Malta Retirement Programme & Special Status

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Retirees from EU, EEA countries and Switzerland willing to retire in Malta, are able to do so under a beneficial tax status when remitting their pension into Malta and filling some additional investment criteria.

Malta Retirement Programme & Special Status 

A Tax Residence Programme for all nationalities alike. 

Special tax status can be granted to retirees when remitting their pension into Malta and meeting some additional investment criteria. The Malta Retirement Programme has been included the Maltese Income Tax Act thanks to the Subsidiary Legislation 123.134 and dut to changes in 2020, it allows all nationalities to benefit from the programme. 

Thanks to its prime location, weather and scenery, Malta is not only the perfect spot as a business hub but also a well-desired place to retire and have a peaceful life whilst being close to Continental Europe.

Which are the main requirements to benefit from the Malta Retirement Programme?

In order to benefit from the Malta Retirement Programme, applicants will need to fulfil certain criteria, in terms of investment, remittance of funds and presence in the country:

  • Purchase of property with a minimum value of €275,000 (situated in the north and central areas of Malta), or €220,000 (situated in Gozo or in the south of Malta) or rental of a property for a minimum of €9,600 per annum (situated the north and central areas of in Malta), or €8,750 (situated in Gozo or in the south of Malta);
  • Is in receipt of a pension, as supported by documentary evidence, all of which is received in Malta and constitutes at least 75% of his chargeable income;
  • A minimum stay of 90 days over a 5 year period (on average)
  • The beneficiary must not reside in any other jurisdiction for more than 183 days

The Malta Retirement Programme is positioned as a flexible scheme for retirees of all nationalities alike, including third-country nationals, except Maltese, looking for a suitable place to retire whilst having tax benefits.

The Malta Retirement Programme: The Benefits

Retirees of all nationalities alike, including third-country nationals, except Maltese, taking up residence in Malta through the Malta Retirement Programme will benefit from a flat tax rate of 15% on the pension remitted and a minimum tax payable shall be of EUR7,500 for the beneficiary and EUR500 for each of his/her dependents (if any).

Also, the beneficiary may hold a non-executive post on the board of a company in Malta or have a part in activities related to any institution, trust or foundation of a public character which is engaged in philanthropic, educational, or research and development work in Malta or Gozo.

How can we help you?

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.

Our team will guide you through the process of applying for the Malta Retirement Programme rule status and we will be able to give you further tax advice and support.

Need our assistance with Malta Retirement Programme?

Key Contacts

Malcolm Ferrante

Senior Manager Business Development

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Vanda Marlok

Investment Migration Officer

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