The Malta Retirement Programme Rules (MRP) are applicable to EU/EEA/Swiss nationals who are not in employment and who are in receipt of a pension, as supported by documentary evidence, all of which is recieved in Malta and constitutes at least 75% of their chargeable income. Beneficiaries in terms of the MRP may take advantage of a flat rate of 15% on all foreign source income which is remitted to Malta, subject to a minimum annual tax.
Individuals benefiting from this Programme may hold a non-executive post on the board of a company resident in Malta. This implies that the beneficiary would be prohibited from being employed by the company in any capacity.
Such individuals may also partake in activities related to any institution, trust or foundation of a public character and any other similar organisation or body of persons, which are also of a public character, that is engaged in philanthropic, educational or research and development work in Malta.
Minimum residence period
- An individual who has been granted the special tax status is required to reside in Malta for not less than 90 days in any calendar year averaged over a five year period, and
- Must not reside for more than 183 days in any calendar year in any other jurisdiction.