|
Welcome to the World's International Largest Online Gaming Jurisdiction
With 7,000 years of history, two hundred generations of civilization and twelve months of sunshine a year, Malta has transformed itself from a British colony to an independent EU member state in the last four decades and is now emerging as one of the fastest growing financial services centre in the world and a front runner in the provision of ICT services.
Malta's geographical position, picturesque charm and historic appeal are further enhanced by the island's highly skilled multi-lingual professionals, strong yet flexible legislative framework for business has promoted Malta to win both prestigious investment and international recognition.
Since 2004, Malta received more than 450 remote gaming applications and boasts a labour force of 2,085 employees who are directly employed in the remote gaming industry.
Why Locating to Malta?
- Healthy Outlook - Malta offers high standards of health care and operations that are 30% cheaper than in the UK, along with English-speaking and largely British-based specialists
- Safest Travel Destination in the World - Several survey have proved that Malta is one of the safest vacation spots in the world'- US State Department, 2008; WHO Report, 2008, Travel Expert Laura Mc Kenzie, 2007
- ‘Malta has no modern day terrorist threats and its crime rate is very low ... the police force is one of the oldest in the world ... Malta is the perfect place to take terrific photos' - Renowned American Travel Expert and TV Host - Laura McKenzie, 2007
- Lowest Road Related Fatalities in the EU - Official EU figures, 2007
- International Economic Evaluation
- ‘Malta has made an outstanding performance in the field of financial services ... It is well-regulated, well-run and thriving and I see it thriving even more in the years to come' - EU Commissioner - Charlie Mc Creevy, May 2008
- Malta's banking system is well-placed to weather the current global turmoil. Banks have healthy liquidity positions and a good funding profile - IMF Report, May 2008
- ‘The Maltese Authorities must be commended for the successful adoption of the Euro on January 1, 2008: a crucial landmark in their growth oriented reform agenda' - IMF Report, May 2008
- Malta is a textbook case of the beneficial effects of meeting the EU entry criteria - The Economist, July 2007
- Malta is ‘Only EU & the Only Mediterranean Country that has been named a Miracle Economy out of 13 economies in the world who registered an average more than 7% economic growth rate in the past 50 years.' - Growth Report 2008, World Bank
- As a member of the EU, Malta is actively strengthening its national and cross-border crisis management framework in the light of lessons from the recent international financial turmoil - IMF Report, May 2008
Malta's Key Benefits to Business
- Effective Tax Systems - Malta offers incentive for firms to relocate their business including investment and employment tax credits as well as planned R&D tax credits, soft loan financing and bank guarantees.
- Sound yet flexible legistlative framework - Malta's legislative framework is in line with the main EU directives.
- Excellent economic track record with sustained growth, economic and political stability
- Skilled, Qualified and Multi-Lingual Professionals with comparatively low ancillary labour costs and an excellent work ethic - social capital is one of the prime resources in Malta with over 60% of students following a tertiary level of education or vocational courses.
- Malta has excellent flight connections and Maltese Standard time is one hour ahead of Greenwich Mean Time
- High Standard of Living with diverse entertainment and sport facilities and relatively Low Cost of Living
- Major Transhipment Hub in the Region - Malta Freeport is one of the most efficient and successful Freeport operations in the Mediterranean.
- Up market apartments and quality homes as well as excellent office space at reasonable prices
- Paramount anti-money laundering standards have nurtured the financial services sector.
- Business Environment - a product driven economy , established international banking and insurance services.
Malta's achievements in FDI ... so far
- Malta's advantageous tax rates and its highly skilled and educated workforce has contributed widely to Malta's success in attracting foreign investment.
- Smart City Malta - an investment of €220 million from Dubai's Internet City's Tecom-Sama joint venture has attracted technology giants such as Microsoft, Hewlett-Packard, IBM, Cisco and Oracle to join Smart City Malta.
- Lufthansa Technik - €60 million expansion of their existing MRO operations in Malta
- Services Sector - HSBC Call Centre
- Manufacturing Industry - ST Micro Electronics, Methode Electronics, Dowty
- About 20 international pharmaceutical firms such as Actavis and Siegfried Holdings have moved business to Malta
|