A new temporary residency scheme has been launched for people who want to move to Malta but work remotely. The programme offers a six-month visa and an option of obtaining a one-year ‘Nomad Residence Permit’ and costs €300. To qualify, applicants must prove they are contracted to work remotely by a company based overseas, show that they run their own business or offer freelance service to clientele based abroad.
We’re excited to announce that we officially became authorised agents for the Residence & Citizenship Programs with the license number AKM-MEJL-21 and may assist you with your application and with any immigration, tax and legal requirements.
The new citizenship by investment program of Malta, the Naturalisation for Exceptional Services by Direct Investment replaces the original Malta Individual Investor Programme (IIP).
A person who opt to have such rental income to tax at 15% on the gross rent is entitled to a tax rebate.
The Malta Permanent Residence Program is set to replace the MRVP by March 2021, with no bond investment requirement and same rental rates.
Malta’s stamp duty and tax on property has been reduced to help the real estate sector amid the COVID-19 pandemic – Great news for property buyers and sellers!
After Brexit, UK companies consider to co-locate to Malta and not just for the favourable tax regime. For those companies that are looking to relocate their back office operations, the advantages gained can be much more than just less disruption to their operations.
We gathered the most important highlights of the key fiscal and economic points of the Malta budget speech.
People are rethinking their city life and choosing more valuable destinations to live in and this trend gets intensified by the increase of remote work caused by the pandemic.