Answer: If you are a resident of Malta but not domiciled in Malta, then all your income generated in Malta will be taxed. All the foreign source income remitted to Malta will also be taxed.
In simple words, you will only be taxed if you become a Malta tax resident.
Capital gains arising outside Malta will remain non-taxable in Malta even if received in Malta.
If you are neither an ordinary resident nor domiciled in Malta, then you’ll be taxed only on income arising in Malta i.e. income having a Malta source.
The Global Residence Program (GRP) grants you 15% beneficial tax rate on income received in Malta from foreign sources.
You may also have the possibility to claim relief from double tax treaties.
Till date, Malta has concluded more than 72 double taxation agreements for the avoidance of double taxation.
Our professional tax advisors can assist you in clarifying all your doubts.