Malta, a beautiful and tiny island country in the Mediterranean, is becoming the desired location for professionals seeking stimulating employment opportunities and a high standard of living. For Indians, especially those who are looking to broaden their economic growth and standard of living, it is an appropriate option because of its strong economy, welcoming workplace culture, and superior quality of life. Someone with relevant experience and expertise can easily obtain a job with a good salary.
Malta has a lower cost of living than other European nations. Compared to other European nations, the prices for household goods, furniture, and groceries are at their lowest.
In this blog, Sky Reach Overseas, the international job consultancy in Kolkata, will examine Malta’s booming job market and the opportunities it presents to Indian professionals in 2023.
Booming Industries
Don’t let the tiny island’s size decide Malta’s financial condition. It has one of the fastest-rising economies and offers a wealth of opportunities. Numerous new industries have proliferated in Malta over the past ten years, and some already established ones have expanded significantly. Broadly speaking, the Maltese economy relies mostly on iGaming, financial services, gaming, tourism, and pharmaceutical sectors. Speaking of employment options, many positions are available with respectable living conditions. There are positions available in every industry, including those in finance, sales, marketing, administration, hospitality, nursing, and other fields involving health. Indian professionals with experience in these fields can easily find numerous opportunities to showcase their abilities and support Malta’s expansion with the assistance of Malta job consultancy in Kolkata.
Low-Cost Living
Comparing Malta to other European countries, it is far more economically stable. It is simple for a visitor to live there without using their savings. Malta provides a luxurious lifestyle at reasonable costs.
In Malta, housing, transportation, and other benefits are all included in the monthly average wage, though the amounts vary depending on the job role.
For the first 183 days of each calendar year, foreign workers who relocate to Malta will pay a higher tax rate. Then, a tax deduction based on income is made, with a maximum deduction of 35 percent of the annual gross income. Europe job consultancy in Kolkata helps Indian skilled professionals to make informed decisions regarding salary expectation and negotiating employment contracts.
Work visas and permits:
Malta provides a range of visas for visitors from other countries to reduce stressful transit, including business, tourism, and medical care visas. Several visa options are available to foreign nationals who want to travel to Malta to work.
Foreign workers will require both a work permit and a long-stay visa. This license is referred to as an employment license in Malta.
Required documents are:
Malta recently introduced a new work permit for highly skilled workers called the Key Employee Initiative. An average processing time of five days is required to issue this work visa. But you must meet specific requirements to be eligible for the Key Employment Initiative. Europe job consultancy in Kolkata will help you with information regarding this.
Final Call:
Malta’s economy, employment rate, and climate contribute to the country’s rising appeal as a place to live and work. Malta, a high-income nation, provides excellent employment opportunities in a range of industries for professionals with a range of skills. Overall Malta is an alluring destination for Indians who are ready to explore new career paths. They can contribute to the development of Malta’s economic growth by their skills and experience.
Sky Reach Overseas, overseas career consultants in Kolkata are here to discuss with you the roadmap to a world of opportunities. Contact us soon to fix a consultation with our expert consultants.