Emigrating to Malta: pros and cons

Every coun­try in the world offers its res­i­dents dif­fer­ent advan­tages and dis­ad­van­tages. With Mal­ta it is no dif­fer­ent. Any­one who plans to move to Mal­ta has high­ly diverse rea­sons for doing this. Here we would like to present some advan­tages and dis­ad­van­tages for dis­cus­sion. The sym­pa­thet­ic read­er will dis­cov­er that each point has its pros and cons, although the same fact often sig­ni­fies a pro for one per­son and a con for anoth­er.

Point 1: Malta’s strate­gic geo­graph­i­cal loca­tion
Mal­ta is locat­ed in the mid­dle of the Mediter­ranean, at the south­ern tip of Europe. For one per­son ide­al, as an inter­na­tion­al hub for trav­el­ling with­in Europe, with con­nec­tions to Africa, the Mid­dle East and Turkey, for anoth­er much too far from Euro­pean metrop­o­lis­es like Lon­don and only with dif­fi­cul­ty acces­si­ble by car.

Point 2: Malta’s weath­er
There are real­ly only two sea­sons: the hot sum­mer and the mild win­ter. For many clients the Mediter­ranean cli­mate is ide­al and offers qual­i­ty of life, par­tic­u­lar­ly in view of the crys­tal clear sea all around. For oth­ers, on the oth­er hand, the cli­mate is much too warm and they miss the tran­si­tion­al sea­sons of spring and autumn, quite apart from white Christ­mases! 

Point 3: Malta’s size
A large num­ber of peo­ple live and work with­in a few square kilo­me­tres, and busi­ness is brisk. For some peo­ple this com­pact­ness is bril­liant, every­thing is close togeth­er and can be quick­ly and eas­i­ly accessed. For oth­ers, the con­gest­ed streets dur­ing peak hours are a great cause of stress and they miss the space they are accus­tomed to on the Euro­pean main­land.

Point 4: Malta’s social fab­ric
Due to its small size in com­bi­na­tion with the large num­ber of inhab­i­tants, Mal­ta is more like a medi­um-size city on the Euro­pean main­land, where almost every­one knows every­one else at a busi­ness and admin­is­tra­tive lev­el. Many peo­ple appre­ci­ate these close con­tacts and short dis­tances in their busi­ness life which can lead to the rapid suc­cess of projects, oth­ers, how­ev­er, fear a neg­a­tive cul­ture of nepo­tism.

Point 5: Malta’s aware­ness of its her­itage
The Mal­tese love and cel­e­brate their tra­di­tions and fes­ti­vals, both reli­gious and social ones. On the one hand, this means fan­tas­tic, impres­sive street fes­ti­vals last­ing well into the night as well as strong fam­i­ly ties; on the oth­er hand, how­ev­er, it can be per­ceived as adher­ing to the tra­di­tion of spring hunt­ing and dusty, old-fash­ioned big­otry.

Dr Wern­er & Part­ner can advise you on many issues, includ­ing ones not direct­ly relat­ed to estab­lish­ing a com­pa­ny in Mal­ta or to opti­mis­ing tax­a­tion.

About Philipp Sauerborn

In 2005, Philipp Sauer­born joined the firm of St. Matthew in Lon­don, one of the lead­ing Ger­man account­ing firms in Eng­land renowned for its exper­tise in cor­po­rate, com­mer­cial and tax law, as a depart­ment head. After three years, he was a part­ner and man­ag­ing direc­tor.
Towards the end of 2011, he decid­ed to move to Mal­ta, where he first worked at inter­na­tion­al law firms and con­sul­tan­cies in an employed and con­sult­ing capac­i­ty. Since the begin­ning of 2013, he has been a senior employ­ee at Dr. Wern­er & Part­ner. Mr. Sauer­born is cur­rent­ly com­plet­ing his ADIT ‑Advanced Diplo­ma in Inter­na­tion­al Tax.

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