Malta has the beautiful Mediterranean Sea, a warm and sunny climate, a peaceful lifestyle waiting to be lived. Anchored almost in the center of the Mediterranean Sea, 60 miles from the Italian island of Sicily, Malta isn’t a mainstream destination for North American tourists. In fact, it’s probably no exaggeration to say that few of your friends and colleagues will have an inkling as to where this little island is.
For discerning travelers with a love of culture, history, and excellent weather, that’s good news. It’s a treat to come across places that haven’t had all the charm and identity crushed out of them by the hoards of visitors who have landed on their shores.
The big question is, what can this island offer you as a prospective resident? Well, how about a tranquil way of life and virtually non-existent crime? Year-round Mediterranean sunshine?The opportunity to benefit from a considerable reduction in your tax burden?
These are just some of the advantages to living in the Republic of Malta. What’s more, you will not have to learn a foreign language. Everybody on the islands speaks English as a second language.
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- Population: 411,277
- Capital City: Valletta
- Climate: Mediterranean; mild, rainy winters; hot, dry summers.
- Time Zone: UTC+1
- Language: Maltese (official), English (official)
- Country Code: 356
With spiraling costs compelling more and more North Americans to retire overseas, retiring abroad has never been more attractive. But finding the right location among the myriad options available can be daunting. That’s what our Annual Global Retirement Index does. Using input from our team of correspondents on the ground all over the world, we combine real-world insights about climate, health care, cost of living, and much more to draw up a comprehensive list of the best bang-for-your buck retirement destinations on the planet. Keep in mind that, even though only 25 countries feature on our list, all of them are worth your attention. We selected them from among all the countries in the world for their qualities as retirement hot-spots, so even the lowest-ranked nation on our index is still very much an option worth considering.
The spread of the British Empire through trade, colonization, and conquest brought the English language to far-flung corners of the globe. But even as that empire declined and shrank, the language was left behind. And with English becoming the language of business and diplomacy, that influence is in no danger of going away.
Malta is a safe place to put your real estate dollars, reports InternationalLiving.com’s property expert, Ronan McMahon. Though economic crisis has plagued much of Europe over the last six years, this stable and peaceful haven in the Mediterranean has escaped untouched.
Do you like the idea of a life at sea…but only in short doses? Sunset cruises, fishing excursions, day trips, and the occasional long weekend jaunts to anchor off a remote island…? The ocean can be your playground.
Malta is a safe place to put your real estate dollars. During the last six years of economic crisis this stable and peaceful haven was left untouched. That comes as no surprise to the international business community that knows this Mediterranean island nation well. For the past five centuries, Malta has managed to negotiate its way out of troubles that have crushed empires.
I live on the island of Malta in the Mediterranean. The weather is great, the income tax is low, and the Internet is fast. There are daily flights to hubs like Rome, Frankfurt, London, and Dubai. So it’s convenient for dipping into the art and culture of Europe…or taking more adventurous trips to the Middle East and Africa.
InternationalLiving.com’s annual Global Retirement Index names Ecuador, Uruguay and Malta as the best three countries in the world when it comes to climate. Their temperate weather throughout the year, moderate rainfall and little risk of natural disaster saw them rise to the top of the Climate category, one of eight categories in the Index, which details the top countries in the world for retirement in 2014.
In December 2012, I was sitting in my beautiful waterfront apartment in Malta, a small, hidden gem of an island in the Mediterranean, drinking coffee while soaking up the stunning views. The turquoise waters were glistening from the warm, morning sun, pleasure boats everywhere. That view was also my office view.
Integration into your new community is very important. When you move overseas, you want to know that you will be accepted into the community and make new friends quickly, which will in turn make the transition between countries and cultures easier.
For more than 30 years, International Living has been researching the best retirement havens in the world…and every January the Annual Global Retirement Index is released—highlighting the best places for you to retire. This Index ranks the top 24 countries in the world for retirement in 8 categories. The top 10 countries that feature on the list this year each bring spectacular benefits for retirees living overseas—from great health care and ideal climates to a low cost of living and financial perks for retirees. Starting with number 10, here are our top retirement havens for 2014.
Tired of shoveling snow, braving the torrential rain or wrapping up against the bitter cold? If so, check out these top three places to retire for a better climate as ranked in International Living’s Annual Global Retirement Index 2014. With a perfect score of 100 and for the second year in a row, Ecuador comes out top in the Climate category and is the overall runner up in this year’s Global Retirement Index. Lying directly on the equator, it enjoys 12 hours of direct equatorial daylight 365 days a year.
The number of U.S. taxpayers renouncing their American citizenship or permanent-resident status is accelerating. For many, the benefits of U.S. citizenship no longer outweigh the costs. Whether you are a high-net-worth individual or a young entrepreneur with a lifetime of earnings ahead of you, renouncing your U.S. citizenship is the only way to end your U.S. tax obligations.
The Maltese government had planned to sell citizenship to foreign investors, as part of an Individual Investor Programme. The fact that the government have had to postpone these plans highlights the risks of a program like this and the fact that many of these programs have not stood the test of time. However, the idea of “selling” a passport is not a new concept. Many countries have implemented a similar program to attract foreign investors.
Real estate bubbles send all prices too high. When they pop, they bring everything down with them. Sometimes too far. The same irrational views that drove the prices up help push them down, and for a short time quality properties become very cheap. That’s when you should buy: before the fear subsides and prices go up once again.
