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IDEALLY situated in the centre of the Mediterranean Sea, Malta offers international house buyers a secure and appreciating house purchasing market. With its stable economy, Malta is ideal for relocation, investment and offers various advantageous tax incentives. Companies set up in Malta also offer the possibility for shareholders to recover tax paid on company profits when these profits are distributed as dividends. Although the corporate tax rate is 35%, most of this tax is available as refunds with the net effective tax reduced to anything between 0 and 10% depending on the nature of the company’s activities and whether foreign taxes have been suffered. A number of International Banks are available on the Island.
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Y a c h t i n gi nM a l ta
PROPERTY FOR ALL TASTES
Since joining the Eurozone Malta is attracting new investors and, with bi-lateral agreements with North Africa, Malta is strategically poised to develop the lucrative trade. Private Buyers may also opt to obtain Permanent Residence status on the Island of Malta without the requirement of any minimum stays and with the several tax advantages that such residence entails. Permanent Residents are not subject to
tax on a worldwide basis but to a flat minimum tax of €4,192 and enjoy a maximum 15% tax rate on income remitted or received in Malta. In this regard one should note that Malta has also entered into several double taxation agreements with various countries. The adoption of the Euro has further strengthened the economy. Residents living on the island have many benefits including: a low crime rate and cost