How Malta Became the Mediterranean's Hot Spot for the Rich and Famous

With thousands of years of history, Malta offers visitors an abundance of heritage and culture to experience.

However, since joining the EU in 2004, Malta has developed into a modern holiday and business destination with many international firms setting up shop here. Over the last few years, the Islands infrastructure has improved dramatically with new roads, and new industries being attracted to the island.

Malta has become one of the world's leading iGaming hubs with many internationally acclaimed gaming companies being based here, mainly due to the tax advantages they are offered. The finance and maritime industries have also continued to grow with the Maltese flag now the sixth largest in the world.

As a result, Malta’s economy has thrived, often beating the economic growth rate of its other EU counterparts year-on-year.

Tall flashy skyscrapers offering high quality business solutions now adorn several areas of the island, with new marina’s increasingly offering SuperYacht owners the high level of service they require.

While it was once only thought of as an island to get a few weeks of sun every year, Malta now offers the rich and famous the luxury lifestyle they desire.

Due to increasing demand, the property market has continued to grow exponentially, with an abundance of properties to suit all tastes now available on the island.

Property investors, or those looking to relocate to Malta, can choose a beautiful Villa in Madliena, with pool and grounds to enjoy. Or a Penthouse in St Julian's, the commercial hub of the island. Those looking for a more rural feel, may consider buying a farmhouse in Gozo, to enjoy delightful views of the island's rolling hills.

Whether you are looking to move here, or you wish simply buy property in Malta, one thing is for sure, the Maltese property market is set to continue growing at a rapid rate.