The past couple of decades have seen an influx in the number of foreigners moving to Malta to purchase or rent property.
After all, the Islands have plenty to offer – a typically Mediterranean climate, great history, culture and entertainment options, an English-speaking population, relatively low costs of living when compared to other parts of the EU, high standards of healthcare and education, and a fantastic selection of properties to rent or buy.
Ofcourse there are various stages to go through. Renting is easier, and there are many good estate agents in Malta that will be able to guide you. If you are purchasing or investing, you will need to first establish the location where you want to buy, as well as the style of home.
Once that is sorted, there are numerous permits to be applied for, including sorting out the Promise of Sale agreement with a notary (known locally as a Konvenju), as well as carrying out the appropriate searches to verify legal title. On signing this agreement you will be required to pay 1% provisional stamp duty as part payment of the full 5%. The balance of this is due on signing of the final deed. You will also need to pay an agreed deposit, which is generally 10% of the final price of the property.
Additionally, citizens of all European Union member states (including Maltese citizens), who have not resided in Malta for a minimum period of five years, require a permit to acquire immovable property as a secondary residence purpose.
Individuals who are not citizens of a European Member state may not acquire any immovable property unless they are granted an acquisition of immovable property permit.
You can find further information on how to apply for a permit to buy immovable property here and can download other relevant forms here.
APPLYING FOR A REGISTRATION CERTIFICATE/RESIDENCE CARD
EU Nationals and their family members who have been residing in Malta for more than 3 months should apply immediately for a registration certificate/residence card. Information and the actual registration certificate form may be downloaded here.
The application form has to be submitted directly to the department or posted to:
Citizenship and Expatriate Affairs
3 Castille Place,
Valletta VLT 2000
The application will take a few weeks to be processed. The department must be informed in advance in case of urgent travel.
When your registration certificate or residence card have been completed, you will receive a notification by the department that the document must be collected in person from 172 Melita Street, Valletta. The office is open on Mondays, Tuesdays, Thursdays and Fridays from 8.30a.m. till 11.30a.m.
The department does not take appointments, however you may contact the department for Citizenship and Expatriate Affairs for queries or a status of your application on 2200 1800 / 2200 1801 or firstname.lastname@example.org.