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Agency to promote sale of property in Malta

Published in The Times of Malta

The Federation of Estate Agents is working with another entity to create an agency that would promote the sale of property in Malta to foreigners under the new Global Residence Scheme announced recently by the Government.

Federation president Ian Casolani, who also runs the Belair Real Estate group, said that the federation had started preliminary talks with the Malta Developers Association, using Finance Malta as a model. Finance Malta has both Government and private involvement, both in terms of financing and representation.