Tag: rentals
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ADPD to propose Airbnb regularisation
Malta’s Green Party, ADPD, is set to propose Airbnb regularisation as part of proposals aimed at addressing Malta’s housing crisis, The Maltese Herald can confirm. The Green Party is set to release its electoral manifesto after it is approved by its Extraordinary General Conference set to take place next Saturday. Political parties were caught off…
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Only 10% of tenants are Maltese
According to the latest Quarterly Review Report of Q1 of the Central Bank of Malta, only 10% of tenants in Malta are Maltese with the rest being foreigners. 17% are EU nationals and 73% are third-country nationals. 64% of tenants are males at an average age of 37 tears with 91% of tenants working full-time…
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Many of the Chinese applying for passports or residency schemes don’t actually live in their rented properties
Chinese citizens who apply for residency or passport schemes in Malta don’t necessarily live in the properties they are renting and this is why JWP Malta of Delsk can pretend to be renting out properties. This type of fraud is very simple. Chinese residents are paying up to 600 just to rent properties for official…