Investing In Malta
One of the major advantages for high net-worth individuals in Malta is the pro-business environment cherished in the country. The responsible government authorities adopt a pro-business approach, aiming hard to expand investment opportunities within the European market and beyond.
Malta Enterprise is the agency responsible of the facilitation of business in Malta, not least through incentives and assistance programmes.
Foreign direct investors may also benefit from very reliable business advice through the services of specialized companies based in Malta. These are the best entities to help an investor get to know more about Malta’s regulatory framework, the island’s competitive tax regime and its numerous double taxation agreements.
The Government of Malta is making a special emphasis on linking the European market to other successful economic regions of the world, building on the principles laid down in the Europe 2020 Competitiveness Reports issued by the World Economic Forum.
The World Economic Forum has placed Malta’s economy among the fifty most competitive economies in the world. Similarly, Malta has ranked in the top category of countries whose economy is innovation-driven. Malta’s human capital development, involving indicators of health, education and employment, has placed 28th out of 122 countries studied in another World Economic Forum report.
Official statistics of the European Union confirmed that Malta’s unemployment rate is among the lowest in the Eurozone. Actually the economy is bolstered by the effort of Malta’s highly-skilled and English-speaking workforce.
Since joining the EU in 2004, the Maltese economy has experienced a complete transformation. Presently, the main contributors to the island’s GDP are tourism, financial services, the aviation and maritime industry, film production, online gaming, aviation, high-end manufacturing including pharmaceuticals and education.