Malta’s Tax System Explained

Malta Tax System

Despite the pastoral scenery surrounded by beaches and endless views of the ocean, Malta is very much a modern European economy.

That means a sophisticated tax system with a number of different tax regimes, which apply to foreigners, residents and citizens of Malta.

Sophistication can be a good thing (even if you’re not a tax advisor) because it allows the government to use taxes to have positive effects on your way of life. But the complexities of Malta’s tax code can get a bit frustrating at times.

Below is a straightforward and easy-to-understand guide to what you need to know to stay on the good side of Malta’s tax department. From double tax treaties to VAT to Malta’s inheritance tax, we’ll cover it all here. Continue reading “Malta’s Tax System Explained”

Malta Company Registration & Formation: Your Set Up Guide

Malta Company Formation Guide

Malta has a dynamic and growing economy with a labor force that is starting to catch up to the rest of Europe in terms of competitiveness. If you have an entrepreneurial idea, few places are better than Malta for starting your company.

Equally, Malta has one foot in Europe and the other committed to maintaining its pro-business tax haven laws. Malta is a strong candidate if you’re looking for a jurisdiction to start a holding company meant to shelter European income from taxes.

Many new companies are established in Malta every year and the process is relatively easy. But Maltese bureaucracy can move slowly and be on the tedious side if you try to go it alone and miss a critical step.

For that reason, it might make sense for you to work with a local adviser who can help walk you through the finer points of the process.

This comprehensive guide will help you get set to plan and register any type of company that you want to form in Malta. As well as trading companies, we’ll also cover the rules that pertain to offshore and holding companies.

Continue reading “Malta Company Registration & Formation: Your Set Up Guide”

Citizenship by Investment in Malta: Costs, Process, Timeline & More

Malta Citizenship by Investment

The world in 2019 can seem like an uncertain place. Conflict and prosperity are no longer separated by oceans. And stressed international organizations are not the guarantors of safety they once were.

That’s why affluent entrepreneurs aren’t always content to stay home and hope for the best. Many take their destiny into their own hands and leverage their wealth to make a safer, more secure home for their family.

Malta’s citizenship by investment program is one of the most popular ways to fast track this process.

Malta has a lot to offer, including possibly the sunniest weather in Europe and one of the continent’s most favorable tax systems.

Even with all of these advantages, it might be the easiest place in the European Union to quickly get a passport — at a price. The government’s citizenship by investment scheme trades the pluses of Maltese citizenship for investment in the country.

This guide will cover all the details of how to get Maltese citizenship by investment — from the timeline to what documents you’ll need to support your application. It’s a big step and does not come cheaply, so read carefully and reach out for professional advice if you feel like you need further clarification.

Continue reading “Citizenship by Investment in Malta: Costs, Process, Timeline & More”

Living in Malta as an Expat: Costs, Safety, Pros & Cons

Living in Malta

Saying “yes” to Malta is an easy choice. Thousands of digital nomads and other expats have made the move and are successfully running their own companies or working for Maltese operations here.

But what about the details?

What will it cost to live in Malta? Do you have to worry about crime in one of Europe’s southernmost countries? Does Malta have an expat community? Can you retire to Malta?

Picking up stakes and moving to another country can be a quick decision but some research can help you feel more connected once you arrive.

We’ll address these questions with special attention paid to the comparative costs, best cities to live and details of the expat life here, along with other relevant information on Malta.

Read on for all you need to know about living in Malta.

Continue reading “Living in Malta as an Expat: Costs, Safety, Pros & Cons”

Your Guide to Buying (or Selling) Property in Malta

Buying Property In Malta

Malta is a country at many people’s center of attention. People and businesses who think of the world as one global place, see the opportunity that Malta represents.

That means that Malta also has a dynamic and shifting real estate market that has some important intricacies to it.

Finding a home is about more than just making a list of must-haves and then buying the property that fits the bill. Conversely, selling a property in Malta’s hot real estate market also takes strategy.

From the perspectives of both tax rates and regulations, the Maltese government is obviously paying close attention to the property market in Malta and is set on actively participating. Some of these stipulations apply in particular if you’re not a Maltese citizen.

This guide will walk you through all of the finer details of buying and selling property in Malta from the taxes involved to how your nationality affects the rules you need to follow.

Continue reading “Your Guide to Buying (or Selling) Property in Malta”

Malta’s Permanent Residence Scheme

Malta Permanent Residence

Malta has a straightforward if sophisticated process when applying for residence permits that you will need when staying for more than three months.

If you decide that you love Malta as much as I do and want to stay permanently, it is usually just as easy to obtain permanent residence status after living here for five years.

Effective permanent residence in Malta is also one of the necessary steps before you apply for Maltese citizenship.

From costs to requirements to benefits of permanent residence in Malta, you’ll find everything you need to know about this important legal step in this guide.

Continue reading “Malta’s Permanent Residence Scheme”

How to Get Maltese Citizenship in 2024

How To Get Maltese Citizenship

There is a long list of reasons for why you might want to live in Malta. We have some of the best weather in Europe — partly because we’re on the geographic edge of the continent. Our country is packed with culture, surrounded by beaches and full of people enjoying a laidback way of life.

Malta also has a stable government, which respects the rule of law and delivers a relatively crime-free environment to the Maltese people. Our economy is forward-looking and set up to focus on growth for the foreseeable future.

Maybe most importantly, we took the decision over twenty years ago to join the EU and participate in the European community. Malta approaches the rest of the world with open arms.

That, in part, means that Malta has one of the world’s strongest passports. Being able to carry the passport ranked 7th by Henley Partners is one of the great advantages of Maltese citizenship.

So, how easy is it to get Maltese citizenship? The answer depends on your family, how much time you have and your willingness to spend money on the process.

This comprehensive guide will take you through the process of setting yourself up to become a citizen of Malta. We’ll cover the time it takes, requirements for each of the routes to citizenship and the fees involved.

Continue reading “How to Get Maltese Citizenship in 2024”