Malta citizenship and residence program
Malta citizenship and residence program
Malta is an island nation in the Mediterranean Sea, situated south of Italy, east of Tunisia, and north of Libya. It is a strategic hub that connects Europe, North Africa, and the Middle East.
The capital city, Valletta, is home to Malta International Airport and serves as the country's cultural and administrative center. Tourists are drawn to Malta for its year-round warm climate, UNESCO World Heritage Sites, picturesque beaches, and opportunities for diving, sailing, and exploring historical landmarks.
Malta has a well-developed economy with key sectors including tourism, financial services, technology, and maritime industries. The country is a member of the European Union, the Commonwealth, and the Schengen Area, providing its citizens with significant travel and business advantages. Malta also offers an attractive tax regime for businesses and individuals, making it a sought-after destination for investors.
There are three types of banks operating in Malta: local commercial banks, international banks, and private banks. Malta is a significant hub for international financial services, offering opportunities for tax efficiency, financial privacy, and access to EU markets.
Real Estate Prices
- Apartments and Condominiums: In prime areas like Valletta, Sliema, and St. Julian’s, modern apartments start at €250,000. These properties often feature sea views and amenities such as shared pools, gyms, and parking.
- Houses and Villas: The price for houses and villas varies depending on location and size. Properties with panoramic sea views or historic architecture can range from €500,000 to several million euros. Luxury villas in areas like Mellieha or Madliena often exceed €1,000,000.
- Land Plots: For those planning to build, land plots in Malta are limited and highly sought after. Prices typically start at €150,000 in less developed areas and can reach €500,000 or more in desirable locations.
Malta also offers a citizenship-by-investment program, with a minimum investment in real estate starting at €700,000. Applicants must retain ownership of the property for at least five years. This program has gained popularity among international investors seeking EU citizenship.
The real estate market in Malta continues to grow, driven by high demand from foreign investors, expatriates, and retirees. Factors such as Malta's political stability, favorable climate, and strong economic performance contribute to the market's appeal.
Who Can Obtain Citizenship
In addition to the primary applicant, the following family members can obtain Maltese citizenship under the investment program:
- The spouse of the primary applicant, including non-married partner.
- Children of any age, provided they are financially dependent on the primary applicant.
- Parents and grandparents who are financially dependent on the primary applicant.
All applicants must meet eligibility criteria, including background checks and investment requirements. Malta’s citizenship-by-investment program offers access to a high standard of living, global mobility, and economic opportunities.
What does a Malta program give you?
Malta passport visa-free countries list
Tax Rates
Basically, Malta has a progressive tax system of personal taxation, with tax rates ranging from 0% to 35%. The higher the income, the higher the tax rate will be. Persons who are ordinarily resident and domiciled in Malta are subject to income tax in Malta on their worldwide income and certain capital gains.
An individual is considered a tax resident in Malta if they spend more than 183 days in the country in a calendar year. If an individual spends less than 183 days in Malta, they may still be considered a tax resident if are “domiciled” in Malta.
Dividends are taxed at 8.75% (basic rate), 33.75% (higher rate), and 39.35% (additional rate).
The standard VAT rate is 18%.
Companies are subject to tax in Malta at the standard corporate tax rate of 35%.
The TDS on Fixed Deposit is 10% if your interest for the entire financial year exceeds Rs 40,000 for the Assessment Year (AY) 2024-25. If you do not provide your PAN Card to the Bank, the TDS on FD interest will be 20% or the maximum marginal rate according to existing Income Tax rules.
According to the Maltese laws, there are no inheritance taxes in this country. Considering an inheritance can also take the form of a donation, it is also useful to know that there is no gift tax in Malta either.
Passive royalties are taxed in Malta as part of the company's income at the rate of 35%. However, upon the subsequent distribution of income as dividend, the shareholder may claim a refund of 5/7ths of the Malta tax paid by the company, thus reducing the effective tax paid in Malta to 10%.
Malta imposes a rate of maximum 10% withholding tax on royalties, but royalties can also be tax-free, as a part of the double taxation treaties signed by Malta with several states (associated companies that belong to the European Union's space are exempted from the payment of the withholding tax).
The main taxes on real estate in Malta are paid when signing a sale and purchase contract. The tax rate for buying real estate ranges between 8 and 15% of its value. There is no annual property tax in Malta, but in some cases, you need to pay tax on land.
Business set-up:
The timing is up to two weeks.
There are vast majority of branches of business in Malta, including gambling business and cryptos.
Malta Residents obtain the possibilities to open a company in any country of US.
The residents can return up to 100% paid corporate taxes.
How to obtain a residence permit in Malta
How to obtain a citizenship in Malta
To participate in the Program, applicants must:
Post-immigration services
Exclusive real estate services
Banking assistance (local and offshore accounts)
Company registration/incorporation (local and offshore companies)
Police reports for approved clients
Getting a driver's license
Requirements for applicants
To be eligible for the MPRP, applicants should:
- be third country nationals, non-EU, non-EEA, and non-Swiss.
- not hail from sanctioned countries, as announced from time to time by the Agency.
- not benefit under other pertinent regulations and schemes.
- be in receipt of stable and regular financial resources, sufficient to maintain themselves and their dependents, without recourse to the social assistance system of Malta.
- show they have capital assets of not less than €500,000, out of which a minimum of €150,000 must be financial assets.
- be fit-and-proper individuals and have a clean criminal record.
- not pose any potential threat to the national security, public policy, public health, or public interest.
Our successful cases
Testimonials from satisfied clients
I thank One World Migration for the opportunity to move to Turkey with their help. I looked to relocate my company to be closer to my European partners and suppliers from the Middle East.
I first came to Portugal as a tourist 3 years ago. Having assessed the situation and got acquainted with this country, I decided that I wanted to stay here to live. Thanks to the efforts of One World Migration, this became possible.
I have to thank OneWorld Immigration and their customer mentality for the Grenada citizenship. They were able to prepare all the necessary documents in the shortest possible time and without undue worry and accompanied us throughout the entire process.
The decisive factor for me in my decision to obtain Grenadian citizenship was the possibility of a visa-free visit to Europe, where my husband and I love to come both on business trips and on vacation. Thank you One World Migration!
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