Conditions of Property Purchase in Malta by Non-residents

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December 03 08:45 2015 by The Editor Print This Article

Permit of Immovable Property

An AIP Permit for the Acquisition of Immovable Property will be granted subject to the following conditions:
1. Minimum value of property depending on the type of property.
2. Restrictions apply to properties of historical interest.
3. Property purchased must be destined:
  • for personal residential use of applicant only.
  • for other purposes approved by Government,
  • for an approved industrial or touristic project, or
  • for any other project or purpose which is considered to contribute to the development of Maltese economy.
4. Foreign origin of funds.
5. Resale of property restricted to Maltese residents.
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