Engel & Völkers Sara Grech Malta

Strategically located in the heart of the Mediterranean, the islands of Malta, Gozo & Comino have been popular for a long time as a holiday destination enjoying a subtropical climate with hot summers and mild winters, with rain a rarity and around 3000 hours of sunshine per year.

 

Malta, officially the Republic of Malta is an archipelago, 50 miles south of Sicily. Malta, the larger island of the 3 islands covering 316km (122 square miles) in land area making it the smallest state. The country has two official languages, Maltese being the National language and English. Malta gained independence from the United Kingdom in 1964 and became a Republic in 1974 whilst retaining membership in the Commonwealth of Nations. Malta was admitted to the United Nations in 1964 and to the European Union in 2004. Malta is also party to the Schengen Agreement and in 2008 became part of the Eurozone.

 

Malta is well-known and is a popular tourist destination with plenty of recreational areas and historical monuments including nine UNESCO world heritage sites, having the oldest freestanding structures in the world, The 10,000BC Megalithic Temples. With the improvement of the tourism infrastructure and a large number of high quality hotels, Malta has increased the number of tourists that visit each year and is now classified as an advanced economy together with 32 other countries according to the International Monetary Fund (IMF).

 

In the past decade and since joining the EU, Malta has established itself as a global player in the cross border fund administration business. The work force is multi lingual and has a strong Anglo Saxon legal system. The MFSA, Malta’s regulator, has been successful in attracting fund administration, aircraft and ship registration, gaming businesses, and credit card issuing bank licences due to reduced red tape and favourable tax regimes which has transformed Malta into an innovation-driven and competitive economy. Malta has adopted a favourable regime for those individuals seeking to relocate their personal affairs and businesses to Malta, giving opportunities to both EU and non-EU nationals to purchase property in Malta.

 

A new Residency scheme was launched June 2013 which allows people to buy high value property and pay taxes in Malta to benefit from the residence permit. Under the new Global Residence Programme, the value of immovable property bought in Malta by foreigners has a minimum threshold of €275,000. However, when the property is in the South of Malta or in Gozo, the minimum value is reduced to €220,000. This new scheme also allows persons eligible if they wished to rent property and this has been lowered to €9,600 in Malta and €8750 in Gozo or the South of Malta.The minimum tax to be paid under this scheme is a minimum of €15,000 on income derived in Malta, further income arising in Malta shall be taxed at a flat rate of 35%. 



Our Team

Raymond Bugeja

Raymond Bugeja

Mr.
President
Phone
Sara Grech

Sara Grech

Mrs.
Chief Executive Officer
Phone
+356 2347 0100
Mobile Phone
+356 79494884
Benjamin Grech

Benjamin Grech

Mr.
Chief Operating Officer
Phone
+35 62 347 0102
Mobile Phone
+356 99 494884
Frank Willems

Frank Willems

Mr.
Yacht Manager
Phone
+356 2347 0240
Mobile Phone
+356 7975 9011

Katia de Schryver

Mrs.
Relationship Associate
Phone
Mobile Phone
+33 628 062642
Mark Trapani

Mark Trapani

Mr.
Marketing Assistant
Phone
+35 62 347 0111
Nicky Vella

Nicky Vella

Mr.
Social Media Assistant
Phone
+35 62 347 0106
Rita Wagner

Rita Wagner

Mrs.
Yacht Assistant
Phone
+356 2347 0240
Katya Spiteri

Katya Spiteri

Mrs.
Personal Assistant
Phone
+356 2347 0109
Andrew Christie

Andrew Christie

Mr.
Administration
Phone

Licence partner contact

Malta Yachting Market

Church Street block 30 | Portomaso St Julian´s
Malta
Phone
+35 62 347 0000
Fax
+35 62 347 0199

E&V Sara Grech Human Resources

Phone

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