Acquisition of Immovable Property

acquisition of immovable property

Citizens of all EU member states do not require a permit to buy their primary residence in Malta. However they do require a permit if they wish to buy immovable property in Malta as a secondary residence, unless they have not resided in Malta for at least five years before date of purchase.

Individuals who are not citizens of a European Member state may not acquire immovable property situated in Malta unless they are granted an Acquisition of Immovable Property permit (AIP). An AIP is a permit issued by the Ministry of Finance. No AIP permit is required for properties which are situated in Special Designated Areas and there are no limitations on the amount of properties which one can acquire in these areas.

The current Special Designated Areas are the following:

  • Fort Chambray, Ghajnsielem Gozo
  • Portomaso St. Julian’s
  • Cottonera Development, Cottonera
  • Tigne Point, Tigne
  • Tas-Sellum Residence, Mellieha
  • Madliena Village Complex
  • Smart City, Kalkara
  • Fort Cambridge Zone, Sliema
  • Ta’ Monita Residence, Marsascala
  • Pender Gardens, St. Julian’s
  • Metropolis Plaza, Gzira
  • Kempinski Residences, San Lawrenz Gozo
  • Vista Point, Marsalforn, Gozo

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