Hi,
I am planning to move to Malta and would like to understand the income level one should earn via job or business to lead a comfortable life in Malta.
Hi,
I am planning to move to Malta and would like to understand the income level one should earn via job or business to lead a comfortable life in Malta.
This question cannot be answered with the information you provided.
Most people say 30k is a "good" income here, less still comfortable
shilpa20 wrote:Hi,
I am planning to move to Malta and would like to understand the income level one should earn via job or business to lead a comfortable life in Malta.
As a TCN I guess your first problem is to find a job and get a work permit as you can not move here without it!
If you found a job at €20 - 25,000 and are single you would be fine.
Ray
Hello, F0xgl0ve!
Can you please tell, by 20-25k you mean net or gross salary? 20k before taxes would be enough for a single TCN? And maybe you know: the tax rates for TCN are the same as for residents or TCN pays more?
Thank you!
Not sure if there is a difference between TCN's tax rates and others but I would not have thought so.
Check the Inland Revenue website for tax rates.
Ray