Why study in Malta?
It’s possible that Malta isn’t at the top of many people’s choices when it comes to potential locations for foreign study. On the other hand, there are a lot of perks associated with going to school in this gorgeous little country in the Mediterranean. Malta is a real hidden gem for international students who have a sense of adventure because it provides an excellent standard of education, an affordable standard of living, and a multitude of exciting career opportunities in industries of the future such as gaming, blockchain, and artificial intelligence. In addition to this, Malta is a nation that recognises the significance that graduates of higher education institutions provide to society. Tax advantages, expedited visa processing, and free assistance with the launch of a new firm are all available to skilled graduates who either remain in Malta or relocate there. The following is a list of the top six reasons to study in Malta.
Advancing education on a global scale
Education Malta is a non-profit organisation that encourages the internationalisation of education on the island of Malta and extends an invitation to institutions from other countries to establish a presence there. Since its inception in 2016, it has already accomplished a great deal in terms of integrating Malta into the education industry on a worldwide scale. The European Union’s Study in Europe programme and the Global Education Network both currently include it as a participant.
Education Malta often sends representatives to conferences and international education fairs in countries such as Russia, the United States of America, Switzerland, Italy, and China. During the month of October 2019, a group from Shanghai University of Political Science and Law headed by the university’s President travelled to Malta to explore intentions to build a satellite campus. Although discussions are still taking place, it’s possible that a new campus may open as early as the year after next. In the interim, the Guangdong University of Technology and the Malta College of Science and Technology (MCAST) have formed a partnership to oversee the implementation of an innovative Bachelor of Science in Engineering degree programme. The class will be given on the MCAST campus in Malta, and it is available to students from all educational institutions.
In 2018, the government of Malta declared that postgraduates who were joining the workforce would be eligible for a tax cut. Those who have earned a master’s degree are excused from paying taxes for one year, while those who have earned a doctorate get a significant tax break of two years. Even if they only get a reduction on their income tax of fifty percent, graduates who studied on a part-time basis are still covered by the new regulations.
Tax income of around €7 million ($8.3 million) per year will be foregone by the Maltese government as a result of the plan. Having said that, this is mostly an investment in the years to come. The tax advantages are intended to entice the smartest and most talented students from all over the globe to study in Malta in order to satisfy the growing need for highly qualified professionals on the island. “We presently have 1,600 individuals working inside research and development, but we would want to have 4,500,” says Edward Scicluna, the minister of finance. “Our goal is to have 50,000 people working in research and development.” It is projected that there would be a 40,000 percent rise in the need for professionals and people in management jobs over the next four years.
A fantastic environment in which to enhance your English skills
The English language is the de facto international business language, and Malta is an excellent location in which to acquire this skill. Every year, there are around 75,000 foreign students who enrol in English language classes. Italy accounts for a major amount of the student population, while France and Germany also send a sizeable number of its young people here to study. Some visitors come all the way from as far as as South America, the Middle East, and South Korea.
The bulk of foreign students come in July, allowing them to combine their time off over the summer with the opportunity to enhance their English skills. The course with the highest enrollment is general English. In addition to reading, writing, hearing, and speaking, extra work is done on vocabulary, grammar, and pronunciation. The primary emphasis is on reading, writing, listening, and speaking. The weekly time commitment for the courses ranges from 15 to 30 hours and includes a significant portion of individual instruction. Other course possibilities include intense English, English for employment, English for business or academic purposes, as well as programmes designed specifically for students over the age of 50.
Exciting possibilities for new employment
In 2004, Malta completely overhauled its regulations on iGaming, an industry worth several billions of dollars that includes online poker, betting on sports online, and other types of internet gambling. The new laws lowered company rates, lowered taxes, and accelerated the processing of visa applications for employees with high levels of expertise. This little island in the Mediterranean is now home to some of the largest names in the igaming industry, like PlayFrank, which is based in the United Kingdom, and Paddy Power/Betfair, which is based in Ireland. These new restrictions make Malta an appealing location for igaming businesses.
