Malta - Global Residence Programme (GRP)
The Global Residence Programme (GRP) is a residency scheme in Malta that is open to non-EU nationals who wish to reside in Malta and enjoy favourable tax benefits. The programme was designed to attract high net worth individuals, retirees, and international entrepreneurs to Malta.
To be eligible for the Global Residence Programme, applicants must meet the following criteria:
Some of the tax benefits of the GRP include:
These tax benefits, coupled with Malta’s attractive lifestyle, pleasant climate, and strategic location, make the GRP an appealing option for high-net-worth individuals looking to relocate to a tax-friendly jurisdiction. However, it’s important to note that the GRP is subject to certain conditions and requirements, and participants should seek professional advice to ensure that they comply with the relevant rules and regulations.