The Global Residence Program
Malta is a very attractive location for private residence. Malta offers non-Maltese persons the possibility of acquiring residence status through the Global Residence Program which is aimed at persons who buy or rent property in Malta, with minimum requirements of between EUR 220,000 to EUR 275,000 purchase price or EUR 8,750 and EUR 9,600 annual rent, depending on the location. A residence permit entitles its holder to reside permanently in Malta with the freedom to come and go any time. A permanent resident enjoys a privileged tax status while at the same time benefiting from Malta's wide network of Double Taxation Treaties. A further advantage of this status is that as long as the resident abides by the rules of the permit, the resident permit holder need not spend any particular time actually residing in Malta.