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An English-Speaking Offshore Haven

by Lief Simon
Jun 29, 2026
in Health Care
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Aerial view of Lady of Mount Carmel church, St.Paul's Cathedral in Valletta city, Malta.

Adobestock/aapsky

Malta has always intrigued me…

Thanks to its central location in the Mediterranean, this little island nation has a complicated history.

Political map showing Tunisia and the central Mediterranean, including Sicily, Malta, Libya, and the Strait of Sicily.

Over the centuries, every regional power has wanted to control the islands of Malta… from the Phoenicians in the seventh century B.C. to Carthage, Rome, the Vandals, the Byzantines, the Ottoman, and, most recently, the Germans and the Italians in World War II.

Malta remains a sought-after destination, though no longer among those who would try to rule it.

Aerial view of Valletta, Malta, showcasing the historic waterfront, fortified walls, and the city's iconic domed skyline along the Mediterranean Sea.

Today Malta, part of the European Union, is an offshore haven, an interesting choice for someone looking to establish residency, set up a corporation, open a bank account, and pay no or little local tax, all in a country where English is one of the official languages.

The Maltese archipelago (made up of three main islands) is one of Europe’s smallest countries but it has a lot to offer. Its rugged coastline boasts dramatic cliffs and tiny coves dotted with ancient forts and quaint fishing harbors.

Inland, walls of coffee froth dry stone separate fields cut into strips of olives, wheat, and potatoes. Wine production is also popular and vines hang heavy with grapes all over the island.

Malta’s Mediterranean location means its scenery changes dramatically over the course of the year. The islands enjoy a daily average of around 12 hours of sunshine in summer going down to five to six hours in midwinter. It makes for a landscape that switches from green and verdant to dry and parched in the height of the summer.

The Maltese language, Malti, is thought to derive from the language of the ancient Phoenicians who arrived in Malta in 750 B.C. Peppered with many foreign words, particularly English, Italian, and Arabic, it has been a source of fascination for linguists and historians for many years in that it is the only Semitic language written in Latin characters.

English, however, is also an official language and is widely and fluently spoken. The level of English fluency among the population is remarkable—literally everyone is fluent. And it’s not just used in casual conversation—business, banking, and legal affairs are all conducted in English.

Although steeped in history, Malta is very much a modern European nation. The standard of education in Malta is high and its people are industrious and outward looking.

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Another big positive for anyone planning on spending time here is that Malta has a fantastic standard of medical care. The island is home to a number of state-of-the-art public and private facilities with highly-trained staff who are all fluent in English.

While health care coverage normally comes as a residency requirement for foreigners, you can expect to pay considerably less than you would in the United States.

U.S. and Canadian citizens are automatically granted a 90-day tourist visa when entering Malta. For longer stays, there are a number of residency and citizenship options on offer…

Stay diversified, 

Lief Simon signature

Lief Simon
Editor, Simon Letter

Lief Simon

Lief Simon

Lief Simon has lived and worked in 7 countries on 5 continents and traveled to more than 75 countries. His real estate investment career began with a $5,000 down payment on a three-flat building in Chicago. Less than three years later, Lief sold the building for a leveraged return of 3,000%—$150,000 in profit after closing costs and commissions.

From there, he turned his attention overseas and has bought property in 24 countries including France, Croatia, Portugal, Ireland, Belize, Spain, Argentina, Cyprus, Romania, and beyond. Thanks to his decades-long career as a global property investor, Lief has built a multi-million-dollar portfolio that includes rental properties, significant land holdings, and 7 personal residences.

Lief has established residency in 3 countries and acquired a second passport from Ireland.

In 2008 Lief and wife Kathleen Peddicord made the most important investment of their lives—a 215-acre oceanside finca, known as Los Islotes. There, on Panama’s largely undiscovered Veraguas coast, they’ve installed underground electricity, water, and internet and built a forever family home that sits at the heart of their ultimate vision: a gold standard private residential community for those in search of a true safe haven escape.

Lief’s latest book, “Cowboy Millionaire—The New American Pioneer,” collects all the wisdom he has learned in three decades of living and investing outside America.

He offers advice on international diversification in his twice-weekly Offshore Living Letter and monthly Simon Letter dispatches. For real estate investment opportunities, check out his monthly Global Property Advisor service.

If you’d like to meet Lief in person, join him for one of our upcoming in-country conferences. You’ll find further details here.

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