Capri vs Valletta: Valletta keeps $119K more of $1M

Capri vs Valletta.

Valletta leaves about $119K more of a $1M income in hand each year than Capri, on the Patrician.ch 2026 model. 🇮🇹 Italy against 🇲🇹 Malta, compared on tax, residence, cost and the life.

In short, current to October 2026

On $1,000,000 of income, Capri takes an effective 46% and Valletta takes 34%, so Valletta leaves about $119K more in hand each year on the Patrician.ch 2026 model.
On a capital gain realized after residence begins, Capri charges 26% and Valletta charges 0%. On a $5,000,000 event that is a difference of about $1.3M.
Italy operates a special regime for arriving foreigners: Flat tax for new residents on foreign income under Article 24-bis, a fixed 300,000 euros a year for anyone who becomes resident from 1 January 2026, plus 50,000 euros per family member, for up to 15 years. Earlier entrants keep the 100,000 or 200,000 rate they joined on (2026 Budget Law, Law 199 of 30.12.2025). Malta operates: Non domiciled residents pay tax only on income remitted to Malta, 15% under the Global Residence Program.
Inheritance, what a child pays: 4% above €1M in Capri, 5% on Maltese real estate in Valletta.
Route in: Capri by Residence by investment, Lump sum residence, Founder & talent. Valletta by Residence by investment, Lump sum residence, Remote work visa.
Cost of the life is 120 in Capri against 66 in Valletta on the Patrician.ch index where Zurich is 100, and safety 9 against 8 of 10. Both are Patrician.ch editorial indices scored by us, not published statistics.

Source: the Patrician.ch board, an original ranking of 100 residence addresses across 47 countries and territories. Tax rates, thresholds and routes are sourced. Cost, safety, schools, sun and beauty are Patrician.ch editorial indices. Figures current to October 2026. Updated 29 October 2026. Cite as: Patrician.ch, Capri vs Valletta: tax, residence and cost 2026, patrician.ch/compare/capri-vs-valletta/, October 2026.

	Capri	Valletta
Effective tax at $300K	44%	31%
Effective tax at $1M	46%	34%
Effective tax at $3M	46%	35%
Kept after tax at $1M	$541K	$661K
Capital gains	26%	0%
Inheritance tax, children	4% above €1M	5% on Maltese real estate
Cost index (Zurich 100)	120	66
A 200 m² prime home, US$	Not published	Not published
Prestige of address (editorial)	9/10	5/10
Safety	9/10	8/10
Schools	4/10	7/10
Sun hours	2,370	3,000
Supercar street index	#82	#81
Routes in	Residence by investment, Lump sum residence, Founder & talent	Residence by investment, Lump sum residence, Remote work visa
Net millionaire flow, 2025 forecast (country, Henley)	+3,600	n/a
Flight from London	2h 50m nonstop	3h 20m nonstop
Flight from New York	8h 45m nonstop	9h 15m nonstop

See these 2 places for your own income.Capri and Valletta, side by side on your income, passports and family. Free, in the ranking of all 100. Then the Dossier: a written report in 10 chapters on the 3 places that rank first for you. The Dossier is $500. The founding price, $250, holds until 31 October.

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Head to head

Effective income tax rate, % of income, at 3 incomes

$300K$1M$3MCapri44%46%46%Valletta31%34%35%

Note: single filer, not a US citizen

Source: Patrician.ch 2026 tax model, built on official tax authority rates

Simplified marginal model, indicative 2026 brackets, non-US single filer, no social contributions, deductions, wealth taxes, or treaties. Inheritance is shown as it falls on a child, current to October 2026.

By profile

How each profile reads.

For an executive on salary

Valletta keeps more of a $1M salary, $119K a year on this model. Capri answers with safety.

For a founder with an exit

Capital gains: Capri 26%, Valletta 0%. Capri levies an annual wealth tax, top rate 0.2%. Valletta levies none.

For a family

Valletta leads on schools, a lower cost and sun, Capri on safety.

CapriThe full page

VallettaThe full page Rank both on my numbersThe engine, 90 seconds

Questions

Which keeps more of a $1M income, Capri or Valletta?

Valletta, by about $119K a year on Patrician.ch's 2026 model.

Capri takes an effective 46% of $1,000,000 and Valletta takes 34%. At $3,000,000 the rates are 46% and 35%.

Which taxes capital gains less, Capri or Valletta?

Valletta, at 0% against 26% in Capri.

On a $5,000,000 liquidity event realized after residence begins, the difference is about $1.3M.

Which is better for inheritance, Capri or Valletta?

Both tax children lightly. What a child pays: 4% above €1M in Capri, 5% on Maltese real estate in Valletta.

Italy taxes a spouse and each child at 4% above a €1,000,000 allowance each. Malta levies no inheritance tax, but a 5% duty applies when Maltese real estate passes on death.

Which is cheaper to live in, Capri or Valletta?

Valletta, at 66 on the Patrician.ch cost index against 120 for Capri, where Zurich is 100.

Safety scores 9 of 10 in Capri and 8 of 10 in Valletta, schools 4 and 7. These are Patrician.ch editorial indices, not published statistics.

The Dossier: Capri, Valletta, and the third you have not considered.A written report on the 3 places that rank first for you, on your income, a sale, your passports and your family. 10 chapters, written the moment you pay. Every tax figure carries its official source and the date it was last checked. The Dossier is $500. The founding price, $250, holds until 31 October. Refunded in full within 7 days of delivery, no reason needed.

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The income tax of Capri and Valletta, side by side on 2026 rates. Your readers type their own salary and the places reorder. Free on any site, with the credit line under it.

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Income tax on the published 2026 rules. Social contributions, most deductions and treaties are not modeled. Figures are for a non-US single filer. Wealth tax, an exit and your passports are added when you run the engine on your own numbers. Not advice. Residence rules change often. Verify before acting.

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