Malta has a number of factors which make it attractive to financial services companies and to high-net worth individuals, but it is not only the obvious ones that should be considered: its effective and efficient regulatory approach makes a huge impact on operators.
There is no doubt that the island leverages its size, turning ‘small’ into a place where connections make it easy to network, and where the lack of natural resources has placed the focus on the provision of services.
With bipartisan backing for financial services, the sector has grown steadily, with the population’s proficiency in the use of English as its business language adding to its cosmopolitan appeal. Accession to EU certainly helped to widen its horizons but it also meant that EU expatriates were given the opportunity to set up their base in the Mediterranean. Airline connectivity, steady investment in telecommunications, and innovative legislation combined to sow the seeds of an ecosystem that now encompasses
