Right above eastern Tunisia and under southern
Italy rises a land that was a much-sought jewel by almost every empire and
major civilization that’s ever existed: from the Greeks to the Normans, from
the Romans to the Byzantines, from the Phoenicians to Napoleon’s France.
We are talking about Malta, a Mediterranean
archipelago with one of the richest histories of its region. Its privileged
location, its heavenly beaches, and its cultural mix makes it one of the top
tourist destinations in the Mediterranean.
Going along Vittoriosa, Senglea, and Cospicua, known as the “three cities,” which have been inhabited since the Phoenician times and saw the birth of the Order of the Knights of Malta; a tour to the captivating Hypogeum, with all of its archeological wonders, or submerging in the beaches of Golden Bay, are just one of the few drivers of tourists, and culture-savvy expats to the island.
It’s not a coincidence that Malta is known as an
open-air museum where you can travel through its ancient history, follow the
footsteps of St. Paul, and of the Crusaders that shaped the island, all while
moving around a tech-savvy country with a vibrant expat community.
What if we told you that all this also comes with
a thriving, hungry for investment economy that offers plenty of tax
optimizations possibilities? Add to that the fact that Malta has the most
prestigious CBI program on the planet, world-renowned financial services, and a
diversified, tech-savvy, service-oriented economy.
And that’s just the beginning. What if we also
told you in Mundo, we work with the finest experts for CBI and RBI programs in
Malta?
Due to its geostrategic position, Malta has always
been in the sight of major empires. The country has an Ancient history of
Greek, Phoenician, Carthaginian, and Roman presence. Afterward, during the
Middle Ages, it was ruled by the Byzantine Empire, then by the Ottoman Empire,
the Norman Empire, and the Crown of Aragon. During this period, the Holy Roman
Emperor, Charles V, gave the islands to the Knights Hospitaller, a formerly
military religious order now known as the Knights of Malta.
The Knights shaped modern Malta. They built its
capital, Valletta, under advanced architectonical planning, and said it would
be a city for gentlemen, by gentlemen, and incorporated it into the
Renaissance culture.
But they also lost the archipelago, this time,
against Napoleon’s army in 1798. Afterward, they were given to the UK as part
of the Treaty of Paris. The UK possessed the islands from the early 19th
Century through 1964, when it officially became an independent state. Despite
this tumultuous history, the country has been a stable democratic state for all
its recent history. Malta is both a member of the Commonwealth and the European
Union, which means that, along with Cyprus, it is the only country that is a
member of both organizations.
However, the country is an EU member since 2004
and has a diversified, high-tech, and service-oriented technology. The country
has implemented one of the most successful and prestigious RBI and CBI programs
in the world since 2014, and that’s why many of Mundo’s clients are genuinely
interested in this small archipelago.
To understand the potential and diversification of
the Maltese economy, a quick look at its top exports will give you a
sneak-peek: Integrated circuits, refined petroleum, packaged medicaments,
stuffed animals, and low-voltage protection equipment. All these exports
require a high degree of expertise and high-tech industry, meaning that for its
size, Malta is playing in the big leagues. It’s not a coincidence that
Singapore, China, Germany, and Hong Kong are among Malta’s top business
partners.
Malta has a population of 494,000 stuffed in 312
sq km. That means Luxembourg is eight times larger and that Malta is one of the
most densely populated countries in the world. It’s composed of three main
islands: Malta (where the capital, Valletta, is located), Gozo, and Comino.
The islands have a Mediterranean temperate
climate, with long, dry summers perfect for beach days, and short winters.
During the winter, it is rare that the temperature falls under 5 ºC, which
means that outdoor activities can be conducted throughout the whole year.
That’s beneficial for tourism, which is still one of the drivers of Malta’s
economy.
$170,000
$1,400,000
$350,000
$395,000
$165,000
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