(Commonwealth_Europe) Malta has recently become a popular destination for South African expatriates, with a surge of interest resulting in nearly a 30% increase in residency applications from South Africans over the past two years. Families seeking a safer and more stable environment, along with high-quality education options and a welcoming lifestyle, find the Mediterranean island appealing, contributing to this growing trend.
One of the primary draws for South African families is Malta’s reputation for safety and security. With its low crime rate and emphasis on community well-being, Malta provides an environment where families can enjoy peace of mind. Locals in Malta often leave their doors and cars unlocked, reflecting the island’s secure and serene atmosphere, a luxury that attracts many expatriates. This sense of safety is especially important for families who are looking for a fresh start in a new country, away from the challenges they may face in their home countries. Families can enjoy year-round outdoor activities like soccer, rugby, hiking, and diving, which contribute to a balanced and healthy lifestyle, thanks to the island’s relaxed pace of life and stunning Mediterranean backdrop.
Malta’s strong educational system is another significant factor driving the migration of South African families. The country’s education system, based on the UK model, offers a wide range of private and international schools catering to children of all ages, providing an English-speaking environment that is familiar and comfortable for South African families. This eliminates language barriers, making it easier for children to integrate into their new surroundings. Malta’s highly regarded university system, ranking among the best in Europe, further enhances its appeal as a destination for those seeking top-notch education options. Over the past year alone, the number of South African students enrolled in Maltese schools has grown by nearly 40%, indicating a clear shift in preference toward Malta’s educational standards and the opportunities it offers.
For many families, the prospect of building a new life in a country with a rich cultural history is also an attractive feature. Malta boasts 8,000 years of cultural heritage, offering a unique blend of tradition and modernity that appeals to expatriates from all walks of life. The island is home to numerous heritage sites, museums, and arts institutions, providing ample opportunities for cultural exploration and enrichment. This mix of the old and new makes Malta an exciting place to live and thrive, and its rich history gives the island a special charm that resonates with expatriates, including those from South Africa. As a result, South African families find it relatively simple to integrate into the social fabric of the country, especially as Malta has become home to a growing community of South African expatriates.
In addition to the lifestyle benefits, Malta’s tax regime is a significant financial draw for many South Africans. The country offers a favorable tax structure, with a flat 15% tax rate on foreign income remitted to Malta and exemptions from capital gains and inheritance taxes. Furthermore, Malta has double taxation agreements with various countries, ensuring tax efficiency and protection for expatriates’ global assets. Many South African expatriates relocating to Malta have reported saving up to 35% on taxes compared to their obligations in South Africa. Malta appeals to those seeking to secure their financial future and enjoy a high quality of life due to its tax relief and financial stability reputation.
For South African families who are considering relocating, navigating the regulatory processes involved in securing residency or citizenship can be a daunting task. This is where companies like Credence, a corporate services and advisory firm in Malta, come into play. James Muscat Azzopardi, the director of Credence, explains that his team has been instrumental in guiding many South African families through the complexities of Malta’s residency and citizenship-by-investment programs. These services help expatriates seamlessly transition to life on the island, ensuring that they can settle in and make the most of all the opportunities that Malta offers.
Muscat Azzopardi emphasizes the company’s goal of making the relocation process as smooth as possible. “We aim to make this journey as seamless as possible, allowing families to quickly settle and experience Malta’s unique advantages,” he says. Credence offers comprehensive support to South African families, helping them with residence applications, setting up businesses, and managing the various legal and financial steps involved in relocating to Malta. For many South African families, having this expert guidance ensures they can focus on enjoying their new life in Malta, rather than worrying about the administrative details.
Malta’s appeal to South African expatriates lies in the combination of its safe and secure environment, excellent educational system, welcoming lifestyle, and favorable financial conditions. With its low crime rates, high-quality schooling, rich cultural heritage, and attractive tax incentives, Malta is an ideal destination for South African families looking for a fresh start. The continued rise in South African residency applications underscores the growing recognition of Malta as a place where families can enjoy a high quality of life and long-term financial security. As more families move, Malta’s close-knit expatriate community continues to grow, creating a vibrant and supportive environment for newcomers to call home.
