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Act No. I of 1988 - Immovable Property (Acquisition by Non-Residents) (Amendment) Act

Sixth Legislature (1987 - 1992)


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Published on 19 January 1988

Bill No. 10 - Immovable Property Acquisition by Non-Residents (Amendment) Bill

Objects and Reasons

The Object of the Bill is mainly to remove restrictions against citizens of Malta who are not resident in Malta, or whose spouses are not citizens of ·Malta when between them there exists the community of acquests, to acquire immovable property in Malta. The Bill also makes amendments of an administrative nature and increases the value of property that can be acquired by non-residents from Lm6000 to Lm8000.

Motion No. 21 - Immovable Property Acquisition by Non-Residents (Amendment) Bill