Why Mundo Loves Malta?

There’s much to love about Malta. Don’t let its 300 sq km fool you. This island must be on the map of every high net worth individual and investor. Its CBI program was a before and after on the second passport world. The country boasts a favorable tax regime for investors, diversified and cutting-edge financial services, and licenses. We don’t exaggerate when we say Malta is one of the most beautiful places in the Mediterranean with a succulent history and culture.

Don’t say we didn’t tell you. If you’re looking for a new place to invest or to relocate, Malta has to be at the top of your list.

The most prestigious CBI and RBI program in the world

Malta’s CBI program came to surpass all other programs previously established. It was perfect for high net worth individuals who wanted more than a second passport. Malta’s CBI offered them one of the best passports in the world with full access to the EU, where they can invest, work, live, and study with total freedom. It also offered secure investment in government bonds with strong returns and a possibility to establish themselves on the island and optimize their taxes.

It was a major overhaul of the CBI system. A similar program followed it in Cyprus and now in Montenegro. But Montenegro isn’t an EU member yet, and the Cyprus program costs twice as Malta’s. The archipelago’s program remains at the top of the top.

Even better: In Mundo, we work with the best experts for high net worth individuals seeking to apply for the CBI and RBI program in Malta. Our partners, Discuss Holdings, provide relocation and second passport services for high net worth individuals around the world with guaranteed quality.

A dynamic and diversified economy

Malta has created a proper commercial environment to integrate the country in a globalized economy. For its small size, the country has an amazingly diversified, knowledge-based economy, where some of its most significant exports are semiconductors, microchips, processed plastics, pharmaceuticals, and aero parts. Likewise, the country has a strong services sector, especially of financial services, which account for almost a fifth of the country’s GDP.

This economic environment led the country to be, alongside Germany, the only two states of the EU to continue sustaining GDP growth during the financial crisis that started in 2008. Malta has incredibly stable credit ratings and a purposeful macroeconomic policy that will keep the country thriving for the next few years.

Multilingual and specialized workforce

English is a co-official language, and it’s spoken by 88 % of the population. 67 % of the population speaks Italian, and around 15 % speak French. German and Spanish are widely spoken. This simplifies doing business in Malta. The island is used to having a strong expat community and a cultural mix, which makes locals incredibly open to foreigners.

Likewise, as the country conformed its economy towards financial services and knowledge-based industries, Malta has an aptly-prepared workforce with strong credentials. It has implemented programs to offer tax incentives for high-ranking executives to attract them to work on the island. The island has some of the best educational facilities of the continent with plenty of courses for specific industries present in the island, which eases the continuous education of the workforce.

Tax optimization

You may see that the island has a 35 % corporate tax rate and a 35 % income tax rate, and you may not believe what we are saying. But what if we told you that you could receive a full refund of your corporate taxes and can lower your income tax rate to 15 %?

That’s right. Malta offers four types of tax refunds for companies (full, 6/7ths, 5/7ths, 2/3rds), and certain foreigners (permanent residents, CBI, and RBI) receive a 15 % flat tax rate.

Well-established financial services

Malta has a long tradition of being a secure jurisdiction for banking, investment funds, and trusts. It’s not a coincidence that the financial services account for almost a fifth of the island’s GDP. Despite its small size, the country boasts around 700 investment funds, of which a fifth are administered outside of Malta. Likewise, Malta projects that blockchain technology will be 10 % of the GDP by 2027, as it was the first country in the world to offer official crypto licenses and has been promoting blockchain-based technologies for the last few years. By far, the island offers some of the best wealth management services across the EU with full harmonization with international standards.

A beautiful island with a low cost of living

Malta is a popular relocation place. Its natural beauty, its amazing past that turned it into a bridge between dozens of civilizations, and its rich culture drive many towards the island, especially those seeking peace in a secure, modern environment. All this comes at a fraction of the price than in most places in Europe. Renting is way cheaper than in most European cities, and taxes are way lower, meaning that people can live comfortably with less than €3k per month. Even with this reduced cost of living, the country offers modern telecommunication services and has an impressive healthcare and educational system.

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