10 Reasons Why Foreign Retirees Prefer Malta

Malta

The Maltese Islands make a great retirement destination. Many US retirees who have made Malta their home say that the European country is ideal for expats. 

The essential elements like weather, affordable living, culture and cuisine make Malta such a wonderful location to enjoy your golden years. If you get bored, you can register a company in Malta and grow your career there with other experts from the community. 

People from all over the world have migrated to the island to enjoy its many benefits. We will list some of them below. 

5 Fun Facts that Make Malta A Dream Location for Retirees

flag maltaDue to its gorgeous towns and scenery, Malta, a country comprising five islands around 60 kilometers south of Sicily, is a popular vacation destination. But it’s also growing in popularity as a retirement location. But, is the choice so simple? It certainly is not. 

You should know all about many things about Malta, like the ones we have for you.

Pleasant Weather

Malta offers you about 300 sunny days annually. With long summers and pleasant winters, the typical winter temperature is 15 to 19 degrees. It is delightful for people from colder parts of the world.

Sandy Beaches

Malta offers numerous beachfront locations where you may enjoy the warm waves, and the sea has an average temperature of 23 degrees. Due to the conducive environment, divers from all over the world have just ranked Malta as the greatest diving in the Mediterranean and third best in the world.

Perfect Spot for Travelers

Due to its ideal geographical position in the middle of the Mediterranean Sea, with convenient entry from all key cities across Europe, North Africa, and neighboring states, Malta is a fantastic area to explore. Additionally, Sicily, Corsica, and Sardinia are nearby, quite stunning islands!

Safe Haven 

Due to its extremely low crime rate, Malta is among the safest countries in Europe. Malta continuously rates among the top ten most secure nations in Europe. Retiring in Malta is no less than living freely as if you’re vacationing.

Member of EU 

Since joining the EU in 2004, Malta has enjoyed political stability as an independent republic. It now offers its citizens a wonderful place to live. The country is open to startups, and anyone with the right character, by the books, can register company Malta and begin their venture.

5 Benefits of Living in Malta

retirement

It’s best for seniors who wish to live in a safe place where English is spoken as one of the primary languages, as well as an area with a top-notch health sector, reasonable housing expenses, and a laid-back lifestyle. 

Tip: If you want to embark on a business venture, you’ll be surprised to uncover the business opportunities and how profitable company registration in Malta is. There are tax incentives and relaxation like an entrepreneur would want.

1. Diversity of Cuisine

Maltese locals love hobz biz-zejt, bread topped with olive oil, cheese, and fresh tomatoes. Considering the city’s proximity to Italy, it should be no wonder that cafés and eateries also serve delicious pasta. 

Aliotta, a Maltese fish stew, and lampuki (fish) pie are only a couple of the traditional recipes that primarily rely on the plentiful fish regularly caught in the Mediterranean.

There are date and nut desserts, semifreddos, and gelatos available for dessert, all of which are exquisite. In Malta’s bigger cities, street carts frequently sell them. They are a fantastic snack for traveling or sightseeing.

2. Top-Notch Health System

Maltese healthcare is well-known for being among the most advanced in the world, despite its small size, and it consistently ranks highly in global rankings for healthcare services as a whole. 

The country’s dedication to healthcare isn’t unexpected when you realize that the first hospital on the island was established in 1372.

EU citizens get a European Health Insurance Card as a token for their health insurance when they move to Malta. If non-EU residents want to use the health service, they must contribute to social security or purchase insurance. 

3. Relaxing Lifestyle

Based on the location you choose to reside on the island, Malta may be a bit cheaper than other large-city locations in Europe and the United States.

Although the coastline is lovely, you will inevitably have to pay more for the awe striking sites and landscapes. It’s the cost of the views. You can live on a budget if you choose a location that’s not as attractive.

4. Rich Ethnic Mix

Malta has a lot to offer when learning about history. Unlike many other countries, it is a true melting pot with a rich history. It has been impacted by people who have lived here for over many years. 

The culmination of those practices and beliefs has given rise to a culture exclusive to MalSome some UNESCO World Heritage sites in which you will find lasting proof of human traces and magnificent infrastructure: the entire city of Valletta, its megalithic temples, and the enigmatic al Saflieni Hypogeum, an underground sanctuary and mausoleum that archaeologists believe dates back to 3000 B.C.

Visiting the tiny communities sprinkled throughout the island is another excellent way for elderly foreigners to get to know their new home.

5. Malta is an English Speaking Country

Britain ruled over Malta for about 150, which can be why the English language is a big part of the Maltese heritage. 

Most individuals are fluent in English, and all signage and government papers are written in this language. Naturally, transitioning to living in a new nation is much easier when many English speakers surround you.

Many individuals usually check off the thought of retiring to Europe because they are concerned about having to learn a new language. You won’t need to fret about this in Malta. 

Conclusion

It’s the ideal location to take your time, explore, and have a good time. Another benefit of retiring here is that you’ll meet ex-pats from all over the world, which will make for an interesting experience as you build your social network.

The views expressed in this article are those of the authors and do not necessarily reflect the views or policies of The World Financial Review.