Income Tax

Hi,

I am currently living in Germany and considering moving to Malta in March this year (non domiciled but resident). I am self-employed and I make a living providing consulting to a US based client. My I'm getting paid through Wise.

My goal:

I want to reinvest the money I make from consulting in buying apartments and renting them. But this would be in another country (EU or Non-EU, don't know yet).

Now I'm looking for a LEGAL way to optimize my income taxes made from consulting so I can reinvest that money.

On Malta's offical government site it says you only have to pay taxes in Malta on income/funds remitted to Malta or that were earned in Malta itself. I understand I need to speak to a tax expert but I would like to get some information from this forum first.

my questions:

1. How can I have only 20% of my consulting income to be taxed in Malta and the remaining 80% invested in my real estate business?

2. As I'm using Wise as payment method is the total amount on my account considered as Maltese income and therefore taxable?

Thanks