Malta’s Duty on Documents and Transfers Act provides several schemes allowing for the reduction in duty on the acquisition of immovable property. These are some schemes available:• The First-time buyer scheme• The Second-time buyer scheme• The Gozo Property Scheme• The Urban Conservation Area Property Scheme• The Transfer of Family Business Scheme Additionally, currently both sellers […]

The law is quite straight forward, where it will become mandatory that all those who work in the sector must have a valid licence come 1st January 2022. The date chosen of when the law comes into force was chosen after we were certain that we have enough fully licensed training institutions which could offer the necessary courses.

Operators in the Real Estate and Construction sector are invited to join a high level delegation from Property Malta in Dubai from the 5th to the 10th of Novermber 2021.

Packed with insightful information, statistics and best practices related to the property sector, the first installment in a series of the bi-monthly publications, published by Property Malta in collaboration with Malta Today newspaper, is out now and can be downloaded here. This series is intended to showcase some of the past work of the Foundation, […]

Enterprises operating in the real estate sales sector can benefit from a new Co-Financing Scheme launched today by Parliamentary Secretary for Lands and Construction Hon. Chris Agius and the President of Property Malta Foundation, Sandro Chetcuti.

Malta hosts a thriving community of entrepreneurial digital expats coming from other EU countries, who come to make the most of what the country has to offer in terms of climate, lifestyle and networking opportunities with like-minded people, adding more value to this growing community.

  Malta’s Prime Minister Robert Abela has declared he is confident Malta will be the first country to recover economically from the Covid-19 pandemic. He made this statement during a telephone interview shortly after the first Covid-19 vaccination was administered in Malta. Dr Abela added that while people’s health is being safeguarded, the country will […]

  Dr Hans Kluge, the Regional Director for Europe of the World Health Organisation, who visited Malta in October,  has praised Malta for the measures it has taken which he has described as timely, to curb the spread of Covid-19. In a Twitter post, Kluge praised the work of Deputy PM and Health Minister Chris […]

  With no less than 850 vessels bigger than 24 metres, Malta’s Shipping Register can now boast of being the world’s largest register of superyachts. This means that nearly one in every 13 superyachts around the world are now registered in Malta. More and more superyachts, owned by some of the world’s wealthiest people are also […]

Malta’s budget for 2021 presented to the House of Representatives by the Hon. Prof. Edward Scicluna, Minister of Finance on 19 October 2020, prioritises the country’s economic recovery from the COVID-19 pandemic with a deficit of €1.2bn that is expected to continue at a decreasing rate until 2023. The Malta Developers Association (MDA) welcomed incentives boosting […]