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- The GRP is open to non-EU, non-EEA, and non-Swiss nationals, allowing them to include their family and certain dependents in the application. Applicants must meet financial self-sufficiency requirements and secure a property in Malta within 12 months of residence.
nomadvisamalta.com/a-guide-to-the-malta-global-residence-programme-grp-what-you-need-to-know/A Guide to the Malta Global Residence Programme (GRP): What ...
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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.
Sep 29, 2022 · While the EC believes that this was a positive step, Malta continues to operate the scheme for all other nationalities and has not expressed any intention to end it.
- Main Benefits of The Malta Global Residence Programme
- Eligibility to Apply Under The Malta Residence Programme
- Annual Compliance Obligations
- Tax Treatment
- Authorised Registered Mandatory
Once an applicant is approved under the Malta Global Residence Programme rules, the applicant will receive a certificate of confirmation from the Maltese Inland Revenue Department. This certificate will entitle the applicant and his dependants to apply for a residence permit in Malta, which will entitle the family to not only reside in Malta, but t...
An individual shall be eligible to apply for a residence permit in Malta under the Global Residence Programme, if he or she satisfies all of the following requirements: 1. Is a third country national; 2. He is not a person who benefits under the ResidentsScheme Regulations, the High Net Worth Individuals -EU / EEA / Swiss Nationals Rules, the High ...
Any individual that has been granted special tax status under the Malta Global Residence Programme must comply with the following obligations on a yearly basis: 1. The immovable property holding must be retained; 2. The applicant must retain the health insurance policy; 3. The applicant must not reside in any other jurisdiction for more than 183 da...
Any foreign sourced income which has been remitted to Malta shall be taxable at a fixed rate of 15%, with the possibility of claiming double tax relief on such income;Applicant must pay a minimum tax of €15,000 every year;A beneficiary and his spouse cannot opt for a separate tax computation;foreign sourced income which is not remitted to Malta is not taxed in Malta;Any application for special tax status under the Global Residence Programme must be made through the services of a person that is licensed as an “Authorised Registered Mandatory” with the Malta Inland Revenue Department.
Jun 9, 2023 · Malta offers three main residence options for EU, EEA and Swiss nationals wishing to relocate to the island. These are the EU Residence permit, also referred to as Ordinary Residence (OR), the Residence Program (TRP) and the Highly Qualified Persons Rules (HQP).
Malta has a constitutive system for the issuance of eResidence document and EU and EEA Nationals who will be taking up residence in Malta for longer than three (3) months may apply online through the Expatriates Portal.
Jun 9, 2021 · The Withdrawal Agreement guarantees United Kingdom nationals and their family members already living in Malta before 31 December 2020 broadly the same rights they had before the UK withdrew from the EU: they can continue to live, study and work in Malta. Type of residence scheme: constitutive.
