Tax and financial considerations for MPRP holders

The official position

The Residency Malta Agency's FAQ states plainly that the MPRP "does not provide any tax related status or benefit" and that the applicable Maltese statutory tax provisions apply. [Residency Malta Agency (Government of Malta)]

General principles (from the Agency FAQ — general information, not advice)

For individuals not domiciled in Malta, Maltese tax is charged on income and capital gains arising in Malta and on foreign income remitted to Malta where the individual is resident in Malta; a non-resident is taxed only on Malta-source income and gains. Holders of long-term resident status under separate regulations are taxed on a worldwide basis, but the MPRP does not itself confer that status.

Residence versus tax residence

Holding an MPRP certificate does not automatically make you tax resident in Malta; tax residence depends on facts such as days spent in Malta and your circumstances. Your home country's rules and any double-tax treaty also matter.

Property taxes (general information)

Buying and later selling property in Malta involves duty on documents and transfers and property transfer tax under Maltese law, outside the scope of the MPRP.

Take advice

The Agency itself recommends that every individual seeks the advice of a tax consultant. Nothing on this platform is tax advice.