When looking to move to Malta, there are a number of factors that residents usually assess. Friendly locals, World Heritage protected sites, low crime rate, state of the art health care, a warm climate, strategic location and authentic Mediterranean food are but a few of the lifestyle advantages. However, Malta has many more benefits that are sometimes overlooked. Malta’s stable economy and its investment opportunities, its relocation...
A new Permanent Residence Programme has been launched for consultation today and will be tabled before parliament in the coming weeks. The new programme is expected to replace the successful Malta Residency and Visa Programme (MRVP) over the next 3 months. In his introduction, Hon. Alex Muscat – Parliamentary Secretary for Citizenship and Communities expressed that he “expected the immigration market to grow Post-Covid”, and that...
Malta has cultivated a healthy economic landscape which reaches the requirements of the investment market around the world. With ever-growing demand, the island registered a 6.6% GDP growth in 2017 and is home to a number of growing sectors, namely the financial sector, tourism, gaming, pharma, shipping and yachting, amongst other industries. Malta has also positioned itself as an ideal environment for investment in property, and it therefore...
As announced by Greece Prime Minister Kyriakos Mitsotakis, tax reforms are a “key priority” in order to attract more foreigners to invest in Greece. Amongst the reforms announced during the past month were tax reforms relating to immoveable property. Two important measures are the reduction of the ENFIA tax and the elimination of the 24% VAT on property purchases which will be applicable for three years. ENFIA Tax Over the past few...
Ta' Xbiex, Valletta most expensive A study by the housing authority has found the northern harbour area is the most expensive area to rent a two-bedroom apartment, while localities in the south east of Malta and Gozo are the cheapest. The study concluded that the 10 most expensive localities on average to rent out a two-bedroom apartment are: Ta’ Xbiex (€1,050), Valletta (€1,050), Kalkara (€1,050), St Julian’s (€1,000), Sliema...
Those looking for property services will need the right Malta property advisors to help with their real estate needs. Whether buying or selling, interested in residential or commercial property, planning for investment or inheritance, or looking at property as a foreigner - the right property advisors will make a huge difference. Property Advisors in Malta People buying and selling real estate can benefit from the services of qualified...
In a list of 59 countries from around the world, Portugal was considered one of the destinations with the best quality of life and work, occupying fifth position in the table. And it is even considered "home to some of the happiest expats in the world", reveals the Expat Insider 2021 survey developed by InterNations, which counted on the participation of 12,420 expats. Let's have a closer look at why expats consider Portugal...
Property has always been an excellent investment, not least because it can give you a return almost immediately when renting it out. However, as a property investor, you need to choose the right real estate opportunity to get the ideal return on investment. Our rental specialists have put together a few suggestions of where you can find some good opportunities around the Maltese Islands. Rental Investment Opportunities in the North...
Malta is known for having a robust well-regulated financial system, which has progressed into a strong industry including banking, accounting, and finance. Increased regulatory requirements have forced the industry to develop into the healthy system we have today. The Maltese banking and finance market is well integrated with its European counterpart, having shaped the financial framework through which companies can operate. Our...
Malta is an archipelago of islands found in the Mediterranean Sea. Enjoying a warm sunny climate and a safe high-quality lifestyle with excellent healthcare and education, it’s no wonder many are choosing to relocate to Malta. Persons looking into their options when considering moving to Malta must investigate the rules and regulations when it comes to real estate. Purchasing property in Malta is quite straightforward, but what about selling...
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