Tax on money earned from another country sent to Malta

You will be liable to tax on income remitted to Malta from elsewhere unless it is from capital.
Some countries have double taxation agreements with Malta so that you can set tax already paid against what is due.

If you withdraw cash in Malta from that foreign based bank account, that is also considered remitted to Malta and thus taxable.

You can of course incorporate offshore and only withdraw the money you need to cover expenses (yes, i know that this company might be considered Maltese resident, but I think it is unlikely they will challenge that). It is expected that non domiciled residents have an offshore company.

oddis71 wrote:

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You can of course incorporate offshore and only withdraw the money you need to cover expenses (yes, i know that this company might be considered Maltese resident, but I think it is unlikely they will challenge that). It is expected that non domiciled residents have an offshore company.

@oddis71: How can an offshore company be considered Maltese resident just because company owner is residing in Malta while business is done and income is generated outside of Malta?

If you are a director and Maltese resident, company can be regarded as Maltese resident because it is run and managed from Malta. But as I said, it is not likely they will challenge that.

What about using an overseas credit card for payments? Would it still be considered a remittance? Is it likely to be checked by the tax man?

Ask yourself if you get audited and someone asks the question "did you do this to deliberately try to avoid paying taxes on money that you could have brought here in the normal fashion?" if the answer anything but unequivocal "no" then don't take the chance.