Malta Inheritance and Gift Tax Guide 2026

Overview — No Inheritance Tax

Malta does not impose inheritance tax, estate duty, or death duty on the transfer of assets from a deceased person to their beneficiaries. This applies regardless of the relationship between the deceased and the beneficiary. The absence of inheritance tax makes Malta a very attractive jurisdiction for wealth planning and succession. Unlike most EU member states, Malta has no tax on the estate itself or on the beneficiaries' inheritance.

Inheritance by Spouses and Children — Fully Exempt

Transfers of assets to spouses and direct descendants (children) are fully exempt from any inheritance-related tax. This includes:

• Cash and bank deposits
• Shares and securities
• Movable personal property (vehicles, jewellery, art)
• Immovable property (subject to stamp duty — see below)

The exemption applies automatically — no filing or election is required. There is no limit on the value that can be inherited tax-free by a spouse or child.

Gift Tax — No Gift Tax on Direct Line

Malta does not impose a gift tax on transfers between living persons. Gifts of cash, shares, or movable assets to spouses, children, parents, or other relatives are not subject to gift tax. However, stamp duty may be payable on the transfer of immovable property by way of gift (see below). Gifts to non-relatives are also free of gift tax but may be subject to different rules if they are considered to be a disposal for inadequate consideration.

Stamp Duty on Property Transfers

While inheritance and gifts are generally tax-free, the transfer of immovable property by way of inheritance or gift may be subject to stamp duty (transfer duty) at the following rates:

• Inheritance of property by spouse or children: 0% stamp duty (fully exempt)
• Gift of property to spouse or children: Reduced rate of 2-5% depending on the value
• Inheritance or gift to other relatives: Standard stamp duty rates apply (5-8%)

The stamp duty is calculated on the market value of the property at the date of transfer.

No Wealth Tax

In addition to the absence of inheritance and gift taxes, Malta has no wealth tax. Individuals are not subject to any annual tax on their net wealth, bank deposits, investments, or personal assets. This further enhances Malta's attractiveness for high-net-worth individuals and families establishing residency in the country.

FAQs

Do non-residents pay inheritance tax on Maltese assets?

No, Malta does not impose inheritance tax on any assets located in Malta, regardless of the residency or domicile of the deceased or the beneficiary. However, stamp duty may apply to property transfers by way of inheritance.

Is there a forced heirship regime in Malta?

Yes, Maltese law includes forced heirship rules that require a portion of the estate to pass to the spouse and children. The rules vary depending on the number of children and the matrimonial property regime. Professional legal advice is recommended for succession planning.

Disclaimer

This guide provides general information about Maltese inheritance and gift tax for the 2026 tax year. Tax laws may change. Always consult with a qualified Maltese tax advisor or legal professional for advice specific to your situation. InvestmentKit does not provide tax advice.