Below you will find answers to the questions we get asked the most.
The Second Time Buyers Scheme applies when a person sells their first property in order to acquire another residential property. The refund on stamp duty shall be of €3,000.
EU citizens
If an EU citizen is purchasing property in Malta as their primary residence, they do not need an AIP permit.
If an EU citizen has resided in Malta for more than 5 years, then they will not require an AIP permit.
If an EU citizen is purchasing property in Malta as a second home (and therefore not as a primary residence), then they will require an AIP permit, unless they have resided in Malta for more than 5 years.
The minimum property values are:
These values were updated in August 2020, however, they may change according to the Property Price Index.
A fee of €233 is charged per permit.
The permit is usually issued within 35 days.
The application form for this permit can be found here. You will find more info here.
*Some reductions may apply depending on the purpose of the purchase.
Stamp duty is waived (0%) on properties up to €750,000 situated a UCA (Urban Conservation Area).
Yes, there is a reduction in stamp duty when buying property in Gozo. The stamp duty is reduced from 5% to 2%.