Malta Residency Programmes & Tax

Malta has always been a country with high employment rates and favourable residency and tax incentives for locals and foreigners alike. We have compiled a short list of the most common programmes currently in use.

For more information about Employment Law and Permits in Malta, visit our Employment Law and Work Permits pages. Alternatively, you may want to learn more about Living and Working in Malta. For further information, email us at [email protected] or call us on (+356) 2123-2224 / 5

  • Key Employee Initiative (KEI)

    Recently, Identity Malta, has introduced a fast-track service to highly specialised third-country nationals employed in Malta. This initiative, the Key Employee Initiative (KEI), is intended to attract top expertise and skill in the financial services, remote gaming, aviation and TMC sectors. Even more so, this initiative enables operators in these sectors to attract and recruit the highest qualified, experienced professionals available globally. This scheme is applicable to managerial or highly-technical posts which require the relevant qualifications or adequate experience related to the job being offered. It is also extended to innovators involved in start-up projects which are specifically endorsed by the Malta Enterprise.

    This programme has been initiated in order to facilitate the issuance of work and residence permits on a fast-track basis, for prospective key employees, which permits will be furnished in a relative short time from the date of submission on the application.

    For eligibility of the Key Employee Initiative, applicants must meet the criteria hereunder:

    An annual gross salary of at least €30,000 per annum;
    In possession of certified copies of the relevant qualifications, warrants or the necessary work experience; and
    Following a declaration by the employer stating that the applicant has the necessary credentials to perform the duties being assigned.

  • Malta Highly Qualified Persons (HQP)

    Malta Highly Qualified Persons Tax Planning for High Income Earners

    Malta introduced specific tax rules intended to attract top expertise and skills in the financial services, remote gaming and aviation sectors, to thus attract and recruit the highest qualified, experienced and senior professionals available globally. Senior employees filling positions with companies licensed by the MFSA (Malta Financial Services Authority), the MGA (Malta and Gaming Authority) or the Authority for Transport in Malta (TM), may avail from tax benefits pertaining to the Highly Qualified Persons Rules. Malta’s success in securing an increasing number and quality of hedge funds, managers, insurers and similarly regulated entities depends largely on the ability of such entities to attract and recruit highly qualified, experienced and senior professionals available globally. Such senior employees may opt to pay tax at the Flat Rate of 15% on employment income derived in respect of work or duties carried out in Malta (or in respect of any period spent outside Malta in connection with such work or duties).

    Senior Positions specified in the Malta Highly Qualified Persons Rules:

    Chief Executive Officer, Chief Risk Officer, Chief Financial Officer, Chief Operations Officer, Chief Technology Officer, Chief Commercial Officer, Portfolio Manager, Chief Investment Officer, Senior Trader/Trader, Senior Analyst, Actuarial Professional, Chief Underwriting Officer, Chief Insurance Technical Officer, Odds Compiler Specialist, Head of Research and Development, Head of Marketing, Head of Investor Relations, Aviation Accountable Managers, Aviation Continuing, Airworthiness Inspectors, Aviation Flight Operations, Aviation Ground Operations Managers, Aviation Training Managers.

    Paying Tax on Malta Source Employment Income

    A senior employee would be entitled to opt to pay tax on Malta sourced employment income at the flat rate of 15% if the senior employee: is employed to fill a senior position and is in possession of professional qualifications or acceptable professional experience; is entitled to remuneration of at least €82,881 in terms of a contract of employment for the basis year 2017, as adjusted by the retail price index; is in receipt of stable and regular resources which are sufficient to maintain him/herself and his/her family members without recourse to domestic social assistance; resides in accommodation regarded as normal for a comparable family in Malta; is not domiciled in Malta; is in possession of a valid travel document; is in possession of adequate health insurance; does not benefit under alternative incentives available domestically in favour of investment services and insurance expatriate employees; is protected as an employee under applicable Maltese laws.

  • Malta Residence & Visa Permit (MRVP)

    The MRV Programme is designed solely for third country nationals. Through the MRV Programme the applicant and his dependants may reside, settle or stay indefinitely in Malta. Beneficiaries may also travel within the Schengen area without the need of a visa.

