Through an amendment that came into force last week, citizens of the European Economic Area (EEA) and likewise citizens of Switzerland, are now allowed to own and register vessels under the Malta Flag.
Previously, Swiss citizens as well as natural persons that were citizens of member states that form part of the EEA could not register vessels in Malta – this privilege was previously limited to citizens of Malta and the EU. This anomaly has now been removed on the strength of an amendment made to the Ships Eligible for Registration Regulations (S.L. 234.23).
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