Malta & Cyprus: A Sea Apart European Commission Report on Malta’s Financial Position On the 10th of April 2013 the European Commission circulated its conclusions on Malta’s financial position in a report issued in accordance with Article 5 of Regulation (EU) No 1176/2011 on the Prevention and Correction of Macroeconomic Imbalances (the ‘Commission Malta Report 2013’).The exercise […]
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Revocation of Maltese Citizenship under Maltese Law The Maltese Citizenship Act contemplates two modes of loss of citizenship, namely renunciation and revocation of Maltese citizenship, also referred to as deprivation. Where a citizen of Malta is of full age and capacity, he or she may renounce their Maltese citizenship by making a declaration to this effect. In the case
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Malta Golden Visa The Malta Golden Visa was launched in August 2015 by virtue of an amendment to the Immigration Act, Cap 217 of the Laws of Malta. Legal Notice 288 of 2015 was enacted with the aim of attracting individuals of impeccable standing and repute to receive a Malta Golden Visa on the basis of a one-time
Malta Residency Concessionaire What is a Malta Residence Concessionaire? 2015 saw the launch of a Residency by Investment Programme in Malta, the Malta Residency & Visa Program (MRVP). In 2017, the Government launched a competitive tender for the marketing of the Maltese residency by investment in various regions. Marketing Concessionaires were appointed with the sole responsibility of promoting the Malta
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Ship Registration in Malta: Bareboat Charter Registration The requirements for bareboat charter registration in Malta are: 1. The ship must be bareboat chartered to Maltese citizens or Maltese bodies corporate; 2. The ship is not a Maltese ship, and is registered in a compatible registry; 3. The ship is not registered in another bareboat
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Renunciation of Maltese Citizenship The Maltese Citizenship Act provides two exhaustive modes of loss of citizenship, namely, Renunciation of Maltese Citizenship and deprivation by registration or naturalisation. A person who is a citizen of Malta has the right to renounce his or her Maltese citizenship. This provided that such person is of full age and capacity. The
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Maltese Visa Requirements Countries with NO Maltese Visa Requirements Maltese visa requirements for Maltese nationals travelling abroad list the following countries that do NOT require a visa for entry. Please check the Amendments to Visa requirements below. A. Commonwealth Countries Antigua and Barbuda, Bahamas, Bangladesh, Barbados, Belize, Botswana, Brunei Darussalam, Canada, Cyprus, Dominica, Fiji, The
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Malta Tax Residence Scheme for Swiss High Net Worth Inviduals The 2011 High Net Worth Individual Residence Rules for Swiss nationals regulate the issue of Malta residence permits to Swiss nationals. Swiss Hight Net Worth Individuals eligible under this scheme will be subject to Malta tax at a flat rate of 15% on a remittance basis, that
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Eligibility for Malta Ordinary Residence The Malta Ordinary Residence Scheme is an attractive residence scheme currently available to EU & EEA nationals and nationals of Switzerland, Liechtenstein, Norway and Iceland seeking to transfer their tax residence to a safe, high quality and tax-efficient jurisdiction such as Malta. Eligibility for Ordinary Residence Nationalities eligible to ordinary
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Ship Management: Procedure SHIP REGISTRATION UNDER THE MALTA FLAG Procedure A vessel is first registered provisionally under the Malta flag for six months (extendible to one year) during which period all documentation must be finalised. The requirements for provisional registration are: An application for registration by the owner or an authorised representative; An
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