Inheritance tax in Malta
Malta has no inheritance or gift tax , it was abolished in 1992. When real estate is transferred , however, there is a tax ( transfer tax ) of 5% of the value of the property, and only half of the value for transfers between spouses. A house used by a spouse remains entirely tax-free, provided that the surviving spouse does not sell it during his or her lifetime. Marketable securities, especially shares in Maltese companies, are taxed at 2%.
