Acquisition of Immovable Property in Malta by Non Residents

 

The AIP section of the Capital Transfer Duty (CTD) Department is responsible for the processing of applications by non-residents to acquire immovable property in Malta. The section issues permits for those applications which satisfy a number of business criteria.

 

The Government of Malta had established that the attraction of a larger volume of foreign residents would be of benefit to the Maltese economy and that no significant adverse effects were likely to be exerted locally provided that the inflow of foreign residents was maintained within reasonable levels and the housing stock continued to grow steadily.

 

The CTD Department has recently embarked on an ambitious programme to enhance its customer service. The premises were upgraded to ensure a better office environment which is also much friendlier to its clients. The department has also invested heavily in Information Technology and has installed a robust infrastructure and many custom-built software systems.