Everyone has their reason to move to a Mediterranean country, be it hot summers, mild winters or just plenty of sun all year round.
Many Europeans emigrate yearly to Malta to improve their standard of living. Their backgrounds and reasons may vary; from highly educated people who want to start or further their careers in the growing financial sectors and online gaming industry, budding entrepreneurs who wish to set up their own internet companies to young people who come to learn a new language and many older generations who are currently enjoying their retirement years here.
The one thing they all have in common is that they all benefit from the Republic of Malta with its excellent climate, thriving economy and a culture that is rich in history and tradition.
Malta and its Economy
For years, tourism has been one of the main sources of income for Malta. After the declaration of independency in 1964, it was mostly the British who considered the former colony as a favourite holiday destination.
The hot climate, the history, culture, warm hospitality and the use of English language convinced people to return year after year. In the last decade, the popularity of Malta has also increased throughout other European nations as a holiday destination, and the number of tourists from other countries around Europe keeps increasing steadily year by year.
However, the Republic of Malta, an EU member state since 2004, does not rely on solely on tourism. To achieve a more diversified economy, the Maltese government gradually invested in key sectors such as the financial market, IT, aviation and foreign investments. Thanks to an extremely stable political climate, a favourable business setting and a thoroughly modern infrastructure, today the service sector extends to cover 75% of the Maltese economy.
Did you know that Malta’s economic growth is the highest in the EU after Ireland’s?
In 2014, the GDP increased by 3.5% and it is expected to increase by 3.6% in 2015 and by a further 3.2% in 2016. Furthermore, Malta boasts one of Europe’s lowest unemployment rates (3.4% March 2015) and also one of the lowest rates of inflation (0.8% in 2014).
5 Reasons People Choose Malta
English Language. The majority of the Maltese speak fluent English and all governmental documents and contracts are available in English.
Easy Access. Malta’s international airport offers direct flights to most countries in Europe.
Excellent Healthcare. Malta’s healthcare is ranked one of the best in the world, offering both public health centres and hospitals plus private healthcare clinics.
Low Crime. Malta is a very safe country and is also ranked as one of the safest in the world.
Social Life. Despite its small size, Malta has plenty to offer for both the young and the old. Join the growing expat community and blend in with the locals with their many traditions and festivals. Malta is a true paradise for those who like to enjoy golf, sailing, scuba-diving, hiking, biking etc.
The best way to discover Malta is to experience it yourself. DeVink Estates wishes to welcome you to Malta for further orientation.
The Facts about Malta:
|Country Size||316 m2|
|State-Structure||Republic – EU member since 2004|
|Language||English and Maltese
(Dual Official languages)
|Capital City||Valletta (announced as the cultural capital of Europe 2018)|
|Climate||Mediterranean climate with warm dry summers, mild winters and an average of 300 days of sun a year. Rain is especially scarce in the months of May through to September. Average sea temperatures vary between 16 C in winter and 26 C in summer.|
|Beaches||The water is clean enough for anyone to swim anywhere and is accessible almost everywhere along the coastline. The beaches and resorts are some of the best in all of Europe.|
|Unemployment Rate||5,9 % (April 2015)|
*official figures as of 2015