An important aspect of the Malta Flag registration, particularly
for yachts, is the option for individual citizens to register their
vessels in their own personal name if they hold a valid EU, EEA or
Swiss passport.
Through Legal Notice 466 of 2020, the Maltese law has
now been amended to include also citizens of the United Kingdom, as
an eligible International Owner, which is beneficial to UK Citizens
who already own vessels registered in Malta but also to those
interested in obtaining a new European flag, following the Brexit
developments.
In addition to the above mention individual citizens, body
corporates or other entities, which enjoy to the satisfaction of
the Registrar General legal personality, can also be registered
owners under the Malta Flag and in case of
non-residents/international owners, a local resident agent is to be
appointed.