Malta,Malta Luxury Real Estate News,Real Estate News,Relocating to Malta

The Renewal of the Property Price Index

22 Aug , 2016  

Nick Sant Manduca (2)

The Government of Malta has recently revised the property price index with effect from the 26th of July. The article which has been amended relates to an individual who is a non-resident of Malta, buying residential property. In this case the prices of immovable property have been revised to: €110,469 for the case of flats […]

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Malta Luxury Real Estate News,Real Estate News,Tax & Residency

Property Tax: Why?

25 Feb , 2015  

Property Tax in Malta

Property Tax often includes annual taxes based on the value of immovable property, taxes on sales of real property, net wealth taxes, taxes on inheritances and gifts, taxes on transfers of securities, and even taxes on the non-use, or uneconomically wanted, or non-economically beneficial, types of properties.  In Malta, property tax is one way of […]

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Malta Luxury Real Estate News,Real Estate News,Tax & Residency

Proposed changes to property tax

25 Feb , 2015  

Luxury Properties Malta

The Notarial Council is expecting the government to reconsider its decision to eliminate the possibility for property sellers to pay capital gains tax, at least in certain transactions. It has proposed concrete alternatives to the Ministry of Finance and the Inland Revenue Department. However, such changes should only be completed after a thorough consultation is […]

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FAQ,Malta Luxury Real Estate News,Real Estate News,Tax & Residency

Taxation on Rent

27 Jan , 2015  

Taxation on Rents

Up until 31st December 2013, rental income could be taxed as trading income (typically rental income derived by a person who habitually rents out immovable property) or non-trading rental income. Whilst rental income derived from a trading activity attracts most allowable deductions available to trading activities, non-trading rental income would qualify for the following deductions: […]

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FAQ,Real Estate News,Relocating to Malta,Retirement in Malta,Tax & Residency

Highly Qualified Persons Rules

22 Jan , 2015  

Highly Qualified Persons Rules

Malta’s success in securing an increasing number and quality of hedge funds, managers, insurers and similarly regulated entities depends largely on the ability of such entities to attract and recruit highly qualified, experienced and senior professionals available globally. Tax Planning for High Income Earners The domestic Malta Highly Qualified Persons Rules (the-Rules) relate to the […]

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