Thinking of buying property in Malta? ← Malta Guida di viaggio Articles about Malta St Julians and Paceville (Malta Nightlife) 12 reasons to buy property in Malta Gozo goes Agro - Gozo introduces agro-tourism Foreigners in Malta Thinking of buying property in Malta? Luxury living in Malta Tigne and Manuel Island Valletta Waterfront Vittoriosa Waterfront Valletta Park and Ride The Maltese Cross What lies beneath Valletta Malta has the oldest built structures in the world Investing in History - The Three Cities Learning English in Malta Rolex Middle Sea Race The love statue in Saint Julians Malta Underwater Diving Pleasures Getting Married in Malta Water sports in Malta To bridge or not to bridge (between Malta and Gozo) Village life in Gozo Scenic walks in Gozo Valletta-The lost city Tools of the trade Malta - An interview Buy Property and Reside in Malta Malta's accession to the Schengen Area Invest in Property Mdina - The Silent City Zurrieq - the forgotten town Malta Enterprise Malta - Your business partner Maltese Wines The Maltese Islands - A memorable experience The Maltese Festa Keeping Horse-drawn Cabs Unspoilt Siggiewi The Ggantija temples in Gozo Creamfields Malta - Saturday 28th June 2008 at Gianpula Isle of MTV Malta 25th June 2008 Notte Bianca Malta - 4th - 5th October 2008 What you need to know The country's European Union accession in 2004 seems to have persuaded more foreigners to take the plunge into the Maltese property market. If you too are interested in investing in Maltese soil and stone, read on. Check whether you need to apply for an Acquisition of Immovable Property (AlP) permit from the Finance Ministry. This is necessary for those people who are buying a second home in Malta and have not continuously resided in the country for a minimum of five years. If you need an AlP permit, you will need to produce a copy of the promise of sale or the preliminary agreement of the property being bought. More information can be found on www.aip.gov.mt. You might also want to open a bank account with a Maltese bank to make payments easier. If so, contact one of the local banks. Estate agents can help you through the whole process by telling you what you need and how to go about buying property. If you are going to transfer a large sum of money from overseas to buy your property check the transfer rates of both banks and currency brokers. Timeout 07
