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Expertise

Private Clients – GRP / TRP

COMPLETE GUIDE TO THE GRP & TRP

Malta’s Global Residence Programme (GRP) and The Residence Programme (TRP) offer an attractive opportunity for individuals seeking a favorable tax environment combined with the benefits of residency in an EU country. These programmes are tailored for non-EU/EEA/Swiss nationals (GRP) and EU/EEA/Swiss nationals (TRP), providing a flat tax rate of 15% on foreign income remitted to Malta, along with a pathway to residency in one of Europe’s most desirable locations.

BENEFITS OF THE GRP & TRP

The primary advantage of both programmes is the Special Tax Status, which allows individuals to benefit from a 15% flat tax rate on foreign income remitted to Malta. Additional benefits include:

  • Residency in Malta with a renewable residence card:
    • GRP applicants receive a renewable one-year residence permit.
    • TRP applicants receive a renewable five-year residence permit.
  • Visa-free travel within the Schengen Area for up to 90 days within a 180-day period.
  • No minimum physical stay required, as long as the beneficiary does not reside in another jurisdiction for more than 183 days per calendar year.
  • The opportunity to include family members and even household staff in the residency application.

Assess Your Eligibility Today

REQUIREMENTS OF THE GRP & TRP

In order to be eligible to apply under these schemes, an applicant shall meet the following criteria:

  • Be over 18 years old and of good repute.
  • Be able to communicate in English or Maltese.
  • Pay an administrative fee of minimum EUR 5,500 (EUR 6,000 if the qualifying property is in the north/central Malta).
  • After approval, rent or purchase a qualifying property:
    • Rental: Minimum of €8,750 per year (Gozo/south of Malta) or €9,600 per year (north/central Malta).
    • Purchase: Minimum value of €220,000 (Gozo/south of Malta) or €275,000 (north/central Malta).
  • Have stable and regular income to sustain themselves and their dependents.
  • Hold health insurance covering themselves and their dependents.
  • Settle a minimum annual tax of EUR 15,000, covering up to EUR 100,000 of foreign income remitted to Malta.

Please feel free to complete the eligibility assessment form above if you would like to confirm your eligibility for one of the programmes or if you wish to receive further information and discuss the procedure, cash flow, and timeline. We are happy to answer any questions you may have. 

Initial consultations are provided free of charge.