1. Ordinary Residence
Individuals must live in the island for more than six months. There is no minimum value property requirement for non-residents when shifting from a high-tax jurisdiction to a lower tax overseas country and it is available to all nationals in the world. However, the qualifying criteria varies if the applicant wishes to be a resident in Malta as an EU national or a third country national, which may prove to be easier or more challenging depending on their circumstances.

2. Long term Residence
Long term residence status can only be given to Malta ordinary residents who have lived five years in the country or more. This means that the resident lived in Malta for five years and has not left the country more than six months during this term.

3. Education Terms
Malta can provide temporary residence for overseas students who are having education in any Maltese Private School, College or at the University of Malta. Minors will need to stay with a legal guardian for accompaniment. The guardian can also apply for a temporary Malta residency. The individual must also confirm that they are receiving stable income and has a good residence in Malta.

4. Temporary Residence
Like students attending Maltese education, anybody who can declare their intentions of staying in Malta can have temporary residence as decided by the government. Temporary residence can be granted to individuals with no intention of permanent residence and have not stayed more than 183 days consecutively in the country.

If you’ve been enticed by the quality of life and the luxuries that await you living in Malta, you need to know the process of how to purchase a property in Malta. There is no property tax in Malta because its citizens believe in buying property rather than renting it. Here are the first few things you need to know when purchasing Malta properties.

1. Negotiations AKA “Kovenju”
Malta calls the Preliminary Agreement between property buyer and seller as Kovenju, which is essentially an agreement that concludes that the buyer and seller made a transaction in a date they established. Upon signing the Kovenju, the property buyer will need to pay 1% provisional stamp duty, which would be counted in the full 5% due when the final deed and a final deposit amount (which is 10% is agreed upon. The documentation of the transaction would entail notary public services to verify the legal title and that the property is clear for selling, and that all requirements for buyers and sellers are fulfilled.

2. Identifying as a Primary or Secondary Home
Buyers can choose to nominate their properties as their foremost home in Malta or as a secondary property that could be used for business. For primary homes, a buyer must have residence in Malta for five years before they can declare the residence as a primary home. They can purchase the property, but not declare it as a primary home. Secondary homes need not the minimum residence requirement, but will need to pay for an Acquisition of Immovable Property permit to secure the property.

3. Income Tax
Malta has no property or wealth taxes, which makes it plausible to rent out the property if it is a secondary home. The property, if rented out, will provide a tax revenue of 15% from the property profits.

Every UK citizen has the right to file for accident claims if they suffer injuries when it is not their fault. With high risk of injuries and loss of wages, an accident claim can provide victims the support they need. However, the Ministry of Justice plans to reduce the number of fraudulent accident claims by abolishing the win/lose no fee accident claims system and replacing it solely with the no win no fee accident claims system.

With only the no win no fee accident claims system, victims may be undercompensated because they need to pay 25% of their compensation to their legal representatives. In a win/lose no fee situation, legal representatives take their fees and success fees from the MOJ or the insurance company while victims keep all their compensation. For serious cases, such as severe car accident injuries or medical negligence, having legal help may not be an option, allowing insurers and offenders to pay less.

The MOJ imposed the new claims system because claims management companies and personal injury lawyers brought in a great number of claims, with some appearing to be fraudulent or exaggerated, yet bound by legal expertise, were able to earn great compensation. To lessen the number of claims management company-dependent claimants, they enforced the no win no fee claims system back on track.

However, personal injury lawyers say that it is unfair for victims because without legal advice, insurance companies and offenders can just offer a lump sum payment, which will leave customers undercompensated. Critics agreed with their statements, given that the implementation of the no win no fee would leave victims at a lose-lose situation.