The MFSA has recently confirmed VFA
Service Providers as part of the list of senior positions
eligible to apply for Tax Residency under
the HQP Rules.
The Highly Qualified Persons Rules (HQP) is a Tax Residence
Programme in Malta introduced with the sole aim of
attracting highly skilled professionals from around the world to
the island.
This scheme was introduced by virtue of L.N. 106 of 2011 and
prolonged to these other sectors by the Legal Notice 141 of
2018.
The cryptocurrency-friendly jurisdiction
that Malta has created has already attracted major cryptocurrency
exchanges in the world who are to set up offices on the island. The
stable system and the forward approach that Malta has to offer is
creating the ideal setting to attract further investment. Being the
first country to have its regulatory framework for Blockchain
technology, Malta can be considered at the forefront for
embracing this revolutionary innovation. On the 4th July 2019, the
Maltese
