Malta Property Ownership Options
Taxation on Property Transfers
Malta offers a streamlined and secure property ownership framework for both residents and non-residents, supported by a clear legal process and favourable tax incentives. Buyers benefit from fast acquisition timelines (typically within 3 months), reduced property transfer tax rates (2–8%), and capital gains tax as low as 7% under qualifying conditions. Governed by the Income Tax Act and Income Tax Management Act, Malta’s system ensures legal clarity and investor protection. With EU membership, a robust double tax treaty network, and access to Special Designated Areas (SDAs), Malta stands out as a prime destination for real estate investment in Europe.
TAX SYSTEM:EU Approved LANGUAGES:Maltese, English DOUBLE TAX TREATIES:Broad network of over 70 signed
DTTs CURRENCY:Euro € GDP GROWTH: 5.4% in 2018 (EC) SCHENGEN STATUS:Full Member EU:Member of the EU & Eurozone TIME ZONE:Central European Time Zone (UTC+01:00)
- Clear Legal process
- Fast acquisition process - 3months
- Advantageous property transfer tax rate ranging from 2% to 8%
- Low tax rate of 7% on capital gains under certain conditions
The main rules for the taxation of transfers of immovable property situated in Malta (or any right over such property) are stipulated in the Income Tax Act (the “ITA”), whilst the payment of provisional tax, along with other formalities, are regulated by the Income Tax Management Act (the “ITMA”).
- Residents and Non-residents
- Non-residents are required to produce a statement of country of residence, confirming they are resident and subject to tax in that country on the gains or profits derived from the transfer of immovable property situated in Malta.
Latest Insights
Related Practices
Related Opportunities
