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€10,000 for First-Time buyers in Malta: Scheme launched today

€10,000 for First-Time buyers in Malta! Scheme launched today
Feb 17 2023 Share

The Maltese government has announced the a new initiative aimed at assisting people whom have become homeowners for the first-time.

This scheme is designed for those who have acquired their first property after January 1, 2022, and provides a grant of ten thousand euros (€10,000) over a ten-year period.

In a press conference held at Auberge de Castille, Prime Minister Robert Abela and Social and Affordable Accommodation Minister Roderick Galdes announced the details of the eagerly awaited scheme that is destined to be very popular with Maltese residents who are planning to become home owners or who have recently bought their first property.

The government’s goal with this initiative is to encourage young people to take this important step and provide them with a strong boost in the first crucial years after their acquisition.

The grant will be provided in the form of annual payments of one thousand euros (€1,000) and will be deposited into the applicant’s bank account.

In order to qualify for the grant, applicants must be Maltese citizens or citizens of the European Union.

In cases where a property is purchased by a couple, the bank account must be in both names. In the case of married couples or partners in a Civil Union, it is sufficient that one party is Maltese. If a couple who acquired the property together decides to end their relationship, the remaining grant will continue to be given to the applicant who keeps the property. The purchased property must also be the first residence of one of the applicants.

To apply for this scheme, applicants must complete a prescribed form and submit it to the Housing Authority office or online through the Housing Authority website: housingauthority.gov.mt

The application must be submitted after the contract has been signed and before the stipulated deadline.

The grant will be stopped immediately in the event that the property is sold to third parties.

In conclusion, this scheme is a great opportunity for young people to get financial assistance in the process of becoming homeowners.

Applications will open on Monday!

#MaltaDaily

Top local artists and DJs to hit Nadur Carnival stage tonight!

Top local artists and DJs to hit Nadur Carnival stage tonight!
Feb 17 2023 Share

Megan May, Kevin Paul, Kurt Calleja, and some of the island’s top local DJs will entertain the crowd tonight from 7pm onwards. 

After an absence of two years, the spontaneous Nadur carnival will once again be hosted in the heart of the town of Nadur on the 17-21st February 2023!

The carnival celebrations are being organised by the Nadur Local Council, Ministry For Gozo and Cultural Heritage Directorate, in collaboration with G7 Events and Malta Daily.

Nadur’s carnival will see some of the very best of Malta’s top local artists. The Friday night will kickstart at 7.30pm with Megan May, Kevin Paul and Kurt Calleja performing on stage in collaboration with G7’s resident DJs.

Malta Daily’s Keane Cutajar will be presenting the event to all those attending. 

Two official parties hosted BY G7 Events and Elevated at the Aurora in Rabat will also be taking place for all those planning to attend the costumed celebrations! 

#MaltaDaily

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Mr Beast puts his name forward to become CEO of YouTube

Mr Beast puts his name forward to become CEO of YouTube
Feb 17 2023 Share

Massively popular YouTuber Mr Beast has just put his name into the bag to become the new CEO of the video based platform. 

Jimmy Donaldson, the man behind the 134 million subscribers YouTube channel, has also acquired a considerable amount of money through his work. 

The 24-year-old is now setting his sights on literally owning the platform which contributed to, if not creating, his wealth. 

Responding to a tweet which shared the news of YouTube CEO Susan Wojcicki stepping down, Mr Beast asked: ‘Can I be CEO?’

Now, this could might very well be a joke, but given his net worth as well as the ongoing trend of popular rich people buying entire platforms (Musk and Twitter), this might become a possibility. 

Wojcicki announced on Thursday February 16th that she would be stepping down after nine years leading the platform. For the time being, the position of fCEO is going to chief product officer Neal Mohan. 

“Today, after nearly 25 years here, I’ve decided to step back from my role as the head of YouTube and start a new chapter focused on my family, health, and personal projects I’m passionate about,” she announced.

She continued: “For all the YouTubers I’ve had the privilege to work with, you have done so much to make this platform better over the years.

#MaltaDaily

Prime Minister visits Maltese carnival artists and float creators

Prime Minister visits Maltese carnival artists and float creators
Feb 17 2023 Share

As various artists around Malta and Gozo give the finishing touches to their Carnival floats ahead of the festivities taking place, Prime Minister Robert Abela paid a visit to the various artists. 

Organised by Festivals Malta, Malta’s Carnival is one of the oldest traditions held on the islands, going back approximately 500 years. 

The activities will be spread over 5 days in Valletta, with various competitions taking place ranging from floats, competitive dance, installations, costumes, etc. 

The Prime Minister talked about the tradition with the participants, who explained to him how they create their work through a creative process. 

The work takes three months or more to complete, earning the praise of Abela for the determination and commitment to the craft. 

The Prime Minister also got a chance to see the new vehicles which will be used during Carnival, which were made possible through a €2.1 million investment. 

He explained how the government is committed to continue investing into this cultural sector and making it sustainable and secure for all those participating. 

#MaltaDaily