Thanks a ton for your reply Thomas, really helps me out a lot! It’s incredibly hard to find decent information on this topic.
One thing to note is that it might take a bit more than 4 weeks to get your residency card in Malta, particularly when you register as self-sufficient. So I’d recommend registering ASAP upon arrival.
Alright will do. As I understand you too went through this process. Did you already have place rented when you signed up? I think your guide says that it isn’t really necessary to show a contract, right? Was the process smooth, did they ask a lot of questions?
In practice not really, as long as someone living on the address they have on file for you is willing to open or forward mail to you.
At the moment I hope I get lucky with the people I rent the AirBnb room from. Plan B could be a post box or something. Any recommendations?
Note that if you do spend e.g. 2-3 months per year in Malta and do work (say freelancing, consulting, writing, or any other type of work) even if it’s for a client outside of Malta, the income it generates is still considered Maltese source, and should be taxed in Malta.
I guess that’s why most people get some sort of company in a different country? I gain most of my income passively, through affiliate and ad type of stuff. It’s impossible to say how much money I earned/ will earn from the work I did in a specific month. One might actually argue it’s some sort of investment income. I’d probably just bring a reasonable amount in to pay costs of living and pay at least some tax.
So just as an example: I spend 3 month on the island and bring ~2k Euro in for every month. As soon as I leave for traveling I’ll stop bringing money into the country and at the end of the year I get an accountant and file taxes for the 6k I brought onto the island. Does that make sense?
Thanks again!