by admin 
Malta, a small Mediterranean island nation, has long been popular as a relocation destination. With its warm climate, clean surround beaches and sea, rich history, and welcoming culture, it’s no wonder that so many people are considering a move to this charming archipelago. However, relocating to Malta or any new country can be daunting, especially if you are unfamiliar with the process. This guide will help you navigate the relocation process to Malta, from visa requirements to finding a place to live.
Why Relocate to Malta?
There are several reasons why Malta is an attractive location to live in, including:
- Climate: Malta boasts a warm and sunny Mediterranean climate, with over 300 days of sunshine each year.
- Location: Malta is strategically located in the middle of the Mediterranean Sea, making it an ideal hub for travel to other destinations in Europe, Africa, and the Middle East.
- English-speaking: The official languages of Malta are Maltese and English, making it easy for English speakers to live and work in the country.
- Healthcare: Malta has a high standard of healthcare, with both public and private hospitals offering quality medical care.
- Cost of living: The cost of living in Malta is lower than in many other European countries, making it an affordable place to live. As of the beginning of 2023, Malta has one of the lowest fuel and water and electricity costs in the whole of Europe.
1. Visa and Residency Requirements for Malta
Before relocating to Malta, you will need to obtain the necessary visa and residency permits. Citizens of the European Union (EU), the European Economic Area (EEA), and Switzerland do not need a visa to live and work in Malta. If you are not from one of these countries, you will need to apply for a visa through the Maltese embassy or consulate in your home country.
Once you arrive in Malta, you will need to apply for a residency permit. If you are planning to stay in Malta for more than three months, you will need to apply for a long-term residency permit. You can apply for this permit through the Identity Malta Agency.
2. Finding Accommodation in Malta
Finding a place to live is an important aspect of relocating to Malta. Whether you are renting or buying, there are a few things to keep in mind when searching for accommodation. Rental prices can vary greatly depending on the location, size, and condition of the property. Most rental agreements require a deposit of one or two months’ rent, and you may also need to provide references from your employer or previous landlords.
If you are planning to buy a property in Malta, it’s important to do your research and work with a reputable real estate agent. The process of buying a property in Malta can be complex, and it’s important to ensure that all legal requirements are met.
Buying Property in Malta
If you are planning to buy a property when relocating to Malta, there are several things you need to know:
- Property types: Malta has a range of property types, including apartments, houses, and villas. There are also many new developments and older properties that have been renovated.
- Property prices: Property prices in Malta vary depending on the location, size, and type of property. The average price for an apartment in Malta is around €280,000, while a house can cost upwards of €500,000.
- Property ownership: Foreigners can own property in Malta without any restrictions. However, you will need to obtain an acquisition of immovable property (AIP) permit if you are not a citizen of the European Union or European Economic Area.
- Legal process: Buying a property in Malta involves a legal process that includes signing a preliminary agreement, paying a deposit, and completing the sale within a set timeframe.
- Taxes: When buying a property in Malta, you will be required to pay stamp duty and notary fees. There are no annual property taxes to be paid in Malta
- Purchasing costs: This may vary slightly, depending on whether you will use bank finance and the cost of Notarial services and searches required to a specific property and the rate of stamp duty payable. A rough guide would be between 5% and 8% of the value of the property purchased.
Banking and Finance in Malta
It is necessary to open a bank account when relocating to Malta. This is generally not problematic, as long as you provide the necessary documentation and meet the bank’s requirements. You will need to provide proof of identity, such as a passport, and proof of address, such as a utility bill. Some banks may also require proof of income or employment.
However, some individuals may face challenges when opening a bank account in Malta, especially if they do not have a permanent address or are self-employed. In some cases, banks may require additional documentation or may be hesitant to open an account for individuals who do not have a history of banking in Malta.
It’s also important to note that some banks in Malta may require a minimum deposit or charge fees for maintaining an account.
It’s also worth noting that Malta has implemented stricter regulations on its banking sector in recent years, particularly in relation to anti-money laundering and counter-terrorism financing measures. This means that banks in Malta are required to conduct thorough due diligence on their customers, which may lead to a longer and more complex account opening process.
