Inheritance Tax in Malta? Ask the Notary!
What tax is owed on real estate? The default rate is 5% of the deceased's immovable property's present value. But in other cases, such as when the inherited property served…
What tax is owed on real estate? The default rate is 5% of the deceased's immovable property's present value. But in other cases, such as when the inherited property served…
The Emphyteusis (iċ-ċens) An emphyteusis (Cens) is a legal relationship between the transferor (the "dominus") and the transferee (the "emphyteuta") is established when property is delivered in emphyteusis. A ground-rent (cens),…
Buying, Selling and/or Renting Property can be quite a complicated process for starters! Here's everything you should know before entering a property sale agreement in Malta. Here are the top…
If I want to sell the house I inherited, which tax is owed? This depends on whether the inheritance occurred before or after November 25, 1992. Tax is required at…
Buying of Immovable Property When purchasing real estate, one must hire the services of a notary of their choosing. The primary responsibility of the notary is to inform potential…
What is the tax due by first-time buyers? Persons purchasing their first home for residential use are required to pay stamp duty at a rate of 3.5% over the first…