Gibraltar and Malta are amongst the world’s leading iGaming hubs and as such have become home to some of the world’s top gaming and sports betting companies, making these destinations desirable places for those who wish to relocate for business or career purposes. The weather in these locations is generally pretty good too 😉. We aim to be experts in our field as Recruitment Consultants but also research and support our network wherever we can, including relocation support. We identify and attract top talent internationally across Financial Services, Technology & Digital, and Gaming & Sports Betting including in Gibraltar and Malta.

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Gibraltar  

  • Gibraltar provides several industries to work in that allow you to grow and advance your career with the enviable outdoor lifestyle. Gibraltar is an English- speaking community and therefore an ideal place for relocation.  
  • Primary industries in Gibraltar include gaming, finance, IT, insurance, legal or accountancy based.  
  • Gibraltar’s employment system is equivalent to the UK system. All contracts are in English and similar to the ones in the UK. It is moreover not necessary to be bilingual which opens many opportunities for jobs that require only fluency in English.  
Gibraltar

Cost of living

On average, apartments are around £1000-1500. (Source: https://www.numbeo.com/cost-of-living/country_result.jsp?country=Gibraltar)

Places to relocate to

Some relocate to Gibraltar but with space at a premium many people opt to live in Spain near the Gibraltar border and “commute” over the border for work each day. La Línea de la Concepción + Campamento are one the most popular places to live when relocation to work in Gibraltar. Both towns are located just outside the border. However, many people also commute from Fuengirola, Marbella, Los Barrios and Tarifa.

Tax  

There are two different tax systems in Gibraltar. Individuals may choose to pay their tax under the Allowance Based System (ABS) or the Gross Income Based System (GIBS). According to the HM Government of Gibraltar, single individuals who chose to be taxed under the GIBS will be tax the following:

Gross Income based system  

Individuals with gross assessable income not exceeding £25,000:
the first £10,000 of assessable income at 6%
the next £7,000 at 20%

Individuals with gross assessable income exceeding £25,000:
the first £17,000 of assessable income at 16%
the next £8,000 at 19%
the next £15,000 at 25%
the next £65,000 at 28%  
the next £395,000 at 25%
the next £200,000 at 18%

For more information regarding income tax and Social Insurance in Gibraltar visit the GOV website under:

https://www.gibraltar.gov.gi/new/income-tax-office  

Commute

The bus system is very good which makes commuting into Gibraltar easy. Here is a link to the bus website:  

http://www.tgcomes.es/rutas_todas_english.htm

If you decide to commute via car, make sure you include extra time for crossing the border (30 min) as driving into Gibraltar can be very busy. A quicker and cheaper way is to park your car outside the border and walk over the border. Cycling, Moped and Busses are also easy options to get to work.  

Healthcare

All residents of Gibraltar are entitled to health care, while British citizens will be treated for free. EU nationals must possess a valid European Health Insurance Card.

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Malta

  • Malta is attractive for its relatively slow-paced and relaxed lifestyle, affordable cost of living, as well as the country’s historical links to Britain. Also, many industries are experiencing significant development and growth in Malta especially the gaming industry and the financial services therefore there is high demand for experienced professionals.  
  • Malta is in the Schengen area which means they abolished passport and immigration controls at internal borders with other Schengen countries (including the UK). For British citizens the rules on visa free travel within Schengen area will stay the same until the transition period ends on 31 December 2020 (Source: https://www.gov.uk).  

Cost of living

Everyday life in Malta is relatively affordable, compared to the UK or other Western countries. A pint of beer at a small pub can go for £2.70 and public transportation is relatively inexpensive as well – 68p per journey, capped at £24 per month if you have the Tallinja card (Source: https://www.publictransport.com.mt/adult).  

Places to relocate to

Most of the expats live in Valletta, the capital city and a hotspot for heritage tourism and commerce, or Floriana, Malta’s administrative and financial centre. Another favourite place for expats is Sliema, port city just across the water from Valletta, where you can find lots of newly built property options.

valletta-malta
Valletta, MALTA

Tax

A very interesting and welcome legacy for foreigners is the remittance-based tax system, which means that non - Maltese individuals can get a very beneficial tax treatment by becoming a resident of Malta.  

There are two types of residency:

Ordinary Residence

Ordinary Residence applies to people coming to Malta from the EU. The tax you pay is worked out by taking from 0 to 35% of your income, minus a tax-credit, depending on how much you earn and marital status.  
For more information regarding income tax in Malta click here to visit the GOV website of Malta.

Permanent Residence

Permanent Residence is open to everyone, no matter what your country of origin is. If you’re not from the EU then this is what you need to apply for. You can also apply for this scheme if you are from the EU, but we recommend always consulting a lawyer to see which scheme is more suited to you. If you become a permanent resident in Malta you will need to pay 15 per cent tax on the income you bring into the country. Thanks to double tax treaties with various countries (including the UK), you will probably not need to pay any tax to your country of origin. You can find the whole list of countries that have a double tax arrangement with Malta here.

‍Commute

A few years ago, Malta went through a major renovation in its public transport network. Malta is a small country which means that most areas are connected by public transportation one way or another. ‍

Healthcare

Healthcare in Malta is free. As long as you’re employed, you can head to the Mater Day Hospital (or the Gozo General Hospital if you’re in Gozo) and get necessary treatments free of charge. Private health insurance in Malta is very affordable as well. Simple in-patient plans go for as low as £80 a year, a payment of around £320 a year will get you full cover, allowing you to see doctors at one of the many private clinics and hospitals and avoid the queues of the public clinics.

For more detailed information about healthcare for UK nationals living in Malta click here.

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