Relocating to another country is a big decision that requires a lot of careful thought. While there are dozens of great reasons to move to Malta, it's a change that isn't right for everyone. We've compiled a list of the most common pros and cons of making the move to help you decide what's best for you, your family, and your business.
Let's start with the benefits of moving to Malta.
The Pros:
Weather
There's no denying that the climate in Malta is about as close too perfect as a single spot on earth can get. It's sunny and tropical, yet still hurricane-free. It doesn't get cold enough to snow, so you'll never have to shovel the driveway or scrape a layer of ice off your car again. Plus, you'll always have an amazing sea breeze.
Lots of English speakers
Most residents speak both English and Maltese, as well as one or more other languages. While learning Maltese will be helpful in your future, you won't need to learn a new language before you make the move.
Residency Programs
Malta's residency programs may be available and these often include a special tax status. As an example the Malta retirement programme is a popular programme with Northern Europeans whom choose to escape their harsher winters for the milder winter climate of Malta.
Jobs
Malta has a thriving tourism industry and a strong (and stable!) economy, making it an ideal place to find secure employment. It's also an ideal place to start a new business, thanks in part too certain government incentives, which give fiscal and taxation benefits. Malta has a thriving tourism industry and also a successful financial services industry that has created a number of jobs.
Sight-Seeing
One of the benefits of living in a place that bases a large part of its economy on tourism is that it's undeniably beautiful. On your weekends you can act like a tourist in your own hometown, or take a short drive to any of the other easily-accessible sight-seeing spots.
Healthcare
According to the World Health Organization (WHO), Malta has one of the best healthcare systems in the world, ranking higher than the UK and US.
And now what are some of the reasons to stay put or look elsewhere?
The Cons:
Culture shock
Though most people find they love the Maltese culture (and the fact that you won't have to give up your own national heritage to fit in), Malta is still going to be different from what you're used to. If you tend to have an especially difficult time with change, moving to a new country might not be in your best interest.
Traffic
While Malta does have a fairly good public transportation system, most of the population owns and drives personal cars. This can lead too regular and heavy traffic.
Costs
Depending on where you're from, the cost of buying food, clothes, and entertainment may seem higher, as much of the things you'll buy in Malta are imported. However, you'll also find that many services (such as banking) are far less expensive and come with fewer taxes and fees.
Crowding
Malta is a densely populated country with many metropolitan areas. If you like living in the city, you'll love it. But if you're used to a very rural life, you may not enjoy the hustle and bustle of life in most parts of Malta. However, there is also the option of relocating to the more rural and quieter sister island, Gozo.
