Legal Market Overview
The smallest European Union member state, Malta’s advanced economy continues to be powered by tourism, financial services and online gambling, an area where it acts as a waypoint for cross-border business if not an international financial centre. Its citizenship by investment scheme was also notable, and has tightened its criteria in response to media reports of earlier controversies, and then the Russian invasion of Ukraine. Aviation and ship registration are other sectors of note. Malta had an exceptional rate of progress with Covid-19 vaccination in 2021.
Malta’s legal system is a hybrid of common law and civil law, influence from the former coming from its historical relations with the United Kingdom.