These Regulations define the criteria and guidelines for the designation of Special Designated Areas, which are exempted from the prohibition of acquisition of immovable property in Malta by non residents. The Minister of Finance shall issue an order designating an area as a Special Designated Area upon application by non residents who intend to acquire immovable property.
Implements: Immovable Property (Acquisition by Non-Residents) Act. (2005)
Amended by: Immovable Property (Designation of Special Areas) (Amendment) Regulations, 2007 (L.N. 320 of 2007). (2007)