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Retiring in Malta | Expat Exchange
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St. Julian's, Malta

Retire in Malta

By Joshua Wood, LPC

Last updated on Feb 08, 2024

Summary: Retirees are attracted to Malta for its Mediterranean climate, rich culture, and low cost of living. Malta's mild climate is ideal for retirees looking to enjoy the outdoors year-round. The average temperature in Malta ranges from the mid-50s Farenheit in the winter to the mid-80s Farenheit in the summer.

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What is it like to retire in Malta?

"Malta is a popular destination for retirees due to its warm climate, low cost of living, and excellent healthcare system. There is an active expat community in Malta, with many retirees from the UK, Ireland, and other European countries. There are plenty of cultural attractions to explore, such as the historic cities of Valletta and Mdina, the stunning beaches of the Mediterranean, and the many archaeological sites. There are also plenty of recreational activities to enjoy, such as golf, sailing, and hiking. For those looking for nightlife, there are plenty of bars, clubs, and restaurants to explore. Malta is a great place for retirees to enjoy a relaxed lifestyle with plenty of activities to keep them busy," commented one retiree living in Malta.

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William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
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What are the most challenging aspects of retiring in Malta?

"One of the most challenging aspects of retiring in Malta is the cost of living, which is higher than in many other countries. Additionally, the language barrier can be difficult for those who do not speak Maltese, as English is not widely spoken outside of the main tourist areas. The climate can also be a challenge, as Malta is known for its hot and humid summers. Finally, the healthcare system in Malta is not as comprehensive as in other countries, so retirees may need to purchase additional health insurance to cover any medical needs," explained a retiree in Malta.

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SJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

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What are the most rewarding aspects of retiring in Malta?

"Retiring in Malta offers a number of rewarding aspects. The country boasts a warm climate, with plenty of sunshine and mild winters, making it an ideal place to enjoy outdoor activities year-round. The cost of living in Malta is relatively low, making it an affordable place to retire. The country also offers a high quality of life, with excellent healthcare and a wide range of leisure activities. Additionally, Malta is a safe and welcoming place to live, with a rich culture and friendly locals," remarked one retiree in Malta.

What are healthcare services like in Malta?

We asked retirees if they have access to good medical care in Malta. They wrote:

"Malta offers a comprehensive healthcare system, providing both public and private healthcare services. The public healthcare system is funded by the government and is free for all citizens and residents. It includes a network of hospitals, clinics, and health centers, as well as a range of specialist services. Private healthcare services are also available, with a range of private hospitals and clinics offering a variety of treatments and services. In addition, Malta has a number of health insurance companies that offer coverage for medical expenses," said a person in Malta.

How do I meet people in Malta?

When we asked people living in Malta about club and activities where newcomers can meet others, they responded:

"Expats in Malta often join clubs and activities such as sailing, diving, and golfing. There are also many social clubs and meetups that expats can join to meet other people. Expats can also meet people by attending local events such as festivals, concerts, and art exhibitions. Additionally, many expats find it helpful to join online forums and social media groups related to Malta, which can be a great way to connect with other expats and locals," commented one retiree living in Malta.

What is life like in Malta?

When we asked people living in Malta what life is like and how people spend their time, they said:

"Malta is a popular destination for expats and digital nomads due to its warm climate, low cost of living, and vibrant culture. Expats and digital nomads in Malta can enjoy a relaxed lifestyle, with plenty of opportunities to explore the island's stunning beaches, historical sites, and vibrant nightlife. The country also offers excellent healthcare and education systems, making it an ideal place to live and work. Expats and digital nomads in Malta can also benefit from the country's strong economy and business-friendly environment, making it an attractive destination for entrepreneurs and freelancers," said one retiree in Malta.

William Russell

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

Learn MoreGet Quote

William Russell

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

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What do I need to know before retiring in Malta?

When we asked people what advice they would give someone preparing to move to Malta, they said:

"Malta is a great destination for retirees looking for a sunny, Mediterranean lifestyle. Expats should research the cost of living in Malta, as it is higher than in many other countries. It is also important to consider the language barrier, as Maltese is the official language, although English is widely spoken. Expats should also be aware of the healthcare system in Malta, as it is a public system and may not meet the same standards as in other countries. Additionally, expats should research the tax system in Malta, as there are certain tax benefits for retirees. Finally, expats should consider the cultural differences between their home country and Malta, as this can affect their experience of living in the country," said a retiree who moved to Malta.

What type of recreational activities are there in Malta?

"Malta offers a wide variety of recreational facilities for its residents to enjoy. Popular activities include swimming, snorkeling, and scuba diving in the Mediterranean Sea, as well as exploring the many historical sites and monuments scattered throughout the island. There are also numerous beaches, parks, and nature reserves to explore, as well as a variety of outdoor activities such as hiking, biking, and horseback riding. For those looking for a more relaxed experience, there are plenty of cafes, restaurants, and bars to enjoy. Additionally, Malta is home to a number of cultural events and festivals throughout the year, providing plenty of entertainment for residents," said one retiree in living in Malta.

Where will I buy groceries and do other shopping in Malta?

"People living in Malta typically buy groceries from supermarkets such as Lidl, Pama, and Park Towers. Other shopping can be done at the local markets, such as the Marsa Market, or at the many shopping malls located throughout the country, such as The Point Shopping Mall in Sliema or The Plaza Shopping Centre in St. Julian's," remarked one retiree in Malta.

About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

St. Julian's, Malta

William Russell
William Russell

Get a quote for international health insurance from our partner, William Russell.
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Get a quote for international health insurance from our partner, William Russell.
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