Q.  I am an EU citizen and self employed providing engineering consultancy to a range of European clients.  Most of my assignments are carried out from my base office at home and most of my marketing and communications with clients is carried out over the internet.

As I am getting on in age, I wish to settle in a warmer climate and use that country as a base for my professional activity.  What will be my personal tax implications if I decide to settle in Malta?

A. As an EU citizen you have an automatic right to settle in any part of the EU territory to reside and work.  This right extends also to Malta which is becoming a popular destination for anyone seeking warmer climate and a Mediterranean ambience.

As a resident of Malta, all your income, from where ever generated will be taxable under Maltese laws at normal personal rates applicable also to Maltese residents.

The rates applicable can be found in another Question in this web site.

1. What are the tax implications of investing company funds from my ITC? Are any capital gains eligible for the ITC tax rebate I normally receive on dividends from the company? Would I be better off decl
2. When can I be exempt from property tax in Malta?
3. Personal Tax Computation
4. I have received the PT1 claim form to pay provisional tax for December, but profits are very low this year. Can we object to the amount claim?
5. I have received a blue form called Tax Declaration Form. Shall I send it to the Inland Revenue Department?
6. Has Malta’s accession to the European Union affected the fiscal advantages of International Trading Companies.