Malta’s special treatment of foreigners who take up residence to enjoy a peaceful Mediterranean lifestyle, provides an attractive ‘quality of life’ coupled with serious tax saving and asset protection opportunities. Originating decades ago as a tax concession for retired British naval officers, the scheme has developed into a tax attractive solution to high net worth individuals of different nationalities.

The low rate of taxation on remitted income, coupled with Malta’s network of double taxation treaties and the absence of minimum stay requirements offer a very cost effective tax planning tool.