Qualifying Employment in Innovation and Creativity (Personal Tax) Rules 

Eligibility for the programme  

Other than meeting all the relevant criteria, an individual must be employed and carrying out one of the following roles:

Main Amendments by Legal Notice 282 of 2019

The duration of the qualifying period of applicability of these Rules, once an assessment has been made and an individual is confirmed as a beneficiary to these Rules, has also been revised. 

Legal Notice 282 of 2019 has now amended the qualifying period to a consecutive period of up to four (4) years, and by application, the benefit would be able to be extended to a qualifying period not exceeding five (5) consecutive years, subject to approval by Malta Enterprise.

Malta Enterprise has now also adopted a monitoring system once an individual becomes a beneficiary of these Rules. On an annual basis, the beneficiary will be requested to provide Malta Enterprise updated documentation, as may be required, to ensure that a beneficiary still maintains the minimum requirements adopted by the Rules.

Also, beneficiaries can now change their employment, and should such change be subject to continued adherence to the Rules, that is, the beneficiary enters into a new contract of employment which is also considered to be an eligible office,  the beneficiary shall continue to benefit from these Rules subject to the period between the termination of the initial eligible office contract of employment and the commencement of the other is not more than thirty (30) days.

Another noteworthy change relates to the right for a beneficiary to acquire immovable property situated in Malta. Prior to the issuance of the legal notice, a beneficiary had the option to either lease or purchase immovable property in Malta. Through the legal notice, rights acquired under these Rules shall be withdrawn if a beneficiary directly or indirectly acquires immovable property. Thus beneficiaries must opt to lease immovable property in Malta whilst under the auspices of these Rules, however, individuals may later opt to purchase immovable property once the qualifying period for their respective years of assessment is over.

Lastly, the legal notice advises that determinations of applications, by Malta Enterprise, under these Rules will be for a period until the 31st of December 2025.

How can we help?

With over 30 years of experience in the corporate and financial services industry in Malta, CSB Group is commited to provide top-notch services to Private Clients worldwide. CSB Group, has been providing Investment immigration services to High-Net-Worth families since the inception of these programmes.