tristrav
English expat in Malta
Forum posts
10
About me
English
Lives in Goza
Registration: 04 September 2015
Activity
Residency through self-sufficiency by Geebee1978
I'm will look to apply for residency in the New Year and obviously there are benefits of doing this through self-sufficiency. I know this has been covered to death but there is still one point that isn't clear to me. They ask for over ...
Currently, you have to prove an income of 92 Euros a week for the last 6 months including the present. Alternatively a bank statement showing at least 14,000/24,000 for two. My brother came over here recently and just produced evidence if his state ... Read More
WHAT IS A REASONABLE INCOME IN MALTA by Broomie
My wife and I intend to retire in 2017. Between us we will have a pensionable income of £20,000. Isthat sufficient for two people to live on in Malta? Secondly, we aren't eligible for state pension yet but when we are, is it payable in ...
I don't belong to the BRA or ever have done but the information I have received from them indirectly has saved me a lot of money and heartache over the 14 years I have lived here. They are the only organisation recognised to represent British ... Read More
WHAT IS A REASONABLE INCOME IN MALTA by Broomie
My wife and I intend to retire in 2017. Between us we will have a pensionable income of £20,000. Isthat sufficient for two people to live on in Malta? Secondly, we aren't eligible for state pension yet but when we are, is it payable in ...
Yes one of them is a state Pension. A lot of expats declare their State pensions in Malta and their private ones in the UK; whereby attracting no tax in Malta and a small amount in the UK. It doesn't work in Spain, Italy or Portugal but ... Read More
WHAT IS A REASONABLE INCOME IN MALTA by Broomie
My wife and I intend to retire in 2017. Between us we will have a pensionable income of £20,000. Isthat sufficient for two people to live on in Malta? Secondly, we aren't eligible for state pension yet but when we are, is it payable in ...
At the moment 20K is fine but if you are renting beware of the price hikes that are taking place. Also, at the moment the £ is doing well against the € but it wasn't long ago that it was almost parity. Having been caught out when ... Read More
WHAT IS A REASONABLE INCOME IN MALTA by Broomie
My wife and I intend to retire in 2017. Between us we will have a pensionable income of £20,000. Isthat sufficient for two people to live on in Malta? Secondly, we aren't eligible for state pension yet but when we are, is it payable in ...
My wife has 2 of her pensions paid directly into our HSBC account and they are received on the day they are due and the exchange rate is much better than I get with my pensions paid into the UK and transferring it to Malta. There are no charges or ... Read More
HSBC Debit Card by MikeBarr
Hi I recently opened a HSBC Premier account in Malta, I don't live in Malta at the moment. I have just recieved a debit card which appears to be a Visa Electron. Are these cards any use, are the accepted throughout Europe and the USA? In the UK ...
My advice is to do a lot more research before you come to Malta. Read More
HSBC Debit Card by MikeBarr
Hi I recently opened a HSBC Premier account in Malta, I don't live in Malta at the moment. I have just recieved a debit card which appears to be a Visa Electron. Are these cards any use, are the accepted throughout Europe and the USA? In the UK ...
When we first came here it took 2 months to open an account but someone I know, recently opened an account with the HSBC in Gozo and it took 3 weeks to get an appointment and 3 weeks after the interview before the account was opened. He had to ... Read More
HSBC Debit Card by MikeBarr
Hi I recently opened a HSBC Premier account in Malta, I don't live in Malta at the moment. I have just recieved a debit card which appears to be a Visa Electron. Are these cards any use, are the accepted throughout Europe and the USA? In the UK ...
That is the ethos of HSBS: 'the local bank'. It means they operate in every country differently. Also there is a difference between their debit card (quikcash) and a Visa debit. If it is Qwikcash then many shops will not accept them because ... Read More
HSBC Debit Card by MikeBarr
Hi I recently opened a HSBC Premier account in Malta, I don't live in Malta at the moment. I have just recieved a debit card which appears to be a Visa Electron. Are these cards any use, are the accepted throughout Europe and the USA? In the UK ...
Hi Don't expect banking here to anything like the UK. HSBC is perhaps the bank here to avoid (it has been rumoured that they may close their operation in Malta in the near future) but BOV are not a lot better. We have lived here 14 years and ... Read More