Living in Malta
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Living in Malta
Imagine a Mediterranean island where summers are long and golden, winters are mild and the warmth of the people is legendary. Picture yourself in a place where you and your family can enjoy the highest living standards, amidst colorful local culture and a landscape steeped in history. Escape to a haven which basks in sunshine, lapped by waters of the clearest blue. The land of your dreams is Malta - and there are excellent practical reasons for making this enchanted island your permanent or holiday home or business relocation destination.

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Attractive residency schemes
The government of Malta encourages overseas purchasers to buy property on the island for use as a permanent residence or holiday home -  a policy which has been upheld by successive administrations. For those wishing to take up Permanent Residence status, financial requirements are modest. Pensions are freely transferable to Malta from abroad. 
 

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Tax advantages
The Permanent Residency scheme entitles property owners to pay income tax in Malta at the unusually low rate of 15%. Companies can also benefit from attractive tax incentives. Both Temporary and Permanent Residents benefit from double taxation agreements which exist with the majority of western countries. These ensure that tax is not charged on the same income twice.

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High standards of health care
Malta has excellent medical facilities, including well-equipped state and privately owned hospitals run by highly qualified doctors and staff. Reciprocal health care agreements exist between Malta and some countries, resulting in treatment at normal or no cost. 

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Low cost of living
Annual living costs in Malta are substantially lower than the U.K., Spain, Portugal, France, Italy and Cyprus.  

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No annual rates or property taxes

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Easy integration in local society
Non-Maltese residents have made their homes throughout Malta in towns, villages and even the smallest hamlets. They are readily welcomed and accepted by the local people, most of whom speak good English, and it is easy for them to become actively involved in a wide range of social, sporting and cultural activities. Permanent Residents may even vote in local council elections. Children can obtain a high standard of education at a number of excellent private schools.  

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A safe environment
The crime rate is low. Children can play outside in absolute safety, and all areas are safe to walk or drive around at night. It is not unusual for locals to leave their front door key in the lock!  

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An ideal business location
Malta is a tax efficient business location with a broad range of financial and support services, complemented by excellent telecommunications and air connections. There is economic and political stability, and it is easy to recruit well-educated staff. There are no ethnic problems. 

 

 

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Last modified: April 04, 2007