# How to register as an economically self-sufficient resident in Malta **URL:** \ **Category:** Article discussion\ **Tags:** europe, malta\ **Created:** [April 29, 2017, 6:00am UTC](https://community.nomadgate.com/t/how-to-register-as-an-economically-self-sufficient-resident-in-malta/58 "2017-04-29T06:00:00Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![tkrunning](https://community.nomadgate.com/user_avatar/community.nomadgate.com/tkrunning/32/9053_2.png) [@tkrunning](https://community.nomadgate.com/u/tkrunning)\ **Post date:** [April 29, 2017, 6:00am UTC](https://community.nomadgate.com/t/how-to-register-as-an-economically-self-sufficient-resident-in-malta/58/1 "2017-04-29T06:00:00Z")
Okay, this will be a pretty short and sweet article. As an EU, EEA, or Swiss resident it’s quite straight-forward to register as an economically self-sufficient resident in Malta. * * * This is a companion discussion topic for the original entry at [https://nomadgate.com/register-as-self-sufficient-malta/](https://nomadgate.com/register-as-self-sufficient-malta/) ---
**Author:** ![wissemwis](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/w/90ced4/32.png) [@wissemwis](https://community.nomadgate.com/u/wissemwis)\ **Post date:** [April 26, 2018, 9:01am UTC](https://community.nomadgate.com/t/how-to-register-as-an-economically-self-sufficient-resident-in-malta/58/2 "2018-04-26T09:01:26Z")
Only eu people? ---
**Author:** ![tkrunning](https://community.nomadgate.com/user_avatar/community.nomadgate.com/tkrunning/32/9053_2.png) [@tkrunning](https://community.nomadgate.com/u/tkrunning)\ **Post date:** [April 29, 2018, 3:24pm UTC](https://community.nomadgate.com/t/how-to-register-as-an-economically-self-sufficient-resident-in-malta/58/3 "2018-04-29T15:24:40Z")
I already replied to you in another thread, but yes, the ordinary residency scheme is for EU/EEA nationals. For other options, have a look at [this website](https://www.gov.mt/en/Life%20Events/Moving-to-Malta/Pages/Moving-to-Malta.aspx). ---
**Author:** ![wissemwis](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/w/90ced4/32.png) [@wissemwis](https://community.nomadgate.com/u/wissemwis)\ **Post date:** [April 29, 2018, 6:28pm UTC](https://community.nomadgate.com/t/how-to-register-as-an-economically-self-sufficient-resident-in-malta/58/4 "2018-04-29T18:28:44Z")
The same doc needed? ---
**Author:** ![wissemwis](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/w/90ced4/32.png) [@wissemwis](https://community.nomadgate.com/u/wissemwis)\ **Post date:** [April 29, 2018, 6:30pm UTC](https://community.nomadgate.com/t/how-to-register-as-an-economically-self-sufficient-resident-in-malta/58/5 "2018-04-29T18:30:22Z")
Thank you a lot , but the site not specify the docsneeded , the same? ---
**Author:** ![Blonde](https://community.nomadgate.com/user_avatar/community.nomadgate.com/blonde/32/1299_2.png) [@Blonde](https://community.nomadgate.com/u/Blonde)\ **Post date:** [October 20, 2017, 12:00am UTC](https://community.nomadgate.com/t/how-to-register-as-an-economically-self-sufficient-resident-in-malta/58/6 "2017-10-20T00:00:00Z")
1) shall this '€14,000 in your bank account' be in Malta or foreign bank? 2) Health insurance covering both in-patient and out-patient treatment. Bring your insurance policy document \> how much cost cheapest one? is there anyway to get it free, as some banks offering free health insurance for traveling for active customers? 3) A rental contract is not strictly required, but could be helpful to make sure your address is spelled correctly \> an rented postal address can be ok? (no contract) 4) how many days per year shall I stay in Malta to keep my 'ID/e-residence card' ? 5) can I use this as domicile-ation proof for banks? 6) Also is getting this cheaper than £4xx annually? if no, why shall I leave registering a offshore company in 0 tx on foreign income countries and apply for tx residency in Malta? As my main source of applying for these, is changing domicil-ation or tx residency for banks or companies I do business with. Why this self-sufficient is better that registering company in 0 tx country overall? ---
