Identifying the Common Pitfalls in the Malta Property Market
August 19, 2024
Navigating the Malta property market can be an exhilarating experience, yet it also presents its
As an international buyer looking to purchase property in Malta and Gozo, you can expect a relaxed lifestyle, warm weather, a diverse community, and great opportunities for entertainment and travel. Luckily, buying property on these islands is a hassle-free experience.
At Malta Property, our extensive portfolio offers a wide range of luxury properties, so with our user-friendly search filters and dedicated real estate agents, finding your dream home is easy.
The Global Residence Programme is designed to optimize tax and residency status for Third Country Nationals who purchase property in Malta and Gozo. Qualifying applicants can benefit from a 15% personal tax rate on income received in Malta and have freedom of movement in Schengen Areas. To qualify for this program, follow the updated guidelines or contact a Malta Property expert for more information.
For those interested in Maltese citizenship, the Individual Investor Programme offers a route to citizenship if all the requirements are met. Applicants must be at least 18 years old and provide proof of residency in Malta for a minimum of 12 months. They must purchase a property worth at least €350,000 or rent a property for a minimum of €16,000 per annum. They must also purchase €150,000 in government stocks that they cannot sell for 5 years. To qualify for the citizenship scheme, a number of contributions must be made.
Navigating the Malta property market can be an exhilarating experience, yet it also presents its
Buying your first home in Malta is an exciting journey, but it can also feel
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