends, interest, and royalties remitted to Malta, may qualify for reduced tax rates or exemptions, particularly in the realms of private pensions and capital gains.

Applications must be submitted by an Authorised Registered Mandatory, ensuring compliance with program regulations.

Upon receiving a Registration Certificate, applicants can proceed to apply for tax status within the Malta Retirement Programme, benefiting from a favourable 15% tax rate.

Eligible applicants hail from EU or EEA countries, including Norway, Iceland, Liechtenstein, or are Swiss nationals.

Participants in the MRP must not reside in any other country for more than 183 days annually and must maintain residence in Malta for a minimum of 90 days per year, averaged over a five-year period.

Property ownership or rental in Malta or Gozo is a requirement. For property purchases, minimum values stand at €275,000 for Malta and €250,000 for Gozo. Rental properties must meet minimum annual values of €9,600 for Malta and €8,750 for Gozo, with a minimum lease term of one year, supported by a lease agreement.