**Author:** ![tkrunning](https://community.nomadgate.com/user_avatar/community.nomadgate.com/tkrunning/32/9053_2.png) [@tkrunning](https://community.nomadgate.com/u/tkrunning)\ **Post date:** [October 21, 2017, 12:00am UTC](https://community.nomadgate.com/t/how-to-register-as-an-economically-self-sufficient-resident-in-malta/58/7 "2017-10-21T00:00:00Z")
1) It can be in any bank. Ideally the statements should be in English, if not you should have them translated. 2) I'm guessing you can get something around $50 per month, with high deductibles. 3) I'm not sure, but I think a residential address is best, at least when first registering. 4) There is no set limit that I've been able to find. I've heard three months, but I don't think that's an absolute minimum. Again, since Malta is in Schengen they don't necessarily know exactly how many days you spend there per year. 5) That would depend on the bank, but as residency proof it'll probably work with most, especially if you have some bills or bank statements with a matching address. 6) You can't compare a personal residency with an offshore companies. Most "zero tax" offshore companies aren't really zero tax if you're resident of most western/high tax countries (unless you commit serious tax evasion, which I would strongly advice against). ---
**Author:** ![mike\_BER](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/m/e47c2d/32.png) [@mike\_BER](https://community.nomadgate.com/u/mike_BER)\ **Post date:** [January 1, 2018, 12:00am UTC](https://community.nomadgate.com/t/how-to-register-as-an-economically-self-sufficient-resident-in-malta/58/8 "2018-01-01T00:00:00Z")
Great guide! I am wondering if you still need to apply for an SSN. Also how do you declare income tax for income from a foreign company? Does your foreign company need to apply for any local employer license? Cheers ---
**Author:** ![disqus\_YWaztuoAh2](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/d/a9a28c/32.png) [@disqus\_YWaztuoAh2](https://community.nomadgate.com/u/disqus_YWaztuoAh2)\ **Post date:** [May 11, 2018, 12:00am UTC](https://community.nomadgate.com/t/how-to-register-as-an-economically-self-sufficient-resident-in-malta/58/9 "2018-05-11T00:00:00Z")
Hi Thomas I highly appreciated your article. It's easy, short and clear. I love the fact that you have also explained the way to the counter at Identity Malta. However, I still have some questions, also in light to the The Budget Measures Implementation Act, 2018. It concerns my boyfriend's plans. Would you recommend to look for professional assistance in our case? Here the facts: I am in Malta since May having a two year working contract with a Maltese company. I will soon apply for Residency. My boyfriend joined and wanted to apply as an economically self-sufficient resident in Malta. He is Swiss, I am German. Recently I have learned that as to the before mentioned act, he would have to pay EUR 5K yearly taxes. Is this correct? He actually wants to work in Malta, but first wants to do an English school. Would you recommend that he should apply for work (and look for a job) directly instead of the self-sufficency residency? In addition, I am still confused about the health insurance. Does this have to be a Maltese insurance because we are both insured in Switzerland for any incident in or outside of Switzerland. And last but not least: I have signed a rental agreement in my name, but my boyfriend is of course living with me. Internet and mobile phones are in my name, too (all in one package). How can he proof his address? ---
**Author:** ![lili](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/l/b38774/32.png) [@lili](https://community.nomadgate.com/u/lili)\ **Post date:** [June 8, 2018, 6:49pm UTC](https://community.nomadgate.com/t/how-to-register-as-an-economically-self-sufficient-resident-in-malta/58/10 "2018-06-08T18:49:52Z")
Hi Michèle, thanks for posting this! I missed this new legislation, thanks to your post I read about it. 5k euro min tax only applies if you have a min of 35k euro income worldwide - would this apply to your boyfriend? The only thing to be careful about how the tax year is structured. For example, in [Malta](https://nomadgate.com/malta/) tax year is calendar year. If somebody works and earns e.g. from Jan - May outside [Malta](https://nomadgate.com/malta/) and makes \>35k and then goes to [Malta](https://nomadgate.com/malta/) and lives for the rest of the year, then he’d become a tax resident in [Malta](https://nomadgate.com/malta/) for that year. I think in this case the 5k rule would kick in, even though the income was earned before the move to [Malta](https://nomadgate.com/malta/). It would not apply if you worked July-December, earned \>35k, and move to [Malta](https://nomadgate.com/malta/) in Jan. Disclaimer: I am not a lawyer or tax advisor. One thing, once you get your residency card, would you mind posting what kind of card is it - ordinary residence card, or permanent residence card? (or something else altogether!) I think it will be ordinary residence card, but I find some of the info a bit confusing so wanted to double check with someone who actually gets one! 🙂 Links to appropriate legislation: [http://justiceservices.gov.mt/DownloadDocument.aspx?app=lp&itemid=28986&l=1](http://justiceservices.gov.mt/DownloadDocument.aspx?app=lp&itemid=28986&l=1) [http://justiceservices.gov.mt/DownloadDocument.aspx?app=lom&itemid=11755&l=1](http://justiceservices.gov.mt/DownloadDocument.aspx?app=lom&itemid=11755&l=1) ---
