A Guide to Retiring to Malta by Advance Moves
Retiring to Malta is an increasingly popular choice for British expats looking for a sunny, peaceful, and culturally rich destination. In this guide, we will cover everything you need to know about Retiring to Malta, including a step-by-step process on how to retire to Malta, what life is like there, the cost of living, the best places to retire, and how you can become a resident of Malta. We’ll also explore how Advance Moves can help you get the best deals on moving to Malta.
1. Step-by-Step Guide on How to Retire to Malta
Step 1: Research and Plan Your Move
Before making any decisions, it’s important to thoroughly research Malta. Understand the culture, climate, healthcare system, and local laws to ensure that Malta is the right retirement destination for you.
Step 2: Visit Malta
If possible, visit Malta before making the move. This will give you a feel for the lifestyle, help you explore different areas, and decide where you would like to live.
Step 3: Apply for Residency
To retire to Malta, you will need to apply for residency. Malta offers several residency schemes, such as the Malta Retirement Programme (MRP), which is designed for retirees from the EU and beyond. You can find more information about residency options here.
Step 4: Arrange Healthcare
Malta has a high standard of healthcare, but you’ll need to ensure you have adequate health insurance or are eligible for the public healthcare system.
Step 5: Organize Your Finances
Plan your finances carefully. Ensure you have sufficient income to support your retirement in Malta, whether through pensions, savings, or investments. Check if your UK pension can be transferred or paid in Malta.
Step 6: Move Your Belongings
Use a reliable international removal service like Advance Moves to help you move your belongings to Malta. Their Quick Quote system can help you find the best deals and save money.
Step 7: Settle In
Once you arrive in Malta, take the time to settle in, register with local authorities, and enjoy your new life.
Advance moves can get you the best prices for a removal to Malta. Use the Quick quote system for an Instant online quote for Moving to Malta from the UK and make retiring to Malta a reality.
2. What is it Like to Retire and Live in Malta?
Retiring to Malta offers a relaxed, Mediterranean lifestyle. The island is known for its warm climate, beautiful landscapes, and a rich cultural heritage. As an English-speaking country, Malta is particularly appealing to British expats. The locals are friendly, and there is a vibrant expat community. The pace of life is slower, making it an ideal destination for retirees looking for peace and tranquility.
3. What is the Cost of Living Like in Malta for a Retiree?
The cost of living in Malta is relatively affordable compared to other European countries. While it is not as cheap as some destinations, retirees can live comfortably on a moderate budget. Key expenses include:
- Accommodation: Rent varies depending on the location. Valletta and Sliema are more expensive, while smaller towns offer more affordable options.
- Groceries and Dining: Local markets and supermarkets are reasonably priced, and dining out is affordable, with a wide range of options available.
- Healthcare: Malta offers excellent healthcare services. Public healthcare is free for residents, but many expats opt for private healthcare, which is still affordable.
- Transportation: Public transport is cheap and efficient, making it easy to get around the island.
4. Where are the Best Places to Retire in Malta for a British Expat?
- Valletta: The capital city is rich in history and culture, offering a cosmopolitan lifestyle with plenty of amenities.
- Sliema: Popular among expats, Sliema offers a vibrant atmosphere with modern facilities, shops, and restaurants.
- St. Julian’s: Known for its nightlife and dining, St. Julian’s is a great spot for those who enjoy an active social life.
- Mellieha: For a more peaceful retirement, Mellieha offers stunning beaches and a slower pace of life.
- Gozo: If you prefer a rural setting, Gozo, Malta’s sister island, is quieter and offers a more traditional way of life.
5. How to Become a Resident of Malta
To become a resident of Malta, retirees must apply for one of the residency programs. The Malta Retirement Program is particularly designed for non-working EU nationals and offers favorable tax rates. You will need to meet certain criteria, including owning or renting property in Malta and having a steady income. More details on how to apply can be found here.
6. How Advance Moves Can Help You Get the Best Deals on Moving to Malta
Advance Moves offers a Quick Quote system that allows you to compare removal companies and find the best deals for your move to Malta. This system is designed to save you both time and money, ensuring a smooth transition to your new life in Malta. You can access their information page on moving to Malta here.
Advance moves can get you the best prices for a removal to Malta. Use the Quick quote system for an Instant online quote for Moving to Malta from the UK and make retiring to Malta a reality.
Retiring to Malta is a dream for many British expats. With its sunny climate, welcoming culture, and affordable cost of living, Malta is an excellent choice for those looking to enjoy their golden years in a beautiful Mediterranean setting. With the help of Advance Moves, you can make your move to Malta as stress-free and cost-effective as possible.
