MALTA AND REASONS TO SETTLE IN THIS LIVABLE ISLAND NATION
Malta is known as a beautiful island country and a peaceful life. In addition to a prosperous economy, high quality of life, Malta annually attracts large numbers of immigrants from all over the world. On this island, investors will have an extremely fascinating experience. So should we settle down in Malta?
Life in Malta – Should we settle here?
Geography
Malta, officially the Republic of Malta, is an island country in Southern Europe. It consists of an archipelago in the Mediterranean. Malta is located 80 km south of Italy, 284 km east of Tunisia, and 333 km north of Libya.
– Capital: Valletta
– Area: 316 km²
– Population: more than 510,000 people
– Languages: Maltese and English
Nature and climate
The country of Malta has many bays located along the undulating coast creating stunning seaports. The topography consists of low hills and plains. Malta’s highest point is the 253m high Dingli cliff.
Malta belongs to the Mediterranean climate zone, cool and temperate all year round. It is famous for its turquoise clear waters, charming cities and a laid-back atmosphere. Malta is a country worth settling down and living in.
Lifestyle and people in Malta
Malta is covered in sunshine all year round. That atmosphere helps reduce the stress on life in Malta much more than in other parts of Europe. The pace of life here is usually slow and relaxed, suitable for those who want to escape from the busy daily life.
The people here are very sociable and friendly. Maltese citizens are extremely kind and hospitable. Especially in cities and small towns, most people are always ready to help in any way. Most of all, Malta is unlike other places, foreigners rarely encounter scammers.
Education system
The Maltese education system is developed following British standards. Therefore, the quality is highly evaluated, ensuring teaching in both English and Maltese. Maltese universities are large in size and equipped with many modern teaching facilities.
Students in Malta are always confident and energetic because of the friendly teachers with a high level of expertise. Investors will find students regardless of ages are participating in sports, arts, and discussions if you visit the school here.
Currently, in Malta, the tuition fee for kindergarten is about 615 EUR/semester, 3 semesters a year. Tuition for the highest high school is about 5,000EUR/year.
Medical system
The public hospital in Malta is large and clean, meeting international hospital standards. The atmosphere is comfortable, dedicated, not too crowded or noisy like other public hospitals in the world.
The system of facilities, medical services, health care… are all very modern. The criteria of the public hospitals here are to bring the most comfort to the patients while being treated. Malta deserves the 5th ranked medical position in the world.
In addition, in Malta, there are also many traditional medical examination and treatment facilities, which are very quiet and clean.
Cost of living answers the question of whether to settle in Malta
The cost of daily living is relatively affordable, compared to most European countries. Food and public transport are a relatively cheap per journey – around 26 EUR per month.
Malta has a lot of food and utensils from Asia. There is an Asian King supermarket that sells all Asian products. In addition, it also has fresh vegetables and fruits along with extremely fresh fish and seafood. The supermarket also sells a lot of typical Vietnamese spices such as soy sauce, fish sauce, etc., many dishes are familiar to Vietnamese people. Food prices here are also very affordable and the quality is completely assured.
Besides, there are many Asian restaurants and food stalls in this island nation. This can also be an opportunity for Vietnamese investors to come to Malta and open a restaurant.
Benefits of becoming a Maltese citizen
When you become a citizen of the Republic of Malta, you will get visa-free access to more than 180 countries. Moreover, investors are free to move to the UK, EU, and the US. In addition, when becoming a citizen of this country, investors can freely work in the UK, Germany, and the Netherlands.
Immigrants are also entitled to completely free education and the healthcare system. The Maltese government also implements tuition waiver policies from kindergarten to high school. Above all, students from grade 1 will go to school by free bus, kindergarten will be picked up.
Besides, the tax system is low and there are many preferential policies to support Maltese permanent residents.
Malta Permanent Residence Program
The Malta Citizenship by Investment Program allows investors and families with non-EU citizenship to reside permanently in Malta, and freely travel to 26 Schengen countries without a visa.
The whole family of 4 generations: spouse, children, parents, grandparents (of both husband and wife) can be granted a visa.
Condition:
– Investor must be at least 18 years old
– Have a clean criminal record
– Meet the investment requirements with a budget to participate in the program, invest from €500,000 of which a minimum of €150,000 is the main asset. Investors need to invest at least 5 years in real estate and contribute to the Government.
Investors can learn about the Malta Permanent Residency Program (MPRP) HERE.
CONCLUSION: Should I settle down in Malta?
Malta is a wonderful and ideal destination for investors. This place fully meets the living needs with a peaceful atmosphere and friendly people. Above all, Malta offers investors extremely attractive tax and social security policies. Malta has become a destination that is completely worth investment
Portico & Bridge is a leading European immigration consultant, with more than 35 years of experience and a team of more than 50 professionals worldwide. For more information about the Malta Permanent Residency program, please contact Portico & Bridge for detailed assistance.
Call us now at 0909.898.758
At PORTICO & BRIDGE, “Your Children, We Care”.