**Author:** ![MoltoMalta](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/m/50afbb/32.png) [@MoltoMalta](https://community.nomadgate.com/u/MoltoMalta)\ **Post date:** [September 12, 2018, 3:08pm UTC](https://community.nomadgate.com/t/how-to-register-as-an-economically-self-sufficient-resident-in-malta/58/11 "2018-09-12T15:08:54Z")
I tried to apply today but was told that my €2,000 per month income was not enough, and they refused to give me any further information. Not helpful at all! ---
**Author:** ![sam1](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/s/bc8723/32.png) [@sam1](https://community.nomadgate.com/u/sam1)\ **Post date:** [October 12, 2018, 10:04am UTC](https://community.nomadgate.com/t/how-to-register-as-an-economically-self-sufficient-resident-in-malta/58/12 "2018-10-12T10:04:32Z")
Hi ! Thanks a lot for all the valuable informations on this website ! I’ll be moving to [Malta](https://nomadgate.com/malta/) and I’m still looking for health insurances. Does the [SafetyWing](https://nomadgate.com/go/safetywingforum) insurance qualify as “Health insurance covering both in-patient and out-patient treatment” ? I’ll still have my primary health insurance from my home country so I guess the answer to my question is yes but this topic is quite complicated. Thank you ! ---
**Author:** ![tkrunning](https://community.nomadgate.com/user_avatar/community.nomadgate.com/tkrunning/32/9053_2.png) [@tkrunning](https://community.nomadgate.com/u/tkrunning)\ **Post date:** [October 12, 2018, 1:03pm UTC](https://community.nomadgate.com/t/how-to-register-as-an-economically-self-sufficient-resident-in-malta/58/13 "2018-10-12T13:03:43Z")
Hi Sam. If you’re moving to [Malta](https://nomadgate.com/malta/) then [Malta](https://nomadgate.com/malta/) will be your new home country. And since [SafetyWing](https://nomadgate.com/go/safetywingforum) only covers you for a limited time in your home country—plus it’s not a primary health insurance—it’s not suitable. Even though it of course covers both in and outpatient care. Have a look at MSH International for decent option (I’d recommend a €750 deductible), or alternatively IMG with a high deductible (e.g. $2,000) if you want as small premium as possible. ---
**Author:** ![sam1](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/s/bc8723/32.png) [@sam1](https://community.nomadgate.com/u/sam1)\ **Post date:** [October 12, 2018, 2:00pm UTC](https://community.nomadgate.com/t/how-to-register-as-an-economically-self-sufficient-resident-in-malta/58/14 "2018-10-12T14:00:14Z")
Thanks for your answer. Well I meant using [safetywing](https://nomadgate.com/go/safetywingforum) temporarly, at least to apply for the maltese residency as my primary health insurance should be valid for 1 year after I leave. By the way, I saw that you’ll write an article on banking in [Malta](https://nomadgate.com/malta/). The 2 most important banks (HSBC and BOV) have fees for transfers (outgoing and ingoing). [N26](https://nomadgate.com/go/n26/community/auto/) look better. What’s your point of opening a bank account in [Malta](https://nomadgate.com/malta/) ? I don’t see what they offer that [N26](https://nomadgate.com/go/n26/community/auto/) don’t, maybe a savings acount ? ---
**Author:** ![tkrunning](https://community.nomadgate.com/user_avatar/community.nomadgate.com/tkrunning/32/9053_2.png) [@tkrunning](https://community.nomadgate.com/u/tkrunning)\ **Post date:** [October 12, 2018, 2:48pm UTC](https://community.nomadgate.com/t/how-to-register-as-an-economically-self-sufficient-resident-in-malta/58/15 "2018-10-12T14:48:54Z")
The problem is that the Maltese authorities might not accept [SafetyWing](https://nomadgate.com/go/safetywingforum), given that it’s not a primary health insurance. If you just want something cheap to meet the requirements, then look at IMG with a high deductible. It cost me $500 for a year. You can use another bank in the SEPA region without issue. However, you shouldn’t use [N26](https://nomadgate.com/go/n26/community/auto/) as your primary bank in [Malta](https://nomadgate.com/malta/) (or Cyprus)—including paying rent with it etc. They will close your account. ---
