United Nations Pensions Programme

The United Nations Pensions Programme contemplate the granting of “special tax status” to individuals who wish to relocate to Malta and benefit from a tax friendly jurisdiction coupled with a high-quality Mediterranean lifestyle.

PROGRAMME HIGHLIGHTS

Eligibility
The Malta Retirement Programme Rules contemplate the granting of “special tax status” to applicants who meet a number of conditions:

1. is in receipt of a pension as supported by documentary evidence, all of which is received in Malta and which constitutes at least 75% of the applicant’s chargeable income;
2. does not benefit from any other Malta tax residency programme;
3. is not a Maltese national;
4. owns or rents a qualifying owned property or qualifying rented property which the individual occupies as the principal place of residence worldwide;
5. 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;
6. is in possession of a valid travel document;
7. 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;
8. is not domiciled in Malta and he does not, within five years from the date of application, intend to establish his domicile in Malta.

Tax Treatment
An individual and his dependants who have been granted “special tax status” in accordance with the United Nations Pensions Programme shall be subject to a:

• full tax exemption on the UN pension income or Widow’s/Widower’s Benefit received in Malta;
• 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 minimum tax payable with respect to the income arising outside Malta which is received in Malta excluding UN pension income or Widow’s / Widower’s Benefit is €10,000 annually for the applicant and an additional €5,000 in the event that both spouses are in receipt of a UN pension.
Investment Options and Application Fees
The United Nations Pensions Programme allows you and your family to easily receive a residence permit in Malta by investing in real estate.
As an applicant for the United Nations Pensions Programme, you must be of good character, without a criminal record, in good health and enough funds to make the required investment.
All fees quoted are in Euro.
Government Fees

The fees applicable are stated in the table below. The government fee is payable (and non-refundable) upon submission of your application.

Real Estate Investment

Applicants under the United Nations Pensions Programme are required to either purchase a property as their residence or rent a property.