Individual Tax Schemes in Malta

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Dr Justine Scerri Herrera

Life in Malta is easy, especially if you have your taxation in order. Malta is a welcoming jurisdiction to expats that seek to relocate for lifestyle or work and provides a welcoming environment that hosts a huge expat community on the Maltese islands. Amongst the many advantages Malta possesses, it also offers excellent tax regimes to individuals relocating here.

Digital Nomads

Individual Tax Schemes in Malta

Located only a few hours flight from major business centers in Europe, Malta is an attractive jurisdiction for digital nomads that are looking for a warm place to set up their activities. In this respect, Malta provides digital nomad residency scheme for third country nationals who work remotely, using telecoms. Persons who qualify for this scheme are not required to pay local income tax on the income from their remote work as long as such income is not remitted to Malta. Likewise, under this scheme, applicants are not required to file local income tax filings. The digital nomad’s scheme is extendable up to 3 years.

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Highly Qualified Person Scheme

Individual Tax Schemes in Malta

As an international hub for finance and emerging tech such as blockchain, Malta also offers benefits to highly qualified persons who decide to relocate to Malta for work. This scheme covers top-level personnel such as CEOs, CFOs, CTOs, directors, and management level employees of companies by licensed with the Malta Financial Services authority (MFSA) in industries such as, blockchain, fintech, gaming, crypto, or aviation. Applicants for this scheme must, amongst other things, receive a salary of at least EUR 75,000 adjusted annually in line with the Retail Price Index (the minimum income based on the Retail Price Index published by the Malta National Statistics Office must exceed €84,991).

Such highly qualified individuals in fast growing markets such as Malta may apply advantageous regime of the highly qualified persons scheme which includes a flat tax rate of 15% up to a maximum income of EUR 5 million. Any excess above the EUR 5 million threshold would be exempt from tax.

Global Residency Programme

Individual Tax Schemes in Malta

Maltese Government has successfully introduced a new residence programme some years ago. This programme offers special tax status to third country nationals (except for EEA and Swiss nationals) in Malta. To apply for this programme, one needs to satisfy certain criteria such as buying or renting property in Malta of a certain minimum value, paying a minimum annual tax liability on foreign income received in Malta, need to prove that they are in receipt of stable and regular income sufficient to maintain themselves, need to be in possession of health insurance, and similar requirements. Applicants under this programme are subject to an advantageous flat tax rate of 15% applicable only on foreign income remitted to Malta, with a minimum tax of €15,000 per year. The minimum tax threshold covers both the main applicant and dependents included on the same application.


How Can We Help?

Are looking for your next business and home destination? Malta is the next best place to be! If you would like to find out more about how MK Fintech Partners can help you with your tax needs, drop us a line:

Key Contact

Dr Justine Scerri Herera


More about MK Fintech Partners Ltd.

Michael Kyprianou Fintech Partners Ltd. is a Maltese company providing services in the FinTech sector. It comprises a team of dedicated experts who provide services such as Legal Advisory, Crypto LicensingToken Issuers’ LicensingInvestment Services Licensing, and registrations of activities related to FintechCrypto, Blockchain & Data ProtectionInvestment Funds Services & BankingCompany Incorporations, and M&As.

MK Fintech Partners forms part of the Michael Kyprianou Group, a top tier international legal and advisory firm. It has established an enviable reputation as a broad-based legal practice over the years. Mainly by keeping at heart its principle to always exceed its clients’ expectations. MK has grown to become one of the largest law firms in Cyprus with offices in Nicosia, Limassol and Paphos. The MK Group’s international presence also includes fully-fledged offices in Greece (Athens and Thessaloniki), Malta (Birkirkara), Ukraine (Kiev), the United Arab Emirates (Dubai), United Kingdom (London), Israel (Tel Aviv), and Germany (Frankfurt).

The content of this article is valid as at the date of its first publication. It intendeds to provide a general guide to the subject matter and does not constitute legal advice. We recommend that you seek professional advice on a specific matter before acting on any information provided. For further information, contact us at MK Fintech Partners via email at or by telephone +356 2016 1010.

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