**Author:** ![anon93760057](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/a/74df32/32.png) [@anon93760057](https://community.nomadgate.com/u/anon93760057)\ **Post date:** [October 23, 2018, 11:05pm UTC](https://community.nomadgate.com/t/how-to-register-as-an-economically-self-sufficient-resident-in-malta/58/16 "2018-10-23T23:05:08Z")
As an insurance to meet the requirements of Identity [Malta](https://nomadgate.com/malta/), you can use this one from [Laferla](https://www.laferla.com.mt/health-insurance/health-products-page/malta-iip-global-residency-health-insurance). The coverage is only for hospitalization in [Malta](https://nomadgate.com/malta/), but it works just to meet the requirements. It should cost around €200/year. ---
**Author:** ![sam1](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/s/bc8723/32.png) [@sam1](https://community.nomadgate.com/u/sam1)\ **Post date:** [November 29, 2018, 11:20am UTC](https://community.nomadgate.com/t/how-to-register-as-an-economically-self-sufficient-resident-in-malta/58/17 "2018-11-29T11:20:17Z")
Thanks a lot for your answer. This is my list of maltese health insurance companies : > **[Atlas Insurance Malta](https://www.atlas.com.mt)** > > Atlas Insurance is one of Malta's leading insurance agencies. We offer excellent claims services on Motor, Home, Health, Business and more. > **[MAPFRE Middlesea & MSV Life - Insurance company in Malta](https://www.mapfre.com.mt/)** > > Leading Insurance company in Malta. We provide insurance solutions ranging from car, house, health, accidents, life, investment and more. [https://www.debrincat.com.mt](https://www.debrincat.com.mt) [https://www.bonniciinsurance.com](https://www.bonniciinsurance.com) > **[Laferla Insurance Malta - Trusted Personal & Business Coverage](https://laferla.com.mt/)** > > Laferla is one of Malta’s leading insurance providers with 40 years of experience. Laferla is a family-run business dedicated to settling claims within a week, offering professional and personalized service. [https://www.bupa.com.mt](https://www.bupa.com.mt) > **[GasanMamo - Malta's Leading Insurance Company](https://www.gasanmamo.com)** > > GasanMamo is Malta's leading insurance company, providing trusted insurance solutions and services. Experience the reliability of GasanMamo > **[Elmo Insurance](https://www.elmoinsurance.com)** > **[main - Citadel](https://www.citadelplc.com)** > > As a composite insurer we offer a wide range of products designed around innovative insurance solutions for better security and protection. I haven’t asked a quote yet from them but I’ll do soon. If you have any advises about them, please tell me. Do you live in [Malta](https://nomadgate.com/malta/) ? I’m actually in Gozo. See you ---
**Author:** ![MoltoMalta](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/m/50afbb/32.png) [@MoltoMalta](https://community.nomadgate.com/u/MoltoMalta)\ **Post date:** [December 21, 2018, 9:27am UTC](https://community.nomadgate.com/t/how-to-register-as-an-economically-self-sufficient-resident-in-malta/58/18 "2018-12-21T09:27:18Z")
What are your obligations once you have been granted residency based on self-sufficiency? I assume you might have to register for a tax number and submit tax returns. Anything else? Are you required to renew your health insurance annually, for example? ---
**Author:** ![nomadguy](https://community.nomadgate.com/letter_avatar_proxy/v4/letter/n/53a042/32.png) [@nomadguy](https://community.nomadgate.com/u/nomadguy)\ **Post date:** [January 29, 2019, 10:13am UTC](https://community.nomadgate.com/t/how-to-register-as-an-economically-self-sufficient-resident-in-malta/58/19 "2019-01-29T10:13:38Z")
Hi! I’m Italian, and am about to become self-sufficient resident in [Malta](https://nomadgate.com/malta/). I am moving to La Valletta in two weeks. I got two questions: - Is my Italian national health insurance valid? Here in Italy they can provide me with a certificate valid as a proof of coverage (form S1, ex-E106). - Is it possible to have a dual residence? Becoming self-sufficient resident in [Malta](https://nomadgate.com/malta/) while still keeping my Italian residence. I shall split my year in both contries nearly equally. Thanks in advance for your support! ---
**Author:** ![Thomas\_Giraud](https://community.nomadgate.com/user_avatar/community.nomadgate.com/thomas_giraud/32/1932_2.png) [@Thomas\_Giraud](https://community.nomadgate.com/u/Thomas_Giraud)\ **Post date:** [September 12, 2019, 10:17am UTC](https://community.nomadgate.com/t/how-to-register-as-an-economically-self-sufficient-resident-in-malta/58/20 "2019-09-12T10:17:02Z")
Hi, Did you find a solution? Thanks ! [Next page](https://community.nomadgate.com/t/how-to-register-as-an-economically-self-sufficient-resident-in-malta/58.md?page=2)