Tax Implications of Moving to Malta
Moving abroad is something that many Britons yearn to do, and Malta is a popular destination for many of them.
Yet how much do you know about the tax implications of moving to Malta?
There are many issues people face when moving from the UK to Malta. Depending on your circumstances, however, there are likely to be things that you can do to minimise the problems, and you may even find that you can reduce your tax liability by moving to Malta!
You should always take advice when looking to purchase property in and/or moving to any country, and in particular Malta, where you may be able to benefit from a more favourable tax regime. An adviser with a good understanding of both jurisdictions can help you understand the tax implications of your move and work out how to make your money work for you, protecting it against foreign taxes, and how to make the most of the opportunities available.