The official languages are Maltese and English. Moreover, nearly all business on the island is transacted using the English language. The unit of currency in Malta is the Euro.
Malta boasts 7,500 years of historical heritage that results in an overwhelmingly rich culture. It is a country that enjoys an excellent climate and is also considered to be significantly stable and safe, with a very low crime rate. Malta has highly developed industries, particularly when it comes to tourism and the financial sector.
Furthermore, the island is strategically linked - geographically, economically and politically - with Europe and the rest of the world.
If you are considering Malta as the ideal destination to invest in, you are not alone in your decision. With millennia of history, the country has always played a pivotal role internationally due to its location right at the heart of the Mediterranean.. Leveraging its well-educated labour force, good governance standards and strategic geographic position, the country has been very successful in recent years in diversifying its production and export structure towards higher value-added sectors and creating a strong knowledge-based economy.
The Island’s legislative and regulatory systems provide a solid yet flexible framework for business. For expatriates, the living costs in Malta are considerably lower than the main countries in central Europe, and the international schools reflect this low cost of living. In addition, the good climate and relaxed pace of life make it an attractive location for expatriates and their families. EU Membership and the adoption of the Euro have underscored the island’s stability.
During the past four decades, Malta has notched up an impressive record in attracting foreign investors as it can offer exceptional advantages in various sectors which include: Financial Services, ICT, Electronics, Knowledge Centre/Back Office Services, Generic Pharmaceuticals, Oil and Gas, Maritime, Training and Education, Business Aviation and the Film Industry.
