The Maltese Ministry of Finance has changed the law governing the purchase of property in Malta by non-Maltese nationals.

As things now stand apartments and maisonettes may not be purchased for less than approximately £54,000 (dependant upon the exchange rate), and houses and villas may not be less be bought for under approximately £91,000.

The move has been made to protect the interests of local residents on what is a relatively small country, in which the supply of property is limited.

However, EU Citizens who intend on moving to Malta on a permanent basis are exempt from these thresholds.