this is taken from latest FAQ site
REGISTRATION TAX
AND
ANNUAL CIRCULATION
LICENCE FEES GUIDELINES
Effective as of 1st January 2009
I reside outside Malta and I will be transferring my residence to Malta. If I
bring my vehicle with me what will be the amount of Registration tax that I
have to pay?
If you bring your vehicle permanently into Malta when transferring your
residence from a place outside Malta to a place in Malta you will not pay any
registration tax subject to the following conditions, and subject to proof of all
the these conditions as requested by the Authority for verification:
a) You shall have been residing outside Malta for at least twenty four
months;
b) The motor vehicle has been in your possession for at least twenty-four
months before the change of residence;
c) It had been acquired under the general conditions of taxation in force in
that other country and is registered in your name;
d) No such exemption shall be given to a person who had gone to live
outside Malta primarily for the purpose of pursuing a course of studies, or
who had been working outside Malta on a task of duration of less than
two years and his personal ties remained in Malta;
e) The said exemption shall apply to no more than one motor vehicle owned
by you;
f) The motor vehicle cannot be disposed of, hired out or lent during a
period of 36 months following its importation or its bringing into Malta,
except in circumstances duly justified to the satisfaction of the Authority;
g) The registration of such motor vehicle must be processed within 12
month of the individual’s transfer of residence.
"g) The registration of such motor vehicle must be processed within 12
month of the individual’s transfer of residence"
so i can drive it for 12 months without registering my vehicle owned for more than 24 months??
https://secure2.gov.mt/vehicleregistration/faq?l=1