Relocation / January 29th, 2016
So you've spotted a job you like, but it’s on the Isle of Man. Maybe you know nothing about it, maybe you’ve heard a few things about mad motorsports or tailless cats; the thing a...More >
So maybe you’ve spotted a job you like, but it’s in Malta, or perhaps you are just looking for somewhere where you’ll get a little more sunshine and someone recommended Malta to you. Either way, to consider a move out into the middle of the Mediterranean you probably need to know a bit more about the place. That’s where our handy guide to Malta relocations comes in!
Immigration: This is an easy one – if you are an EU citizen you automatically have the right to work in Malta. No work permits required. There will be some administration to sort out, such as getting a social security number and ID card but this is a straight-forward process and your employer should be able to help you. In theory you can step off the plane and start working the next day. If you are non-EU citizen then it’s much harder to obtain a work permit. At Boston Link we are unable to assist non-EU nationals seeking employment in Malta.
Economy: Malta’s economy grew by 6.3% in 2015, making it the 2nd fastest-growing economy in the EU. Sectors driving economic growth include financial services, iGaming, aviation, and tourism. The unemployment rate is extremely low, and many of these key sectors of the economy suffer from a skills shortage. If you have financial services experience, digital marketing skills, can speak Northern European languages or can write code, you will have no problem finding a good job in Malta!
Tax: Income tax is charged on a sliding scale according to your salary and personal circumstances. National Insurance contributions are also taken directly from your salary. There is VAT on goods and services.
Health and Education: The Island has universal high-quality free healthcare and education. There is also free childcare for under threes. The Island’s schools are excellent and you have a choice between local state schools, private schools such as St Catherine’s and San Anton, or international schools such as Verdala.
Cost of living: Malta is becoming more expensive as the island becomes more popular for foreign companies and individuals. The cost of living is on par with the UK, with some smaller things being cheaper (a cappuccino is under €1.50) but major expenditures such as cars and utility bills are generally more expensive. It is also worth noting, however, that any rise in the cost of living for new residents is usually more than offset by the relatively low personal tax rates.
Transport: It’s common for people to walk to work if they live in the Sliema and St Julians area, but you’ll want a car to enjoy the island properly. Second-hand cars can be expensive, so you should consider bringing a car with you. If you haven’t owned it for more than 2 years, though, you’ll need to pay an import tax. It’s worth noting that you drive on the left in Malta, the same as in the UK.
Quality of life: Malta is full of fantastic bars and restaurants, the island has an average of 300 days of sunshine every year, and you’re never more than 15 minutes’ drive away from the sea! This quality of life is hard to find elsewhere in Europe, particularly if you can continue progressing your career at the same time.
Accessibility: There are regular flights between Malta and most major European cities, and most places are under 3 hours flight away. It is also easy to get to Sicily by ferry.
If there is anything else you would like to know about the Island, we are relocation specialists, so feel free to get in touch with us.