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Retirement Programme Rules

Dated: [bxcode.pagedata.date]

Malta has been long confirmed as one of the best destinations in the world for retirement due to the warm weathers, the safety of the country as well as the rich history.  Yet now Malta can offer something else, the Malta Retirement Programme Rules.


The recently published Malta Retirement Programme Rules lay down the procedural rules and the fiscal benefits for those who decide to choose Malta as their retirement destination.

Qualifying Conditions

In order to qualify under these rules, the following conditions, amongst others, must be satisfied:

  1. Being an EU, EEA or Swiss national who is not in an employment; and
  2. Holding a qualifying property – meaning: a. Owning immovable property in Malta the value of which exceeds €275,000; or b. Owning immovable property in Gozo the value of which exceeds €250,000; or c. Renting immovable property for €9,600 per annum in Malta; or d. Renting property for €8,750 per annum in Gozo; and
  3. Remitting to Malta a pension which constitutes at least 75% of the individual’s chargeable income.

Fiscal Advantages

A beneficiary under the Malta Retirement Programme Rules will pay a tax rate of only 15% on income remitted to Malta, subject to a minimum annual tax payment of €7,500 and a minimum tax payment of €500 in respect of each dependent.  Through Malta’s extensive double taxation treaty network, the income which would have already suffered tax abroad, could qualify for double taxation relief.


Contributed by: Dr. Jeannine Giglio – LexPractis, E: jjgiglio@lexpractis.com W: www.lexpractis.com

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