The fifth and last type that we are going to analyze are natural persons who belong to the category of permanent residents who intend to transfer tax residence to Malta. They must obtain prior certification from the tax authorities on the basis of the “Permanent Residence...
The fourth typology that we are going to analyze are natural persons who belong to the category of temporary residents. Temporary residents are all those who reside in Malta for less than six months in the calendar year. These individuals are subject to tax only...
The third type we are going to analyze are natural persons who are neither resident nor domiciled in Malta. In fact, these subjects undergo taxation on income produced exclusively in the territory, as well as on income produced abroad but physically brought to Malta. How does...
The second typology that we are going to analyze are natural persons who, in addition to maintaining a foreign residence (with respect to Malta) reside or are resident in Malta. These subjects are subject to taxation on income produced in Malta, on income earned abroad but...
The first type we are going to analyze are natural persons with domicile and ordinary residence in Malta. These subjects are required to pay tax in Malta on income produced anywhere in the world, according to the principle of world wide taxation, similar to what...
How does personal income taxation work in Malta? The income of natural persons, in Malta, provides for the calendar year as the tax period and is taxed according to the following types of income: business income self-employment employee investment income income from capital gains The taxation of natural persons in Malta: similar...
The history and objectives of the Maltese tax system. Until the 80s of the last century, Malta was synonymous with an offshore location with low taxation. Now, and after the legislative changes introduced with the Income Tax Act and the Income Tax Management Act of...
The Maltese tax system is the BEST IN EUROPE. Income from participations and royalties is tax free, as are capital gains on collective investment units and securities not derived from Maltese real estate. It is therefore possible to state how natural persons in Malta are...
Garages. On the island of Malta there are different types of properties. Each real estate property has specific details and some in particular are fascinating and characteristic for the history and culture of Malta. Let’s analyze together, in this and in the next articles, the 12 types of...
Farmhouses. On the island of Malta there are different types of properties. Each real estate property has specific details and some in particular are fascinating and characteristic for the history and culture of Malta. Let’s analyze together, in this and in the next articles, the 12 types of...
