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georgeingozo wrote:

There is no tax on withdrawals from an ATM

There is a potential tax liability on bringing income into Malta, whether by ATM, bringing in physical cash when you fly in, or by transferring money into a bank account.

Yes........and that's why I was saying that - in my case - that I think I'm better off just handling all money matters by way of ATM - keeping things simple.

georgeingozo wrote:

Having a Maltese bank account makes no difference to whether you will owe tax in Malta.

Tax liability depends on 2 things

1. were you in Malta for more than 180 days in a calender year ? If yes, you have to fill in a tax return
2. did you earn money in Malta, or did you bring income into Malta in excess of your tax free allowance ? if yes, you owe tax (subject to deducting tax already paid on it if a double taxation agreement applies, or if tax already paid on any income earned in Malta)

Thank you.......that is precisely the kind of response that I was hoping for. It answers everything I needed to know. Now I have enough information - financially speaking - to be able to proceed with confidence.

AmerigoFilippo wrote:

xxx .........will explain this edit later.

AmerigoFilippo wrote:

Well, from all that I have been able to ascertain - as a retired resident citizen of Malta by way of my membership in the European Union I am free to live as I please. I will be able to live in Malta with no financial or living problems whatsoever in much the same way as when I lived in Rome i.e., hassle free, with no concerns regarding apartment rental or property ownership, banking or income taxes, with all monetary transactions done through the ATM with bill payment done through Postal Money Orders, and no need to even file any income tax forms at all. Thank you for all the helpful input.

The above post was taken down temporarily because I wanted to avoid any further accusations against my good character. see here /forum/viewtopic.p … 85#2183344
Besides, I needed some time to think a few things over such as deciding whether I wanted to continue posting in this Forum.

My comments about taxes were in regard to my overall personal financial status, which I will not disclose in an open forum. But I can assure you that I am not in a taxable category as far as Malta is concerned. As I mentioned in my opening post ...   ...   ..."Having no business dealings or employment issues to be concerned about," as well as no other kinds of earnings taxable as 'income' taking place under the Maltese flag.

Those personal comments are all absolutely true to heart and were made apart from my general understanding of the law and of a keen awareness of my own particular responsibilities to the government of Malta upon entry onto the islands. This includes everything from application for medical coverage to filing the proper forms regarding 'possible,' but highly improbable levies of taxation. For anyone to imply otherwise would be guilty of a prejudicial sentiment: and in this case perhaps a decidedly anti American one; after all, how could one but think otherwise.

Seat 0A wrote:

Filippo, this forum is normally a really nice place to ask all sorts of questions. I don't know what happened here.

OK I'll tell you "what happened here" - in the "redmik" posting below, coupled with his misunderstanding of what I said - I was accused of potential malingering and of trying to "game the system" - you know, of 'getting-over' and/or attempting to hoodwink the Maltese authorities.

I tried to explain that I was being misunderstood regarding my inquiries about taxation in these Forum(s), but the 'accuser' would have none of it, so I concluded from that that I was a victim of prejudice - anti American or otherwise it makes no difference.

Of course his charges against me made me very upset to the point of taking a rigorous stand against the accuser, who actually states in the post below that it was my direct intention to ignore all of the requirements of law and of the state with respect to becoming a "citizen in good standing" in the nation of Malta.
---------------------------------------------------------
Please know that I surely am not in need of a tax lawyer, but because of the abuse that I was subjected to I have decided to look elsewhere for answers to basic, but important questions such as taxation and general money matters.

redmik wrote:

I cannot understand where on earth you got the ideas you have and the conclusions you have drawn from. 
To abide by the law, (your choice), you should register for tax and apply for E-residence by the time 90 days are up and if self sufficient prove you have the means to sustain yourself. It is of course possible to just turn up and live your way but consider this; what if you have health issues? What if you are involved in any incident that attracts Police attention? What if you need help sometime? If you do not comply, technically, you would be an illegal immigrant.
Read this  /forum/viewtopic.php?id=370643 then read it again and then decide if you are going to abide by the law.

GBS14 wrote:

Ha ha , I wouldn't worry about it Fillipo , if you follow this forum long enough , you'll soon realise that Redmik could start an argument in an empty room !!!!😀 - keep asking your questions though , you'll find plenty of helpful people and generally sound advice ðŸ·ß

Thanks for that....

GBS14 wrote:

Ha ha , I wouldn't worry about it Fillipo , if you follow this forum long enough , you'll soon realise that Redmik could start an argument in an empty room !!!!😀 - keep asking your questions though , you'll find plenty of helpful people and generally sound advice ðŸ·ß

Usually because people do not read and comprehend correctly the information that is posted.
Or, do not accept that the stated information, given with good intent, is not what they want to read or accept.
Or, make asinine comments on a subject, about which, they know nothing.
I note your one and only contribution is contentious itself.
Are you a Troll? Seems like it to me.
If not, how about giving us all the benefit of your advice?

Roger Rabat wrote:

   RR

Oh, you're so fickle!   

GBS14 wrote:

It's called " self-awareness " 😀ðŸ·ß

Thank you for that patronising comment and for giving me the benefit of your insight.
I am fully aware of that and many other aspects of self knowledge, personal development and emotional IQ from my previous professional and post graduate training, practice and my own teaching on those subjects.
As I say, this is nothing to do with you and you have nothing to do with me.
Go practise your 'counselling' on someone else.

tearnet wrote:

"This is not a chat forum"
Why is it called ´ó¿§¸£ÀûÓ°Ôº then?
Terry

From the Forum Title Page

Expat forum
Ask your questions and share your experience on life abroad.

So, not exactly Facebook, is it?
Obviously some chat here but should only be relevant to the subject matter, no?
If it is for chit chat, then I stand corrected.