Why Malta?
Malta has a pleasant Mediterranean climate with mild, wet winters and hot, dry summers, rendering the Maltese islands a popular tourist destination.
The Maltese economy is driven by the Regulated Industry Solutions sector, followed by tourism and iGaming. The regulated industry landscape in Malta has evolved into a more productive and specialized niche, remaining resilient despite financial crises that have impacted other countries. With its advantageous tax regime, robust and sophisticated legal framework, and relatively low-cost environment, Malta has successfully positioned itself as one of the most reputable and thriving hubs for regulated industries in Europe and beyond.
About Malta
Malta’s performance over the years confirmed the Island’s resilience to face hard circumstances. Overall, the economy does not appear to suffer from a lack of competitiveness. The economy underwent a structural shift away from traditional manufacturing and towards higher technology activities, mainly in services, in a relatively smooth way. The restructuring was job-rich and thus able to absorb a significant increase in labour participation, in particular as more and more women entered the labour market. Export market shares increased, mainly in services, but also in some segments of the trade of goods. Price and cost competitiveness have improved, thereby supporting an export-led recovery of the economy and a further improvement in the current account balance. A stable regulatory environment and a relatively cheap and skilled labour force certainly contributed to these favourable developments.
