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The 1988 Malta Permanent Residence Scheme was designed to attract high net
worth individuals to take up permanent resident status in Malta. The
scheme is especially attractive to retirees, authors, intellectuals and
international consultants or simply persons seeking to establish an
alternative residence that suits their lifestyle and tax profile.
The Malta Permanent Residence Scheme was probably the most attractive
residence scheme currently available to individuals seeking to transfer
their tax residence overseas to more attractive jurisdictions that are
warmer in climate, enjoy a high standard of living, provide a safe
environment for younger and older members of the family and a provide a
scheme for permanent residence that is selective, affordable and tax
friendly. Malta ticks all the boxes for an attractive permanent
residence jurisdiction and occupies the highest positions in respected
international indexes for quality living and retirement.
Requirements of the Permanent Residence Scheme
The financial qualifications are easy to
satisfy and permanent residents are entitled to the following benefits:
New Permanent Residence Schemes
New applications under the PR
Scheme were accepted between 1988 and 2010 and existing PR permits
remain valid subject to compliance with the current rules applicable to
their Permanent Residence Permit. New applications for permanent
residence must be made under the 2011
HNWI Residence Rules that are
available in two streams: one for
European nationals and another for
non-European nationals. For more information about the HNWI Schemes
refer to our pages on High Net Worth residence schemes.
For more information about the
Malta Permanent Residence Scheme
or about the
Maltese Ordinary Residence permit, click
on the links on the left hand menu of this page. |
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