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Looking to Malta as a possible place to retire next year

ATLMSK

Hi,


My name is Michael and I work in Atlanta, GA.  I'm in discussions with my financial advisor as to potentially moving to Malta, primarily because I'm worried about leaning a new language.   We are working on the budget now and I had a couple questions I'd like help with:


  1. I'm looking to rent a 2 bed/2 bath apartment near the beach (I think) and wanted to get an idea how much to plan for utilities, internet and telephone etc, beyond what I pay for rent.
  2. I was unclear how much to plan for healthcare with the private insurance if need be.  I won't be working remotely as I'll be 72 when I arrive.
  3. I'd like to get by without a car, using mass transit as much as possible, with Uber or Bolt filling in the rest.  Are there certain areas of the country that have better transportation access than others?


Before I move, I'd like to spend the better part of a month to move around the entire island to see how it might feel to live there long term.


Thanks for your thoughts in advance.

See also

Living in Malta: the expat guideMobile Phone OptionsManaging mailboxes or PO boxes in MaltaRoad safety in MaltaNon EU single permit application identita malta
william966

From reading your questions I'm guessing you have not yet grasped how small our islands are especially in relation to where you live.


This is possibly a major advantage for the island as its very compact and makes it very easy to travel around. Public transport is not the best but for someone retired works very well


An appartment in Gzira for example 1500 per month for a 2 bedroom. Overall my understanding is that it does not appear to matter where you are located. More or less the range seems to be 1300 to 1800 per month


The rest utilities, internet, mobile put in another 100 but that will also depend on how much air conditioning you use.


Healthcare unfortunately no idea for your age as we are covered by a national health service. PErhaps some other expat can answer that question

SimCityAT

@ATLMSK


Have you visited Malta before? If not, maybe you would like to check out the place first.

ATLMSK

I'm going to Panama next April on an ÍæÅ¼½ã½ã tour that takes you all over the place and discusses the relent issues to retiring there.  Is there such a tour for Malta?  One geared for potentially moving to Malta as opposed to just visiting.


You are correct in that I don't realize how small the island is.  I would definitely visit before any decisions were made.

SimCityAT

Is there such a tour for Malta? - @ATLMSK

Have a look at this site >

SimCityAT

The size of Malta

images?q=tbn:ANd9GcSvuKHuDTPIrU4OubTdP9g8iHpWGTUCl4TTkg&s

LuisCavalho

Michael, expect €1,200–€1,800/month for a 2-bed near the coast, €150–€250 for utilities, €30–€50 for internet. Private insurance runs €1,500–€2,500/year. Public buses work in Valletta, Sliema, St. Julian’s, but elsewhere you’ll need taxis or a car.

hanselmar5

@ATLMSK

Welcome to this forum. It is a great idea to visit this country first before you make the decision to move. Malta is entirely different from the USA. It is a mini country smaller than many cities in the USA. WE do not have a river, nor a forest, but many rocks. It seldom rains between April to September.We drive on the left and our roads are narrow. Public transport is cheap, but sometimes crowded. Malta is a good place for divers and yacht owners. However, before you come across with your yacht see the place for yourself  and decide if you want to live here for many years to come.

GozoMo

@hanselmar5

Buses are free when you have your residency card.

Evreham

As others have already stated, around €1,500 monthly rent for an apartment, around €100 a month for utilities (water, electricity and gas). I pay €31 a month for internet, that includes a fixed line phone, €6.50 a month mobile phone, unlimited calls + 10gb data. Grocery shopping is roughly €400 per month, but obviously this would depend on your tastes. Buses are free, as is the Valletta/Sliema/Three cities Ferries. Residents over 60 years old travel free in the Malta to Gozo regular ferry, or €3 on the high speed Valletta to Gozo ferry. As for health insurance, I have been fortunate to always have this provided by my employers. I am currently covered by Atlas Insurance with offers AXA PPP, I have found this excellent, much better than Bupa, which I had in the past. The cost of cover will depend on your age, but if you visit the Atlas Insurance website, you are able to request a quote, if this helps.

As you are not tied to a location, I think you should consider Gozo rather than Malta. I have lived in Malta for 40 years myself as my husband is Maltese, but we are considering moving over to Gozo once I retire in 3 years time. The pace of life is less hectic, there is more countryside to enjoy and some of the best restaurants are in Gozo 😀

hanselmar5

@Evreham

when knights retire they take up accommodation at Fort Chambray