Property in Malta: what’s next?
From the dawn of civilisation, humans have sought dwelling spaces to meet one of their most primordial needs: shelter. Yet over time, property came to stand for other socio-economic needs, such as power and status. Some have turned it into a business venture, while others use it to store wealth or as an investment. This […]
Rising property prices in Malta
Maltese property prices rose 10.03% (8.53% inflation-adjusted) during the year to Q4 2015, according the Central Bank of Malta (CBM). During the latest quarter, property prices increased by 5.92% (8.86% inflation-adjusted) in Q4 2015.The price hikes were felt across all property types: Apartments saw a 7.32% nominal price increase over the year to Q4 2015, or 5.85% […]
Regulation of Real Estate Agencies
Regulation of the Real Estate Industry in Malta
Malta seen among top places to retire for Americans
Malta seen among top places to retire for Americans Malta has featured sixth in the index of the best places to retire for Americans, compiled by Forbes/International Living. The Annual Global Retirement Index uses input from a team of correspondents and data on climate, health care, cost of living, and other factors, such as ‘fitting […]
Maltese Citizenship Scheme 2015
Malta’s citizenship-by-investment programme has raised over €1 billion in capital since its launch about 18 months ago and it is the world’s most successful programme of its kind, Henley and Partners, the main operator of the programme said this week. “Malta, the EU country which runs the world’s most successful citizenship-by-investment programme with over €1 billion […]
Malta seen among top places to retire for Americans
Malta has featured sixth in the index of the best places to retire for Americans, compiled by Forbes/International Living. The Annual Global Retirement Index uses input from a team of correspondents and data on climate, health care, cost of living, and other factors, such as ‘fitting in’ where Malta scores a top 100 points. Malta […]
The Worlds Best Places to Retire – 2015
he Worlds Best Places to Retire – 2015 Malta—The Mediterranean’s Hidden Treasure MALTA Placed 6th according to International Living’s Global Retirement Index in January this year. It scored top marks for Fitting in and is shortlisted separately under the title Four best places to fit in. Sitting right at the heart of the Mediterranean, Malta […]
Malta 2015 Budget
Malta Budget 2015 Highlights relating to Property Transfers A number of changes have been announced in relation to the sale and transfer of immovable property in Malta. The primary changes are listed below. Taxation on transfers of immovable property With effect from 1st January 2015, a tax payer may no longer choose to be taxed […]
Valletta among Lonely Planet’s 10 top cities
Malta’s Valletta City has featured in fifth place of Lonely Planet’s top 10 cities for 2015 Washington places first, followed by El Chalten in Argentina, Milan, Zermatt in the Swiss mountains and then Valletta. Plovdiv in Bulgaria is sixth followed by Salisbury in the UK, Vienna, Chennai in India and Toronto. To compile the annual […]
Agri-tourism development allowed in new ODZ policy
Farmers will be able to provide agritourism facilities on their land under a new planning policy which, however, sets strict limits on new construction in outside development zones. The policy, approved by Cabinet, allows a maximum of 10 bedrooms to be offered by farmers who own at least 60 tumoli of continuous agricultural land or […]
100 Applications for Citizen Scheme lodged in first 3 months
100 apply for citizenship, paying €100m – Henley Henley & Partners said today that in less than 12 weeks, more than 100 individuals had made financial commitments as part of their application for citizenship under the Individual the programme. This amounted to over €100 million in foreign direct investment. Henley administers the IIP, better known […]
Gozo places second in VISTAS Awards 2014
Gozo has been awarded the prestigious Vistas award for Sustainable and Responsible Tourism. The international programme VISTAS (Vision, Innovative, Sustainable Tourism Award Series) award ceremony was held yesterday at the international tourism expo at the ITB Berlin 2014. The aim of this programme is to encourage tourism destinations to identify, exchange and apply good practices in […]
Top medical school to open in Gozo
Gozo has been chosen as the location for the prestigious new medical school to be set up in Malta by the Queen Mary University of London. The school will also require Maltese hospital staff to provide teaching in the latter years of the course. The agreement was reached between the Health Ministry and the Queen […]
Gozo voted as Europe’s third top island by TripAdvisor
Lewis and Harris has been named as the best island in Europe by TripAdvisor, with Gozo finishing in third place. The top 10 islands are as follows: · Lewis and Harris, Scotland · Naxos, Greece · Island of Gozo, Malta · Orkney Islands, Scotland · […]
Best places to retire Overseas for a Better Climate
A Mediterranean Climate in Malta – Malta ranked in Top 3 by International Living Extract: You may have not heard about the European island nation that takes third place in the climate category, but Malta has it all: The Mediterranean Sea, a peaceful lifestyle and a warm, sunny climate. If you love culture, history and excellent weather, […]
Malta one of best places to retire 2013
Forbes has listed Malta among the top 15 countries to retire at this year, particularly for Americans. The survey comes hot on the heels of another survey, the 2013 edition of the World Risk Report, which placed Malta as the second safest country. Forbes said it had teamed up with InternationalLiving.com’s newly-released Annual Global Retirement […]
Gozo wins TripAdvisor Travellers’ Choice award
TripAdvisor presented awards to the winners of its inaugural 2013 Travellers’ Choice Islands Awards, based entirely on feedback from millions of TripAdvisor travellers. Gozo placed 6th in the top 10 islands of Europe, ahead of Zakynthos in Greece, Jersey in the Channel Islands, the Isle of Skye in Scotland and Fuerteventura in the Canary Islands. The […]
The Global Residency Programme 2013
In June 2013, the Maltese Government launched the latest residence scheme – the Global Residence Programme – a residency and tax programme which provides favourable tax incentives for non-EU, non-EEA and non-Swiss Nationals seeking an alternative residence base in the Maltese Islands. The Global Residence Programme replaces the High Net Worth Individuals (HNWI) Scheme, introduced […]