16 UGLOBAL IMMIGRATION MAGAZINE
WHAT RESIDENCY BY INVESTMENT OPTIONS DOES MALTA OFFER ?
BY CHARLOTTE BRUN
Learn about how families , companies and digital nomads could benefit by relocating to the Mediterranean island of Malta .
Over the years , Malta has become more and more popular with expats , with one in five inhabitants in Malta today being a foreigner . Being an archipelago in the middle of the Mediterranean Sea , situated 80 kilometers south of Italy , Malta enjoys a warm and sunny climate all year round . The Maltese islands are the ideal place for those craving swims in the clear waters of the Mediterranean almost all year round or long hikes in the countryside . Malta also offers a wide range of entertainment options , with many restaurants offering cuisine from all around the world , as well as a vibrant nightlife scene .
For many years Malta has ranked as one of the safest countries to live in Europe , which is one of the first things that expats seek while relocating , especially those with families and children .
With a steadily growing economy as well as a sound banking system , Malta is expected to have one of the highest GDP growths in 2022 across the European Union , with an estimated 5.2 % growth rate . As a result , Malta has a very low unemployment rate and offers many job opportunities for expats . The projections for 2023 show that Malta ’ s economy will stay robust and grow consistently , with an estimated 4.5 % growth rate .