by Stephen Balzan | Dec 6, 2024 | News
By means of Legal Notice 325 of 2024, the Government has amended the Duty on Donations of Marketable Securities and Immovable Property used for Business (Exemption) Order, by virtue of which a reduced rate of duty is applied on the transfer by gratuitous title of...
by Stephen Balzan | Dec 6, 2024 | News
By means of Legal Notice 325 of 2024, the Government has amended the Duty on Documents on Acquisition of the Second Immovable Property to be used as Sole Residence (Exemption) Order, by virtue of which the duty paid on the first Eur86,000 of the value of the property...
by Stephen Balzan | Dec 6, 2024 | News
By means of Legal Notice 325 of 2024, the Government has amended the Exemption of Duty in terms of Article 23 Order, by virtue of which no duty will be paid by the transferee on the first €200,000 of the aggregate value in respect of the acquisition of a property made...
by Stephen Balzan | Nov 6, 2023 | News
The Minister of Finance has in his Budget Speech for the year 2024 announced that: The scheme applicable for first time buyers and second time buyers will be extended for another year. No income tax and stamp duty will continue to apply on the first €750,000 of the...
by Stephen Balzan | Oct 24, 2016 | Articles & Publications
Citizens of all European Union member states, including therefore Maltese Citizens, who have resided in Malta continuously for a minimum period of five years at any time preceding the date of acquisition may freely acquire immovable property situated in Malta without...
