The Global Residence Programme is available to non-EU nationals, who are interested in taking up residence in Malta whilst enjoying a favourable tax rate.
Applicants are also able to work or set up a business in Malta subject to applying for and obtaining the necessary permits.
Any income arising in Malta is subject to a flat rate of 35% tax.
Beneficiary would also be able to benefit from double taxation relief.
A non-refundable administrative fee of €6,000 is applicable if property is purchased or rented in Malta and €5,500 if the property is bought or rented in the South of Malta.
One must apply through an Authorised Registered Mandatory.