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Money matters

Capital Gains tax in Malta

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Capital Gains tax in Malta

Postby Flashpacker » Tue 5 Dec 2017 17:03 GMT

Hi All,

I'm a self employed Sole Trader moving to Gozo to live in a few weeks time.

I made some investments in the UK (Cryptocurrency) about a year ago and plan to cash
them in in early in 2018 (by which time I will be living on Malta). Does
anyone know what the situation would be with Capital Gains Tax. I had read
that if living in Malta and cashing in overseas investments then there
is no capital gains tax to pay, is this the case?

Best,

Mark
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Flashpacker
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Re: Capital Gains tax in Malta

Postby gozomark » Thu 14 Dec 2017 11:14 GMT

yes, its true, as the tax law currently stands - capital gains made overseas are not taxable in Malta
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