The Maltese government unveiled a new residency initiative in July 2013. This gives citizens of third countries (apart from EEA and Swiss citizens) a special tax status in Malta.

To apply for this program, you must meet specific requirements, such as purchasing or leasing real estate in Malta or Gozo and having a minimum yearly tax obligation on foreign income earned in Malta.

Under these regulations, the applicant must meet each of the following criteria:

• After fulfilling the 36-month residency requirement in Malta, make a non-refundable extraordinary direct investment of €600,000 OR €750,000 after completing at least 12 months of residency.
• Purchase a home for at least €700,000 or rent a home for at least €16,000 per year; the primary applicant must occupy the property for a minimum of five years.
• Contribute at least €10,000 to an officially recognized charitable, scientific, athletic, animal welfare, or artistic organization or association.