Comments by "Marvin Fine" (@torontovoice1) on "7 Reasons to Consider Malta Citizenship" video.
-
3
-
2
-
2
-
1
-
1
-
1
-
1
-
You know it was on my list as one of the countries to move to. I never really could understand the difference between the residents and the non-dom program until I investigated it further. If you're a resident, you have to pay tax on your worldwide income, and you get healthcare, big deal! You should go for the non-dom, you pay a flat tax of $5,000 Euros a year or something about an area and you have to have Private health care. Apparently the healthcare is very good, but it's very congested, has high pollution, and there's construction literally everywhere. It's a small place! But it does have relatively good flight connections, and it is part of Schengen, and I guess if you're worried about pollution you could probably move over to the small island called gozo, which requires you to take a ferry every time you want to go to the main island which might be somewhat inconvenient. Like you said so many times, there is no perfect country. And the more you look, the more you realize that statement is true. And it seems like the best countries in the world are the ones with the highest tax. That would stand to reason, because they're spending money on infrastructure. The only exception I think would be Dubai, but you're paying through the nose for everything, and you have to go up and pass a medical test every 3 years where you get thrown out. And of course you'll never get a passport. So if you're looking to set up roots in a country, that would not be my choice. I've looked at a lot of articles about the island of Malta as well, and it seems to be that most people don't spend that much time there. There is also the problem with banking, and I think they're still on the gray list, which I saw on the website know your country. On a positive note though, the country is growing by leaps and bounds, and their GDP has gone up substantially so they must be doing something correctly
1
-
1
-
1