WORKING IN MALTA: OPENING OPPORTUNITIES FOR IMMIGRANTS
Working in Malta – Malta is a country with the lowest unemployment rate in Europe. It is also a country that opens up job opportunities for foreign workers or immigrants.
The unemployment rate is at the top of the lowest in Europe
Malta has one of the lowest unemployment rates in Europe. From 2001 to 2019, the unemployment rate in Malta was at an average of 6.2%, notably the fourth quarter of 2018 recorded an unemployment rate in Malta of 3.5%. According to statistics, the average monthly income in Malta is around 4,620 EUR.
Job opportunities in Malta
Although Malta has a very low unemployment rate, the job market in Malta is experiencing a shortage of skilled workers for many important positions. In recent years, the demand for jobs in Malta has increased more than before, stemming from many reasons, such as increased FDI capital, attractive tax policies, tourism market, developed finance, etc. This makes the job market in Malta, which is already short of workers, even worse.
Malta has received a large number of citizens to immigrate, however, this number is still not enough to meet the current recruitment needs of businesses.
Requirements when looking for a job in Malta – Working in Malta
English is the official language in Malta and is used in all aspects of life. If you want to find a job and build a career in Malta, first make sure you have a good command of English.
To apply for a job in Malta, you need an employment license from the Maltese government. This is a mandatory requirement for all workers in Malta. As a rule, all workers with Maltese nationality are required to obtain a permit to work at local companies.
Requirements about the License
When applying for a work permit, the applicant will be issued a temporary work permit, allowing them to start working immediately.
Next, the applicant needs to wait two to three months to receive the official work permit. The fee for one application is 280.50 EUR and must be paid when applying for a work permit. The permit is valid for 1 year and must be renewed if continuing to work after the expiration date.
Regulations for those who are not permanent residents of Malta
Those who are not permanent residents of Malta need a valid visa before applying for a work permit in Malta. When you are granted a work permit, you are also given an electronic residence card (e-residence). Meanwhile, permanent residents of Malta will be free to live and enter Malta and Schengen countries without a visa.
Reputable job search sites – Working in Malta
One of the most popular and reputable job search sites in Malta is Jobsplus, which is a website operated by the Maltese government. Workers can also find jobs through job sites like Keepmeposted, Maltapark, or from local newspapers like Times of Malta, Malta today.
In addition, job seekers can participate in events or job seminars in Malta to further develop the necessary relationships and meet the employers directly.
Industries that attract a lot of workers
- Financial services industry;
- Information technology industry;
- Tourism, travel, hotel industry;
- Gaming industry.
Income and tax rate – Working in Malta
In general, the income of a worker in Malta is lower than in other European countries. However, Malta has the advantage that the cost of living in Malta is among the lowest in Europe. This helps ensure workers have a more comfortable life than many workers in other countries.
Malta has a lower personal income tax rate than other countries. The tax range will range from 15% – 35%, depending on the type of job and the demographic characteristics of the employee. To ensure that they do not have to pay too much tax or to receive enough benefits, workers need to understand their own status and social security.
For more information on Malta immigration or other investment immigration opportunities, please contact Portico & Bridge for detailed support. Our team of more than 50 professionals worldwide is happy to assist you. Call us now at 0909.898.758
At Portico & Bridge, “Your Children, We Care”