According to the latest data released by the National Statistics Office of Malta, Malta's real GDP grew by 7.2% in the third quarter. By the end of the third quarter, the GDP reached €2.8 billion, an increase of €249.6 million compared to the third quarter of last year.
The Maltese government stated in a report that the 7.2% GDP growth in the third quarter is the highest national record this year, a figure significantly higher than the European Commission's growth forecast of 5.6%.
The data also shows that the strong domestic economic performance is attributed to a 6.5% increase in wages in Malta, a 4.5% growth in private consumption, and over €1.6 billion in business investment during the third quarter, which boosted business profits by 10%. This Mediterranean nation shines in terms of economy, education, healthcare, and social welfare, attracting the attention of many investment immigrants.
Real Estate Economy
Recently, according to the UK's "2017 Global City Residential Property Report," the global housing price index rose by 6.9% in the first quarter of 2017, with significant growth in European real estate investment. Data indicates that Malta is one of the best-performing countries in the European region, with housing prices rising by 12.6%.
Infrastructure
Malta's infrastructure is very sound. It is reported that the EU has invested €2 million in Malta's infrastructure construction. In the future, Malta's tourism and elderly care industries will become even more developed. Malta enjoys a pleasant climate and various land and marine sports facilities. In addition, most hotels provide water sports facilities, including scuba diving, water skiing, windsurfing, and sailing equipment.
Healthcare
Malta's healthcare system is very similar to that of the UK, implementing a free public healthcare system. Residents pay approximately €200 in health insurance annually to enjoy most medical services for free at major public hospitals. Its healthcare system is ranked fifth in the world by the World Health Organization.
Authentic British Education
The biggest highlight of Malta's education is its adherence to the authentic British education system, with English as the official language. In addition, Malta has both public and private schools; public schools provide 16 years of free education, and private school tuition is only 30% to 50% of that of international schools in China. Finally, if students wish to study in other EU countries, applying with Maltese permanent residency can significantly increase the acceptance rate and reduce tuition fees.
In recent years, Malta has become a dark horse in investment immigration due to its unique advantages. After the country launched the project of purchasing €250,000 in government bonds to achieve immigration, 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, which once again set off a wave of enthusiasm in the investment immigration circle. The latest financing promotion plan for Malta immigration starting from November 1st has been released. It is now in the countdown phase, so don't miss out:
From November 1st to December 31st, investors who choose the financing method to apply for the Malta Residence and Visa Programme can enjoy half-price legal fees, a 15% discount on financing costs, and total immigration cost savings of up to nearly 310,000 RMB!!! Ends at year-end. A family of four can easily immigrate to Europe; this opportunity should not be missed! Consultation Hotline: 400-138-2929