Banking
Get to know the local banks and loan procedures in Malta
Expatriates finding themselves in the beautiful archipelago of Malta often face unique financial challenges and opportunities. Wealth management for expats in Malta requires a nuanced understanding of local regulations, investment opportunities, and strategic planning to optimize financial health. This article serves as a guide for expats to navigate wealth management, offering insights into investment routes for residency, retirement planning, and the importance of partnering with expert financial advisors.
Almost everyone thinks about one day buying their dream home, or running a business from their own shopfront or offices. If you could afford buying property in Malta outright, without getting a loan, might be the best way to make this purchase. But most of us require a loan to achieve this goal. Follow the five steps below to get started with getting a loan and buying your dream property in Malta
When looking into foreign exchange in Malta you should know the local currency is the Euro (EUR), which means its monetary policies are issued by a separate financial institution – the European Central Bank (ECB).
A concise guide for expats in Malta who are seeking mortgage finance to buy property in Malta or re-mortgage an existing property in Malta. We recommend that you read this guide before you apply to the bank.
You may think that it’s a crazy idea to get a personal bank loan when you are abroad. A lot of people assume that it is almost impossible to borrow if you are a foreigner – even some expats think that. It is true that it can be hard to do, particularly for someone who is an expat. It is not impossible though, despite the ideas that get perpetuated.
Malta’s currency is the Euro and it was adopted on the 1st of January in 2008, 4 years after the country joined the European Union. The majority of countries in the EU use the Euro with eleven of the member states adopting it when it was first introduced on the 11th of January in 1999.
Banking and the processes adopted by banks in Malta might be overwhelming for new expats coming to the island. In this article you will learn about the most common frequently asked questions when dealing with banks in Malta.
