What is the 1% provisional stamp duty on the Konvenju in Malta?

The short answer

When your Promise of Sale (Konvenju) is registered — within 21 days of signing — you pay 1% of the price as provisional stamp duty. This is one-fifth of the eventual 5% total; the remaining 4% falls due on the final deed. Your notary handles the registration and the provisional payment.

Registering the Konvenju with the tax authorities within 21 days of signing is a statutory step, and the 1% provisional duty is paid at that point.

It isn't an extra cost — it's the first instalment of the 5% total stamp duty, with the 4% balance settled at the final deed. If the sale doesn't go through, the treatment of the provisional payment depends on the circumstances, so ask your notary.

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