Global Residency Program
Launched in 2013 the Global Residency Program is an established and interesting proposition for non-EU persons who wish to set up residence within the EU and benefit from Visa free movement within the Schengen Area, while enjoying an attractive tax treatment.
Persons who are resident but not domiciled in Malta, pay taxes only on income arising in Malta and income which they bring into Malta. They pay no Malta tax on capital gains arising outside Malta, whether remitted or not. Nor do they pay Malta tax on any income which arises outside Malta but is not remitted here. Global Residency Program certificate holders pay tax on remitted income at the flat rate of 15%. Income arising in Malta, if any, will be taxed at 35%. However, in any one year Global Residency Program certificate holders must pay a minimum of €15,000 in tax on remitted income.
Residency in Malta
The Global Residency Program certificate entitles the holder to apply for and obtain a residency permit on the basis of economic self-sufficiency. This will in turn give the holder the right to limited visa free travel within the Schengen Area.
We look forward to getting started with our exclusive Fast Track Application Process.
Contact us directly at firstname.lastname@example.org and your enquiry will be dealt with as soon as possible.