This article is about why it makes sense to move to Malta as an expat in 2024. Whether you are a retiree seeking a peaceful life, a digital nomad searching for remote work spots, or as a family thinking of a fresh start, this tiny island has lots of great things going for it.
From its two languages to its friendly tax system and lovely weather, Malta is a fantastic place to call home. In this guide, we’ll talk about 12 reasons why Malta is such a great pick for expats.
We’ll give you easy-to-understand info and handy tips to help you settle into this charming Mediterranean gem with ease.
1. Strategic European Location
In the heart of the Mediterranean Sea lies Malta, serving as a gateway to key European destinations. You can conveniently hop on flights to major cities such as London, Paris, and Rome, as travel times are short. Malta’s central location makes it effortless to explore Europe for both business and leisure purposes.
Plus, Malta is part of the Schengen Zone, where borders are open and there are no passport checks when you travel within.
Since Malta is one of Europe’s tiniest countries, you can zip around it in no time! Here’s how long it takes to fly from Malta to a few popular European cities:
- London: 3 hours and 10 minutes
- Paris: 2 hours and 40 minutes
- Istanbul: 2 hours and 20 minutes
- Barcelona: 2 hours and 10 minutes
- Rome: 1 hour and 25 minutes
2. Robust Economy
Malta’s economy has a steady growth. It’s one of the fastest-growing economies in the eurozone, which means it’s a good place to build your career or start a business. Industries like tourism, finance, and online gaming are doing really well, so there are lots of job opportunities and chances to invest your money. In conclusion, Malta is a solid place for expats who want to do well financially.
3. Favourable Tax System
You can make the most of Malta’s tax benefits to attract rich people and businesses. Malta has low taxes for certain people and businesses, which makes it a good place to save money and grow a business.
4. Visa and Citizenship Options
You can easily go through Malta’s immigration process because Malta is part of the European Schengen visa system. You can get short-stay visas easily to travel around the Schengen Area without any trouble. If you want to stay longer, you can apply for permits that will let you live in Malta and eventually become a citizen. There are also programs where you can invest in Malta’s economy to become a citizen. Here is a guide for every type of Maltese visa and requirements.
5. Diverse Employment Opportunities
Malta offers a variety of job options in industries like finance, gaming, tourism, and logistics. So, whether you’re looking for jobs in big areas or newer ones, Malta’s job market has lots of opportunities for you to grow in your career. You can easily handle the work permit process and use Malta’s growing sectors to find jobs that make you happy and successful.
6. Affordable Healthcare System
If you are employed or self-employed and pay national insurance contributions, you can use Malta’s healthcare system, which is known for being good and easy to use. You get healthcare coverage through taxes, so medical services are affordable for everyone, so you can get all the healthcare you need at the same level as other countries in Europe. This helps keep you and your family healthy and worry-free. Note that residency permits generally require you to take out private health insurance.
7. A Growing Real Estate Market
Malta has a lively real estate market, which has shown incredible resilience and presents many different types of properties. Whether you want a new apartment or an old-style villa, Malta has something for every lifestyle and budget. You can easily find your way in the property market with help from real estate agents who know their stuff, and there are plenty of options for renting or buying a place.
8. Efficient Transportation Infrastructure
You can get around easily in Malta because it has a good transportation system with cars, buses, and ferries. You can travel around the island’s pretty scenery easily using cheap public transport and handy ferry services. Whether you’re going to work or exploring for fun, Malta’s transport system makes it easy and convenient to get where you want to go.
9. Safe and Secure Environment
You can feel safe and secure in Malta because it’s a place with low crime. Malta makes sure to keep people safe with lots of rules and safety measures, creating a friendly and inclusive atmosphere for everyone. You can enjoy Malta’s mix of cultures and community, which helps you feel like you belong there.
10. Language Advantage
Malta has a special mix of languages, with English and Maltese as its main ones. This mix helps expats a lot because it makes it easy to talk with people here, whether you’re doing business or just chatting.
Since many people in Malta speak English well, it’s easy for new folks to fit in. Plus, there are lots of language schools where you can learn English if you want to improve your skills for work or fun.
11. Ideal Climate
Malta has sunny weather all year round, which is great for outdoor fun no matter the time of year. Winters are mild, averaging around 9°C, while summers are warm, reaching highs of 31°C. With over 3,000 hours of sunshine every year, Malta has more sunny days than many other places in Europe.
12. Diverse Social and Cultural Scene
You can dive into Malta’s lively social and cultural life, filled with lots of different things to do and events. You can connect with other expats by joining social media groups and going to community events, where you can make friends and have fun together.
Moreover, you can explore its interesting history and culture through art, music, and food, celebrating what makes the island special and its mix of different cultures.
There are local markets and retail outlets for fresh produce and household goods, or indulge in a shopping spree at modern malls and boutique stores. With diverse dining options and recreational facilities, Malta offers everything you need for a fulfilling and enjoyable lifestyle experience.
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If you’re considering relocating here, check out our articles for helpful information on residence permits, opening a bank account, taxes, healthcare, and more. Stay in the loop by following us on Facebook and Twitter, or contact us for any questions.
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