If you are considering Malta as your new home, or if you intend to move your business to the sunny island with lots to offer, you are not alone. With its rich history and recent economic successes, the Maltese islands have attracted thousands of individuals and businesses who have quickly fallen in love with the island’s charm and way of facilitating business.
Location Location Location
Malta is strategically located like a bridge joining Europe and Africa. As a result it is a melting point of cultures and different languages. Made up of three islands, the Maltese Archipelago has been dubbed the diamond of the Mediterranean with easy and frequent flights in and out of Europe, Africa and the rest of the world.
Malta has established very strong and very helpful relationships with countries in the Mediterranean rim and beyond. It has many bilateral agreements with EU and third countries through which its traditional economic links keep getting stronger.
Over the years the economy has shifted quite drastically from manufacturing to a service and knowledge-oriented industry. The economic growth within these areas of business has grown exponentially and for the past decade financial, ICT, iGaming and tourism, have become some of Malta’s fastest a growing and successful niches.
Friendly & Easy
Malta has two official languages – Maltese and English. Both are understood by the majority of locals but it is generally English that is used for business and correspondence. Malta’s economic policies are liberal and encourages a competitive environment. It has a strong, yet flexible, single regulatory body in the Malta Financial Services Authority (MFSA) which is responsible for all licensed financial services activity on the islands.
A Great Place to Live and Relax
With its warm winters and abundance of sunshine, Malta provides a heavenly climate all year round. Apart from some unhappy shop attendants, the Maltese people are known for their hospitality, friendliness and willingness to help. And though driving can be a bit scary at first, because of the island’s size, living close to your place of work is never too difficult to arrange. Nightlife and places of entertainment are never ending, with something for everyone to kick back and relax at the end of every day.