EU Residency in Malta now available to non-EU citizensLast Updated on 17 March 2010To top it all, Malta offers huge tax advantages for Permanent Residents and our correspondent firm of attorneys in Malta, Hugh Peralta & Associates, will guide you through the best structure to achieve your goals. Neels Pretorius a South African whose family is now based in Malta states that “whilst many remain in South Africa because we love it and feel huge belonging and are committed to the country’s success, the present economic, social and political situation leaves many of us uncertain with what the future will hold in store for us, and indeed for the country. For the security of our families and ourselves both financially and physically, most of us have researched alternative countries where to relocate to individually or with our families.” The problem with most options relating to foreign Residency is that many countries – unlike Malta - now have very strict immigration laws; it is very costly and also demands an allocation of time spent in that country to sustain that country’s Residency requirements (usually at least 3 months of each year and normally 6 months of each year). What you need to know is that Malta is situated just 90km south of Sicily off the Italian coastline practically in the dead centre of the Mediterranean featuring one of the best climates available and sporting almost zero violent crime. The country is made up of 3 islands namely, Malta, Gozo and Comino covering a total area of 316 sq km but still more than enough space to house an international airport and a superb sports club featuring tennis, squash, cricket, gym, billiards, swimming pool and a 18 hole golf course! Malta has a hugely rich history of colonization, thousands of years old, including that of the Knights of St John for nearly 300 years. The most recent was that by Britain which enjoyed a happy rule for over 160 years until Maltese independence in 1964. This has ensured English as the other official language to Maltese and its place at the language of business which makes communication very easy indeed. The spectacular wealth of historical buildings are everywhere to be seen and are preserved meticulously. In 2004, Malta was accepted into the European Union (EU), and the “Euro” is its currency. It is included in the Schengen Treaty, ending internal border checkpoints between 26 countries – this has opened up huge commercial and social opportunities. Having adopted the best of the Mediterranean lifestyle, Malta now has all the benefits of the EU coupled with its “tax efficient” status making it hugely attractive for investors looking for fiscal benefits and also a social magical lifestyle. With fantastic education (Verdala English International School, San Anton, San Andreas); virtually non existent violent crime; excellent medical services and facilities; wonderful Mediterranean food, drink and lifestyle; inviting warm crystal clear aquamarine sea and characteristic rocky ledges as well as fine sandy beaches (a rarity in the Med), you must now be asking yourself, “what’s the catch”? There is none. The Malta Permanent Residence Scheme is a most attractive residence scheme currently available to individuals seeking to transfer their tax residence from high-tax countries to overseas lower-tax jurisdictions such as Malta. Of course this is being said over and above other social/political considerations – in case Malta is also an attractive destination. The country offers a wide variety of residential properties; same type that might be of interest to the typical SA buyer include marina apartments and penthouses, converted farmhouses in the countryside, houses of character and palazzos in the quaint villages, luxury villas. Selling prices range from €60,000 to €8,000,000. Long lets are comparatively cheap, some residences can be rented for 0.2% of selling price per month. Mr Pretorius stated as follows: I have personally relocated my family to Malta at the beginning of 2009 on the permanent residency scheme; I can take you through it! From our personal experience, living cost is on par with what we are used to in South Africa, example:
The financial qualifications are very easy to satisfy. Permanent residents are entitled to the following benefits:
We offer:
the local authorities; banks for account opening, investments, trusts formation and finance requirements; private medical insurance companies such as BUPA, medical specialists such as pediatricians, GPs and dentists; motor dealerships and car rental companies; and schools for children;
Most importantly maybe, an understanding of South African circumstances, culture and tastes, wants and needs in general. We basically hand hold you and show you the identified properties according to your wish list and assist with the services as mentioned above. In less than 4 months you could become a Permanent Resident of Malta and have free movement in and out of the 26 countries in Europe that have signed the Schengen Treaty (no more visas!). The only time you need to visit Malta (and still keep your Permanent Residency) is upon signing of confirmation documents once your application has been accepted, i.e. you can stay living in South Africa if you want! For the initial 5 years, visas are issued and renewed annually; thereafter permanent. To find out more come in for a FREE confidential consultation and in 2 months you could find yourself in the Mediterranean. Contact us on the details below and we will arrange for your initial briefing appointment. Alternatively all correspondence can take place telephonically/Skype (info.77GreatEstates) or via email with no need to meet. Therefore, kindly do not hesitate to contact Dr Carl Peralta in Malta on (00356) 9944 7444 or carl@77GreatEstates.com or Mr Neels Pretorius in South Africa on +27(0)836991932 and Malta on (00356) 9933 1140 or sa@77GreatEstates.com. Until then, visit our website www.77GreatEstates.com and blog where we trust you will find most of the answers that you are looking for. Posted in: Residence in Malta 77 Great Estates attends the “Luxury Real Estate” conference in Rome 2010Last Updated on 23 March 2010  The 5th Annual Luxury Real Estate International Conference was recently held at the Ambasciatori Palace in Rome, Italy. It gathered Top Real Estate Firms from 9 different countries including USA (Aspen, New York, Beverly Hills, Los Angeles, California & San Francisco amongst others), Canada, French Polynesia (Bora Bora), Italy (Florence, Spoleto & Sicily amongst others), UK (London & Berkshire), Spain (Marbella & Palma de Mallorca amongst otehrs), Portugal, Netherlands, Israel & Malta. The conference was hosted by John Brian Losh, Chairman and CEO of Luxury Real Estate, a membership-driven luxury brokerage assemblage based in Washington, USA. The network includes the most prominent global luxury brokers and meets 3 times each year, nationally and internationally, to discuss current real estate trends. The recent conference in Rome covered multiple topics of great interest to those who serve the high net-worth demographic. An ongoing theme, covered at each of the conferences, is the state of luxury market around the world. Discussions focused on what strategies are most effective in the current world economy, ways to build business and establish connections in international markets and using social media tools to impact one’s real estate business. Dr Carl Peralta of 77 Great Estates followed the conference with networking events in Rome and in Milan. Once in Milan, he ate in the presence of A.C. Milan’s president Adriano Galliani at Giannino. For further information, kindly contact 77 Great Estates on (00356) 2125 2455; (00356) 9944 7444; skype: info.77greatestates or info@77GreatEstates.com. Posted in: Conferences Spanish Galleon, The Times of MaltaLast Updated on 08 April 2010 Photo : Chris Sant Fournier It would not have been around at the time of the Great Siege of 1565 but passersby must have been reminded of that epic conflict when Galeon Andalucia, a replica of a 17th century Spanish galleon berthed at Pinto Wharf yesterday afternoon. The 52-metre long vessel is on its way to China for the 2010 Shanghai Expo. For further information, kindly contact 77 Great Estates on (00356) 2125 2455; (00356) 9944 7444; skype: info.77greatestates or info@77GreatEstates.com. Posted in: Luxury Yachts in Malta Referral CommissionLast Updated on 16 April 2010Would you like to earn more from your business – whether this is a hotel, professional firm, shop, web-site, blog, or conference organiser etc...? No expenses involved - all it will cost you is 1 minute!
“77 Great Estates” is a real estate developer and estate agency based in Malta. We have in place co-operative agreements with other real estate agents internationally.
We welcome you to provide potential buyers/lessees for property in Malta – or elsewhere. All we would need would be the full name, contact details & the property they require - we will do the rest!
In order to help you identify potential property acquirers we are also prepared to place the appropriate brochures &/or a web-page to post on your web-site. We will also consider other suggestions you may propose in this regard. Our contact details will not be displayed on the advertising mentioned and in this manner you will be able to keep track of all referrals placed by you directly with a Director of our Firm.
You will forward their contact details to us and simultaneously you may also forward our contact details to any enquirer.
Once a sale occurs through our Firm to a contact referred by you, then we will immediately inform you and we will pay you 20% of our commission (while 10% if our commission is €1,000 or less). Our commission usually varies from 3.5% (sole agency) to 5% (open agency) of the selling price. Therefore, on a sale of a property of €500,000, your 1st commission may be €5,000. Not bad for a minute’s work!
All rates quoted exclude Value Added Tax (VAT) if any.
We look forward to a long & successful business relationship.
For further information, kindly contact 77 Great Estates on (00356) 2721 7777; (00356) 9944 7444; skype: info.77greatestates or info@77GreatEstates.com.
Posted in: Offers Super Yachts at Grand Harbour Marina, The Times of MaltaLast Updated on 01 April 2010 Six super yachts visited Malta over the last few weeks, namely Southwind Of, Galaxy, Anastasia, Triton, Linda Lou and Maltese Falcon. The Anastasia and Maltese Falcon are seen berthed at the Grand Harbour Marina in Vittoriosa. The Maltese Falcon is the third largest private sailing yacht in the world and is registered in Malta. The Anastasia boasts six state rooms, seven decks, a jacuzzi, a gymnasium, an aquarium and a disco lounge. A spokesman for the Grand Harbour Marina said: "Our marina is purposely built to attract and accommodate some of the largest super-yachts in the world. In fact, in the last two years alone Grand Harbour Marina has berthed over 230 different super-yachts of varying lengths ranging from 30 to 130 metres in length." For further information, kindly contact 77 Great Estates on (00356) 2125 2455; (00356) 9944 7444; skype: info.77greatestates or info@77GreatEstates.com.
