Residency and Visa Programme (MRVP)

Intended applicants: International investors who are not EU / EEA / Swiss Nationals and intend on residing, settling or staying indefinitely in Malta.

Main conditions for eligibility:

  • Purchase or rental of a qualifying property;
  • Commitment to invest at least €250,000 in approved investments held for a minimum of period of 5 years;
  • The applicant must declare an annual income of not less than €100,000 arising outside Malta or has capital of not less than €500,000;
  • Applicant must pay a contribution of €30,000 of which €5,500 is to be paid on application and the remaining €24,500 on approval of the application.

On acceptance, a certificate will be issued giving the applicant (and registered dependents) the right to reside, settle or stay indefinitely in Malta (Malta Schengen Visa).

Tax treatment:

  • Tax is charged at progressive rates (capped at a maximum of 35%) on Malta sourced income and capital gains, and on foreign source income that is remitted to Malta.
  • Foreign sourced capital gains are tax exempt in Malta (even if remitted to Malta).
  • No tax is chargeable on foreign sourced income that is not remitted to Malta.
  • Bank interest earned in Malta can be taxed at a 15% final withholding tax.

 

For further detailed information, please send us an email on [email protected].

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