Covid-19 Maltese Property Market Reaction

  How has the Maltese property market been reacting to the Covid-19 pandemic? by Ian Casolani   2020 has obviously been a surreal and challenging year for everyone, no matter what sector one works in, or walk of life they come from. Yet, when considering what Malta, as well as the rest of the world is […]

Property Related Budget Measures 2021

  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( Covid-19 Economic Recovery Package )

  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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