Cap. 246 Art. 3Persons who may acquireimmovable property without a permit.

(1) Without prejudice to the other provisions of this Act:

(a) a resident of Malta may acquire by an act inter vivos immovable property in Malta by or under any title without the necessity of obtaining a permit under this

Act;

(b) a citizen of Malta and a citizen of a Member State who in either case is not a resident of Malta may not, without the necessity of obtaining a permit under this Act, acquire immovable property for secondary residence purposes by an act inter vivos in Malta.

(2) For the purposes of this Act "immovable property for secondary residence purposes" shall exclude:

(a) any immovable property which is to serve as the primary residence for the person acquiring the immovable property; or

(b) such immovable property the acquisition of which is required for the carrying out of such person’s business activities or the supply of services by such person.

(3) A person, other than a physical or a non-resident person, may acquire by an act inter vivos immovable property in Malta without the necessity of obtaining a permit under this Act where such immovable property is required for the purpose of carrying out the activity for which it has been set up.