Digital Nomads – What you need to know about your taxation in Malta

Malta has over the past year attracted a number of expatriates to work in Malta, both nationals of one of the EU member states as well as third-country nationals.  Some of the expatriates are digital nomads who have been attracted by Malta’s lifestyle and climate as well as due to the fact that English is […]

Written By Stephen Balzan

On May 13, 2022
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Malta has over the past year attracted a number of expatriates to work in Malta, both nationals of one of the EU member states as well as third-country nationals.  Some of the expatriates are digital nomads who have been attracted by Malta’s lifestyle and climate as well as due to the fact that English is an official language which makes it easier for them to communicate.

The aim of the Nomad Residence Permit (NRP) is to grant non-EU nationals the right to live and work in Malta remotely using the sound telecommunication infrastructure which Malta has managed to build over the years.  The right to stay in Malta is granted either in the form of a residence permit or in the form of a national visa depending on the duration of the stay.  The Malta Nomad Residence Permit is an attractive residence scheme available to non-EU nationals, seeking the opportunity to relocate to Malta to work remotely, whilst retaining their current employment abroad. The permit will be issued for up to one year and can be renewed upon application at the discretion of the government agency.

As per Maltese income tax legislation, individuals who are considered for Maltese income tax purposes to be residents but not domiciled in Malta are subject to taxation in Malta on the following sources of income:

  1. Income and capital gains arising in Malta
  2. Income arising outside Malta which is received in Malta

How can we assist?

We can assist you in the preparation and submission to the Maltese Authorities of the application and the supporting documentation for yourself and your family members to be granted the status of a Nomad Resident.   ACT Advisory Services Limited (‘ACT’) is a company registered in Malta with registration number C65093.  ACT is duly authorised to act as a licensed Malta immigration agent in terms of the Agents (Licences) Regulations, 2020 (L.N. 435 of 2020) and bound by the “Licence Agreement and Code of Conduct and Ethics for Agents” entered into with Community Malta Agency.

How can we help?  

 

For further information, please contact us on [email protected]. ACT can help you understand the changes to the income tax, accounting, corporate and VAT rules and how these can impact your business.   

 

Apart from its offices in St. Julian’s Malta, ACT operates from a second office in Gozo, which is situated in the capital city of Victoria.  For an appointment in our Gozo office, please call on +356 21378672 or send us an email on [email protected]. 

Disclaimer: This article contains general information only and is not intended to address the circumstances of any particular individual or entity. ACT, by means of this article is not rendering any accounting, business, financial, investment, legal, tax, or other professional advice or service. This article is not a substitute for such professional advice, nor should it be used as a basis for any decision or action that may affect your finances or your business. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. Before making any decisions or before taking any action that may affect your finances or your business, you should consult a qualified professional adviser. ACT shall not be responsible for any loss whatsoever sustained by any person who relies on this article.  

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