An overview of taxes for Malta residents and citizens. For informational purpose only – not to be considered tax advice. Learn more at www.Malta-Citizenship.info

Taxation of individuals in Malta is based on domicile and residence, but not citizenship or residency status.

This means if you are domiciled and resident in Malta, then your income is taxable at graduated progressive rates ranging from 0% to 35%.

However, if you are not domiciled or resident in Malta, then only income and capital gains generated from activities inside Malta are fully taxable.

Income arising outside of Malta and not sent to Malta is not taxable.

In addition, capital gains arising outside of Malta even if brought into the country are not taxable.

In other words, tax is due only on (1) income generated inside of Malta, (2) capital gains arising inside of Malta, and (3) income generated outside of Malta and remitted to Malta.

Further, Malta has no inheritance or death taxes, there is no estate duty, no net worth or wealth tax, and no municipal tax or annual real estate tax, although a 5% transfer duty can apply.

Taxes are a complex matter: always consult a tax advisor.

For questions please visit our website at www.Malta-Citizenship.info or send an email to service@zenturo.com and we’ll get back to you as soon as possible.

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