Residence Scheme for EU Expats launched

By virtue of Legal Notice L.N. 270 of 2014 ‘The Residence Programme Rules 2014’ have been enacted. These are effective retrospectively from the 1st of July 2013.

This Programme is very similar to the existing Global Residence Programme which is available only to Non-EU persons.

The Residence Programme introduces a similar programme tailored for Expats who are EU, EEA or Swiss nationals. Such applicants cannot be Maltese nationals/citizens and must not be currently benefiting from any other special tax status in Malta. In order to be eligible for the programme the applicant must hold a qualifying property, is in receipt of stable and regular resources which are sufficient to maintain himself and his dependants without recourse to the social assistance system in Malta, is in possession of a valid travel document, is in possession of sickness insurance in respect of all risks across the whole of the European Union normally covered for Maltese nationals for himself and his dependants, can adequately communicate in one of the official languages of Malta and be considered as a fit and proper person.

A full review of this programme can be found here