Malta is a big hit with those from the UK looking to retire overseas! One of the overriding benefits is its comprehensive health service, which is currently ranked 5th in the world by the WHO (World Health Organization) against the UK which can only manage a lowly 18th place!
James Vassallo Senior Sales Manager for Tigne Point Marketing Ltd said, “Healthier options coupled with lifestyle changes become decidedly more important for many in their later years. Priorities undoubtedly change as children fly the nest, with many deciding to embark on a new way of life. Health tops most people’s agendas and those deciding to retire abroad look for the reassurance of a renowned health service.
Malta has become a particular favourite for the British, as its comprehensive health service to residents is entirely free at the point of delivery. Funded from general taxation, all residents have access to preventative, investigative, curative and rehabilitative services in Government health centres and hospitals. Our high ranking health service has been instrumental in many expats choosing to adopt Malta as their preferred residence and at a time when the UK’s National Health Service continues to fall short of expectations, it will continue to attract many further UK expats.”
Malta benefits from many other ‘attractions’ not least for its favourable taxation. Permanent residency schemes offer tax as low as 15% on any income brought into the island and one must also remember that after three years of residency there is no local inheritance or capital gains tax. With a close affiliation to the UK, low cost of living, year round Mediterranean climate and the English language adopted alongside Maltese, Malta certainly has a lot to offer UK buyers planning to retire in the sun.
Tigne Point Marketing Ltd are currently marketing ‘T10’ apartments at the renowned Tigne Point, which is part of a 450 million Euro brown field regeneration programme, perfectly positioned overlooking the capital Valletta and the open sea. Tigne Point is a premier lifestyle development combining residential, commercial and leisure facilities all within a pedestrian car free zone. With superb facilities all within walking distance, underground parking and far reaching views it is a perfect location for both young and old. T10 is the latest release of residential properties to come on to the market and it is anticipated that all of the 59 one, two and three bedroom apartments and 6 stunning penthouses will actually be sold very early on at this off plan stage, such is the popularity of Malta’s biggest regeneration programme to date.
Ideally situated on the eastern tip of the Tigne peninsula, T10 faces the mouth of the Marsamxett harbour and is just minutes away from the new state of the art shopping centre where Debenhams is opening its flagship store, along with eateries, private pool, clubhouse and premium health and sport facilities. Benefiting from quality materials selected by top interior designer Pippa Toledo, T10 is also the first residence on Malta to utilise the new HVAC system (heating, ventilation, and air conditioning) designed and supplied by Siemens, which allows for simultaneous heating and cooling in each apartment. This revolutionary new system is environmentally friendly and offers a significant cost saving.
