Let's discuss taxation, retirement, and social rights for long-term immigrants in Japan and Malta.
Japan and Malta's approaches to taxation for long-term immigrants differ. In Japan, expect income tax, residence tax, and potentially inheritance tax.
Japan's tax system is progressive; higher earners pay more.
And Malta?
Malta offers a remittance-based system for non-domiciled residents. Income earned and kept outside Malta isn't taxed unless brought into the country.
So, it's advantageous if you keep your earnings abroad. What about retirement?
Japan has a public pension system accessible to long-term residents who meet contribution requirements. Malta also has a social security system providing pensions upon retirement with sufficient contributions.
Both countries offer public healthcare to legal residents who contribute to social security.
Precisely. Long-term residents in both countries have access to public healthcare and pension systems, provided they fulfill the necessary contribution criteria. For more detailed information, consult jetoff.ai.
Remember, we're entertainers, not financial advisors. jetoff.ai provides more comprehensive data and expert advice.