In some cases, banks may also be reluctant to work with individuals or companies that they perceive to be high-risk, such as those involved in certain industries or jurisdictions.
Healthcare in Malta
Malta has a public healthcare system, which is available to all residents. However, many people choose to take out private health insurance to supplement the public system. Private healthcare in Malta is of a high standard, and there are several private hospitals and clinics throughout the country.
Education
If you are relocating to Malta with children, you will need to consider their education needs. Malta has a comprehensive education system, with both public and private schools available. Most schools in Malta teach in English, but there are also schools that teach in Maltese or other languages.
Transportation
Malta has a good public transportation system, with buses and ferries connecting the various towns and islands. Taxis are also readily available, and car rental services are available at the airport and throughout the country.
The Culture and Lifestyle in Malta.
Malta has a rich cultural heritage, with a blend of European and Mediterranean influences. The island is known for its festivals, including the famous Carnival and Fireworks Festival. The Maltese are welcoming and friendly, and the country has a relaxed, laid-back lifestyle.
Malta’s mild weather plays a significant role in shaping the Maltese lifestyle. With an average temperature of around 18-20°C in winter and 30-35°C in summer, Maltese people are able to enjoy an outdoor lifestyle for most of the year.
During the summer months, the Maltese lifestyle revolves around the beaches, with many people spending their days sunbathing, swimming, and enjoying water sports. Families often gather for barbecues and picnics, and there are plenty of outdoor festivals and events that take place throughout the summer months.
Even during the winter months, the mild weather means that outdoor activities remain popular. It is not uncommon to swim in the sea in October and on the warmer days of November. The mild weather also means that outdoor cafes and restaurants remain open, and it’s not unusual to see people sitting outside enjoying a coffee or a meal even in December or January.
CAN A FOREIGNER WORK IN MALTA?
Yes, as a foreigner, it is possible to find work in Malta, though there may be some challenges.
Malta is a small country with a relatively small job market, so competition for jobs can be high. However, there are many industries that are thriving in Malta, such as finance, gaming, and tourism, which can provide opportunities for job seekers.
To work in Malta as a foreigner, you will need a work permit. The process of obtaining a work permit can be straightforward if you have a job offer from a Maltese employer, but it can be more challenging if you are looking for work independently. It’s always a good idea to research the requirements for obtaining a work permit before you begin your job search.
It’s also worth noting that English is an official language in Malta, which can make it easier for English-speaking foreigners to find work. However, knowledge of Maltese or another European language may be beneficial in certain industries.
ARE MALTESE PEOPLE WELCOMING TO FOREIGNERS RECLOCATING TO MALTA?
Yes, Maltese people are generally welcoming to foreigners who want to relocate to Malta. Malta has a diverse population, and the local community is used to interacting with people from all over the world. The Maltese are known for their hospitality, and they are often happy to help newcomers settle into their new home.
That being said, like any country, Malta has its own cultural norms and customs, and it’s important for foreigners to respect these and adapt to them as they integrate into the local community. Learning some basic Maltese phrases can also be helpful in building rapport with locals and demonstrating a willingness to integrate.
Overall, while there may be some challenges in adapting to a new culture and integrating into the local community, Maltese people are generally welcoming to foreigners who want to relocate to Malta.
CONCLUSION
Relocating to Malta can be an exciting adventure, but it’s important to be well-prepared. By following this moving guide, and checking with the official links found below, you can ensure a smooth and successful relocation to this beautiful island nation.
- Contact us for property
- Identity Malta government department
- Top 10 banks in Malta
- Hospitals and Clinics in Malta
- Things to do in Malta
- Notaries and buying info
- Work permits and working in Malta
- Find a job in Malta
- Property for sale in Malta
- Private Schools in Malta
- All schools in Malta
- Taxation in Malta
- Family doctors in Malta
- Accountants in Malta
- Country walks in Malta
- Beaches in Malta
- Outdoor activities in Malta
- Children's sport activities in Malta
