Singled
out by International Living in 2016 as having the best climate in
the world, Malta is attractive in its own right for being warm and
sunny year-round. Encircled by inviting waters and being remarkably
rich in character, culture and history shaped along the centuries,
it is already very hard to resist its disarming charms on this
basis alone. The island also proved its resilience in the face of
the global economic crisis and while managing to retain its
financial stability, it also succeeded at becoming an emerging
financial hub and achieving among the highest social and economic
growth rates within the EU.
The small island nation has found a way to seal the deal for
those who are lingering in making up their mind about moving there
– Malta offers several economic incentives to foreigners who choose
to invest there and have ease of mobility to the rest of Europe
through its Individual Investor
Programme (IIP).
Maltas IIP was named one of the best long-term investments
available to High Net Worth Individuals in the Homes as
Opportunity Gateways report published by Wealth-X in
collaboration with Sothebys International Realty in 2015. The tiny
Mediterranean island is succeeding at making a big name for itself
and its citizenship programme internationally due to its excellent
lifestyle offering and business opportunities.
Reputable individuals who submit a successful application to
Maltas Individual Investor Programme will be granted naturalisation
following investment by contributing to the countrys economy and
social well-being. It is safe to say that such investment has
enabled Malta to make giant leaps forward in this regard and this
advancement has in turn continued to attract further investment
towards the islands shores.
Maltas citizenship programme and the islands lifestyle have
churned the demand for luxury real estate around the island for the
past years as eligible IIP applicants and affluent buyers were
increasingly attracted to the island. Thus, Malta moved on to
develop this sector in order to cater for the rising demand and
nowadays boasts a competitive product. Residences situated within
luxury lifestyle
developments such as Tigne Point in Portomaso in the
cosmopolitan towns of Sliema and St. Julians are the most highly
demanded, yet converted homes tucked away within Maltas old village
cores are incredibly sought after for their timeless charm and
unique architectural features.
For such a small place, Malta offers a wide variety of
accommodation, both for sale and for rent, ranging from large
houses surrounded by their own garden and land to penthouses and
apartments in various layouts and sizes.
The other piece of good news surrounding Maltese property is
that the real estate sector in this country is quite stable and
property values go up year on year, as the Maltese are avid
investors in real estate. Having said that, it can be hardly
considered presumptuous to state that Malta has a little bit of
everything and once you are there will easily find yourself at
home, away from home.
If you are looking to relocate or would like more information on
Malta’s Individual
Investor Program, contact us today 844.667.6663.