Residency Options

European Union Nationals

The Residents Scheme Regulations were enforced in 2004 and outlined the certain criteria individuals must comply with in order to be eligible to take up residence in Malta.

A certificate must be obtained from the Inland Revenue Department to allow residency. This certificate is valid indefinitely as long as the individual fulfils certain conditions annually. It typically takes three months from the date of application to issue the certificate. The minimum sum of tax is to be paid within thirty days of the application’s approval. It is to be credited against the taxation payable for the first year of residence.

Individuals must fall into at least one of the three categories below in order to be eligible to obtain residency in Malta.

  • Employed: To obtain ordinary residence an individual must work in Malta either as an employee or self-employed.
  • Economically self-sufficient: Individuals applying for ordinary residence must prove to be financially stable. They must have a minimum capital of €14,000 or a weekly earning of €92.32 is required for single individuals and a minimum capital for married couples is €23,300 or €108.63 per week.
  • Own worldwide capital: Must own worldwide capital amounting to a minimum of €349,000. It is also required that the individual remit at least €13,950 to Malta per year, in addition to €2,300 for each spouse or dependant. A holder of a Residents Scheme document is obliged to buy or lease a property in Malta. The minimum worth of apartments is €69,000 and of houses €116,000. In the case of leasing, the minimum monthly rent must be €4,150.

Third Country Nationals

Individuals must fall into at least one of the two categories below in order to be eligible to obtain residency in Malta.

Employed: An employment license is necessary for non-EU citizens to work in Malta. Individuals who are qualified in information technology or financial services are favoured over other occupations and consequently may receive a permit more easily.

Self-Employed: To be certified as self-employed or a business owner, a third country national must meet specific criteria.

  1. An individual must have invested a minimum of €500,000. Expenditure on the investment should be solely capital, and should include fixed assets (property, machinery) used for the occupation and should be representative of the business plan proposed upon application. Extra expenses including legal fees and wages must not be paid via the initial invested sum of €100,000.
  2. An individual must qualify as a gifted innovator and propose an attractive business plan. This plan must include employing a minimum of three EU citizens within eighteen months of the business being founded.
  3. An individual must hold a high ranking position in a company that forms part of a project that is advocated by Malta Enterprise and which the Employment and Training Corporation (ETC) has knowledge of; or
  4. An individual must hold the title of exclusive representative of a foreign company that aims to set up a new branch in Malta.