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Relocating to Malta - What is it like to work and live in the heart of the Mediterranean?

about 3 years ago by Claire Darmanin
Beautiful Malta

Malta is a tiny island in the heart of the Mediterranean, but it has fascinated many people. Many have fallen in love and decided to relocate to Malta to enjoy the traditional Mediterranean way of life, an exceptional climate and a professional business culture. 

Facts

  • Malta became the jurisdiction of choice for renowed financial businesses who seek to establish themselves in a secure and well-regulated EU Country. 
  • It is the leading European jurisdiction for eGaming companies. 
  • Malta has the largest & most established shipping registry in Europe which confirm Malta’s reputation as a leading maritime hub
  • Malta has the 2nd lowest unemployment rates in the EU at 5.1%

Growing Industries

Sectors such as ICT, iGaming, Financial Services & Technology have been growing rapidly during the past decades and a large number of job openings are available for both Maltese & Foreigners.

Work

All EU nationals, are able to live & work on the island, though they are still required to obtain an employment license. Malta still holds a work permit scheme, but these are automatically granted to EU citizens. The working week in Malta has 40 hours on the average. Daily office hours in the private sector are usually between 08:00 / 08:30 and 17:00 / 17:30. While working in Malta, you are legally entitled to 24 days of annual leave and you also get a day off from work on every public holiday (14 days in total) that does not fall on a Saturday or Sunday.

Healthcare

Malta has one of the best health services in the world. All EU nationals resident in Malta are eligible to receive free medical treatment at government funded hospitals & clinics.

Standard of Living

Apart from its exceptional climate, Malta offers a stable and secure environment for families and young children. Crime is almost nonexistent, making Malta one of the safest places in the world.

Setting Up Home

Housing is easy to organise, with a wide range of properties available to rent or purchase, from fully furnished apartments to rustic farmhouses or villas with pools - all at competitive prices.

Income & Taxation

Individual are taxed between 15-35% of their income. The higher the income, the higher the tax rate.  All employees are usually given an annual pay rise based on the cost of living.

Finding a Job in Malta

You think that Malta is the ideal work destination? Let us help you find the right job for you within Finance & IT.  Have a look at the Highest Rated Job Opportunities in Malta offered by Castille at castilleresources.com/job-search

You can also view the full list of Castille’s salary benchmark castilleresources.com/salary-survey