The 1988 Malta Permanent Residence Scheme is 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 is 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. 

The financial qualifications are easy to satisfy and permanent residents are entitled to the following benefits:

• No minimum stay requirements

• A low annual tax liability of a mere EUR4,230 (approx. US$4,900) [more]

• No world-wide income/wealth tax - tax only paid on income remitted to and kept in Malta

• No need to purchase property - only a minimum annual rent of EUR4,230

• No minimum investment requirements

• No Inheritance/Wealth Taxes

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.