Why Move to Malta?
Malta’s diverse Real Estate market, ranging from luxury townhouses to waterfront modern apartments and exclusive villas is one of many reasons why moving to Malta is an excellent choice. Furthermore, Malta is politically and economically stable and has the perfect climate for catching some sun on its beautiful beaches and outdoor activities. The country boasts a well-developed healthcare and educational infrastructure, and the Maltese are a naturally warm and friendly people, and you and your family will undoubtedly be welcome. The slow-paced life on the island is contrasted with the country's vibrant spirit, blending tradition with innovation, making Malta a must-visit destination.
Malta is also known as the Jewel of the Mediterranean, and it contains countless hidden gems awaiting your discovery. For such a small country, spanning only 122 square miles, Malta boasts a vast history, dating 7000 years.
Most of the country is Catholic, the result of an overwhelming Christian influence which is still present in Maltese culture, due to the presence of the Knights of Malta, a former military order that helped build much of the country. Valetta is both the smallest capital and the sunniest city in Europe, receiving almost 3,000 hours of sunlight per year. The entire city is also a UNESCO World Heritage Site.
Investing in Malta will require acting within the legal framework, and Investment Visa is here to guide you through the process. Our team of experts specializes in all matters regarding taxes and the law, and they are ready to help you and ensure your application process goes smoothly.
- Population: 535.000 (2023 est.)
- Capital City: Valletta
- Climate: Mediterranean climate with hot, dry, and sunny summers, and mild winters.
- Time Zone: Central European Time (CET)
- Language: Maltese and English
- Country Code: +356
- Currency: Euro
- Economy: Financial services, tourism, real estate, and manufacturing, particularly electronics.
- GDP Per/Cap: $33,642.00 (est. 2023)
- Borders: Maritime borders with Libya and Italy.
Malta blends a vibrant lifestyle with a serene and tranquil-paced life. Its rich cultural roots captivate history enthusiasts, and the stunning beaches attract sun and sea lovers. The strategic location makes the economic scenario enticing for investors, and due to the variety of properties, real estate is one of the most sought-after investments. Malta offers peace, insurance, and connection with nature.
Cost of living
Moving to Malta is an excellent choice if you intend to create memories with your family in an affordable and stunning location. Prices vary between regions, and more populated and touristic areas will naturally prove more expensive. In contrast, rural and low-density population locations will be more affordable. In general, the Maltese enjoy a more relaxed way of life in comparison to other European countries
Safety should not be a concern when considering moving to Malta, as this peaceful country is characterized by low crime rates. You can enjoy daily life in Malta without worrying about security. This matches nicely with the overall sense of tranquility the island naturally provides.
The Maltese healthcare system is well-developed, with access to facilities and specialized medical care available all over the island. Despite having a reliable public healthcare infrastructure, it is still advisable to obtain private medical insurance if you are relocating to Malta.
In opposition to other countries, Malta is a dual-langue country, implementing the second language from an early age so that the Maltese population can be fluent in both idioms – this is one of the factors that attracts families looking to relocation. The educational system is well developed, with international schools and a variety of learning options.
Maltese and English are both officially recognized languages in Malta. Expats and their families thinking of relocating to Malta should have no issue whatsoever in communicating with the locals.
Money and taxes
Malta has a business-friendly environment, presenting a strong currency, the € EURO, and a stable market open to foreign investment. The country also offers tax incentives, double taxation agreements, and boasts many booming sectors such as real estate, tourism, and technology and ensuring your investments are financially secure.
Sliema and St. Julian's
Do I Need a Visa to Move to Malta?
EU/EEA citizens can move to Malta without a Visa for up to three months. If they wish to extend, they must notify the Maltese authorities or obtain a national visa. This means that you can work, study, live in Malta, and move to other EU/EEA countries visa-free.
Moving to Malta as an EU citizen
Since Malta is part of the European Union and the Schengen Area, moving to Malta as an EU citizen will prove a much less difficult endeavor. Malta allows EU visitors to stay in the country to live and work without any sort of legal notification for up to a maximum of three months. After the time has expired, the EU citizen must notify the Maltese authorities.
Moving to Malta as a non-EU citizen
EU/EEA citizens can move to Malta for an extended period if they get a national visa, which is issued for the purpose of working, studying, family reunification, and other reasons that require long-term stays in Malta. After that, there is the need to apply for a temporary residency permit.
Investing in Maltese Real Estate
Malta has the particularity of having two Golden Visa programs, one dedicated to Residency and another to Citizenship. They are both exclusive to investment in properties. This comes from the existence of a plentiful, healthy Real Estate market which is not only consistently appreciating, but also an important cornerstone of the country’s economy. Because of this Malta becomes an extremely enticing option, allowing worldwide investors to become Citizens through its Golden Visa program by investing in Real Estate. Though this Citizenship solution is extensive, requiring vast amounts of documentation and several strict due diligence checks, it is ultimately worthwhile, as it grants full legal status in a country within the European Union. The benefits do not end there, as this avenue also presents the opportunity to obtain profitability. Though while not as well-known as other Southern European countries, Malta is still a hotspot traveling destination, receiving thousands of visitors every year. With a property of your own in Malta, you can lease it out and rent it to tourists, earning a hefty return on the investment.