The past couple of decades have seen an influx in the number of foreigners moving to Malta to purchase or rent property.
After all, the Islands have plenty to offer – a typically Mediterranean climate, great history, culture and entertainment options, an English-speaking population, relatively low costs of living when compared to other parts of the EU, high standards of healthcare and education, and a fantastic selection of properties to rent or buy.
Ofcourse there are various stages to go through. Renting is easier, and there are many good estate agents in Malta that will be able to guide you. If you are purchasing or investing, you will need to first establish the location where you want to buy, as well as the style of home.
Once that is sorted, there are numerous permits to be applied for, including sorting out the Promise of Sale agreement with a notary (known locally as a Konvenju), as well as carrying out the appropriate searches to verify legal title. On signing this agreement you will be required to pay 1% provisional stamp duty as part payment of the full 5%. The balance of this is due on signing of the final deed. You will also need to pay an agreed deposit, which is generally 10% of the final price of the property.
Additionally, citizens of all European Union member states (including Maltese citizens), who have not resided in Malta for a minimum period of five years, require a permit to acquire immovable property as a secondary residence purpose.
Individuals who are not citizens of a European Member state may not acquire any immovable property unless they are granted an acquisition of immovable property permit.
You can find further information and contacts on how to apply for a permit to buy immovable property here
and can download other relevant forms here
. APPLYING FOR A REGISTRATION CERTIFICATE/RESIDENCE PERMIT
Non-Maltese citizens who intend to reside legally in Malta for a period which is longer than three months are to apply with the Department of Citizenship and Expatriate Affairs for a residence permit.
More information can be found on the Identity Malta website related to Citizenships & Expatriates
Applications for a Maltese residence permit of EU and non-EU citizens may be submitted at the respective sections from Monday to Friday between 7:30 – 12:30.
The Single-Permit Front Office receiving work/residence applications is open from Monday to Thursday between 7:30 and 12:30.
Applicants are notified by post when their eResidence card is issued. They must collect their card personally upon presentation of the said letter and a valid travel/identification document. Non-EU citizens are expected to present the interim residence document as well.
EU citizens may also make an appointment
with the department to collect their eResidence card upon the receiving of the said letter.
The Collection Desk is open from Monday to Friday between 7:30 – 14:00.
Customer Care Department
Applicants may seek assistance and information on their applications from the Customer Care Department from Monday to Friday between 7:30 – 14:00.
Applications, with all the forms and supporting documentation, must be submitted in person. The relevant list of supporting documentation is found on each form.
Previous residence documentation (with the exception of residence permit stickers affixed on passports) has to be returned to the Department upon the submission of an application for a renewed residence permit.
In cases where residence documentation has been lost or stolen, the applicant needs to present a valid Police report with the application for a new eResidence card.
The application form has to be submitted at the relevant sections at the:
Department of Citizenship and Expatriate Affairs
St Elmo’s Square,
One may wish to consult the Department’s Frequently Asked Questions
for more information about the application of residence permits.