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07 / 01 / 14 Malta among the best countries for retirement
Forbes has listed Malta among the top 15 countries to retire at this year, particularly for Americans. The survey comes hot on the heels of another survey, the 2013 edition of the World Risk Report, which placed Malta as the second safest country. Forbes said it had teamed up with InternationalLiving.com’s newly-released Annual Global Retirement Index... Read More
05 / 11 / 13 2014 Budget Highlights
Download PDF: 2014 Budget Highlights Read More
01 / 06 / 13 Global Residence Programme for foreigners launched
Parliamentary Secretary Edward Zammit Lewis this morning launched the Global Residence Programme (GPR) which is the new residence programme for foreigners that will allow people who buy high value property and pay taxes in Malta to benefit from a residence permit.   This new residence programme is replacing the foreign residents' scheme which was... Read More
26 / 01 / 13 E-Residence Document
As from 10th January 2013, the Department for Citizenship and Expatriate Affairs introduced the new procedures for the E-Residence Document which will replace the previous ID Cards, EU Registration Certificates as well as the Non-EU Residence Permits issued in a sticker format.   Residence documents in the sticker format will remain valid until their... Read More
29 / 11 / 12 2013 Budget Highlights
Please find a link to the 2013 Budget Highlights announced on Wednesday 28th November 2012 by the Hon Tonio Fenech, Minister of Finance. Read More
07 / 11 / 12 ID Cards Renewal 'Intentionally Delayed' until after the election
People should not expect new ID cards before the next general election since the rolling-out process has been “intentionally delayed” to avoid linking the two events. The project, which will cost almost €8 million of EU funds, is contractually bound to be concluded by the end of 2014. Besides wanting to “decouple” the process from the... Read More
06 / 10 / 12 Highly Qualified Persons Scheme
Recent amendment to the  Highly Qualified Persons  (Amendment) Rules on 28th September 2012, which shall be deemed to have come into effect as from 1st January 2012, include persons who occupy an eligible office with companies registered in terms of Civil Aviation (Air Operators’ Certificates) Act, holding an air operators’ certificate... Read More
06 / 10 / 12 Malta Retirement Programme Rules
On 28th September 2012, by means of a legal notice (LN317 of 2012) the Government has introduced the  Malta Retirement Programme Rules  in terms of the Income Tax Act. Malta Retirement Programme is aimed at EU, EEA or Swiss nationals whose main income is from pensions, retirement schemes and plans and lifetime or temporary annuities.   The rate... Read More
28 / 08 / 12 Malta - The best place to retire
As reported today by the Times of Malta, sunshine and the people’s fluency in English have propelled Malta to the number one spot in the list of top 10 places where British people should retire, according to the Yahoo! Finance website.   The site features a poster, entitled The Top Places To Go For Your Retirement, with Malta at the top of the list... Read More
24 / 05 / 12 European Parliament approves Financial Transaction Tax (FTT)
The European Parliament adopted by strong majority proposals on a French-inspired financial transaction tax (FTT) which has been bitterly opposed by Britain. Malta is also against the introduction of the tax and Maltese MEPs voted against.   The resolution in favour of the FTT, approved with 487 votes in favour, 152 against and 46 abstentions, calls for the... Read More
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