The Malta Retirement Programme is a programme designed to attract fit and proper nationals of the EU, EEA and Switzerland, except Maltese, who are not in an employment relationship and are in receipt of a pension as their regular source of income. Individuals benefiting from this programme may hold a non-executive post on the board of a company resident in Malta. This implies that the beneficiary would be prohibited from being employed by the company in any capacity.
Such individuals may also partake in activities related to any institution, trust or foundation of a public character and any other similar organisation or body of persons, which are also of a public character, that is engaged in philanthropic, educational or research and development work in Malta.
PROGRAMME HIGHLIGHTS
An applicant may benefit under the United Nations Pensions Programme if the individual:
- is receipt of a UN pension or a Widow’s/Widower’s Benefit of which at least 40% is received in Malta;
- does not benefit from any other Malta tax residency programme;
- is not a Maltese national;
- owns or rents a qualifying owned property or qualifying rented property which the individual occupies as the principal place of residence worldwide;
- is in receipt of stable and regular resources which are sufficient to maintain the individual and his dependants without recourse to the social assistance system in Malta;
- is in possession of a valid travel document;
- is in possession of sickness insurance which covers the applicant and his dependants in respect of all risks across the whole of the EU normally covered for Maltese nationals;
- is a fit and proper person.
An individual and his dependants who have been granted “special tax status” in accordance with the Malta Retirement Programme shall be subject to a:
- 15% flat tax rate on any income arising outside Malta that is received in Malta;
- 35% tax on any other income received by the individual.
The Malta Retirement Programme allows you and your family to easily receive a residence permit in Malta by investing in real estate.
As an applicant for the Malta Retirement Programme, 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.
| Contribution Amount | NIL |
| Government Fees | €2500 for the main applicant and dependants |
Applicants under the Malta Retirement 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 €250,000 in the South; or Purchase a property for a minimum value of €250,000 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 |