Posted in: Luxury Yachts in Malta Alice in Wonderland queen explores Malta connection – The Times of MaltaLast Updated on 28 April 2010
Actress Helena Bonham Carter, who stars as the Red Queen in Alice in Wonderland, was in Malta for a brief holiday retracing the steps of her great uncle, Charles, who was Governor of Malta in the late 1930s. She was here with her partner, director Tim Burton, their two children and some close friends on board actor Johnny Depp's boat Vajoliroja. The Vajoliroja sailed from Naples and spent a few days in Gozo before ending their three-week holiday in Malta, berthed at Grand Harbour Marina in Vittoriosa. On arrival, Ms Bonham Carter made it a point to visit the Grandmasters' Palace in Valletta to look up her uncle's name on a plaque listing all those who governed Malta during British rule. They were due to leave Malta last Friday but were stuck here, grounded by the flight cancellations that plagued Europe over the last few days. As a result, their stay was extended by another six days, which the couple turned into an opportunity to pay a second visit to the city. They left on Thursday, as soon as flights resumed. They were accompanied by Edward Woods, managing partner of BWA Yachting, the company that handled Mr Depp's yacht. He presented them with a copy of John Manduca's publication The Bonham-Carter Diaries, which looks at the period during which Sir Charles Bonham-Carter governed between 1936 and 1940. Mr Woods said: "Helena and Tim were particularly intrigued by the rich colour of our Maltese stone and by the fact that Malta boasts an illustrious history and such an impressive artistic legacy. "They kept asking many questions about Malta's role under the Knights, about the Great Siege and about Valletta and its architecture. They were also particularly intrigued by our Maltese traditional balconies." They are very close friends with Mr Depp, who is the godfather of their first child Billy Ray, and the trio has collaborated on several box office hits such as Sweeney Todd, Charlie and the Chocolate Factory and the 1990 classic Edward Scissorhands, which was directed by Mr Burton and starred Mr Depp. The partners at BWA Yachting Malta, part of an international franchise, are over the moon that the first private yacht to be welcomed to their new facilities at the Grand Harbour Marina was that belonging to a world renowned actor... to say nothing of his famous guests. For further information, kindly contact 77 Great Estates on (00356) 2125 2455; (00356) 9944 7444; skype: info.77greatestates or info@77GreatEstates.com. Posted in: Visits From Russia to Malta with love, sun, sea & safety!Last Updated on 29 April 2010
????????????, ???? ????? ?????, ? ???? ?? ?????? ? ???????????? ? ?????? 77 Great Estates ? ???????? ????? ??????????? ????????????? ????????. ? ???? ???? ???? ??????? ? ??????????? ???????? ????? ??????????? ? ??????????? ????????????, ??????? ????? ??? ???????????? ??? ??????? ???????????? ?? ??????. ? ???? ?????? ????? ???????? ? ??????? ?????????? ???? ??????? ? ???????? ? ???????? ????? ?? ??????. ? ????, ??? ??? ????? - ??????????? ?? ????? ???????? ???????? ????? ???????????? ? ????????????????, ?????? ??? ??????? ????????? ?????????? ? ?????????? ??????. ???????, ???? ?? ????????????? ??????????????? ???????? ???????? ?? ??????? ???????????? 77 Great Estates, ?? ?????? ???? ???????, ??? ??? ????? ????????????? ??? ????????? ?????? ? ?????? ???????????? ? ???????? ???? ??????????? ???????????? ?? ??????? ? ? ???????? ?? ?????????? ????. ????? ?????? ?????????? ????????????, ???? ???????? ?????????? ????? ???????? ????? ?????, ?????????? ??????? ?????????? ? ???????? ?? ?????????? ? ????????; ?????????? ?????? ???????-??????? ????????????, ????????? ? ?????????? ??????????? ??????????, ???????? ??????????? ?????. ???????? ????????? ??????????? ????????? ????????? ? ?????????? ? ????????? ??????????? ?? ??????, ??????? ?????????, ???????????? ??????. ? ??????????? ?? ????????? ?????????????? ??? ????????????? ?????, ?????? ??????????????? ????? ???????? ??????????? ????? ???? ????????????? ?????????. ??? ????????? ????? ????????? ?????????? ?????????? ??????????? ? ???????? 77 Great Estates ?? ????????? (00356) 2125 2455 (????) ??? (00356) 9944 7444 (????????? ???????); ??? ????? ? ?????? - info.77greatestates; ????? ??????????? ????? - info@77GreatEstates.com.
