The Global Residence Programme (GRP) is a programme designed to attract individuals who are not nationals of the EU, EEA or Switzerland and who are not long-term residents. Individuals benefitting from this programme are not precluded from working in Malta, provided they satisfy the requisite conditions for obtaining a work permit.
An applicant who has been granted special tax status in accordance with the GRP will be subject to a flat tax rate of 15% on any income that is received in Malta from foreign sources. The minimum tax payable is €15,000 yearly.
PROGRAMME HIGHLIGHTS
- Fast application process
- Legal status to live, work and study in Malta
- Access to the Schengen Area
- Additional benefits in the UK as a citizen of the Commonwealth
- Maltese residency can be acquired and extended to all dependent family members
- Low tax rate
The Global Residence Programme (GRP) allows you and your family to easily receive a residence permit in Malta by investing in real estate.
As an applicant for the GRP, you must be at least 18 years of age, of good character, without a criminal record, in good health and enough funds to make the required investment.
All fees quoted are in Euro.
The fees applicable are stated in the table below. The government fee is payable (and non-refundable) upon submission of your application.
| Real Estate – Purchase | Purchase a property for a minimum value of €275,000 in the North; or Purchase a property for a minimum value of €220,000 in the South; or Purchase a property for a minimum value of €220,000 in Gozo |
| Real Estate – Rent | Rent a property for a minimum value of €9,600 yearly in the North; or Rent a property for a minimum value of €8,750 yearly in the South; or Rent a property for a minimum value of €8,750 yearly in Gozo |
Applicants under the Global Residence Programme are required to either purchase a property as their residence or rent a property.
| Real Estate – Purchase | Purchase a property for a minimum value of €275,000 in the North; or Purchase a property for a minimum value of €220,000 in the South; or Purchase a property for a minimum value of €220,000 in Gozo |
| Real Estate – Rent | Rent a property for a minimum value of €9,600 yearly in the North; or Rent a property for a minimum value of €8,750 yearly in the South; or Rent a property for a minimum value of €8,750 yearly in Gozo |