Living on an island conjures up images of white sandy beaches, sparkling blue water and no rush hour traffic.We all dream of one day retiring to a tropical paradise, buying a second home in a quaint beach town where its summer all year round, or relocating our lives to an island in the sun. But it can be more than just a dream…your tropical island or beach life can be a reality. There are tropical destinations around the world where you can be by the beach…
Malta is the smallest country in the European Union (just 122 square miles), but it has long been a vacation spot for sun-starved northern Europeans and a tax haven for the wealthy. Multi-million-dollar yachts fill Malta’s marinas. Yet you’ll find great bang for your buck here. A couple could live well on a budget of $2,000 a month.
Six weeks ago, I left my luxurious, sea-view condo in Costa Rica (my second home) to return to my first home—Malta, a Mediterranean island, surrounded by turquoise waters. Relaxing with a glass of champagne in First Class on the way over to London, I knew I was going to miss the long, sandy beaches, stunning sunsets each night after playing beach volleyball, and the amazing wildlife and postcard-perfect scenery.
I’m in Valletta, capital of the small island nation of Malta. The smallest country in the European Union (just 122 square miles), Malta has long been a vacation spot for sun-starved northern Europeans and a tax haven for the wealthy. Multi-million-dollar yachts fill Malta’s marinas. Yet you’ll find great bang for your buck here.
The Mediterranean Sea, a warm and sunny climate, a peaceful lifestyle waiting to be lived…where are we talking about?
They may not have the tropical vibe or clear blue waters of the Caribbean or the Far East, but the islands of Europe do exude their own brand of natural beauty…and are infused with history.
In the last few years, Valletta, Malta’s capital city, has thrown off its reputation as a musty, dusty destination where there is little to do but go to museums. Today Valletta offers concerts, films, open-air exhibitions, yummy dining, and more. Those living here—both Maltese and locals—are eager to welcome new faces.
Everybody has heard of Paris, Florence, Barcelona and the like. But then you have the rest of a vast continent—a treasure trove of time-worn towns and affable villages…secret islands and dramatic landscapes
Gourmet dining may not spring to mind when you think of Nicaragua. But top-class restaurants serving international cuisine as well as the best of Nicaraguan food are growing in number.
Figures released by the IMF reveal that the three least-affordable cities to buy a home in are Beijing, Shanghai and Shenzen in Mainland China. And the fourth least-affordable city is Hong Kong!
It’s a sunny summer’s day, and a man in a bathing suit is climbing a ladder out of the sea. He clambers onto the cream-colored stone, grabs his towel, and throws it over his shoulders.
I’ve traveled in 92 countries, lived in Thailand and the Middle East, climbed the Pyramids, gone dog-sledding in Finland, trekked in Mali, seen the “gorillas in the mist” in Rwanda, and gone hot-air ballooning over the desert in Australia.
Malta offers an idyllic Mediterranean climate, extremely low levels of taxation, moderate property prices, reasonable living costs, excellent communications and a picturesque and friendly environment. For these reasons Malta continues to attract foreign nationals seeking to take up residency under the relatively simple procedures available.
Two countries have tied for first place with the best climate on earth in this year’s Quality of Life Index, published last week in International Living magazine.
International Living has just published its annual Quality of Life Index for 2011. The Index ranks most countries in the world in nine different categories to come up with overall ratings for their comparative qualities of life.
This year, two countries tied first place for the best climate in the world. They’re both English-speaking but only one is safe, with a flat 15% tax rate, excellent health care and ocean views…
When you think “European Coast,” what comes to mind? Maybe somewhere to nibble tapas on the Spanish costas…revel in the glitz and glamour of the French Côte d’Azur…or enjoy the history of the Italian Riviera.
With 96 points out of 100, the Mediterranean islands of Malta and Gozo received the top score in the Climate category of IL’s Annual Retirement Index (released last month).
These islands, undiscovered jewels that most people couldn’t pinpoint on a map, offer blue skies and sunshine—even in January and February.
You need a “story” when you move to a new place. Some identity that the people you’ll meet can latch on to. A way to fit in.
I’ve crossed paths with the larger-than-life Barbara Bode many times in the past six years: in New Orleans, on a cruise of the Mexican Riviera, three times on the mainland of Mexico, and twice in Ecuador¾once during a volcano eruption. Like a jack-in-the-box, she just keeps popping up.
English-speaking Malta, a Mediterranean nation with a rich history, remains largely undiscovered by North Americans. Malta and Gozo, the two main islands, are both small, making a week-long vacation enough time to comfortably explore the seven best sites here.
Don’t be embarrassed if you can’t pinpoint Malta on a map.Though it has the best climate in the world, this little island nation is not on everyone’s radar.
For the fifth year in a row, Panama has taken top honors in our Annual Global Retirement Index. It comes out on top in every category, including the Special Benefits (for retirees) category, boasting the world’s best pensionado program, better than the famed Costa Rica program of the 1980s. Plus it boasts a low cost of living, affordable real estate, great weather in the interior, and, extraordinary and unique in this part of the world, First World Panama City, with infrastructure that works, U.S-style shopping malls, nightclubs, restaurants, cafes…even Dunkin Donuts and The Colonel’s fried chicken.
The world according to International Living: Where should you be thinking about spending your time and your money right now? Following are the top 25 places on our radar screen:
Malta and Gozo, undiscovered jewels that most people couldn’t pinpoint on a map, offer blue skies and sunshine–even in January and February–plus a low cost of living (live well here on $750 per month or less)…affordable “houses of character”…zero crime…an excellent health care system (the envy of its European neighbors)…and serious tax breaks.