What you need to know: · With effect from 20 October 2020, first time buyers will be exempt from duty on the first €200,000, increased from €175,000. · The rate of duty on the acquisition of residential properties shall be reduced to 3.5% on the first €200,000 for second time buyers. · The rate of […]
New Immovable Property fiscal measures – June 2020 The government announced temporary fiscal incentives for both property buyers and sellers, as part of a COVID-19 economic recovery package. This is effective as of 9th June 2020 until 1st April 2021: Vendors: All final deeds signed during this period, whereby 8% or 10% final withholding tax was […]
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There are 5 main things to know about buying a Property in Malta. Every Country has these key factors which vary, some slightly and some a bit more. Here it’s pretty straight forward… if you listen to the right advice. Purchasing a home is exciting as much as it is frustrating, after all it […]
The beginning of great things is always the hardest, they say, and that is very true. Starting up a new real estate office is not a walk in the park. From taking the decision, to finding the right location, to the process of setting up and then finally open. Well, that is the easy part! […]
