Malta's Individual Tax Programme (2027): LN 195/2026, the €35,000 Floor and the 31 December Deadline

From 1 January 2027, Legal Notice 195 of 2026 replaces the Global Residence Programme, TRP, MRP and UNPP with the Individual Tax Programme. Qualifying property rises to €700,000 (buy) or €14,000/year (rent), and minimum annual tax on the main statuses rises to €35,000. Applications received by 31 December 2026 keep existing terms until 2031.

In short From 1 January 2027, Malta's Individual Tax Programme Rules (Legal Notice 195 of 2026) replace the Global Residence Programme (GRP), The Residence Programme (TRP), the Malta Retirement Programme (MRP), and the UN Pensions Programme with one unified framework. Under the new rules, foreign income remitted to Malta remains taxed at 15% , but the minimum annual tax for the main statuses rises from €15,000 to €35,000 , and qualifying property across Malta and Gozo rises to €700,000 (purchase) or €14,000 a year (rent) . Complete applications received by the Commissioner on or before 31 December 2026 keep the older thresholds until 31 December 2031 . What changes on 1 January 2027 under Legal Notice 195 of 2026? For more than a decade, Malta ran separate 15% remittance rulebooks depending on your passport and whether you were retired: GRP for non EU nationals, TRP for EU/EEA/Swiss nationals, MRP for pensioners, and UNPP for United Nations retirees. Legal Notice 195 of 2026 consolidates all four into the Individual Tax Programme (ITP) under a single statute. An applicant applies to the Commissioner for Tax and Customs through an Authorised Registered Mandatary (ARM) under one of four statuses: 1. Global resident status (non EU / non EEA / non Swiss nationals) 2. EU, EEA or Swiss resident status 3. Retired pensioner status 4. United Nations pensioner status The regional property discount that previously gave lower entry thresholds in Gozo and the south of Malta is abolished for new applicants from 2027. Programme requirement GRP / TRP (applications received up to 31 Dec 2026) Individual Tax Programme (from 1 Jan 2027) Tax rate on foreign income remitted to Malta 15% (15 cents in the euro) 15% (15 cents in the euro); other chargeable income at 35% Foreign capital gains Not taxed in Malta, even if remitted Not taxed in Malta, even if remitted Minimum annual tax (Global & EU/EEA/Swiss) €15,000 per year €35,000…