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WHY MALTA
Relocating to Malta has more advantages than just blue seas, long sunny days, or beautiful beaches.
The island offers numerous advantages to young professionals, start-up owners and mature entrepreneurs, who are looking for a place attractive enough to set up, maintain or grow their businesses.
In Malta, they can find a thriving business environment and a Mediterranean lifestyle, all with the bonus of free movement within the European Union.
LANGUAGE
For international businesses looking to expand or establish a presence in Malta, the use of English removes language barriers and allows for seamless communication with local partners, suppliers, and customers. It simplifies negotiations, contracts, and day-to-day operations, making business transactions more efficient and effective.
Additionally, Malta’s strategic location in the Mediterranean has contributed to its status as a top destination for business. It serves as a bridge between Europe, North Africa, and the Middle East, providing convenient access to markets in these regions. The country has developed a favorable business environment with robust financial services, a stable economy, and attractive tax incentives, further attracting foreign investment and fostering entrepreneurship.
EXCELLENT CAREER OPPORTUNITIES
Malta’s economy has been consistently growing.
Many international companies have established themselves in the country, resulting in the creation of a dynamic labour markets and the creation of many jobs.
According to statistics, the unemployment rate is very low, while at the same time more and more people are flocking to the island in search of new job opportunities.
Because many of the start-ups and companies that relocate to Malta are international, there are numerous career opportunities for English-speaking professionals, which is advantageous for expats who are considering it as the next place to move to.
FAVOURABLE TAXATION FOR EMPLOYEES AND EMPLOYERS
Malta provides incentives to those who wish to come and invest, offering has a very low taxation rate in comparison with other European countries, which has been making the island increasingly appealing to business owners and employers.
The country allows foreign-owned Maltese companies to apply for a refund of 6/7 of the 35% yearly corporate tax, if the company structure complies with certain rules.
For employees residing in Malta or people looking for a job on the island, taxes are usually paid to national insurance, which means that a consistent percentage of them will be returned to the employee.
Wages depend on the experience and qualifications of the employee. Whether for part-time or full-time contract, personal income tax starts at 15% and goes up to a maximum of 35%. Usually, even high earners can benefit from a relatively low taxation in Malta.
MOVING FROM A NON-EU COUNTRY
Relocating to Malta from a non-EU country is more complicated and requires special permits and authorisations. A variety of residency opportunities are available depending on the candidate’s financial situation and professional profile, thus depending on whether they are offered a job in Malta, or they have enough money to support themselves or invest locally.
MOVING FROM AN EU COUNTRY
As a citizen of an EU Member State, moving/relocating to Malta is an easy process. European individuals in fact have the legal right to live, work, and reside in another EU country.The only obligation for EU citizens to stay in Malta for more than 3 months is applying for a residence card.
WHAT OUR SERVICE INCLUDES
#CONNECTICLUB supports professionals and entrepreneurs from all over the world with the process of job hunting and relocating to Malta. Thanks to our multiple partnerships with the best service providers, we are able to offer one-stop solutions including guidance during all phases of the Relocation process.
Our services include (but are not limited to) assistance with:
• Work Visa application;
• Work Permit;
• Maltese Resident Card Application;
• Any personal needs upon arrival (accommodation, transport, etc.);
• Incorporation, set up and maintenance of a company;
• Shared and private office space for all team sizes;
• Business advisory of all sorts (tax, marketing, promotion, etc.).