If you want to buy a property in Malta, you may require an AIP (Acquisition of Immovable Property) permit. Therefore, we have put together an FAQ to help you understand who needs an AIP permit and how the application process works.
An Acquisition of Immovable Property (AIP) permit is a permit granting the right to purchase a single property in Malta.
If you are a Maltese citizen or from another country of the European Union and have continuously resided for at least 5 years in Malta, you may purchase properties without the need for a permit or a special license.
If you are a Maltese citizen or from another country of the European Union and have not continuously resided for at least 5 years in Malta, you only require an AIP (Acquisition of Immovable Property) permit to buy a secondary residence. If you are a first-time-buyer and intend to reside in the property you do not need an AIP permit.
If you are from a non-European Union country you need to apply for an AIP permit, even for your first property.
Maltese and EU citizens do not require an AIP license to buy property for their business activities regardless of how long they have resided in Malta. Citizens from other countries will only receive a permit if their business is an industrial or touristic project.
An Acquisition of Immovable Property Permit costs 233 €.
Together with the application form, you need to submit two passport photos, a copy of the promise of sale (konvenju) and a copy of your passport.
An AIP permit is typically issued within 35 days by the Capital Transfer Duty (CTD) Department.
The minimum purchase price of the property needs to be 121.792 € for flats and maisonettes and 202.929 € for any other property type.
No, you can only buy one property unless it is located in a Special Designated Area.
Properties purchased with an AIP permit may not be rented to third parties.