The Ordinary Residence
The Maltese Ordinary Residence route is an attractive residence option currently available to EU, EEA and Swiss nationals and their family members, seeking to transfer their tax residence to a safe, high quality and tax-efficient jurisdiction such as Malta. Persons with a stable financial position and who purchase or lease a residence in Malta may take up residency as ordinary residents of Malta. Individuals who are ordinarily resident in Malta but who do not hold Maltese domicile are subject to tax in Malta on a remittance basis. Accordingly, ordinary residents are chargeable to Maltese income tax on income and gains arising in Malta and on foreign-source income only to the extent that it is remitted to Malta. Foreign capital gains, whether remitted to Malta or not, fall outside the scope of Maltese taxation. Ordinary residence is suitable for persons seeking to take up residence in Malta and physically live in Malta, with the possibility of taking up employment or conducting a business activity in Malta.
Our Residence Services
Led by Dr Jean-Philippe Chetcuti, Dr Priscilla Mifsud Parker and Magdalena Velkovska, Chetcuti Cauchi's award winning Immigration & Relocation Law team is the oldest specialised immigration law practice in Malta. We have successfully represented individuals and families ranging from expatriate retirees, emigrants seeking employment, to HNW individuals listed in Fortune 500. We advise on the legal and tax rules and implications of taking up ordinary residency in Malta as well as handle residence applications as authorised registered mandataries. Our advice covers the rules applicable to immigrating to Malta under a number of available residence as well as practical relocation assistance ranging from transportation and insurance to schooling and health insurance coverage.
