The Residence Programme (TRP) | Living in Malta

Description

The TRP is open to individuals who are: EU nationals (excluding Maltese citizens) EEA nationals (Iceland, Norway, Liechtenstein) Applicants must not already benefit from other special tax schemes (HNWI, GRP, MRP, MPRP, HQP, etc.), though they may renounce them before applying. Stable and regular financial resources Ability to communicate in English or Maltese Application must be submitted through an Authorised Registered Mandatary (ARM) To qualify, applicants must own or rent a qualifying property in Malta and use it as their principal place of residence worldwide. €275,000 — Malta (excluding the South) Older purchases (pre-July 2013) can still qualify if an architect certifies the current value meets these thresholds. €9,600/year — Malta (excluding the South) Clearly stating if the property is furnished or unfurnished Property must be your main residence worldwide Only applicant and approved dependants may reside in it Subletting or renting out the property is not allowed The TRP offers an attractive 15% flat tax rate on foreign-sourced income remitted to Malta by the beneficiary and eligible dependants. Foreign-sourced income not remitted to Malta is not taxed Local income is taxed at standard Maltese rates (0–35%) Double taxation relief may apply No inheritance tax, no wealth tax, no municipal taxes This makes TRP ideal for individuals with foreign income streams who want a stable, EU-based tax residence. Malta is an EU and Schengen member offering political stability, strong regulation, and reliable institutions. English is an official language, widely used in business, banking, and daily life. Over 300 days of sunshine yearly, a safe environment, Mediterranean lifestyle, and a strong expat community. Direct flights to most major European cities; ideal base for remote work, business, and leisure. Malta offers competitive taxation, access to double-taxation treaties, and a transparent, EU-compliant tax system. Disclaimer: We are not licensed or authorised to provide legal, tax, or financial advice regarding Maltese residency or investment schemes. Any information provided is for general guidance only and should not be relied upon as professional advice. Please consult a licensed advisor for personalised assistance. All rights reserved - Belair Property 2025