An ever-increasing number of people are buying property in the Maltese Islands. Why Malta? Why not Spain, Portugal, France or Cyprus? There are many advantages to buying a property in Malta, whether to live in, as a holiday home, or even as an investment. Anybody seeking a peaceful way of life, a home in the sun and an oppurtunity to benefit from a tax regime where the maximum rate is 35% (non EU citizens with a permament residency permit pay a flat rate of 15% ) , should give Malta number one consideration. Property in Malta has historically always increased in value, thereby making it a sound investment. This is due to the size of the Maltese Islands, the culture of home owner ship, as well as the supply and demand of property.
Reasons for choosing Malta are many, here are just a few:
Eu Member Country
English-Speaking
Beautiful climate all year round
Peaceful and safe way of life
Low cost of living
Excellent social life
Low taxation rates
Abundance of history and cultural heritage dating from over 6000 years ago
Freedom of movement
Funds plus profits may be repatriated
Excellent local mortgage faciliites
No rates or local council taxes
Favourable double taxation agreements with many countries
Specialized health services and Hospitals
Abudance of high standard retirement homes
Succession duty at a flat rate of 5%
Mortgage facilities with international banks
We aim to keep the content of the website accurate. However, we do not accept liability for any damage or loss as a result of use of the information provided within this website. malta-property.co.uk is the trading name of Pelican Properties (UK) Limited Registered in England Company Number 06129269