Attractive Tax Rates
One of the primary attractions for entrepreneurs considering a move to Malta is the nation’s favourable tax rates for residents. Furthermore, Malta imposes no wealth or capital gains taxes, making it an appealing choice for entrepreneurs seeking to minimise their tax obligations.
High Quality Of Life
Apart from favourable tax rates and market access, another enticing factor for those contemplating relocation to Malta is the country’s exceptional quality of life. Maltese cities boast cleanliness and safety, complemented by a pleasant year-round climate. The cost of living in Malta is comparatively lower than in other EU countries and Malta boosts universal healthcare that ranks 9th globally and an education system that’s robust and world renowned.
Market Access
Malta’s popularity among entrepreneurs is also attributed to its access to markets. Thanks to the island’s strategic location, businesses in Malta enjoy access to consumers within the European Union, have easy access to the African and Middle Eastern markets, and companies based in the country can leverage trade agreements between the EU and other nations.
Considering these combined factors it’s no surprise that more individuals are choosing Malta as their preferred home base.