What country is Malta?

Malta is a country in Europe, and permanent residents in Malta have four advantages.

First of all, a good English environment is easy to integrate into society and communicate with people. All official documents are written in English; Laws are written in English and Maltese; Business and business transactions are also conducted in English. There are also private English schools that provide high-level education; The University of Malta is free to permanent residents. There are also many private hospitals that provide high-quality medical services; In terms of medical facilities and services, Malta is ranked fifth in the world by the World Health Organization.

Secondly, the living standard in Malta is higher than that in the Mediterranean and other European countries, but the consumption index is lower, so life in Malta is more comfortable and affluent, and life is more relaxed and leisurely than in Europe, especially the charming scenery and comfortable life in Gozo Island make people linger. Maltese are very friendly to foreigners, and the crime rate in all areas is very low. Children here can be taken good care of by their elders and grow up safely. Most foreigners living in Malta find the local people surprisingly enthusiastic about their help and care.

Third: Malta's mild climate is particularly attractive. ?

Fourth: Malta's tax system is very beneficial to permanent residents. The low tax rate, coupled with the double taxation agreements between many countries and Malta, has benefited Malta's high-asset residents. Income brought into Malta is taxed at 15%, foreign income is not taxed at all, and physical assets brought into Malta within six months after immigration approval are not taxed.

To sum up, Malta attracts crowds of tourists, and many residents want to immigrate to Malta, not only because of the environment and traffic, but also because once they are granted Malta permanent resident status, even if they are not citizens, they can stay in Malta permanently and enter and leave freely without having to apply for an entry visa and renew it. After obtaining permanent resident status, you need to go through the renewal formalities every year. This permanent resident status will not be revoked unless you violate the terms of the permanent residence permit. Permanent resident status will not affect the visa required to enter other countries, so sometimes based on the nationality of a permanent resident, it is still necessary to go through the entry permit and visa procedures of other countries, while Maltese citizens may not need this visa to enter some countries. Once Malta's permanent resident status is approved, it needs to be registered with the Malta Finance Bureau, and the Maltese tax authorities will issue a certificate to prove that the person has settled in Malta. With this proof, most countries (especially those with double taxation agreements with Malta) treat this person as a Maltese resident when collecting taxes, and implement the policy of double taxation reduction and exemption; Different countries treat taxes and fees differently. Some countries will stop taxing people who become residents of Malta. Some countries will charge lower tax rates; Some countries need citizens who immigrate to Malta to sever ties with their own countries. Some countries need them not to appear in their own countries for a period of time. It is impossible to list the situation of different countries here, because each country has its own tax system. However, on the whole, for those with high assets, moving to Malta always has the advantage of tax reduction. Personal and family property brought into Malta by permanent resident status holders, such as furniture and other household items (excluding guns and weapons) and cars brought into Malta within six months after arrival, are also exempt from customs duties. These items can also be taken out of Malta free of charge. If permanent residents buy a car in Malta, they also enjoy import tariff exemption, but if they sell the car to Maltese residents, they have to pay taxes, and if they sell it to other permanent residents, there is no charge.