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Home » The Best Countries to Live & Invest Overseas: Country Guide Hub » Europe » Malta » Gozo, Malta
Gozo is an expat destination for all. With a low cost of living and a beautiful climate, it is no wonder it is a popular expat choice in Malta.
Gozo is an expat destination for all. With a low cost of living and a beautiful climate, it is a popular expat choice in Malta.
Nowadays, Malta is a modern, First World, European nation with a long-standing, stable democracy in place.
Malta is a member of the EU, the single biggest economic bloc on the planet, and the currency used is the euro.
Reviewed By Lief Simon
Lief Simon is the managing editor of Global Property Advisor, Simon Letter, and Offshore Living Letter. He has purchased more than 45 properties, investing in 23 different countries around the world.
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Although there are no direct flights from the United States to Malta. So, traveling between the two countries is relatively straightforward.
Fly to Europe with a transatlantic carrier, such as Lufthansa, British Airways, Virgin Atlantic, or U.S. Airways, then connect to the island.
The national airline, Air Malta, serves a number of major airports around the continent. But, you can also connect from multiple European cities to Malta with low-cost airlines Ryanair, Easyjet, or Wizzair.
| Expense | Monthly Cost | Notes |
|---|---|---|
| Mortgage | N/A | Not included here as too variable. |
| Property Taxes | N/A | Malta does not charge a regular, annual property tax. |
| Transportation (bus, taxi, etc.) | 48 | Private car ownership. |
| Utilities | 77 | Electricity, water, garbage collection. |
| Cell phone | 30 | Standard package. |
| Water | 15 | |
| Internet and Cable TV | 40 | |
| Household help | 240 | Two three-hour maid visits a week. |
| Entertainment (costs for a couple). | 800 | Eating out twice a week and drinks twice a week. |
| Groceries | 290 | Basic items for a couple, with shopping trips four times a month. |
| Gym Membership | 25 | Monthly fee at a basic gym. |
| Medical appointment | 20 | Basic clinic/GP visit (without insurance). |
| Total | 1,585 |
| Expense | Monthly Cost | Notes |
|---|---|---|
| Rent | 1,000 | Two-bedroom apartment in city center. |
| Transportation (bus, taxi, etc.) | 48 | Private car ownership. |
| Utilities | 77 | Electricity, water, garbage collection. |
| Cell phone | 30 | Standard package. |
| Water | 15 | |
| Internet and Cable TV | 40 | |
| Household help | 240 | Two three-hour maid visits a week. |
| Entertainment (costs for a couple). | 800 | Eating out twice a week and drinks twice a week. |
| Groceries | 290 | Basic items for a couple, with shopping trips four times a month. |
| Gym Membership | 25 | Monthly fee at a basic gym. |
| Medical appointment | 20 | Basic clinic/GP visit (without insurance). |
| Total | 2,585 |
| Expense | Monthly Cost | Notes |
|---|---|---|
| Rent | 450 | One-bedroom outside of the city center. |
| Transportation | 25 | Monthly bus pass (Gozo only. |
| Utilities | 77 | Electricity, water, garbage collection. |
| Cell phone | 30 | Standard package. |
| Internet and Cable TV | 40 | |
| Household help | 0 | No household help. |
| Entertainment (costs for a couple). | 400 | Eating out twice a week at family restaurants, drinks twice a week at a local bar. |
| Groceries | 200 | Basic items for a couple, with shopping trips at discount stores four times a month. |
| Gym Membership | 0 | No gym membership. |
| Medical Appointment | 0 | Medical expenses not included. |
| Total | 1,222 |
Reviewed By Lief Simon
Lief Simon is the managing editor of Global Property Advisor, Simon Letter, and Offshore Living Letter. He has purchased more than 45 properties, investing in 23 different countries around the world.
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Gozo, Malta, has long been a retirement destination for Maltese seniors. These days, retirees from further afield are beginning to set up home here.
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