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The Maltese Citizenship Act (Cap 188) establishes who may become a citizen of Malta by naturalisation, provided that the applicant satisfies the relative provisions.
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Maltese Family Businesses Resource Centre
For over 30 years Grant Thornton’s advisory teams have assisted family businesses in navigating the challenges of leadership and succession across generations
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There are many 'exit strategies' that need to be considered to minimise the risk of conflict. They can arise from the eventual exit of a family member from the ownership ranks and can have many causes. See how we can help.
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A study published in 2018 by market intelligence and strategic consultancy firm Prohibition Partners, has forecasted that the European cannabis market will be valued €115.7 billion by 2028. According to the same study, while patient numbers are currently below 100,000 across the region, their number is set to grow to over 30 million in the next decade. In 2018 Malta introduced a bill to legalise the use of medical marijuana and attract companies willing to produce high-grade medical cannabis for the European market.
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Grant Thornton is authorised and regulated by the Government of Malta to handle and submit applications for both citizenship applications as well as residence...

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Programmes
Grant Thornton is authorised and regulated by the Government of Malta to handle and submit applications for both citizenship applications as well as residence permits under the various residence programmes available in terms of Maltese law.
Ordinary residency in Malta
Any EU, EEA or third country national who resides in Malta for more than 3 months is obliged to apply for a Residence Permit. There are various grounds upon which an applicant may apply to require a residence permit, including: Self-Sufficiency, Employment or Self-Employment, Family Members, Permanent Residence, Study Purposes.
Qualifying Employment in Aviation Rule
Malta provides qualified persons employed in the field of aviation with an opportunity to enjoy a 15% flat personal tax rate on income generated from their direct employment in Malta. For a candidate to qualify, their annual income must exceed €45,000. This does not include the value of fringe benefits and applies to the derived income received from an eligible office.
Qualifying Employment in Innovation and Creativity (Personal Tax) (Amendment) Rules, 2019
These Rules allows persons employed in a role directly engaged in carrying out, or management of research, development, design, analytical or innovation activities, to enjoy a 15% flat personal tax rate on income generated from their direct employment in Malta.
Qualifying Employment in Maritime and Offshore Oil & Gas Industry Rule
Malta provides qualified persons employed in the field of aviation, with an opportunity to enjoy a 15% flat personal tax rate on income generated from their direct employment in Malta.
Nomad Residence Permit
The NOMAD residence permit, which was launched in June 2021, allows third-country nationals who would normally require a Visa to travel to Malta, to retain their current employment based in another country whilst legally residing on the island.

Related insights:

RESIDENCY Applying for residence in Malta

Any EU, EEA or third country national who resides in Malta for more than 3 months is obliged to apply for a Residence Permit. There are various grounds upon which an applicant may apply to require a residence permit

01 Oct 2019

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2018 Amendments of the Income Tax Act
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Due to the breadth of expertise available, Grant Thornton can provide players in three main sectors of the transport industry; these being Maritime, Aviation,...

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The Maltese Government is constantly remaining to improve the position as the best place to do business within the aviation industry through exhaustive tax agreements, powerful legislation, and many aviation professionals. This is the best time for airlines, financiers and aircraft owners to be located in Malta.
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The industry is emerging at a very fast rate. Consumers are building the industry by demanding lower prices and findings new ways to buy food and drinks,...

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iGaming

With a sound jurisdiction that steers clear of bureaucracy and that has a proven track record, the iGaming industry in Malta is continuing to build on its...

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Gaming Regulations
Malta recently overhauled the framework regulating the iGaming sector. Going forward operators will still be required to obtain authorisation to carry out regulated activities.
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Prior to submission all applicants are advised to go through a pre-application process with one of the MGA’s Licensing Officers. This will ensure that the application has been correctly compiled and all the key ingredients are present.

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Malta Real Estate Investment Trust (REIT)
As part of the 2019 budget, the government has pledged to introduce a Real Estate Investment Trust (REIT) framework in Malta.

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The hospitality and leisure industry is going through a period of extraordinary, inevitable change and will look very different in 2020 than it does today. On...

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Financial services

Financial services businesses engage in an increasingly complex and heavily regulated environment. Grant Thornton's multi-disciplinary Financial Services Group...

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The Markets in Financial Instruments Directive (MiFID) II
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Grant Thornton combines local insight with global scale to help banks meet regulatory expectations, improve technology, and finance the right companies. If you’re looking for a partner in the banking industry, our expertise can make a difference

The Nomad Residence Permit, which was launched in June 2021, allows third-country nationals who would normally require a Visa to travel to Malta, to retain their current employment based in another country whilst legally residing on the island.

Malta has become quite popular with expats working in the igaming and software industries and aims at further consolidating its reputation with this population cluster.

The duration of the permit is one year, renewable at the discretion of Residency Malta, as long as the applicant still meets the set eligibility criteria.

Eligibility

In order to be eligible for the nomad residence permit, applicants must be third country nationals and prove they can work remotely.

Applicants must also prove they fall under any one of the following categories:

Being in possession of a work contract issued by an employer registered in a foreign country
Conduct business activities for a company registered in a foreign country and of which applicant is partner/shareholder; or
Offer freelance or consulting services, mostly to clients whose permanent establishments are in a foreign country, and with whom the applicant has contracts;
Reach a gross monthly income threshold of €3,500 (€42,000 yearly);
Hold a valid travel document;
Have health insurance covering risks in Malta;
Be in possession of a valid property rental or purchase agreement; and
Pass a background verification check.

Standard rules and procedures for obtaining visas and similar permits apply, in addition to the proof of eligibility, while COVID-19 travel restrictions may apply.

Further information may be obtained from the Residency Malta website at https://residencymalta.gov.mt/

Our immigration services

Embarking on the Nomad Residence Programme in Malta? Let us be your guide in making this journey seamless and tax-efficient. Our advisory services are designed to ensure you maximize the benefits of this unique opportunity.

How We Can Help

Strategic Compliance: Navigate the intricate 'Nomad Residence Permits (Income Tax) Rules 2023' with confidence. Our experts will guide you through the application process, ensuring compliance and minimizing paperwork hassles.

Tax Planning: Leverage our expertise to strategically plan your tax obligations. We'll help you understand the nuances of the 12-month income tax exemption and the subsequent reduced 10% tax rate, ensuring optimal financial management.

Remote Work Optimization: Tailor your 'authorised work' to meet the programme's criteria. Whether you're engaged with a non-resident employer or providing services through telecommunications technology, we'll help structure your work for maximum benefit.

Financial Reporting: Simplify your reporting obligations. Our team will assist you in registering for tax purposes, declaring income, filing annual tax returns, and managing necessary payments, ensuring a smooth compliance process.

Double Taxation Relief: Explore the potential for relief under Malta's double tax treaties. We'll guide you through the process, helping you demonstrate compliance and potentially exempting you from the 10% income tax in Malta.

Ready to embark on a tax-efficient nomadic lifestyle in Malta? Our advisory team is here to tailor solutions to your unique situation. Contact us today to optimize your Nomad Residence Programme experience.

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