The Happiness of Wealth – And Why Malta is a Perfect Example
At Maltalifestyle, we work very closely with ultra-wealthy and high-net individuals. This access has, over the years, opened our eyes to certain traits and patterns that appear as a common denominator among them.
No, this is not the consensus about deep pockets and fat bank accounts, or the misrepresentation of the wealthy as greedy people; it is rather about freedom, great memories and the ability to choose the right environment to maximise one’s potential. Happiness is the undeniable denominator, and true happiness stems from genuine alignment of true priorities with the feeling of contentment based on the choices made.
Put succinctly, it all boils down to choices backed by financial capability, and below is how it all adds up:
Money Buys Geographic Freedom
True financial freedom is about having the money to live anywhere. This is where Malta stands out and keeps drawing people in. Many from around the globe are choosing Malta because it colours their freedom with a combination of Mediterranean climate, with close connectivity to Europe and the rest of the world. Clear access cannot be any more open than this. With English as one of its two official languages, which cuts down on bureaucracy, Malta’s positioning is solidified as a direct access to the markets that matter most to businessmen.
Malta is not just a sunny island. Choosing the Island as a home means living in a politically stable environment, and when you add in its global air links, its position on the African plate, you see why happiness survives here.
Geographic freedom brings other freedoms which are an added benefit especially when dealing with taxes. Tax laws are pretty straightforward with not hidden taxes such as counsel fees, inheritance and so forth. This is another added value to be considered when choosing freedom.
Build Lasting Memories and Be Time Rich
Wealth is measured in time. In most big cities, time disappears in traffic and long hours of travel and the true cost? Productive hours of work and stolen moments with loved ones.
Malta flips the coin, bringing people closer, enhancing efficiency, giving you enough time to live life on time, while committing to the little things that matter, like sailing trips and seaside walks, village feasts and evenings on the harbour.
The happily wealthy would tell you that making money can never be fulfilling when you are not making time, because wealth means time well spent and memories that last.
Choosing Lifestyle Matters
Happiness is freedom, knowing it’s time to break free. Alas, big cities lock wealthy families in a treadmill of heavy taxation, until they are neck deep and haemorrhaging money.
Malta creates a space to grow and nurture wealth with its favourable tax environment, highly beneficial residency and citizenship programmes, making it impossible to lose sight of what actually matters – quality of life.
Safety is an alien concept in some countries and it is refreshing that Malta is a place where you don’t have to fear for your life. It is heartwarming to see young children walking to school, or going to their football training alone. Not to mention the elderly who form a central part of the community. To date, one can see them sitting on chairs chatting with their friends; a custom that is very much alive in the villages.
Live Life now
Wealth does not mean life running at full speed. Hitting the pause or reset button can sometimes be difficult, especially when living in a fast-paced environment. Ambitious people living in Malta are able to appreciate and live the present, and this is the kind of rhythm that attracts entrepreneurs and investors who want to go at a comfortable pace. They want innovation and execution in an environment that fuels both work and life.
Be Wise: What to Choose Helps You Understand What You Want
Most wealthy people measure their wealth through three factors: freedom, security and happiness. The ultra-wealthy choose a location that can offer all three combined. Malta offers 300 days of sunshine, rich culture, proper healthcare and tax advantages. This is exactly the kind of balance that makes one relax and enjoy the happiness of wealth.
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