IMMOVABLE PROPERTY (ACQUISITION BY NON- RESIDENTS) (FEES) REGULATIONS

IMMOVABLE PROPERTY

(ACQUISITION BY NON-RESIDENTS) (FEES)

SUBSIDIARY LEGISLATION 246.01

IMMOVABLE PROPERTY (ACQUISITION BY NON-

RESIDENTS) (FEES) REGULATIONS

23rd January, 1979

LEGAL NOTICE 17 of 1979, as amended by Legal Notices 1 of 1988 and

411 of 2007.

The title of these regulations is Immovable Property

(Acquisition by Non-Residents) (Fees) Regulations.

(1) There shall be charged to any non-resident person, not

being a citizen of Malta, a fee of €232.94 in respect of any permit

granted by the Minister under the provisions of -

(a) article 5(1)(b), or

(b) article 5(2),

of the Immovable Property (Acquisition by Non-Residents) Act,

for the acquisition of any immovable property by such person.

(2) The provision of subregulation (1) shall have effect only in

respect of permits granted on or after the day imm ediat ely

following the date of the coming into effect of these regulations.

Any fee charged under regulation 2 shall be paid to the

Secretary of the Ministry responsible for finance on the date of

issue of the relative permit.

No fee paid under these regulations shall, for any reason

whatsoever, be refundable.