According to several studies, Malta is regularly placed in the top ranks of the best countries to live in. What are the reasons for investors to choose the archipelago as a competitive alternative in Europe? Here are eight of them.
A beneficial geographical location within Europe
In the heart of the Mediterranean, Malta is a local destination, easily accessible from the main European capitals (3 hours by plane maximum). The island remains close to its European neighbors thanks to excellent air (international airport) and sea connections (1.5 hours from Sicily at high speed).
An open and safe country
A study on crime and quality of life regularly ranks the island among the safest countries in the world, which is a significant asset.
A high quality of life
According to several major international studies, the Republic of Malta is a country with one of the best qualities of life.
Easy communication with public authorities
Because Malta is a small country, there are fewer bureaucratic obstacles. There are few steps to go through which can shorten the administrative procedures.
A business-friendly regulatory framework
The Republic of Malta is very good at adapting to economic changes. This translates into a great flexibility and reactivity of the administrations and finally into a regulatory framework oriented towards companies.
Very good political and social stability
At the political level, the Republic of Malta is characterized by stable governments. It is also a country in which negotiation and dialogue are the basis for social peace, which includes, in return, progress and social justice and respect for work.
A competitive tax system
Malta has a particularly favourable tax environment for investment, thanks to the liberal policy of successive governments. The country has signed numerous agreements, including a double taxation agreement with various countries in force since 1977. The companies established in the country therefore benefit from these agreements.
A productive English-speaking workforce
Today, people from over 170 countries live on the island. Because of its geographical location, Malta has been influenced by Latin, Arab and Anglo-Saxon cultures for almost 160 years. Thanks to this, the majority of the Maltese are fluent in at least two, if not three, languages, which is a clear advantage over other countries.
Discover our article to help you know where to live in Malta.