Tax – Nomad Residence Permit

What additional tax-related documentation should I provide for my second and third renewal?

Main applicants are required to submit a declaration confirming their compliance with all applicable tax laws and regulations, based on their individual circumstances. This includes adherence to all reporting, taxation, and other obligations related to income earned throughout the duration of the permit referenced in their application. The declaration is available on the portal and must be downloaded and included as part of the submission of the second or third renewal application.

by Shaun Zarb

What are my tax obligations?

In respect of nomads, tax considerations and obligations might arise under both foreign and Maltese legislation. In respect of income tax obligations under Maltese law, you may wish to refer to S.L. 123.210 Nomad Residence Permits (Income Tax) Rules and the applicable provisions of the Income Tax Acts, Chapters 123 and 372 of the Laws of Malta.

The fact that an applicant is issued with a Nomad Residence Permit does not necessarily mean that the applicant is entitled to be subject to Maltese tax in terms of Subsidiary Legislation 123.210 - the Nomad Residence Permits (Income Tax) Rules. In order for an individual to be taxed under the said Rules, s/he has to also satisfy all the applicable conditions set out therein.

Applicants are strongly advised to seek separate, independent tax advice regarding their personal tax position and obligations in Malta and any other relevant jurisdictions

For guidelines on income tax rules related to the Nomad Residence Permit, please refer here.

Disclaimer: Residency Malta Agency does not provide tax advice nor assumes any responsibility for an applicant’s tax compliance and interpretation of applicable tax laws. It remains the sole responsibility of the applicant to ensure compliance with all relevant tax regulations.

by ryanamangion