Living in Malta in 2025: A Guide for Every Expat

Cost of Living in Malta

Malta offers a relatively affordable cost of living compared to many other European nations, though prices have been rising in recent years due to increased demand for housing and services.

Here’s a breakdown of expected expenses:

• Average Salaries: The average salary in Malta ranges between €1,700 to €2,200 per month.
• Monthly Expenses: A single person requires a salary of €1,500 to €2,000 per month to cover rent, food, and utilities. Families with children typically need around €4,000 per month.
• Rent Prices: Rent varies depending on the location, with one-bedroom apartments in central areas costing around €900 to €1,500 per month, while larger family homes can range from €1,800 to €3,000.
• Utilities: Monthly electricity and water bills usually total €80 to €150, depending on the household size.
• Groceries and Dining: A meal at a mid-range restaurant costs approximately €20 per person, and monthly grocery expenses for a couple are around €400 to €600.

Economic Opportunities and Job Market

Malta’s economy is thriving, particularly in the following sectors:

• Finance & iGaming: The island remains a hub for financial services, fintech, and iGaming industries.
• Tourism & Hospitality: Tourism is a significant economic driver, with continuous demand for professionals in hospitality and event management.
• Technology & Startups: With incentives for digital startups, the technology sector is expanding, offering opportunities for entrepreneurs and IT professionals.
• Healthcare & Education: English-speaking professionals in healthcare and education are highly sought after, with growing international demand.

Housing Market Trends

Malta’s property market has been affected by the Golden Visa scheme, which allows foreign investors to obtain residency by purchasing property. While this has brought investment into the country, it has also led to higher property prices and concerns about affordability for locals.

Recent trends in the housing market include:

• Increased demand for luxury properties in central locations like Sliema, St. Julian’s, and Valletta.
• Rising rental prices due to a growing expat population.
• More investment in sustainable housing developments.

Climate and Weather

Malta enjoys a Mediterranean climate, characterized by:

• Hot, dry summers (June – September) with temperatures reaching up to 35°C.
• Mild winters (December – February) with temperatures rarely dropping below 10°C.
• Over 300 days of sunshine per year, making it an attractive destination for sun lovers.

Obtaining Citizenship in Malta

Expats looking to obtain Maltese citizenship have several pathways:

• Naturalization: Foreigners can apply for Maltese citizenship after living in the country for at least five years, provided they meet residency and integration requirements.
• Citizenship by Investment: Through the Maltese Citizenship by Naturalization for Exceptional Services by Direct Investment program, expats can acquire citizenship by investing at least €600,000 (for a 3-year residency) or €750,000 (for a 1-year residency) in Malta, along with an additional donation and property investment.
• Descent or Marriage: Those with Maltese ancestry or married to a Maltese citizen for at least five years can apply for citizenship.

Maltese citizenship grants visa-free travel to over 180 countries and the right to live and work anywhere in the EU.

Recent Developments and Infrastructure

• Urban Planning Changes: Malta has seen ongoing infrastructure improvements, but concerns remain regarding overdevelopment, particularly in Gozo. The planned demolition of a British colonial barracks in Gozo has sparked local protests, with citizens calling for heritage preservation.
• Transportation: Public transport improvements, including discussions about a potential metro system, aim to ease congestion in busy areas.
• Sustainability Initiatives: The government is pushing for green initiatives, such as solar energy incentives and eco-friendly transport.

Is Malta the Right Choice for You?

Living in Malta offers a mix of advantages and challenges. Expats enjoy the high quality of life, warm climate, and welcoming community, but must also navigate the rising cost of living and housing market pressures. If you are looking for a sunny, culturally rich, and economically growing destination, Malta remains a great option.

By keeping up with these latest trends and developments, you can make an informed decision about moving to Malta in 2025.

With over 20 years of experience as overseas Financial Advisers, we understand that moving abroad comes with challenges and important financial decisions. If you have any questions, we’re here to help.

Contact us today for a free consultation and let us guide you toward a secure financial future.