Extension of the Special Designated Areas

  • Malta
  • 06/12/2018
  • GVZH Advocates

By virtue of Legal Notice 181 of 2018, the list of Special Designated Areas has been extended to now include the Southridge Development in Mellieha.
In terms of Chapter 246 of the Laws of Malta, the following table would need to be followed for the acquisition of immovable property in Malta:

Maltese and EU Citizens – both with 5 years continuous residence in Malta Maltese and EU Citizens – without 5 years continuous residence in Malta Non-Maltese and Non-EU citizens Primary Residence No restrictions – No need to apply No restrictions – No need to apply Prior authorisation is required* Secondary Residence or any other immovable property No restrictions – No need to apply Prior authorisation is required* Prior authorisation is required* Property in a Special Designated Area** No prior authorisation is required and no limit No prior authorisation is required and no limit No prior authorisation is required and no limit Immovable Property required for the person’s business activities’ or supply of services by such person No prior authorisation is required and no limit No prior authorisation is required and no limit No permit granted unless required for an industrial or touristic project or as a contributor to the development of the economy of Malta *An AIP (Acquisition of Immovable Property) permit would need to be applied for where indicated. An AIP permit will not be granted if applicant has already acquired immovable property in Malta – an exception however lies with ‘Special Designated Areas’. The current Special Designated Areas are the following: 1. Portomaso Development, St. Julian’s, Malta 2. Portomaso Extension I, St Julian’s, Malta 3. Cottonera Development, Cottonera, Malta 4. Manoel Island / Tigne Point, Tigne/ Gzira, Malta 5. Tas-Sellum Residence, Mellieha, Malta 6. Madliena Village Complex, Malta 7. Smartcity, Malta 8. Fort Cambridge Zone, Tignè, Malta 9. Ta’ Monita Residence, Marsascala, Malta 10. Pender Place and Mercury House Site, Malta 11. Metropolis Plaza, Gzira, Malta 12. Fort Chambray, Ghajnsielem, Gozo 13. Kempinski Residences, San Lawrenz, Gozo 14. Pender Place and Mercury House Site, Extensions I, II, III, IV and V, Malta 15. Vista Point, Marsalforn, Gozo 16. Quad Business Towers, Mrieħel 17. Southridge, Mellieħa Link: http://www.lninternational.com/internal/bulletin-board/extension-special-designated-areas