John Huber, managing tax consultant at John Huber and Associates Malta, once again made presentations in Stockholm and Gothenburg with the focus in promoting Malta as the ideal destination for retirement. Speaking at one of the events John Huber commented “With the introduction of direct Ryanair and SAS flights from Stockholm, more Swedes are visiting our island especially during the winter months. The mild Maltese winter, in contrast to the Swedish dark cold winter, offers the opportunity to practise favourite summer sports such as sailing and diving.”
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. However 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 Mr Huber.
Speaking about his advisory role as a tax consultant to those taking on residency in Malta, Mr 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 Malta’s residency scheme and tax benefits can be found on the John Huber and Associates website www.johnhubermalta.com . The website is for information only and should not be used as the basis to conclude any decision. Individuals should discuss their requirements with a professional tax consultant well acquainted with Malta’s tax regime .
For over two decades, Mr 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, Mr Huber held the role of Associate Director at KPMG Malta.
Mr Huber 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.