Yes
All citizens from a non-EU country need a permit to buy immovable property.
Citizens from an EU country including Maltese citizens who have not resided in Malta for at least 5 years who are buying a holiday home (secondary residence) require a permit (AIP – Acquisition of Immovable Property Permit) from the Inland Revenue Department. This permit is granted within 6/7 weeks.
Yes.
A) If an EU citizen declares on his contract of purchase that he intends to purchase the immovable property as a primary residence i.e. permanent resident.
B) If any foreigner (even non EU) purchase immovable property in a special designated area.
C) If an EU citizen has been a resident of Malta for more than 5 years.
D) PROPERTY REQUIRED FOR BUSINESS ACTIVITIES OR SUPPLY OF SERVICE : No permit granted unless required for an industrial or touristic project or as a contributor to the development of the economy of Malta. AIP THRESHOLDS : APARTMENT OR MAISONETTE – €136,972; HOUSE – €236,582
EU citizens may only buy one property unless (1) they have been resident for at least 5 years and (2) they buy in a special designated area and (3) the second property is required for the person’s business activity or supplying of services.
Those EU citizens who have already lived in Malta for a continuous period of 5 years may purchase another property, without the necessity of a permit, immediately.
No, except in special designated areas.
No, except in special designated areas. Yes, they can. There are no restrictions on special designated areas.
Yes, if the property is in a special designated area.
Yes, as long as 75% of the share capital is held by persons who are citizens of the EU and who have resided in Malta continuously for 5 years. The company operates in an EU state and all directors must have 5 years residence qualifier.
In other cases, a permit will only be granted if the property is required for an industrial or tourist project or as a contributor to the development of the economy of Malta.
No.
A) The value of the immovable property has to be not less than €136,972 in case of Apartments/Maisonettes and €236,582 in case of houses.
B) The property has to be used solely as a residence for applicant and his family.
Yes, he can as long as he can produce an architect’s certificate showing that the property requires additional costs, which bring it to the level of the threshold to make it habitable.
Yes, these are linked to the property price index, which is published in the Government Gazette every year.
Foreigners may rent the property as long as;
A) It is in a special designated area.
B) It is issued with a license from the Ministry of Tourism Authority under “Superior” and “Comfort” category.
Submit the relevant application to the Ministry of Tourism Authority.
Yes.