| |
Permanent Residence
Scheme |
|
Ordinary Residence
Permit |
|
|
Tax
on worldwide wealth |
none |
|
none |
|
|
Tax
on worldwide income not remitted to Malta |
none |
|
none |
|
|
Tax
rate on remitted income |
15% (subject
to min.) |
|
tax rates |
|
|
Minimum annual tax |
EUR4,192 |
|
0 |
|
|
Fiscal viability:
remittance by a single taxpayer |
> EUR23,500 |
|
< EUR23,500 |
|
|
Fiscal viability:
remittance by a married couple |
> EUR28,500 |
|
<
EUR28,500 |
|
|
Inheritance tax |
none |
|
none |
|
|
Wealth tax |
none |
|
none |
|
| |
Permanent Residence
Scheme |
|
Ordinary Residence
Permit |
|
|
Investment required |
none |
|
none |
|
|
Minimum stay |
none |
|
6 months in every year |
|
|
Property requirement |
rent or buy |
|
rent or buy |
|
|
Malta address to be obtained |
before/during/after
obtaining residence |
|
before obtaining
residence |
|
|
Application processing time |
short |
|
1 week |
|
|
Renewal (just a
formality) |
annual |
|
annual |
|
|
Cancellation/Non-renewal |
only if conditions are
breached |
|
only if conditions
are breached |
|
|
Eligibility |
EU & Non-EU nationals |
|
EU nationals |
|
|
Conversions between
permits possible |
yes |
|
yes |
|
|
Entitlement to
Citizenship |
no |
|
no |
|
|
|
|
|
|
| |
|
|
|
|
