Investing in Malta
The Mediterranean island of Malta offers a range of tax incentives aimed at attracting foreign companies and residents.
Malta has a robust economy with stable financial and legal infrastructure. Its pro-business government has contributed to its resilience in the face of global shocks. The country has a relatively well-diversified economy and is open to trade, with a logistically well-placed port, efficient distribution facilities and solid experience of dealing with international markets. A number of large real estate opportunities are currently available to international investors.
Malta Enterprise, the agency responsible for attracting new foreign direct investment (FDI) to the country, provides a number of tax incentives to companies looking to establish themselves in Malta. These incentives include an EU-approved taxation system, which allows for tax refunds in certain circumstances, and tax credits related to investment and employment. A special income tax rate of 15% applies under the ‘highly qualified persons rules’ to overseas skilled professionals who relocate and work for companies licensed by the Malta Financial Services Authority, Malta Gaming Authority and the Authority for Transport in Malta (for aviation services), and who earn a minimum of €82,353.
Immigration programmes such as the Global Residence Programme and the Malta Residency and Visa Programme give eligible foreign individuals both a special tax status in Malta as well as the right to reside in Malta. High net worth individuals may be eligible for citizenship under the Malta Individual Investor Programme.
For more information, contact:
Nexia BT, Malta
T: +356 2163 7778