Contact Advisory Services Ltd. provides information on Malta's Retirement Programme. The programme allows EU/EEA/Swiss nationals who receive a pension as their primary source of income and meet other criteria to obtain special tax status in Malta. Applicants must own or lease a qualifying property in Malta, commit to spending at least 90 days per year in Malta over 5 years, and pay a €2,500 application fee. If approved, pension income will be taxed at 15% in Malta while other income is taxed at 35%, and a minimum €7,500 annual tax is due plus €500 per dependent.

1. Contact Advisory Services Ltd.
170, Pater House, Psaila Street, Birkirkara, BKR 9077 Malta
Tel: +356 2757 7000
Email: info@contact.com.mt
www.contact.com.mt

2. Malta Retirement Programme
Applicant
Nationals of the EU, EEA or Switzerland who are not in employment and are in receipt of a pension as their regular
source of income, however may hold a non-executive post on the board of a company resident in Malta and may be
involved in institutions, trusts, foundations or other organisations of a public nature which are engaged in
philanthropic, educational or research and development work in Malta.
Requirements
• No minimum presence required to apply
• Must reside in Malta for 90 days a year averaged over a 5-year period once special status is granted
• Must not reside in any other jurisdiction for more than 183 days in any calendar year
• Receives a pension (period payments in respect of past employment or remunerations paid as lifetime or
temporary annuities or regular income from occupational retirement scheme, personal overseas retirement
plan or insurance policies)
• Pension must be received in Malta
• Pension must constitute at least 75% of individual’s Malta chargeable income
• Has clean criminal conduct record – must pass due diligence test and is fit and proper person
• In possession of valid travel document
• In possession of sickness insurance covering himself and his dependants of all risk across the EU
• Must not be domiciled in Malta and does not intend to establish domicile in Malta within 5 years from date
of application
• Must apply for a Malta Residence Card
• Commits to provide proof of title to a qualifying property which should be occupied as his principle place of
residence worldwide
Qualifying Property
• Ownership of property purchased at price of not less than €250,000 for property situated in Gozo
• Ownership of property purchased at price of not less than €275,000 for property situated in Malta
• Property leased for not less than 12 months on a rent of not less than €8,750 per annum for a property
situated in Gozo
• Property leased for not less than 12 months on a rent of not less than €9,600 per annum for a property
situated in Malta
Fee
Non-refundable administrative fee of €2,500 on application.
Tax
Once granted the special tax status in terms of this Programme, the individual will be taxed at 15% on any income
received in Malta from foreign sources by the individual and his/her dependants. Any other income brought to tax
in Malta is charged at the rate of 35%.
A minimum tax of €7,500 needs to be paid per annum and a further €500 for every dependant and special carer.

3. Double taxation relief can be claimed.