Source: Investment Migration Insider
Author: Christian Nehseim
Background: Real estate’s role in the Maltese economy
The real estate industry is a main contributor to Malta’s economy, accounting for 7.5% of Malta’s GDP in 2018 alone. Malta’s GDP for 2019 registered an increase of 6.8% when compared to 2018, with the real estate market continuing to influence this growth trend.
The demand for quality real estate in Malta, particularly in specific zip codes, saw a steady increase over the past five years as Malta continued to attract foreigners to the country to contribute their skills or technical knowledge or experience to the labour market, particularly in the gaming and financial services sectors.
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