Malta is a small but surprisingly dynamic and highly populated little island that remains a firm favourite with the British. Handily placed between North Africa, the Middle East and southern Europe, it’s got the climate, is accessed by plenty of year-round flights and is oozing with history but also some world-class amenities such as superb marinas.
With excellent investment fundamentals and a well-established property market, it offers top quality new developments as well as traditional “houses of character”. For many British buyers looking for retirement in the sun, this small, plucky off-shoot of the British Empire – where English is widely spoken - is a safe, well-run and sophisticated location with year-round services from Ryanair and easyJet amongst others. In fact at the time of writing it has just been named one of the “Top 5 countries for affordable retirement” in the International Living Index of 2016.
It has also developed as a business hub - especially for financial services, e-gaming, software development – and film shoots. The fact it is so compact and easy to navigate makes it popular with retirees and families alike, but also younger individuals looking to relocate, and its world-class marina makes it popular on the yachting circuit.
Malta has some tempting residence programmes including the Malta Retirement Plan and the Malta Residence Programme, both offering EU nationals the opportunity to take up residence in Malta and enjoy a tax rate of 15 per cent.
Popular Locations in Malta
Mellieha
Qawra
St Paul’s Bay
Bugibba
Marsaskala
Valletta