Legal Notice 195 of 2026 introduces a revised framework for Malta’s individual tax programmes under the Income Tax Act. The new rules will apply to applications submitted as from 1 January 2027 and will replace the current special tax status programmes with an updated structure.
Under the new framework, the existing programmes being the Global Residence Programme (GRP), The Residence Programme (TRP), Malta Retirement Programme (MRP), or UN Pension Programme (UNPP) will be replaced by four categories: Global Resident Status for third-country nationals, EU/EEA/Swiss Resident Status, Retired Pensioner Status and UN Pensioner Status.
Individuals who already benefit under the current programmes will be able to retain their existing status until 2031.
The principal tax treatment remains unchanged. Eligible individuals will continue to benefit from a 15% flat tax rate on foreign-source income remitted to Malta, together with the possibility of claiming double taxation relief where applicable and subject to the relevant treaty provisions.
The annual minimum tax will vary depending on the relevant category. Global Resident Status and EU/EEA/Swiss Resident Status will each carry a minimum annual tax of €35,000. The minimum annual tax for Retired Pensioner Status will be €15,000, while the minimum annual tax for UN Pensioner Status will be €20,000.
Applications under the new rules will be subject to a non-refundable administrative fee of €8,500. Status will be valid for five years and may be renewed for a further five-year period upon payment of a €2,500 renewal fee.
As per the previous tax schemes, applicants will also be required to hold qualifying property in Malta as their principal residence. The minimum value for purchased property will be €700,000, while leased property must have a minimum annual rent of €14,000.
Beneficiaries will need to continue satisfying ongoing requirements, including maintaining qualifying property in Malta, holding valid travel documentation, having stable and regular resources, and maintaining comprehensive health insurance for themselves and their dependants.
Residency conditions will also apply, including a requirement not to spend more than 183 days in any other jurisdiction in a calendar year and not to acquire long-term or permanent residence status in another jurisdiction.
Although the new framework will apply only to applications submitted from 1 January 2027, prospective applicants should consider their position in advance. Please get it touch should you require any guidance or assistance in this regard.
