Overseas Buyers Guide

If we’ve got one thing at Simon Mamo Real Estate, we’ve definitely got a big heart.

warm days, cosmopolitan inclusivity as well as excellent opportunities for entertainment and travel connections. But more importantly on this occasion, you’ll be happy to learn that buying property in Malta and Gozo is a relatively straightforward task.

Simon Mamo Real Estate’s high quality portfolio of properties is decked out with the most luxurious of lifestyle properties, houses of character set in historic locations, penthouses with sea views and that idyllic Mediterranean lifestyle, or a simple townhouse embracing village life. Finding your perfect property is a no-brainer through our filter and specific search website, not to mention our expert real estate agents who are always looking to find your perfect dream home.

Our 5 Step Buyer Scheme and Buyer Expenses information will guide you on what you need to make your relocation dreams happen.

Global Residence Programme

The Global Residence Programme Rules were introduced to Malta in 2013, with Legal Notice 167, whereby Third Country Nationals are given the opportunity to optimise their tax and residential status through the purchase of property on the islands of Malta and Gozo.

Should the threshold be met, qualifying applicants will be able to benefit from a 15% personal tax rate on income received in Malta – this programme also allows freedom of movement in Schengen Areas. Qualifying for this programme would follows a number of guidelines. Follow the updated regulations or get in touch with a Simon Mamo expert to learn more.

Individual Investor Programme

The Individual Investor Programme is applicable to Maltese citizenship should they meet the full requirements set by the legislation. Aimed at bringing the best human resources from around the globe to Malta to strengthen the country’s future.

Applicants must be 18 years of age or older, provide proof of residency in Malta for a minimum of 12 months and either purchase a property of minimum €350,000, which they cannot sell for 5 years, or rent property in Malta with a minimum of €16,000 in rent per annum. In addition, applicants would need to purchase €150,000 in government stocks which they cannot sell for 5 years. A number of contributions will need to be paid to qualify for the citizenship scheme; follow the updated list of fees or contact a Simon Mamo representative for additional help.

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