Greetings! I am Elena a Russian translator living in Malta. I collaborate with 77 Great Estates offering translation services for Russian-speaking clients. I am experienced in verbal and written translations of legal and technical documentation when purchasing or leasing property in Malta. I bought an apartment in Malta and I assisted quite a few people to purchase and sell their property in Malta. I know how important it is to understand the local property market and legislation before making a serious investment in a foreign country. Therefore, if you are considering to use the services of 77 Great Estates, I may assure you that you will be provided with all the necessary assistance in sourcing the property which fits your requirements and translating all essential documentation from Russian to English/Maltese and vice-versa. Apart from sourcing the right property, 77 Great Estates and I offer a "1 stop shop" including the drafting of the necessary documents; opening a bank account, obtaining a residence permit for Malta etc. Last but definitely not least, 77 Great Estates offers the services of the translator FREE of charge depending on the price (or rent) of the property purchased (or leased)! For further information, kindly contact 77 Great Estates on (00356) 2125 2455; (00356) 9944 7444; skype: info.77greatestates or info@77GreatEstates.com.
Posted in: Translators DisclaimerLast Updated on 14 May 201077 Great Estates of 77 Ltd makes every effort to maintain the accuracy of the information on this website but cannot accept responsibility for any prejudice, loss or damage which may occur from use of the information. The articles are intended only as initial general information. They reflect views and not necessarily those of any court, authority or government. They are not exhaustive, and further advice should be sought for each particular situation before any decisions are taken. 77 Ltd does not provide quality control of external links; the possible inclusion of any company's or trader's name within the pages should not be construed as a recommendation of that company's or trader's products and/or services.
Posted in: Notice Our estate agency’s feesLast Updated on 14 May 2010
77 Great Estates fees are the following:
1. Sale of property under sole agency agreement:
2. Sale of property not under sole (i.e. open) agency agreement:
3. Commercial lets:
4. Long term residential lets (6 months or more):
5. Short term residential lets (less than 6 months):
77 Great Estates’ minimum total fee is €350. All fees, rents and premiums stated above exclude Value Added Tax if any. Fees are paid once parties enter the final contract.
For further information, kindly contact 77 Great Estates on (00356) 2125 2455; (00356) 9944 7444; skype: info.77GreatEstates or info@77GreatEstates.com.
Posted in: Notice Valletta Grand Prix - The Sunday Times MaltaLast Updated on 25 May 2010The historic bastions of Valletta served as a backdrop to the 2010 edition of the Valletta Grand Prix, a weekend of races with Malta's crème-de-la-crème of classic cars competing. The races, on May 8 and 9, marked the end of six days of events. Participants went on various drives and sightseeing trips. On May 6, the cars were scrutineered at Hal Far. Scrutineering ensures that each car is in accordance with the rules as stipulated by the event organisers. A series of drag races ensued at the raceway. President George Abela received participants at San Anton Palace on May 7. Valletta Waterfront was the destination for that afternoon's Concours d'Elegance. This involved participating cars being judged on criteria such as condition, rarity and value. Three foreign judges, Guy Broad, a Jaguar specialist, Toby Ross, an Italian and French car valuation specialist, and Ron Middleton, a racer and rally driver, will be determining the best car at the event. The main event kicked off on the morning of May 8, with practice and show runs displaying competing cars and others from Maltese clubs representing other motorsport disciplines. The day's sprint races started from the bottom of Crucifix Hill, next to Valletta Waterfront's cruise liner terminal. The finish line was at the top of Great Siege Road. The participating cars departed at a few second intervals and were timed individually over the race distance. On May 9, participating cars were split into five classes according to their age and modifications. The races started and finished in Nelson Avenue. Show runs were on in between each race. The classic cars raced against the clock around the formidable bastions of Valletta, happily with no incident. For further information, kindly contact 77 Great Estates on (00356) 2125 2455; (00356) 9944 7444; skype: info.77GreatEstates or info@77GreatEstates.com. Posted in: Events |
Archives
Categories
|
Loading...
