Three seminars were recenly held at the Malta High Commission, Piccadilly titled ‘The Mediterranean’s Best Kept Secret…why you should move to Malta?’ These seminars provided key information to help those attending to make the best of their move or investment in Malta.

In his introduction, High Commissioner Joseph Zammit Tabona welcomed the guests and explained why Malta is a favourite destination for anyone planning to move or invest outside the UK. He mentioned the excellent relations that exist between Malta and the UK, both on a political and economic level, and made reference to supporting statistics such as that 31% of incoming tourists to Malta come from the UK market and the stock of FDI into Malta from the UK stands at over Euro 460 million.

The seminars were organised by Blevins Franks, leading tax planning and wealth management advisers to expatriates living abroad; John Huber & Associates, a Maltese advisory firm that caters for tax services with special focus on tax issues related to relocating to Malta and expatriate services; and Frank Salt Real Estate, Malta’s leading real estate group which also focuses on providing assistance to foreign nationals acquiring property in Malta.

Jean Chapelle from Blevins Franks provided advice on Cross Border Tax, Integrated tax, investment planning and suggested how to maximise investment income in a tax efficient manner. Further advice was given on current assets, transferring pensions and inheritance tax planning.

John Huber from John Huber & Associates gave an overview of the fiscal implications of taking up residence in Malta. His talk focused on the various residency programmes available and the tax implications. He took the opportunity to promote the recently launched Malta Retirement Programme which was very well received by the seminar audience.

Grahame Salt from Frank Salt Real Estate covered Real Estate and Investment Opportunities which are available to anyone interested in settling in Malta. He remarked that 15,000 UK nationals have set up home in Malta over the last 2 decades. Since 2005, the expatriate population in Malta has increased by 65%.

He also discussed the rental market, particularly the residential market which has been recently stimulated by the boom in the commercial market. He said that 90% of properties rented in Malta are rented by non Maltese.

High Commissioner Zammit Tabona remarked that he was very pleased with the outcome of these seminars and said he will continue to fully support companies which promote moving or investing in Malta, specifically by offering the space at the Malta High Commission in Piccadilly to other Maltese companies to hold similar events.

Permalink: UK Seminars on moving to Malta at the High Commission