First Time Buyer Scheme

A. Muscat, 3 Nov 2015

The First Time Buyer Scheme was extended to 31 December 2016 as part of the Malta Budget 2016. Through this scheme, first time buyers benefit from a duty saving of up to a maximum of EUR 5,000 when purchasing their first residential property.

To qualify for the First Time Buyer Scheme you need to be buying the first residential property for the purpose of using it as your main residence.

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