    An application with respect to the Malta Visa and Residence Programme must be submitted to Identity Malta by an Accredited Person. CSB Group is an Accredited Agent with Identity Malta and may thus assist, handle and submit MRV Programme applications on behalf of the applicant.

    For more information, kindly visit the CSB Group website.

  • Global Residence Programme

    This Programme grants applicants a special tax status, and is applicable to non-EU, non-EEA and non-Swiss nationals. The GRP enacted in 2013 has replaced the Residents Scheme Regulations, (PRP) and the High Net Worth Individuals Rules.

    Through the GRP, non- EU/EEA/Swiss nationals taking up residency in Malta may benefit from a special and favourable tax status and treatment as follows:

    • Income arising outside of Malta which is received in Malta would be chargeable to tax in Malta at the flat rate of 15%;
    • Income arising in Malta and capital gains realised in Malta would be taxable in Malta at the higher rate of 35%;
    • No Malta tax would be chargeable on income arising outside Malta which is not received in Malta; and
    • No Malta tax would be chargeable on capital gains realised outside Malta even if these are received in Malta.

    For more information, visit the CSB Group website.

  • Malta Individual Investor Programme

    Prior to 2013, under Maltese Law, there were three ways by which Malta citizenship and Maltese Passports can be acquired, namely:

    • By Birth – People born in or outside Malta need to satisfy certain criteria for them to be eligible for Maltese citizenship, depending mainly on their date of birth;
    • By Registration – A person has the right to acquire citizenship upon application under the provisions of the Maltese Constitution; and
    • By Naturalisation – A person may acquire Maltese citizenship by naturalisation through the Maltese Citizenship Act which complements the provisions made under the Maltese Constitution.

    In 2013, amendments were introduced to the Maltese Citizenship Act by the Government of Malta, thereby establishing the ‘Individual Investor Programme of the Republic of Malta’ (IIP) as another way of acquiring Maltese citizenship. This Malta Investor Programme grants Maltese citizenship by naturalisation to foreign individuals and their families, by contributing to the economic development of Malta.

    The Malta Citizenship by Investment Programme is the first EU approved citizenship Programme to be launched. Citizenship granted through this programme is valid for life and it is passed on to future generations by descent.

