Tax reduction scheme on property transfers extended to June 2023
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The scheme provides for a reduced tax and stamp duty rate of 5 per cent and 1.5 per cent on the first €400,000 of a property’s value
Stamp duty in Malta & Gozo reduced to 1.5%
![KER1013](https://www.move2gozo.com/wp-content/uploads/2020/06/2019_09_2612_05_106527_800.jpg)
Stamp duty in Malta and Gozo has been reduced to 1.5% until March 2021 in order to help boost the economy following the impact of COVID-19
No significant changes in the price of property
![Rustic property](https://www.move2gozo.com/wp-content/uploads/2020/05/IMG_1389_1600w-1024x1024.jpg)
Property sales remain “encouraging”, according to real estate agencies, putting paid to prospects of major drops in post-COVID-19 prices and pointing only to “more realistic” corrections so far. It is early days for analysis, they agree, but no significant changes have been noted in prices despite the million-dollar question being asked in view of the […]