John Huber and Associates Tax Services Malta Participate at the ‘Place in the Sun Exhibition’ at the NEC
At the exhibition, visitors had the opportunity to meet a selection of property agents from Malta and Gozo who showcased a wide variety of property options from both islands. John Huber was available to answer any questions related to the buying process and taxation. Malta shares deep-rooted strong cultural and historical ties with Britain.
At the exhibition, visitors had the opportunity to meet a selection of property agents from Malta and Gozo who showcased a wide variety of property options from both islands. John Huber was available to answer any questions related to the buying process and taxation.
Malta shares deep-rooted strong cultural and historical ties with Britain. Having been a British colony for over 150 years, the Maltese have absorbed some of Britain’s customs and traditions. There are several evident examples such as the fact that the Maltese, like the British, drive on the left side of the road. The Maltese flag carries a George Cross in its corner- a reminder that King George VI had awarded this prestigious military medal to the entire island for its outstanding bravery during World War II.
Overall Malta offers the most attractive fiscal incentives for retirees. Its rich culture and heritage, weather, Mediterranean lifestyle and European flair go a long way. The fact that English is an official language greatly differentiates Malta from other popular destinations.
“There are no language misunderstandings. Contracts are in English hence the procedure is pretty straightforward as clients read the actual contract and not a translation which is dependent on third parties. This greatly facilitates any property, inheritance and tax matters as well as any follow up correspondence,” said John Huber.
Speaking about his advisory role as a tax consultant to those taking on residency in Malta, John Huber commented "No tax solution is the same. Often clients are interested in Malta’s residency scheme, benefiting from a 15% tax rate. However it is pertinent to view the whole scenario, such as pension payments, property held, property to be purchased, other assets as well as inheritance and wills."
More information on the Malta’s residency scheme and tax benefits can found on the John Huber and associates' website. The website is for information basis only and should not be used as the basis to conclude any decision. Individuals should discuss their requirements needs with a professional tax consultant well acquainted with Malta’s tax regime.
About John Huber
For over two decades, John Huber has specialised in tax services which include up-to-date assessment of tax law, immigration, residency, expatriate and relocation services and work permit requirements. Having built a strong portfolio of international clients, his experience and knowledge provides high quality services enabling clients to maximise their income and save time. Prior to setting up his own specialised practice, John held the role of Associate Director at KPMG Malta.
John is President of the Malta Business Bureau housed in Brussels and Malta, and a Member of the Board of Management of the Malta Chamber of Commerce and Industry. He has recently been appointed as Malta’s representative for employers on the EU Advisory Committee for the Coordination of Social Security Systems.
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John A. Huber