Set in the heart of the Mediterranean, with a population of just over 535,000 and millions of tourists visiting yearly, Malta is a buzzing island. The island attracts tourists and investors looking to build a life in the sun, close to the sea. Malta's weather is one of the major draws for people considering moving there and living there. In addition to the easygoing lifestyle, there are plenty of leisure attractions that contribute to this desireability.
Due to its location in the middle of the map, Malta is an excellent choice for investors from both the West and the East.
Let's see the top 5 reasons to select Malta as your new home:
Although Maltese is the national language of Malta, most locals are multilingual. Both English and Maltese are the official languages of the country.
If you’re from an English-speaking country, this is one of the best benefits of living in Malta!
The Maltese lifestyle is relaxed and easygoing. The people are amiable and will go out of their way to help you if needed. There is a strong sense of community among Maltese, and crime rates are among the lowest in the world. Throughout the island, culture plays a crucial role in the way things are done on a daily basis.
For those who hate cold, Malta is an excellent destination. The island has over 300 sunny days per year. Though temperatures may climb higher than 30 °C in the summer, the humidity on the island is not extreme, so even the summers are quite pleasant.
Since outdoor temperatures rarely drop below 10°C in Malta in winter, spending time outside isn't unpleasant even in winter.
In Malta, healthcare is accessible to locals of Malta and all registered residents, so once you have your Social Security Number and residence card, you can visit doctors free of charge. The country also offers private hospitals and clinics if you can pay. Dental care is also much cheaper than in other destinations in Europe.
Malta is a tax-friendly country and you can significantly reduce your taxes by moving there.
Malta is an excellent jurisdiction to set up a business, establish permanent residency or gain Maltese citizenship thanks to its central Mediterranean location, stable regulatory framework, favourable tax regime, and foreigner-friendly regulations.
Moving to an offshore jurisdiction like Malta may be beneficial in the long term. You will have to pay taxes (a small amount), but no one will ever make you fill out ten extra forms just because you’re running a business in a tax haven. You will also have the advantage of an EU business and all the perks that come along with it, like a stable political and economic landscape.
What should you do now?
Malta is the best place to invest in and settle down no matter where you come from. Everyone can easily integrate into the community because of its acceptance, diversity, cosmopolitanism, serenity, and high living standards.