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Traditionally agriculture was important, but the economy has undergone significant change. Major industries now include high-tech manufacturing, food and beverages, tourism and international financial services. In recent years the Maltese government has actively sought to attract foreign capital with attractive incentives, including generous tax breaks, aimed at international investors and entrepreneurs. Malta is an excellent jurisdiction to establish low-taxed international trading companies and treaty-protected international holding companies. Malta also has an important shipping register and is one of world's preferred jurisdictions for tax-free yacht registrations. This pro-business government policy seeks to build on Malta's many existing strengths such as its strategic location, excellent international trade relations, a highly qualified, motivated and English-speaking workforce and a good quality of life including excellent healthcare and schools. Malta is also a very attractive location for private residence. Malta offers non-Maltese persons the possibility of acquiring residence status through attractive and efficient programmes available both to EU and non-EU citizens. A residence permit entitles its holder to reside permanently in Malta with the freedom to come and go any time. A permanent resident enjoys a privileged tax status while at the same time benefiting from Malta's wide network of Double Taxation Treaties. A further advantage of this status is that as long as the resident abides by the rules of the permit, the resident permit holder need not spend any particular time actually residing in Malta. Malta has a good infrastructure. Telecommunications, postal services, banking, hospitals and health services as well as all other important public services are efficient and of a very high standard. Air Malta operates 35 flight routes mostly within Europe and the Mediterranean region, and most major European airlines operate flights to Malta. There is a regular sea link with Italy.
Malta offers many advantages, including:
To establish yourself or your business in Malta will require securing relationships with key partners such as government officials, bankers and corporate professionals. You need experienced consultants to build a network of contacts and to help you to become established in your new environment. The
specialised services of Henley & Partners are a resource
and complement to other law and consulting firms. We can help
other firms and their clients with the unique and specific details
required by the immigration and business relocation process
and tax planning involving Malta and other key jurisdictions
worldwide. Further Information Through its offices in Malta, Henley & Partners assist foreign individuals in obtaining residence status, and advise corporations and investors about all aspects of investing and doing business in Malta, including efficient company incorporation and management. Please contact us for more information or to arrange for an initial personal consultation.
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