If calling from the UK
kindly call on our
UK telephone line
0871 711 8989
Malta Free Phone: 80073737
Head Office:
47, St. Julians Seafront,
St. Julians, Malta.
Tel: (+356) 21 38 41 90,
21 38 39 66.
Fax: (+356) 21 37 72 97.
Fax: (+356) 21 38 39 43.
Qawra Office:
2, Triq il-Kurazza,
Qawra, Malta.
Tel: (+356) 21 57 44 23,
21 57 44 24.
Gozo Office:
37, Republic Street,
Victoria, Gozo.
Tel: (+356) 21 56 66 90,
21 56 66 91.
[email protected]
|
|
|
Purchase Conditions
|
EU nationals and any other nationalities are entitled
to purchase only one residential property in Malta or
Gozo (unless the second property purchase is in a Special Designated
Area such as Portomaso, Tigne project, Cottonera Waterfront
and Chambrai in Gozo. Here one may acquire any number of
properties and do not require any permit from the government
to purchase even if you are buying as a second home) and
is subject to the acquiring of an Acquisition of Immovable Property
Permit (A.I.P Permit) from the Ministry of Finance, which normally
is issued within three months, subject to the conditions listed
below:
-
The purchase price must be at least
Lm 42,519 / € 99,043 in the case of an apartment,
masionette, penthouse and Lm 70,845 / € 165,024 in
the case of any type of house.
-
Proof that funds for the purchase
of the property have originated from abroad.
In the case of E.U. citizens who will be resding in Malta permanently
there is no minimum purchase value requirements. However, this
only applies if you do not own another property within
the E.U. or if you have already resided permanently on
the island for a period of five years. E.U. citizens residing
permanently in Malta for a continuous period of 5 years may
acquire a second property.
PLEASE NOTE THAT THE CONDITIONS FOR NON E.U. CITZENS ARE
AS POINTS 1 AND 2 ABOVE.
|
|
|
|
 |
