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Malta’s potential for investment from Finland was the subject of a one-day seminar organised in the Finnish capital late last month, on the personal initiative of Malta’s Ambassador in Helsinki, Mr Michael Zammit Tabona, in collaboration with Finance Malta and the Federation of Estate Agents – Malta (FEA).
Belair Property Managing Director Ian Casolani and Director David Aquilina were part of the Maltese delegation which included representatives from various service industries and consultancy practices from Malta, including banking, financial services, travel and maritime sector, amongst others.
Mr Casolani also addressed the Seminar in his capacity as FEA President, where he discussed the various opportunities the Maltese real estate sector can offer these potential investors.
“Malta’s real estate market, coupled with excellent residency schemes and advantageous corporate tax structures, is a realistic and attractive proposition for investors from Finland looking at finding a domicile which makes financial and business sense with our Island being an amazing destination in itself,”added Mr Casolani.
In his presentation, he also highlighted the different options available for interested investors who wanted to rent or buy property in Malta, whilst showcasing the various advantages of selecting Malta for such an investment.
Mr Casolani lauded Finnair's decision to launch two-weekly flights linking Helsinki to Malta as from May 2015 and thanked Ambassador Zammit Tabona for being the driving force behind this decision. He insisted that "accessibility is key for an island like Malta to be able to attract tourism and foreign investment, and the Finnair connection will make it so much easier for all of us to do business together."
More importantly, Mr Casolani discussed the allure of Malta’s lifestyle and the Mediterranean way of life. He concluded by emphasising how investing in property on Malta is not merely a transaction, but a complete and evocative way of life.
The seminar was attended by a number of interested intermediaries and service providers based in Helsinki who had the opportunity to network and establish contacts with various local counterparts.