Igaming is expected to be valued around $127 billion by the year 2027, according to specialists in finance. This translates to a plentiful supply of high-paying career possibilities for newly-minted graduates. Coders, designers, business development managers, analysts, account executives, traders, and data scientists are in high demand at iGaming firms, and they are always looking to fill open positions. The vast majority of these occupations come with significant compensation packages, particularly as you advance to more senior positions and take on more responsibilities. For instance, the starting wage for a data analyst is around $39,000 per year, while the income for the head of corporate data and intelligence may reach as high as $90000.
Fostering New Business Beginnings
Start-Up Malta has adopted the slogan “Sun, sea, sand, surf, and start-ups” as its official slogan. The non-profit organisation acts as a connector between entrepreneurs and investors, offers financial and technical mentorship, and assists in the transformation of ideas into scalable goods or services. For young people who are amazing at coming up with fresh ideas but lack some of the more practical business abilities, this is a superb service that may help them get their ideas off the ground. In addition to that, there is no charge whatsoever. Start-Up Malta, in contrast to other organisations, does not impose any fees for agreements or pitching ideas.
Over the course of the last several years, Start-Up Malta has been instrumental in the establishment of hundreds of innovative new businesses. They include Founders Bank, a new type of bank that aims to disrupt traditional finance and credit models; EZ365, a new platform for trading digital currencies and assets; and Quidaz, a cryptocurrency exchange. Founders Bank is a new type of bank that aims to disrupt traditional finance and credit models. Quidaz is introducing cryptocurrency trading to the African market, making it possible for millions of individuals in underdeveloped nations to get access to cutting-edge financial tools.
Then there’s EBO to consider. EBO is an artificial intelligence-driven ‘customer service’ provider that was established in 2017 with the help of seed money obtained from Start-Up Malta. Customers are receiving a higher quality of service, and companies are seeing increased revenue as a result of this automation of customer support on a worldwide scale. Many businesses who make use of EBO’s AI agents have reported an improvement in customer satisfaction levels of up to 200 percent, a decrease in the number of needless calls of up to 30 percent, and an increase in the number of cross-sold services of up to 1.5 times. George Gatt is the one who first established EBO. After receiving his bachelor’s degree in sociology from the University of Malta, he went on to get his PhD in information and communications technology (ICT) law at another university. Therefore, if you have a significant plan that you want to put into action, Malta can be the location for you to make it happen!
An very high typical of living
The economy of Malta is one of the most stable in the eurozone, and the country’s climate for doing business is quite favourable. It is a fantastic location from which to build a new business or begin a new career. On the other hand, it’s a wonderful (and extremely secure) place to call home. To begin, there is the climate. Malta has an average annual temperature of 78.8 degrees Fahrenheit and receives around 300 days of sunlight each year. It also features some of the most beautiful beaches and vacation destinations in Europe, which means that you won’t have to go very far in order to enjoy a trip filled with leisure and relaxation. Alternately, students have the opportunity to simply visit one of the many fascinating attractions, such as the mediaeval “Silent City” of Mdina or the imposing Citadella di Valletta (so named because there are no cars and the city of just 300 falls wonderfully silent and dark by night). Alternately, you might go on a tour to the Temples of gantija. The Gantija Temples, which are now part of the UNESCO World Heritage list, are often considered to be the world’s earliest free-standing structures. Around one thousand years before to the construction of the Pyramids of Giza, these structures were erected.
If learning about ancient history is not your thing, then you should spend your weekends at one of the many cafes, restaurants, or pubs that line the shore of Malta. Malta is well-known, much like many of its other Mediterranean neighbours, for its hearty traditional cuisine, its delectable seafood, and its welcoming hospitality. In addition, as long as you steer clear of the tourist traps, you should have no trouble finding lots of restaurants that are affordable for students.
You may acquire an excellent education in Malta, enjoy a good level of life there, and meet plenty of intriguing people from all over the globe, and that’s only the beginning of your trip there. After receiving your diploma, you will be provided with all of the resources necessary to launch a successful career or even establish your own company.