Malta is a country at many people’s center of attention. People and businesses who think of the world as one global place, see the opportunity that Malta represents.
That means that Malta also has a dynamic and shifting real estate market that has some important intricacies to it.
Finding a home is about more than just making a list of must-haves and then buying the property that fits the bill and is closest to work. Conversely, selling a property in Malta’s hot real estate market also takes strategy.
From the perspectives of both tax rates and regulations, the Maltese government is obviously paying close attention to the property market in Malta and is set on actively participating. Some of these stipulations apply in particular if you’re buying property in Malta as a foreigner.
This guide will walk you through all of the finer details of buying and selling property in Malta from the taxes involved to how your nationality affects the rules you need to follow.
Continue reading “Your Guide to Buying (or Selling) Property in Malta”