Buying immovable property in Malta as a foreigner

Buying immovable property in Malta as a foreigner

Buying immovable property in Malta as a foreigner presents unique opportunities and considerations. We specialize in assisting non-Maltese clients navigate the intricacies of property acquisition in Malta, ensuring a smooth and compliant process.

For foreigners, the acquisition of property in Malta often requires an Acquisition of Immovable Property (AIP) permit. This is necessary unless the property is located in Special Designated Areas, where purchases can be made freely without the need for such permits. Currently, these areas include Tignè Point in Sliema, Portomaso and Pender Place and Mercury Towers in St. Julian’s, and Fort Chambray in Għajnsielem, Gozo. Our team provides expert advice and assistance in determining whether an AIP permit is required for your intended purchase, and we handle all aspects of the application process if needed.

Understanding the tax implications and available incentives is crucial for foreign buyers. We offer comprehensive guidance on the applicable tax rates for property purchases in Malta. This includes information on stamp duty, final withholding tax, and any other relevant taxes. Additionally, we keep our clients informed about various schemes and incentives that are open from time to time, which can offer significant benefits to foreign investors.

Our services extend beyond legal advice and documentation.

We provide a full spectrum of support, including liaising with real estate agents, conducting due diligence to ensure the property’s legal standing, and guiding you through the financial aspects of the transaction. Our aim is to make your property purchase as seamless and beneficial as possible.

Foreigners interested in purchasing property in Malta will find a welcoming and attractive market, especially in Special Designated Areas. With our expertise at Sceberras Trigona Notaries & Associates, you can confidently navigate the legal landscape of buying immovable property in Malta. We ensure that your investment is not only a sound financial decision but also a pleasant and rewarding experience, complying with all Maltese laws and regulations.