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Acquisition of Immovable Property by Foreigners

We assist non-Maltese on whether an AIP permit is required, what tax rates apply and what schemes/incentives are open from time to time.

The conditions for buying immovable property in Malta vary depending on whether the individual concerned is a Maltese / EU citizen or a non-EU citizen. Other criteria include whether the property to be purchased is one’s primary residence or a secondary residence, the location and value of the property and the title by which one intends to acquire the property.

Therefore, one should seek professional advice to be in a position to understand whether a permit under Chapter 246 of the Laws of Malta is required or not.

When a permit is issued, the property purchased cannot be lower than certain minimum thresholds established by the competent Minister from time to time.

Certain properties which lie in specifically designed zones known as ‘special designated areas’ may be freely purchased by any person without the need for a permit.

Currently the Special Designated Areas are the following:

  • Fort Chambray, Għajnsielem, Gozo
  • Portomaso Development, Spinola, St. Julian’s, Malta
  • Cottonera Development
  • Manoel Island/Tignè Point, Gżira and Sliema, Malta
  • Tas-Sellum Residence (Mellieħa Project)
  • Madliena Village Complex
  • SmartCity
  • Fort Cambridge Zone, Tignè
  • Ta’ Monita Residence, Marsascala
  • Pender Plance and Mercury House site
  • Kempinski Residences, San Lawrenz, Gozo
  • Metropolis Plaza, Gżira
  • Portomaso Extension I, St. Julian’s
  • Pender Place and Mercury House site, Extensions I, II, III, IV and V, St. Julian’s
  • Visa Point, Marsalforn, Gozo
  • Quad Business Towers, Mrieħel
  • Southridge, Mellieħa
  • Mistra Heights
  • Quad Business Towers, Mrieħel, Extension I
  • Verdala Terraces
  • Pender Place and Mercury House Zone, Extension VI, St. Julian’s

Likewise, there is no need for any permit to acquire a property through inheritance.

Our Service & Commitment at James Grech & Associates: Notaries Public:

  • Advice on one’s position at law with respect to AIP permits
  • Applications for AIP Permits
  • Follow-up of the application

Are you looking for our advice?

Let us assist! Call now on +356 2733 1527
·  Mon – Fri 09:00-17:00
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