Malta named among best in Europe to retire in

One of the smallest nations in Europe, Malta has been named among the best countries to retire in by Global Citizen Solutions, behind only Portugal and Spain. The island nation on the Mediterranean is renowned for its history, stunning archaeological sites, scenic beaches and welcoming towns.

“Malta boasts an incredible healthcare system, attractive property prices, fantastic tax exemptions and incentives, political stability, a wide range of entertainment options, ideal year-round weather, and a large English-speaking population, among other things,”

according to the report.

Nestled between Italy and Libya it has a population of little over half a million. Because of its unique location in the heart of the Mediterranean, its culture has seen influence from all around including Europe, North Africa, and the Middle East. Despite a difficult past, it is ranked by the World Bank as being among the safest in Europe.

For expats from the UK, English is one of its official languages, making it easier to settle, Its cost of living is also lower than many in the EU. An average monthly bill is around £2,080–£2,400. While there is plenty of choice for housing, due to its dense population, many people live in apartments.

What’s more, foreigners can gain residency in under a year if you invest €110,000 in real estate. This earns you a right to visa-free travel throughout the EU and Schengen zone.

Behind Malta are Greece and Turkey in the top five of the best places to retire in Europe by Global Citizen Solutions.

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