The ‘Global Residence Programme’ (GRP) in Malta


The Government of Malta has recently launched a new advantageous taxation scheme for Non-EU/EEA nationals called the ‘Global Residence Programme’ (GRP). This now replaces the previous ‘High Net Worth Individuals Scheme’ (HNWI) as from June 2013. There is also a version of this that has just been launched called ‘The Residence Programme (TRP)’ which is for EU, EEA and Swiss nationals with the same eligibility criteria.


Here is a brief overview of the qualifying criteria for the new scheme:

  • The value of any property bought in Malta has to be at least €275,000 unless the property is in the South of Malta or in Gozo, where the minimum value can be €220,000.
  • Applicants must be fluent in English whilst having a stable and regular income.
  • Applicants will also be eligible if they rent a property with an annual minimum liability of €9,600 in Malta and €8,750 in Gozo or in the South of Malta.
  • Minimum tax threshold (to be paid in advance) reduced to €15,000 per annum on income remitted to Malta, with any further income charged at 15%. Other incomes including those locally sourced are subject to a standard tax rate of 35%.
  • Applicants and their dependents, have to be covered by private health insurance. They will not be entitled to free state health services.
  • Also, note that there is a standard application fee of €6,000 for Malta and €5,500 for Gozo.


Useful quick links:

Click here to search properties for sale in Malta starting from €275,000

Click here to search properties for sale in the South of Malta and Gozo starting from €220,000

Click here to search properties to let in Malta starting from €9600 yearly

Click here to search properties to let in the South of Malta and Gozo starting from €8,750 yearly

Special Designated Areas (SDA’s)

Perry Estate Agents in Malta - buy, sell or rent property in Portomaso

Portomaso, St. Julians

Special Designated Areas in Malta | Perry Estate Agents

Tigne Point, Sliema

Fort Cambridge, Sliema

Special Designated Area | Perry Real Estate Malta

Pendergardens, St. Julians

Madliena Village, Madliena

Smart City, Kalkara

St. Angelo Mansions, Vittoriosa

Ta’ Monita Residence, Marsascala

Tas-Sellum Residence, Mellieha