Tax In Malta
The tax system in Malta is favourable to say the least. There is no tax on donation, no wealth tax, inheritance tax or estate and gift tax.
The tax system in Malta is favourable to say the least. There is no tax on donation, no wealth tax, inheritance tax or estate and gift tax.
Citizens of all EU member states do not require any permit to buy their primary residence in Malta. However they do require a permit if they wish to buy immovable property in Malta as a secondary residence, unless they have not resided in Malta for at least five years before the date of purchase.
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.