Print
Full screen
Share

Graham Norwood on Malta just waiting to welcome you

Think property investment and you do not necessarily think of Malta – but it may be on its way to becoming a good tip.

Aside from year-round sun, a population of only 400,000 and 35 scheduled flights a week from the UK, the 316 sq km island just south of Sicily also offers several new developments targeting investment buyers.

British Pubs are a common sight in Malta
British Pubs are a common sight in Malta

The Maltese government encourages relatively affluent foreigners to use its country as a base and to own investment properties there. Foreigners are taxed on income derived within Malta and any worldwide income declared there – but the tax is no more than 15 per cent if you register under the country’s Permanent Resident Scheme.

Read the full article is here: https://www.theguardian.com/money/2004/apr/04/observercashsection.theobserver6



Article Source : propertymarketml.wordpress....
Want to create own pages and collaborate?
Start your free account today:
By clicking “Sign up”, you agree to our Terms and Conditions