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Foreigners of any nationality may establish residence in Malta. It has always been Goverment policy to encourage foreigners to take up Residence. Advantages for those who would like to settle in Malta.
Main Advantages
Funds plus profits may be repatriated using both country and currency of choice.
Local mortgage facilities are available up to 90% of the purchase price
Deeds and documents are read and published in English
Preferential tax regime and concessions
Multiple property purchase permitted in special designated areas
Properties with swimming pools may be rented out
No rates or local council taxes
Anyone can purchase property in Malta. However, there are different conditions depending on whether the non-Maltese national is a Temporary, Returned Migrant or Permanent. |