Hi all,
I'm Rudolf, from the Netherlands and am thinking of living in Malta. One of my reasons is because the cost of living there is much lower, and taxes are flat rate 35%. And ofcourse because it's nice and sunny there, and there seems to be a good (online) business atmosphere. It *might* also be easier for me to work there due to my internet marketing experience. Additionally, I'm still living at home and want to get out of here as the situation is just.. not too optimal. Living on your own in the Netherlands is tough without working full-time, which would also immensely decrease time available to invest in my business.
Anyway.
I have some questions I couldn't find the answers of during my online search;
1. I'd still like to keep up a parttime job in Malta if I decide to live there, because my business income isn't high enough to cover the costs of living on Malta (I think). I've seen numbers of minimum wage on this forum going as low as ~4 Euro per hour. This worries me. I might be able to get a proper paying job, but if you lose it, or can't find one, you might have to settle for a lower paying job. Is it really that low? How is the current job market in Malta anyway?
2. In the Netherlands, I can earn money through my business with 0% taxes. Ofcourse you understand I really like this, and am wondering if the same is possible in Malta. The reason I got this exempt, is because with my online business, the customer transactions are being done in a foreign country (affiliate marketing), and I was wondering if Malta would offer something similar. If no one knows the answer to this question or isn't sure, would you know who to contact about this?
3. Furthermore, how long can you stay/work in Malta without having to dedicate your residence officially to Malta? In case things really don't work out, I'd like to go back to my home country without too much hassle.
4. Finally, can anyone give me a reasonably accurate number of the cost of living on Malta, when I choose to live cheap, but not as cheap that I will end up living in the slums (so to speak) and am able to entertain myself now and then (e.g. visit the beach, have lunch somewhere, a night out, etc.), not too often though.
I think that's all for now.
I thank anyone who can be of help in advance.
Regards, Rudolf