27C  Valletta

Dhalia News

New residence scheme for foreigners launched - thresholds drastically reduced

A new residence programme for foreigners was launched this morning, replacing the foreign residents' scheme which was controversially suspended in 2011.

Parliamentary Secretary Edward Zammit Lewis said the Global Residence Programme, as the new scheme is called, will allow people who buy high value property and pay taxes in Malta to benefit from a residence permit.

The previous scheme was suspended and initially replaced by the High Net Worth Individuals Scheme which did not prove popular because the minimum value of purchased property had been raised from €116,000 to €400,000 ...  [more]
 

Malta Retirement Programme
The Ministry of Finance, the Economy and Investment is pleased to announce the introduction of a new tax programme for retirees from EU/EEA/ Swiss nationals to take up residence in Malta. This has been Malta's core market ever since the first Residence Scheme was introduced.

In line with other incentives that Malta has, Government has retained a fixed rate of tax of 15% with a minimum tax liability of €7500 onto which €500 must be added for a dependent ...  [more]
 

Subsidies and schemes
Interest Subsidy Scheme
A Subsidy on Interest on Loans has been introduced by the Government of Malta. Its aim is that of assisting first-time buyers who purchase property from the private sector by providing a subsidy on the rate of interest on the loans given by commercial banks. This Scheme is open for married applicants, engaged couples, single parents and separated or divorced persons, amongst others.  Under this Scheme a subsidy is given on the interest rate on the loan from the bank for the purchase of the first residence, which consists of a subsidy on the rate of interest paid by the beneficiaries to the banks ...  [more]
 
Malta voted as best retirement destination
The mild weather that Malta can boast of throughout most of the year, yes forget the very hot summer this year, the long hours of sunshine, the fact that English is spoken by the majority of residents, the free healthcare and the low taxes have earned Malta the title of the top place where Brits should retire.

23 countries were surveyed by Yahoofinance.UK on the bases of rainfall, hours of sunshine, property prices and property tax, petrol costs, expats, criminality rates, healthcare available, healthcare costs, distance from home and grocery index. 

Malta was voted the top, all round retirement destination due to having over 3,100 hours of sunshine a year; an average year round temperature of 18 ...  [more]
 
Vacancy: English to Russian translator and interpreter

Do you have a passion for writing and a desire to develop a career within translations and copywriting? Are you looking for a role within a fast paced marketing environment? If so, then we may be looking for you!

Reporting to the CEO, this position requires a highly professional and dynamic individual with a flair for linguistics. Your role will involve translating, proofreading and creating content for online and offline use including, but not limited to, promotions, newsletters, banners, web content and articles.

Qualifications / Experience

- Excellent command of written and spoken English and Russian

- Solid experience in a similar position (preferred)

- Interested in marketing (preferred)

- Ability to multi-task

- Strong focus on achieving targets and meeting deadlines

- Proficient in Microsoft office

- Living in Malta or willing to relocate to Malta

If you feel you fit the criteria above, send your CV to [more]
 

Dhalia launches Xemxija Waterfront Residences

Dhalia Real Estate Services officially launched the Xemxija Waterfront Residences at an event for select clients.



Set in one of the most picturesque locations, this exclusive block consists of 14 apartments, a penthouse and a commercial establishment.



Each apartment has a 6.5-metre frontage with a large open plan kitchen, living and dining room enjoying unparalleled panoramic sea and country views, which change with each season.



The Xemxija Waterfront Residences are finished to high specifications. They also include underlying interconnecting garage spaces from where residents have the comfort of proceeding directly to their apartments without having to step outside ...  [more]
 

Dhalia launches Malta's first iPhone Property App

Dhalia Real Estate Services launches Malta’s first property iPhone App

Dhalia Real Estate Services have launched Malta’s first Property Locator iPhone Application. This tool will help customers find and access the property they are looking for, in a faster and more convenient manner.

“At Dhalia Real Estate Services we have always been forward looking, harnessing technology to provide our clients with convenience and simplicity as they search for their new home or office,” Franco Valletta, Chairman and CEO of Dhalia Real Estate Services says. “The Dhalia Property iPhone App provides our customers with a new interface to access our extensive database of properties in a simple, interactive way ...  [more]
 

The Two Best Climates on Earth

This year, two countries tied first place for the best climate in the world. They’re both English-speaking but only one is safe, with a flat 15% tax rate, excellent health care and ocean views…

As you know, every January, we rate and rank 192 countries for our Quality of Life Index in nine categories.

And the two winners in the climate category?

Well, despite a near perfect climate you won’t find many expats in Zimbabwe. Runaway inflation and political unrest aren’t great attractions. Thankfully there’s another option. And with an average 5.2 hours of sunshine a day—even in December—“foreigners are coming in droves,” to the island Republic of Malta ...  [more]
 

MALTA: A Unique Property Destination

The romance of long ago meets the finesse of modern living

At the centre of the Mediterranean, 93 km (60 miles) south of Sicily, the islands of Malta, Gozo and Comino glow like liquid honey. The smallest EU member, this Mediterranean nation is fast becoming one of the most sought-after addresses in the region with an ever-growing number of people moving to Malta to make it their new home. Within an estimated resident population of about 440,000 (of which the majority are native Maltese), one can find several rapidly-expanding minorities. Indeed, since gaining full EU membership, Maltese property is in demand by many EU and Non-EU nationals, particularly from Scandinavia, South Africa, Netherlands, Germany and Italy, find in the Malta a welcoming country, a treasure trove of history and historical artefacts, high standards of living and, importantly, a vast array of competitively priced properties ...  [more]
 

Balluta Terrace project launched

The Balluta Terrace project, a new residential block in Balluta, was launched yesterday at Bay Street during an event attended by architects, property consultants and interior designers. A model of the project was put on display.

The guests were addressed by Dhalia director and shareholder of Balluta Terrace Company Ltd, Chris Grech.

Balluta Terrace will be located on the seafront , enjoying views of the bay ...  [more]
 

Dhalia attends second property fair in Sweden

Dhalia Real Estate Services attended its second property fair in Sweden since the beginning of the year, when it participated in one of the most prestigious property fairs in Scandinavia - the Fairmedia Exhibition - held at the Slagthuset in Malmo on March 20 and 21.

Prior to the property fair, Dhalia and its Swedish partner Maltamaklarna held a seminar where they discussed Malta and its property market.

The seminar was opened by Malta's counsellor and chargé d'affaires in Denmark, Deborah Attard Montalto.

The audience was then addressed by Inger Soderlund, of Maltamaklarna, Goran Andersson of Tax Zero, John Huber of John Huber and Associates, and Dorothy Baldacchino of The Kempinski Residences ...  [more]
 

Dhalia Luxury Living showcases Fort Cambridge at Stockholm events

Dhalia's Luxury Living and the Fort Cambridge project were excellently received at two seminars and an international property fair, entitled Living Abroad, in Stockholm earlier this month, the real estate group said.

The Stockholm property fair at the Globen Arena is one of the most prestigious and largest property fairs in Scandinavia. This year it was visited by over 4,000 people.

Earlier, Dhalia Real Estate hosted two half-day seminars at the Hotel Anglaise in Stockholm. The events were addressed by Malta's chargé d'affaires in Denmark Deborah Attard Montaldo, Paul Attard, director of GAP Developments, Maltese tax consultant John Huber from John Huber and Associates, and Inger Soderlund of Maltamaklarna, Dhalia's business partner in Sweden ...  [more]