MT
Malta Retirement Programme (MRP)
Active
Flat rate
Malta · special tax regime
Flat rate
15.0%
minimum tax EUR 7,500
Duration
—
Prior non-residency
—
required before applying
Standard top income tax
35.0%
Malta, without the regime
Overview
- Regime
- Malta Retirement Programme (MRP)
- Country
- Malta
- Type
- Flat rate
- Status
- Active
- Effective from
- Jan 1, 2012
- Expires on
- —
Details
- Summary
- 15% flat tax on foreign pension income remitted to Malta for retirees.
- Eligibility
- Pension must be at least 75% of chargeable income and received in Malta; statutory conditions apply. Programme extended to third-country nationals.
- Benefits
- 15% flat tax on pension income remitted to Malta. Other foreign income at normal rates if remitted.
- Requirements
- Must pay minimum annual tax of EUR 7,500 plus EUR 500 per dependant. Must hold qualifying property.
- Limitations
- Minimum EUR 7,500 annual tax (plus dependant levy). Transitional protection until 31 December 2031.
- Income types covered
- Pension income
- Duration details
- Indefinite
Other regimes in Malta
| Name | Type | Rate |
|---|---|---|
| Global Residence Programme (GRP) | Flat rate | 15.0% |
| Residence Programme (RP) | Flat rate | 15.0% |
| Nomad Residence Permit (NRP) income tax rules | Flat rate | 10.0% |
| Tax Treatment of Highly Skilled Individuals | Flat rate | 15.0% |
View source PwC Worldwide Tax Summaries