Malta
Malta is an EU and Schengen member that uses the euro. Most skilled non-EU workers come on a Single Permit, with faster tracks for higher earners: the Key Employee Initiative, the Specialist Employee Initiative and the EU Blue Card.
For information only. This guide provides general information only and does not constitute immigration, legal, or financial advice. Visa rules, salary thresholds, and qualification requirements change frequently. Always verify critical decisions with official government sources and a qualified professional. Full disclaimer ↗
Banking in Malta for Expats
To open a bank account in Malta you generally need an identification document, a Maltese residence permit if you are a non-EU citizen, a document confirming your link with Malta (for example a valid work contract) and confirmation of your tax residency. Requirements differ by bank.
If you're coming from your home country:
Bank Account Comparison
| Bank | Type | Notes |
|---|---|---|
| HSBC Bank Malta | Full-service bank | Retail bank whose account-opening page lists the documents above. |
| MeDirect Bank (Malta) plc | Full-service bank | Bank regulated by the Malta Financial Services Authority. |
| BNF Bank | Full-service bank | Bank operating in Malta. |
🪪 About your tax identification number
Banks and employers ask for your unique taxpayer reference number. For non-Maltese nationals it is generated following the submission of a completed registration form with the tax authority (MTCA). Online tax returns use your E-ID login.
Documents you'll need
- ✓ Identification document: national ID, Maltese residence card or passport
- ✓ A Maltese residence permit (required for non-EU citizens)
- ✓ A document confirming your link with Malta, such as a valid work contract
- ✓ Confirmation of your tax residency and your tax identification numbers
📊 Real Migration Numbers
Visa processing time
Based on 7 submissions to Malta
would make the same move again
Based on 7 submissions to Malta
Community surprise
Banking / financial setup was difficult
Based on 7 submissions to Malta
Anonymised community data. Minimum 5 submissions per data point.
Add your data →