Originally
initiated in 1988 and
last amended by the Residents Scheme Regulations, 2004,
the
Maltese Permanent Residence
Scheme
provides
tax and other incentives for foreigners to take up
residence in the European
Islands of Malta.
Your Claris
Manager can assist EU
and non-EU nationals seeking a prestigious but sunny
European residence base
with a truly European culture and a safe way of life.
Life-style
Benefits of Maltese
Residence Permits
-
A
pleasant climate and a hospitable
English-speaking people.
-
A
peaceful and safe way of life & high
standard of living.
-
A
rich cultural and historical heritage.
-
Freedom of movement into & out of Malta.
-
No minimum stay requirement.
-
Easy repatriation of capital & income out of
Malta.
-
Excellent banking centre with the presence of
major international banks
-
Excellent access by Sea and the Malta
International Airport
Tax Benefits of Malta Residence Permits
-
A
flat rate of 15% tax only on income received in
Malta;
-
No tax payable on a world-wide income not
received in Malta.
-
Favourable, tax-friendly procedure for moving
your possessions to Malta.
-
No property / land taxes imposed in Malta.
-
No death duties payable in Malta.
-
A
highly respected jurisdiction for incorporating
low-tax companies
-
Favourable double-taxation agreements with key
countries.
Conditions for
Maltese residence
-
Acquisition or rental of property in Malta;
-
Remittance of minimum EUR15,000 p.a. to Malta
bank account for living
expenses;
-
Wealth test (EUR375,000) OR Annual income test
(EUR25,000);
-
A
clean criminal record (save minor/traffic
offences)
Our Service
-
Professional assistance with the Immigration
process including handling
of residence application;
-
Assistance with personal tax registration and
tax compliance in Malta;
-
Location of residential property on sale or for
rental in Malta;
-
Legal assistance with property
acquisition/rental;
-
Private Banking and mortgage assistance;
-
The services of our Notary Public;
-
Tax planning advice.
-
Other
relocation assistance.
For more detailed
information,
please feel free to Contact Us
at your
convenience.
