Malta Global Residence Programme (GRP) & Individual Tax Programme
Important 2027 Update
Malta's Global Residence Programme (GRP) has been a popular option for eligible international individuals looking to establish residence in Malta while benefiting from a favourable tax regime.
However, the rules are changing.
From 1 January 2027, Malta's new Individual Tax Programme (ITP) will introduce a revised framework covering several existing special tax programmes, including the Global Residence Programme.
The new rules retain the attractive 15% tax rate on qualifying foreign-source income received in Malta, but introduce higher property and minimum tax requirements for new applicants.
1.
What Is the Global Residence Programme?
The Global Residence Programme is designed for eligible individuals who are not nationals of the EU, EEA or Switzerland and who wish to establish their principal residence in Malta.
One of the main attractions is the potential to benefit from a 15% tax rate on qualifying foreign-source income received in Malta, subject to the programme's conditions and a minimum annual tax payment.
A qualifying residential property in Malta or Gozo is also an important requirement of the programme, making the choice of property a key consideration for prospective applicants.
2.
Current GRP Property Requirements
Whether you're buying, selling, letting or growing your property portfolio, our experienced team combines professional expertise with genuinely personal service. From residential sales and lettings to property management and Land & New Homes, we're here to make every move simpler. Whether you're buying, selling, letting or growing your property portfolio, our experienced team combines professional expertise with genuinely personal service. From residential sales and lettings to property management and Land & New Homes, we're here to make every move simpler.
Whether you're buying, selling, letting or growing your property portfolio, our experienced team combines professional expertise with genuinely personal service. From residential sales and lettings to property management and Land & New Homes, we're here to make every move simpler.
3.
DIY and Repairs
Whether you're buying, selling, letting or growing your property portfolio, our experienced team combines professional expertise with genuinely personal service. From residential sales and lettings to property management and Land & New Homes, we're here to make every move simpler. Whether you're buying, selling, letting or growing your property portfolio, our experienced team combines professional expertise with genuinely personal service. From residential sales and lettings to property management and Land & New Homes, we're here to make every move simpler.
Whether you're buying, selling, letting or growing your property portfolio, our experienced team combines professional expertise with genuinely personal service. From residential sales and lettings to property management and Land & New Homes, we're here to make every move simpler.
| Current GRP | From January 1st 2027 | |
| Tax rate on qualifying income | 15% | 15% |
| Minimum annual tax | ||
4.
Clean
Whether you're buying, selling, letting or growing your property portfolio, our experienced team combines professional expertise with genuinely personal service. From residential sales and lettings to property management and Land & New Homes, we're here to make every move simpler. Whether you're buying, selling, letting or growing your property portfolio, our experienced team combines professional expertise with genuinely personal service. From residential sales and lettings to property management and Land & New Homes, we're here to make every move simpler.
Whether you're buying, selling, letting or growing your property portfolio, our experienced team combines professional expertise with genuinely personal service. From residential sales and lettings to property management and Land & New Homes, we're here to make every move simpler.
6.
Viewings
Whether you're buying, selling, letting or growing your property portfolio, our experienced team combines professional expertise with genuinely personal service. From residential sales and lettings to property management and Land & New Homes, we're here to make every move simpler. Whether you're buying, selling, letting or growing your property portfolio, our experienced team combines professional expertise with genuinely personal service. From residential sales and lettings to property management and Land & New Homes, we're here to make every move simpler.
Whether you're buying, selling, letting or growing your property portfolio, our experienced team combines professional expertise with genuinely personal service. From residential sales and lettings to property management and Land & New Homes, we're here to make every move simpler.
6.
Viewings
Whether you're buying, selling, letting or growing your property portfolio, our experienced team combines professional expertise with genuinely personal service. From residential sales and lettings to property management and Land & New Homes, we're here to make every move simpler. Whether you're buying, selling, letting or growing your property portfolio, our experienced team combines professional expertise with genuinely personal service. From residential sales and lettings to property management and Land & New Homes, we're here to make every move simpler.
Whether you're buying, selling, letting or growing your property portfolio, our experienced team combines professional expertise with genuinely personal service. From residential sales and lettings to property management and Land & New Homes, we're here to make every move simpler.
Important 2027 Update
Malta's Global Residence Programme (GRP) has been a popular option for eligible international individuals looking to establish residence in Malta while benefiting from a favourable tax regime.
However, the rules are changing.
