Global Residence Programme Rules Published


By means of Legal Notice 167 of 2013, the Global Residence Program Rules 2013 have been published. Contrariwise as what has been expected, these Rules are only applicable to non-Maltese, non-EEA and non-Swiss nationals – therefore only to third country nationals.

The GRP Rules may be summarised as follows:

Purchase of Immovable Property

  • Malta – Of at least €275,000
  • Gozo and South of Malta – Of at least €220,000

Rental of Property

  • Malta – Of at least €9,600
  • Gozo and South of Malta – Of at least €8,750

Minimum Tax Payable

  • Malta – €15,000
  • Gozo and South of Malta – €15,000

Non-Refundable Application Fee

  • Malta – €6,000
  • Gozo and South of Malta – €5,500 when the qualifying property is in the South of Malta.

In terms of these Rules, the localities in the south of Malta are the following, Birżebbuġia, Cospicua, Fgura, Għaxaq, Gudja, Kalkara, Kirkop, Luqa, Marsascala, Marsaxlokk, Mqabba, Paola, Qrendi, Safi, Santa Luċija, Senglea, Siġġiewi, Tarxien, Vittoriosa, Xgħajra, Żabbar, Żejtun and Żurrieq.

The rules establish that on income arising outside of Malta but brought into Malta, the minimum tax payable is €15,000, with further income arising outside of Malta but brought into Malta to be taxed at a flat rate of 15%. The minimum tax payable, must be paid fully and yearly in advance and any other income will be taxed at the rate of 35%.

In order to avail from the Rules the beneficiary must:

  1. Not be a Maltese/ EEA/ Swiss national;
  2. Not benefit from any other special tax status;
  3. Hold a qualifying property;
  4. Be in receipt of stable and regular resources which are sufficient to maintain himself and his dependants without recourse to the social assistance system in Malta;
  5. Be in possession of a valid travel document;
  6. Be in possession of sickness insurance in respect of all risks across the whole of the European Union normally covered for Maltese nationals, for himself and his dependents;
  7. Be fluent in either Maltese or English; and
  8. Be a fit and proper person; and

A special tax status

In terms of the GRP Rules the special tax status may now be inherited. Moreover, the rules state that the beneficiary must continuously satisfy the obligations in terms of the Rules. Applications for the GRP Rules may be applied for only through an Authorised Registered Mandatory.