The Residence Programme Malta (TRP Malta) – A Complete Guide

The Residence Programme Malta (TRP Malta) is a tax residence scheme designed for EU, EEA, and Swiss nationals looking to benefit from Malta’s favourable tax treatment. This program provides special tax status, allowing eligible applicants to pay a flat tax rate on foreign income remitted to Malta while enjoying residency in a politically stable and business-friendly environment.

This article will explore:

• Benefits of Malta Residency through TRP
• Eligibility criteria and requirements for TRP Malta
• The application process and key documents needed
• Qualifying property requirements for residency

Whether you’re a high net worth individual, a retiree, or someone seeking residence in Malta for tax benefits, this guide will provide a comprehensive overview of the TRP Malta and how to apply successfully.

For those seeking permanent residency, the Malta MRVP offers a renewable 5-year permit with a pathway to citizenship.

Benefits of Malta Residency through TRP

• TRP has no minimum stay requirements.
• 15% tax is applied to money earned outside of Malta and sent to Malta. zero percent tax on money earned outside of Malta and not sent to Malta.
• 0% tax on capital gains on earnings earned outside of Malta.
• Malta is ideally situated with excellent sea and international flight connections.
• English speaking environment.

 

Eligibility Criteria for The Residence Programme Malta

Who can apply for TRP in Malta?

Eligibility Criteria:

• Must not be a tax resident of any other country
• Must have stable and regular resources to support themselves
• Must maintain a clean criminal record and pass diligence checks
• Cannot hold Maltese citizenship
• Must obtain health insurance coverage valid in Malta

Additionally, dependent family members, including minor children, adult dependent children to 25 years and dependent parents may also be included in the application.

Income requirements for the Residence Programme

Key Financial Criteria:

• Pay a minimum annual tax of €15,000
• Declare foreign income remitted to Malta if applicable
• Have stable and regular resources sufficient to support a durable relationship with Malta
• Submit an annual tax return confirming compliance with TRP regulations

Real estate requirements for TRP Malta

To qualify, applicants must invest in real estate with the following minimum values:

• Purchasing a property:
  • €275,000 in Malta
  • €220,000 in the south of Malta or Gozo
• Renting a property:
  • €9,600 per year in Malta
  • €8,750 per year in the south of Malta or Gozo

Unlike the Malta TRP, which requires stable income, the Malta Residency by Investment Program allows qualification through property purchases or government contributions.

Application Process for Malta’s Residence Programme (TRP)

Step-by-step application process

Step 1: Before submitting an application to the Maltese government, candidates must fill out a questionnaire. Under the direction of the Authorised Mandatory, this would be finished. Additionally, the Authorised Mandatory will need to get additional KYC papers.

Step 2: The Authorised Mandatory will submit your documents to the authorities along with your €6,000 non-refundable application fee (€5,500 if the applicant is settling in Gozo or the south of Malta) once you have properly completed the paperwork.

Step 3: The responsible authorities (Commissioner of Revenue) will review your files and interview the primary applicant if necessary.

Step 4: The primary applicant will obtain a letter of approval in principle if they are successful. This letter has a one-year expiration date. In order to be eligible for the Malta tax residence programme, you need to show that:

• The €15,000 minimum tax has been paid.
• The prerequisites for accommodations have been fulfilled.
• Both the applicant and their dependents are covered by health insurance.

Step 5: The candidate would be eligible for Malta Residence and would thereafter be eligible for the 15% tax rate upon successfully completing the application process.

Required documentation

Applicants must submit:

• Valid travel document (passport)
• Proof of stable and regular resources
• Health insurance coverage valid in Malta
• Police clearance certificate confirming a clean criminal record
• Proof of qualifying property (purchase or rental agreement)
• Financial statements showing income earned and income remitted to Malta
• Declaration of foreign-sourced income (if applicable)

TRP Malta vs. Other Malta Residency Programs

Comparison: The Residence Programme (TRP) vs. Malta Retirement Programme (MRP)

Key differences between TRP and Malta Permanent Residency Program (MPRP)

Comparing The Residence Programme with Global Residence Programme (GRP)

As part of our commitment to providing transparent and reliable services, we are proud to be a licensed agent in Malta, holding the official license number AKM-AGEN. This certification demonstrates our dedication to the highest standards in the investment

migration industry and further enhances our ability to offer expert guidance and support to our clients.

How Can Global Citizen Solutions Help You?

Global Citizen Solutions is a boutique migration consultancy firm with years of experience delivering bespoke residence and citizenship by investment solutions for international families. With offices worldwide and an experienced, hands-on team, we have helped hundreds of clients worldwide acquire citizenship, residence visas, or homes while diversifying their portfolios with robust investments. 

We guide you from start to finish, taking you beyond your citizenship or residency by investment application. 

FAQs About The Residence Programme Malta

Who is eligible for The Residence Programme Malta (TRP)?

TRP is open to EU, EEA, and Swiss nationals who meet the financial requirements, maintain a qualifying property, and pass diligence checks. Third-country nationals are not eligible for TRP but may apply under the Malta Global Residence Programme (GRP) or Malta Permanent Residence Programme (MPRP).

What are the tax benefits of TRP Malta?

TRP holders benefit from a flat tax rate of 15% on foreign income remitted to Malta, with a minimum annual tax of €15,000. Capital gains and foreign-sourced income not received in Malta remain tax-free.

Is TRP a permanent residence permit?

No, TRP provides tax residence and special tax status but does not grant permanent residency. TRP holders must comply with annual renewal requirements to maintain their status.

How long does the TRP application process take?

The application process typically takes 3 to 4 months, including diligence checks, approval in principle, and final confirmation.

Can TRP holders travel within the Schengen Area?

Yes, TRP holders enjoy visa-free travel within the Schengen Zone for up to 90 days within a 180-day period.

Does TRP Malta lead to citizenship?

No, TRP does not provide a direct path to Maltese citizenship. Applicants seeking citizenship must follow the Maltese naturalization process, which typically requires long-term residence.

Can family members be included in a TRP application?

Yes, TRP applicants can include dependent children, dependent brothers/sisters, direct relatives, and adopted children if they meet the dependency criteria.

What happens if I fail to meet TRP renewal requirements?

Failure to comply with minimum tax obligations, property requirements, or annual compliance can result in the loss of residence status and revocation of special tax status under TRP.