{"id":22663,"date":"2021-11-17T18:37:16","date_gmt":"2021-11-17T11:37:16","guid":{"rendered":"https:\/\/porticoandbridge.com\/?p=22663"},"modified":"2022-01-21T18:51:22","modified_gmt":"2022-01-21T11:51:22","slug":"retire-in-malta-best-plan-for-your-future","status":"publish","type":"post","link":"https:\/\/porticoandbridge.com\/en\/retire-in-malta-best-plan-for-your-future\/","title":{"rendered":"RETIRE IN MALTA \u2013 BEST PLAN FOR YOUR FUTURE"},"content":{"rendered":"

Retire in Malta. What is Malta\u2019s retirement policy? Why is this country a \u201cheaven\u201d for retirees who wish to spend their old age in Europe?<\/span> Malta is ranked TOP7 by BBC NEWS as one of the best countries to retire abroad. Which policy makes this country such a heaven for retirees? Why do investors chose Malta to invest for their parents\u2019 retirement? Let\u2019s get to know more about it right away with Portico & Bridge!\u00a0<\/span><\/em><\/p>\n

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MALTA\u2019S RETIREMENT ELIGIBILITY REQUIREMENTS\u00a0<\/b><\/h3>\n

Like other countries, Malta also applies specific eligibility requirements on retirement age as well as provides retirement benefits as follow:\u00a0<\/span><\/p>\n

Those who were born on or after 1<\/span>st<\/span> January 1962 will enjoy their retirement on their 65<\/span>th<\/span> birthday. However, Maltese citizens are totally eligible for pension since they reach the age of 61. This is why most Maltese senior citizens chose to begin their retirement among the age between 61 and 65.\u00a0<\/span><\/p>\n

In case of immigrants, you can move to Malta once you reach your retirement age in your home country or even sooner. The sooner you settle in Malta, the more pensions you would receive whereby you can better enjoy your life on this island.\u00a0<\/span><\/p>\n

ABOUT MALTA<\/b><\/h3>\n

Malta comprises an archipelago of six islands and islets which is 100 miles away from North Sicily. For years, Malta has been a popular place for leisure travel thanks to its stunning towns and picturesque views. Recently, this island country has also been widely known as one of the most ideal places to retire in.\u00a0<\/span><\/p>\n

WHY SHOULD YOU RETIRE IN MALTA?<\/b><\/h3>\n

After many years of hard work, it is your rightful decision to rest and recover the way you deserve. Therefore, to determine where to spend retirement is the matter of great importance for everyone. For your further reference before deciding to retire in Malta, we have included some significant features regarding retirement life in this country.\u00a0<\/span><\/p>\n

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Retire in Malta \u2013 Enjoy the world\u2019s top5 healthcare system\u00a0<\/b><\/h4>\n

Malta has been doing an excellent job in delivering healthcare service that is of high quality. Both Malta\u2019s public and private healthcare institutions are modernly equipped with cutting edge facilities and are accessible nationwide, in its every member island and islet.\u00a0<\/span><\/p>\n

Malta is also the 5<\/span>th<\/span> best healthcare system in the world. In Malta, you will only find large hospitals with high quality facilities, absolutely cleanliness and quietness. These hospitals practice the sole priority of maximizing the well-being of patients by providing the utmost comfortable conditions.\u00a0<\/span><\/p>\n

Hospitalization fee rate at public hospitals in Malta is very low and if you are a Maltese permanent resident, you will be entitled to charge-free healthcare services.\u00a0<\/span><\/p>\n

Considering Malta\u2019s excellent healthcare system, this country has thoroughly satisfied one of investors\u2019 prerequisite expectations when determining a country to retire abroad.\u00a0<\/span><\/p>\n

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Retire in Malta \u2013 Risk-free life\u00a0<\/b><\/h4>\n

As per the World Risk Report by the UN Institute for Environment and Human Security, Malta is the second safest country in the world.\u00a0<\/span><\/p>\n

In Malta, the general crime rate is remarkably low except for those regarding bribe and corruption. Even in Gozo, an island of Malta, no actual criminal case has ever been registered.\u00a0<\/span><\/p>\n

Moreover, the people there live a leisure life that is without the hustle and bustle. By living side by side with the stunning beaches under the pleasant weather of 300 sunny days per year, retirees would absolutely be able to enjoy the rest of their life to the fullest. Plus, there is a wide variety of festivals and public events that really work to fill retirees\u2019 life with excitement and<\/span> experiences<\/strong><\/span><\/span><\/a>.\u00a0<\/span><\/p>\n

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Malta\u2019s grant for the retirees\u00a0<\/b><\/h3>\n

In simple terms, this is the pension granted by the Government for those who are of retirement age and satisfy all the eligibility requirements. There are various forms of grant but the main one in Malta is called the \u2018Two-thirds Pension\u2019.<\/span><\/p>\n

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Even when you have successfully resided and become a legal citizen of Malta. You will have to satisfy one of these following criteria to be eligible for the Two-thirds Pension program:<\/span><\/p>\n