Where is the best place to buy a house? How much tax does Malta have to pay to buy a house?

Where is the best place to buy a house? 1, permanent real estate

When buying a house in Malta, all the land and real estate will always belong to the owner, so foreign buyers don't have to worry too much about the length of property rights. As long as they don't sell their own houses, they can pass them on to their children forever.

2. Find a reliable intermediary

Buying a house in Malta requires an intermediary company. Finding a senior intermediary company in Malta can avoid many troubles, such as the selection of real estate, the examination of real estate contracts and the subsequent housing loans. The media can help buyers complete it.

Step 3 visit and inspect

Buying a house overseas is a risky thing. Because buyers don't know much about the local market, they have to listen to the detailed introduction of developers, and the information provided by real estate developers is often exaggerated. Therefore, property buyers should try to do a specific survey in the local area and ask more about local real estate.

4. The loan to buy a house is stronger.

There are also many foreign customers who buy houses in Malta because they want to immigrate to Malta for investment. However, Malta's policy requires them to own more than 350,000 euros of real estate in Malta before they can apply for conditions. Therefore, this expenditure is very stressful for many people, so it will be much easier to borrow money to buy a house. Moreover, the interest rate of housing loans in Malta is very low at present, which can save a lot of money for buyers.

How much tax does Malta have to pay to buy a house? 1, the annual tax is relatively low.

First tax payment: personal income tax or personal income tax remitted to Malta is uniformly levied at 15% (about 4230 euros per year). Due to the two-way preferential tax policy in Malta, Maltese residents only need to pay 15% tax when receiving retirement pension. After the funds outside Malta are invested in local projects, the interest or dividend income at the end of the year is subject to the tax of 15%.

In addition to Malta's two-way preferential tax policy, many EU countries, the United States, Canada and Australia are also implementing it. From May 1 2004, the borrower shall pay the tax of Lm 1800 to the Inland Revenue Department in advance after submitting the relevant application materials. After receiving the tax, the tax bureau will sign for the residence permit within 30 days.

2. Tax exemption and VAT exemption

After the approval of the applicant, his personal belongings, furniture, etc. (except all kinds of weapons) can be transported to Malta completely free of charge within 6 months without any entry approval.

3. Free settlement.

There is no limit to the length of life every year. After applying for permanent residence in Malta, you can freely enter and leave Malta without all visas and without delay.

4. Car appraisal fee

After permanent resident vehicles enter Malta, the vehicle evaluation fee can be discounted.

5. Capital transfer and personal income tax

After realizing various tax payment times, residents can transfer their rights and interests from the sale of real estate and investment.

6. Housing lease

For the restaurant property registered as a hotel or operation, the owner owns or owns the swimming pool, which is allowed to be rented, but the income should be taxed at 15%. Only the leased property cannot be subletted.

7. You don't have to pay house inheritance tax.

When the heir inherits the property, if the property belongs to the decedent, the heir needs to pay a temporary tax of 7% of the appraised use value of the property. The use value of the house is evaluated by the designated architect. If the assets are jointly owned by the heir and the decedent, the heir only needs to pay half of the house value, and the levy rate is 7%. There is no house inheritance tax in Malta, but according to the transfer law of 1993, the transfer of property is taxable in the following cases: a. Malta's immovable property; B equity held in Maltese companies (except companies registered on the stock exchange).