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Norman E. Grech, Client
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Carolina, Client
"I am writing this thanks letter as an appreciation for the new job in Malta you led me to. I am very happy and was welcomed by all, even after only the first week. I will recommend you to every job-seeker I know. Again, thanks a lot."
Lilian, Candidate
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Alexia, Candidate
"I would like to tell you a big thank you to you and all your team, I was offered the job and on Monday I am going to sign the contract. I am really happy - I will for sure promote your company as the best recruitment agency with all my friends, as the way you follow the process up to interview stage and especially after are simply superb. Thanks again from the bottom of my heart."
Clayton, Candidate
"I am very satisfied with the services provided to me by VacancyCentre, namely Francesca Buhagiar. She was very kind and efficient in setting up interviews between me and the company and at getting in touch with feedback. My experience was very satisfactory hence me referring a friend who is currently looking for a new job opportunity thanks to Francesca. Thanks to your services, I will be starting a new job and I look forward to it."
Jeanelle, Candidate
"Thank you very much for being of such help in recruiting a salesperson. I appreciate that it was not easy to find someone however it seems as though Cheryl has finally found a suitable candidate for us. It was always great communicating with her and I always got quick and efficient replies, Cheryl understood our requirements. I thank you once again for all your help."
Karen, Client
"Already three months now on my new job and I'm doing fine. All thanks to the help Cheryl Vassallo gave whilst looking for a new job and during my interviews. Although it was really difficult for me to find time to talk at times due to my working hours she still managed to keep me informed with everything. I would like to thank her loads for her patience and for always managing to give me all the information I asked for. Keep up your good work.”
Rachel , Candidate
“Cheryl Vassallo has been very attentive to my profile details and well supported me to apply for the position that now I am working in. She has been professional and very kind. She oriented me through different opportunities. Thank you!”
Desirèe, Candidate
“I sent my CV and on the same day, I was contacted by a recruitment consultant – Mafalda Duarte to attend an interview. On the next day, I had the interview. The communication between us was great. I found Mafalda very professional, intelligent, engaging and friendly. She is a very determined consultant and she tried to understand my expectations for a job. Her honesty and integrity, to build my career, she proved to be incredibly helpful and always had an efficient strategy line up to make our work go smoothly. She made sure to provide me with a job offer in concordance with my background and experience, which I find very important. I would definitely recommend Vacancy Centre to other candidates.”
Maria, Candidate
“My experience with VacancyCentre has been exceptional and I genuinely believe that I made the best decision when choosing VacancyCentre as a recruitment agency. Mafalda was my recruiter and I could not have asked for a better recruiter! She was very close to me throughout the whole process and she was very supportive. Mafalda maintained a very good relationship with me not just until I found a job, but she kept on helping and supporting me even after! I have finally found my dream job after quite a long time. Mafalda also managed to find me the best possible job for my expectations within the same week we met! I highly recommend VacancyCentre.”
Yunasha, Candidate
“Right from the beginning Vacancy Centre understood my aspirations and found me the right place to continue my career development. Mafalda handles the process in a very professional way and after 3 phone calls and 2 interviews, the position was offered to me. After this experience I won't be losing time searching for a job, I have Vacancy Centre.”
Daniel, Candidate
“I am very pleased to write a testimonial for VacancyCentre! I would like to thank specially to Mafalda Duarte for being extremely friendly, helpful, and encouraging through all the process. From the moment I sent my CV, she was very proactive in guiding me through the whole application and interview stages, playing a key role in ensuring the communication between me and the company. Once again, many thanks Mafalda for all support you have provided. I would definitely recommend VacancyCentre.“
Catarina, Candidate
“In my two years in Malta having contact with numerous recruiters I am glad to say, that with Cheryl it was the best. Fastest reply to my application (24h) and most professional approach I have ever seen. She does a great job, by being professional and conducting a to the point interview with detailed and sufficient information about the positions. Providing feedback on every stage of the recruiting process. Whatever she said she’s executed. After recruiting she calls for feedback to see if everything is ok. Available for any advice with a professional and positive approach. It was a great pleasure and experience. Her professionalism and dedication to what she does are to be admired. I wish all the recruiters could be that way. I must say that to people I hear looking for a job I recommend VacancyCentre and give her as an example.”
Anna, Candidate
“It was a pleasure to work with Francesca at VacancyCentre. Very professional service from the initial contact and all the way to when I was appointed by the recruiting company.
Very pleasant experience and I can highly recommend Francesca as a recruitment consultant to work with. I especially appreciated the unexpected service when she got back to me with follows ups before, during and after the interview process. Top notch!“
Sami, Candidate
“I was in Italy searching for new job opportunities in my life as a lawyer. Francesca called me a few hours after my online and remote request. She is a really professional recruiter. I would like to thank her for her help with my application process. Francesca was very patient before and after the process. Infact I was granted an interview and received a job offer!”
Stefano, Candidate
“Mafalda and her colleague Francesco provided me exceptional service in finding employment relevant to my trade, experience and skill capability. I was given an abundance of advice for each interview I was to attend and they followed up after each interview for my views and opinions on how they went. My experience with VacancyCentre was very short, which in most cases would mean something bad happened, but not for me. The time between my first contact with VacancyCentre and receiving an offer from my current employer was only 6 working days. I could not be more satisfied with the service they have provided me with and I have already referred a friend of mine to them.”
Andre, Candidate
"Dear Mafalda. I want to thank you for your great assistance, support and, if I may add, persistence, in this recruitment exercise. Look forward to possibly working together again in the future."
Teresa, Client
"I would like to thank and recommend VacancyCentre and especially Francesca for her help. I was looking for a job and Francesca promptly gave me an appointment. Having met and discussed my wish list, she recommended an interview which resulted in a job offer, which I accepted. Francesca was always there, negotiating time for meeting and providing feedback. Francesca did a great job, was very friendly, cordial and professional and I recommend her and the company."
Elizabeth, Candidate
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