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A special Designated AreaAs per legal notice 156 of 2005, tas-sellum residence is a special designated area.
This means that non-Maltese purchasers buy with the same rights as maltese citizens and they do not require a permit from the maltese government to buy a property in tas-sellum residence.
One may buy the property in the name of individual/s, a company or trust; one may purchase more than one unit and one is free to let out the property.
In the case of properties lying outside special designated areas, non-maltese buyers require a government permit and they are limited to buying one property in their personal name; they may not buy in the name of a company or let the property (except in the case of a house with its own private swimming pool). |
