Working in Malta, What You Need To Know.
Although Malta is a small island, many people have been fascinated by its workings. Many people appreciate Malta’s professional business culture and traditional Mediterranean way of life. Malta ranked first overall among 64 nations in the InterNations survey for job satisfaction.
Malta is undoubtedly a desirable place to work. Here are a few fascinating justifications for picking Malta as your place of employment:
- Flexible legal framework for all types of businesses
- In the EU, Malta has one of the lowest unemployment rates.
- An expanding tourism industry
In Malta, the typical workweek is 40 hours. You have the legal right to 24 days of annual leave and one day off on public holidays while working in Malta. You are permitted two weeks of sick leave annually, per the Social Security system. There are 14 paid and 4 unpaid weeks of maternity leave available to women.
Work visas and permits in Malta
Citizens of the EU, EEA, or EFTA are exempt from needing a work permit. There are two options available to people from the rest of the world: one is to invest in Malta, and the other is to have your employer apply for a work permit on your behalf.
In a global survey conducted by the WHO, Malta came in fifth place. All citizens of the EU are entitled to free access to the best medical facilities. Malta has high standards in the medical industry, so anyone who purchases national insurance is entitled to free public healthcare throughout the nation.
Malta salary and taxation
The National Statistics Office reports that the average annual salary in Malta is €19,390. Taxes on individuals range from 15 to 35 percent of their income. In general, pay increases are given based on the current cost of living. Malta continues to have one of the lowest cost of livings in Europe.
Social Security Benefits
The social security act offers a number of benefits to all residents over the age of 18 as well as Maltese nationals working abroad for Maltese businesses. Employers and employees must each contribute a minimum of 10% of gross wages as Social Security Contributions in order to receive these benefits.
Finding a Job in Malta
Numerous benefits of working in Malta are outlined in this article. You consider Malta to be your ideal workplace? We can aid in your job search. Check out the available positions in Malta right now: https://maltajobs.com/jobs/