Malta: Reduced tax rate on transfers of immovable property (COVID-19)

Malta: Tax rate on transfers of immovable property

A temporary measure providing for a reduced tax and duty rate of 5% and 1.5%, respectively, on the first €400,000 of the value of immovable property transferred inter vivos has been extended by four months, through the end of July 2021 (from March 2021).


The reduced rates are provided as tax relief in response to the coronavirus (COVID-19) pandemic.

The tax relief extension is made available with publication of Legal Notices 129 and 130 of 2021.

When a promise of sale or promise of transfer is entered into by a July 2021 date, the reduced rates apply as long as the final transfer is made by 31 January 2022 (formerly 31 December 2021). 

Read an April 2021 report prepared by the KPMG member firm in Malta

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