Foreign buyers are fueling Malta’s red-hot real-estate market, which offers outsiders pleasant weather conditions and the option to become EU citizens
Foreign buyers are fueling the tiny island nation’s red-hot real-estate market, which offers outsiders pleasant weather conditions and the option to become EU citizensBonnie and Michael Kelly were eager to buy a home in Europe after Mr. Kelly retired from his job at a pharmaceutical company. After two or three years of consideration, the couple, who live in York Harbor, Maine, chose Malta, an archipelago in the Mediterranean about 50 miles south of Sicily, Italy.
The Kellys liked the island’s easy access to continental Europe, its terrific weather and the lack of a language barrier. Perhaps most importantly, they liked that Malta offers property owners the option to become EU citizens....
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