If calling from the UK
kindly call on our
UK telephone line
0871 711 8989
Malta Free Phone: 80073737
Head Office:
133, Spinola Road,
St. Julians, Malta.
Tel: (+356) 21 38 39 70,
21 37 16 40.
Fax: (+356) 21 37 72 97.
Spinola Office:
133, Spinola Road,
St. Julians, Malta.
Tel: (+356) 21 37 16 40,
21 38 39 70.
Fax: (+356) 21 37 72 97.
St. Julians Office:
47, St. Julians Seafront,
St. Julians, Malta.
Tel: (+356) 21 38 41 90,
21 38 39 66.
Fax: (+356) 21 38 39 43.
Sliema Office:
31, Tigne Seafront,
Sliema, Malta.
Tel: (+356) 21 31 77 03,
21 31 77 04.
Fax: (+356) 21 31 77 05.
Valletta Office:
201, Merchants Street,
Valletta, Malta.
Tel: (+356) 21 22 85 50
21 22 85 51
Fax: (+356) 21 22 85 52
Qawra Office:
2, Triq il-Kurazza,
Qawra, Malta.
Tel: (+356) 21 57 44 23,
21 57 44 24.
Fax: (+356) 21 57 44 42
Gozo Office:
37, Republic Street,
Victoria, Gozo.
Tel: (+356) 21 56 66 90,
21 56 66 91.
Fax: (+356) 21 56 66 92
info@propertylinemalta.com
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Residency Conditions |
Any
E.U citizen may reside in Malta freely. However with regards
to working on the island one has to apply for a work permit.
Self-employed people can work freely but have to set up a business
on the island. Additionally, Malta also offers a permanent residency
scheme, with a beneficial income tax rate of 15 % for those
who qualify as described below:
Any non resident may submit an application for a permanent residency
permit. Subject to the following conditions:
· An annual income of Lm 10,000 / € 23, 294 or Capital
of Lm 150,000 / € 349, 406
· The annual remittence to Malta of Lm 6,000 / € 13, 976
in respect of the applicants and Lm 1,000 / € 2,323 for
each dependant.
· Either purchase property valued at not less than Lm 70,845
/ € 165,024 in the case of a house (Lm 42,519 / €
99,043 in the case of an apartment etc). Alternatively to lease
or rent property for not less than Lm 1,800 / € 4,193 per
annum.
· Prohibited from working due to the tax concession.
Income tax – A flat tax rate of 15% on all income (less tax
rebates as applicable) received in or remitted to Malta, from
either local or foreign sources, subject to a minimum payment
of Lm 1,800 / € 4,193 per annum.
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