Malta has an economy that is considered to be stable and well oriented internationally (mt. Credit Rating: Moody’s A3, S&P Al). The World Markets Research Centre has rated Negligible Overall Risks.
Malta is a democratic country where the rule of law is respected. Crime rate is very low especially violent crime. Buying property in Malta ensures it is not just a pleasurable but safe living experience. International Living magazine’s 2004 Quality of Life ranks Malta in the top 10 most liveable places, and leading British Estate Agents, Knight Frank, predict a capital value growth of 12.5% for 2007.
Maltese and English are the official languages of Malta and Italian is widely spoken. English is in fact the language of education and business. German, French, Spanish and Arabic are spoken at a lesser degree. Translations are widely and readily available.
Maltese law is based on the code Napoleon and European and English law. Legislation is drafted in Maltese and English and proceedings in court may also be carried out in English. Malta has a very low crime rate and is a very safe country to live in. Contracts for Malta property purchase can also be drawn up in English.
Malta has a high standard of education with around 14,000 students attending the university or a tertiary education institution.
Information and Communication Technology (ICT): Malta placed 2nd behind Israel among Mediterranean countries in the technology index, and 17th place worldwide in the Global Competitiveness Report 2003 published by the World Trade Organisation.
