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- The good news is that British expats can still buy property in Malta now that the UK has left the EU. The same rules will apply to Brits as for all non-EU residents, so you’ll need to get an AIP permit and will be limited to just one property, unless you focus your property search on a Special Designated Area.
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Aug 6, 2021 · The good news is that British expats can still buy property in Malta now that the UK has left the EU. The same rules will apply to Brits as for all non-EU residents, so you’ll need to get an AIP permit and will be limited to just one property, unless you focus your property search on a Special Designated Area.
Mar 23, 2021 · Although the purchasing of property by Maltese Citizens is not curbed, non-residents as said need to obtain an AIP permit. No permit is needed by buying in a Special Designated Area or by: An EU Citizen that has been resident for more than 5 years; A non-EU resident who have lived in Malta for more than 5 years
Mar 26, 2024 · Last Updated: March 26, 2024. How to buy a property in Malta safely and avoid the pitfalls: understanding the process and doing your due diligence. Buying a property in Malta can be daunting for expats. You don’t know the rules, how it’s done, what’s acceptable, and what to expect.
Dec 15, 2017 · Malta isn’t like the UK. Once an offer has been accepted by the vendor, you are both committed to the transaction for three months, which means you can’t be gazumped or change your mind. You both must sign a preliminary agreement, which is legally binding.
Jan 10, 2024 · UK expats who already live in Malta and have done so for at least five years are excluded from the AIP permit requirement, although they cannot buy more than one home, and the property must be their primary residence. The Average Costs of Buying Property in Malta.
Oct 7, 2021 · There is no restriction or permit needed for EU citizens purchasing a first home in Malta. Non-Maltese EU citizens can only buy one property in Malta. This rule is lifted after five years of residence and is waived for properties in Special Designated Areas and for a commercial property intended for their own business.
Non-residents can purchase property in Malta quite easily once they have obtained a purchasing permit where necessary. The only permit that some non-residents may have to acquire is an AIP permit. An EU citizen doesn’t need this permit if he/she has resided in Malta for at least five years.
