I’m a French frog and after some research, I have my eyes set in Malta . I want to set up residency there and work abroad around 180 days/per year as a contractor in Continental Europe and UK. Crucial for me is the tax regime, as EU countries where I have demand for my work have high income tax rates as well as property/wealth taxes.
Putting aside tax considerations of the countries I’ll work in (thanks for the link to PWC tax summaries), I’m currently undecided about what route to take for Maltese residency. There are 3 possibilities for EU citizens:
- Self-employed: seems really easy;
- Self-sufficient: equally simple, but is this something that you can take when you want to work abroad? seems more appropriate for duly retired people;
- Company Owner: which can make my life easier when working abroad, since invoices would be to a foreign entity, thus creating conditions to avoid tax-residency discussions and other issues. But to what extent can this change the tax attractiveness of Malta? Would offshore company profits be taxable in Malta beyond the minimum tax rates of “ordinary residence” citizens?
That said, does anybody have strong opinions about how an international contractor should ideally set up residence in Malta? Also, any tips on dealing with UK and Dutch tax offices when residing in the tiny island, but working less than 183 days/year in those locations?
Many thanks in advance!