From 1 January 2027, Malta's new Individual Tax Programme (ITP) will introduce a revised framework covering several existing special tax programmes, including the Global Residence Programme.
The new rules retain the attractive 15% tax rate on qualifying foreign-source income received in Malta, but introduce higher property and minimum tax requirements for new applicants.
What Is the Global Residence Programme?
The Global Residence Programme is designed for eligible individuals who are not nationals of the EU, EEA or Switzerland and who wish to establish their principal residence in Malta.
One of the main attractions is the potential to benefit from a 15% tax rate on qualifying foreign-source income received in Malta, subject to the programme's conditions and a minimum annual tax payment.
A qualifying residential property in Malta or Gozo is also an important requirement of the programme, making the choice of property a key consideration for prospective applicants.
Current GRP Property Requirements
Under the existing Global Residence Programme, applicants can generally qualify by either purchasing or renting a suitable residential property.
The current minimum purchase values are generally:
- €275,000 for property in most areas of Malta
- €220,000 for property in designated southern areas of Malta
- €220,000 for property in Gozo
Applicants will also be eligible if they rent a property with an annual minimum liability of €9,600 in Malta and €8,750 in Gozo or in the South of Malta.
The current GRP generally includes a minimum annual tax payment of €15,000, subject to the applicable rules.
What Changes From 1 January 2027?
The new Individual Tax Programme introduces significantly higher requirements for new applicants. The key changes include:
The new €700,000 minimum property purchase value and €14,000 minimum annual rent represent significant increases compared with the current GRP requirements. The new rules also remove the current distinction between Malta's designated southern areas and Gozo for the lower property threshold.
Transitional Arrangements
The introduction of the ITP does not simply mean that existing GRP beneficiaries immediately move to the new requirements.
Legal Notice 195 of 2026 includes transitional provisions for existing beneficiaries and applications made under the current special tax programmes.
This means that anyone considering the current Global Residence Programme should obtain professional advice as early as possible regarding their eligibility, application timing and the transitional arrangements applying to their circumstances.
Finding a Property in Malta
Whether you are considering the current Global Residence Programme or planning for the new Individual Tax Programme, finding the right property is an important part of moving to Malta.
Malta offers a wide choice of residential property, including:
- Apartments, Flats and Penthouses
- Townhouses, Terraced Houses, Palazzo's & Houses of Character
- Detached & Semi-Detached Villas & homes
- Prime Seafront properties
- Properties in Special Designated Areas (SDA's)
- Homes in Malta and Gozo
The right location will depend on your lifestyle, family requirements, budget and the applicable residence and tax requirements.
How Perry Estate Agents Can Help?
With more than 45 years of experience in Malta's real estate market, Perry Estate Agents has extensive experience assisting international buyers looking for homes in Malta.
Our team can help you explore suitable properties throughout Malta and Gozo, whether you are looking to purchase a qualifying property or find a home to rent.
From modern apartments and luxury penthouses to traditional Maltese houses and spacious villas, we can help you find a property that suits your requirements.
We work alongside clients' chosen legal, tax and relocation professionals, while focusing on the property side of their move to Malta.
Considering a Move to Malta?
If you are considering purchasing or renting property in Malta as part of your relocation plans, contact Perry Estate Agents to discuss your requirements and explore available properties.
Important Disclaimer
This page is provided for general information only and does not constitute tax, legal, financial or immigration advice. The rules governing Malta's residence and tax programmes are subject to legislation and may change.
Anyone considering an application should obtain independent advice from an appropriately qualified professional before making financial, tax, residence or property decisions.
Qualifying criteria for the new scheme
- The value of any property bought in Malta has to be at least €275,000 unless the property is in the South of Malta or in Gozo, where the minimum value can be €220,000.
- Applicants must be fluent in English whilst having a stable and regular income.
- Applicants will also be eligible if they rent a property with an annual minimum liability of €9,600 in Malta and €8,750 in Gozo or in the South of Malta.
- Minimum tax threshold (to be paid in advance) reduced to €15,000 per annum on income remitted to Malta, with any further income charged at 15%. Other incomes including those locally sourced are subject to a standard tax rate of 35%.
- Applicants and their dependents, have to be covered by private health insurance. They will not be entitled to free state health services.
- Also, note that there is a standard application fee of €6,000 for Malta and €5,500 for Gozo.
Thinking of Selling?
Sell your property in Malta with confidence. Get a free property valuation from Perry Estate Agents and benefit from over 45 years of local market expertise.