Malta attracts people not only with its beautiful scenery but also with its surprisingly generous social benefits. The beneficiaries of Malta's social security schemes and systems cover workers, the elderly living alone, the disabled, the unemployed, and families. Benefits range from child and parental allowances, disability child subsidies, child-rearing grants, family allowances, maternity subsidies, and nursing subsidies, among others. New medical and work injury subsidies have also been incorporated into the social security plan, making it exceptionally comprehensive.
Major Welfare Measures Adopted by the Maltese Government
The Maltese government promotes stable and sustainable social development by providing public social services. At the same time, it pays special attention to vulnerable groups, hoping to ensure that everyone has "equal opportunities" through legislation. Building on the Old Age Pensions Act of 1948, the National Assistance Act of 1956, and the National Insurance Act, the Social Security Act was approved and passed in 1988.
Malta has multiple welfare policies, and its social welfare security system is relatively complete. Available benefits include:
♦ 11 years of government-funded free education from primary to secondary school;
♦ Local free public medical services;
♦ Units or individuals who pay social insurance premiums are also entitled to the following allowance benefits:
I. Unemployment Benefit
The unemployment benefit for an ordinary person is €7.97/day. Single-parent families or married individuals whose spouse has no primary source of income can receive €12.18/day.
II. Sickness Benefit
The sickness benefit for an ordinary person is €13/day. Single-parent families or married individuals whose spouse has no primary source of income can receive €20.09/day.
III. Injury Benefit
In the event of an accidental injury, an ordinary person can receive a subsidy of €22.68/day. Single-parent families or married individuals whose spouse has no primary source of income can receive €30.15/day.
IV. Maternity Benefit
Pregnant women can receive a maximum of €87.35 per week. The total annual subsidy can reach up to €1,222.90. Women on maternity leave can also enjoy maternity leave subsidies, receiving up to €672.04 in state subsidies.
V. Marriage Allowance
Upon registering a marriage in Malta, both the bride and groom can each receive a one-time marriage gift of €274.84.
VI. Child Allowance
Families with an annual income exceeding €24,742 can receive an annual subsidy of €450 for children under 16. Families with an annual income below €24,742 can receive subsidies for all children under 21. The calculation method for children under 16 is: (€24,742 - actual annual income) × 6%, up to a maximum of €1,155.96 per person. The calculation method for children aged 16 to 21 is: (€24,742 - actual annual income) × 2%, up to a maximum of €385.32 per person.
In recent years, Malta has become a "dark horse" in investment immigration due to its unique advantages. After the country launched the investment program requiring the purchase of €250,000 in government bonds, it was quickly sought after by many investment immigrants for its national welfare and the unique advantages of the project! Subsequently, the financing platform launched a €100,000 financing model, setting off another wave of enthusiasm in the investment immigration circle. Now, more positive news regarding the Malta Government Bond Immigration Program has arrived, with non-stop promotions!
The latest financing promotion plan for Malta immigration effective from November 1st:
From November 1st to December 31st, investors who choose the financing method to apply for the Malta Government Bond Investment Residence Program can enjoy half-price legal fees, a 15% discount on financing costs, and savings of up to nearly 310,000 RMB in immigration expenses!!! Easily immigrate to Europe with four generations of your family; this is an opportunity not to be missed!
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