Mastering Thinking Skills for a Successful Relocation!

Embarking on a journey whether semigrating or especially emigrating to a new country is like a rollercoaster ride – exciting (and can be scary too!), filled with twists and turns, whether in personal, family, or business contexts.
Let’s break down the relocation adventure into its basic parts: facts, feelings, smart thinking, positivity, creativity, and planning. Following the lead of Dr Edward de Bono, renowned for “Lateral Thinking” and the “Six Thinking Hats” technique, we can simplify this transition. It’s like a worldwide brain workout used by big companies and even taught in schools around the globe. Get ready to make your move with these cool thinking tools; they certainly helped me!
This is the fun part: Picture yourself putting on six different coloured “thinking hats,” each shining a light on a special aspect of the move: facts, feelings, critical thoughts, positivity, creativity, and planning. It’s like having a magic wand for making decisions! These metaphorical hats help you create a well-rounded plan, making your adventure to a new place super smooth and full of enriching experiences.
These colourful hats helped me explore my situation from different angles until I got a clearer picture of what I needed to know and do! Each hat is a different colour and represents a cool way to think: White for facts, Red for feelings, Black for caution, Yellow for positivity, Green for creativity, and Blue for planning. Imagine wearing these hats one by one—like a wizard changing hats. It’s a fun, easy, and effective way to make decisions or solve problems—try it and step into your future with confidence!
Here is an example of how we applied the Six Thinking Hats to our process of relocating to Malta, from South Africa and comparing it to Mauritius.
White Hat (Facts and Information):
– Research the economic scene, job opportunities, and market conditions in the new country.
– Explore employment rates, industry sectors, and economic stability for informed career decisions.

Red Hat (Emotions and Intuition):
– Reflect on your feelings about the move.
– Trust your gut reactions and assess emotional alignment with personal goals.

Black Hat
(Critical Thinking):

– Analyze potential challenges, like cultural differences and legal requirements.
– Identify potential pitfalls for a realistic assessment of potential hurdles.

Yellow Hat
(Positive Thinking):

– Focus on the positives of personal and career development.
– Consider how the move aligns with goals for positive life changes.

Green Hat (Creativity):
– Engage in creative thinking for innovative adaptation.
– Explore novel applications of skills and brainstorm creative solutions.

Blue Hat (Planning and Organization):
– Put on your planning hat for a structured relocation plan.
– Set clear goals, establish a timeline, and outline steps for a smooth transition.

Having crossed paths with Dr De Bono during business training and events in South Africa, I’ve applied his thinking technique for over thirty years, influencing both my professional and personal life. Little did I know that I would eventually find myself living in Malta, his birthplace.
Nestled in the Mediterranean, Malta’s vibrant nation has a rich history and diverse culture with a legacy tied to the Knights of Malta. The country was collectively awarded the George Cross in World War II, earning titles like the Nurse of the Mediterranean.

  • Cultural Richness: Malta boasts a diverse and rich cultural heritage, offering expats a unique
    blend of history, traditions, and vibrant local festivities.
  • Language Advantage: English is one of the official languages, making it easy for expats to
    communicate and navigate daily life without language barriers.
  • Stable Economy: With a robust, stable economy, Malta provides expats with opportunities for career growth and financial stability.
  • Mediterranean Lifestyle: Enjoy an island lifestyle combined with EU & UK infrastructure, with great weather, stunning landscapes, and a secure, comfortable pace of life.
  • Healthcare and Education: Malta offers high-quality healthcare services and a reputable
    education system, making it an attractive destination for families as well as postgraduate studies.
  • Strategic Location: Positioned at the crossroads of Europe, Africa, and the Middle East,
    Malta’s strategic location facilitates easy travel and exploration of neighbouring regions. Well-connected with regular commercial providers.

With 12 years of residency, I’ve leveraged my relocation experiences in Gibraltar and Mauritius and, with a partner from the UK and Isle of Man, assisting individuals and families with their relocation journeys.  Likewise keeping a sustainable South African (SAFFAS) community is important.
For information on how I can assist you please contact merle@maltalifestyle.co.za whether you are looking at prime property investments, relocation options, or setting up a business and perhaps hosting an event in Malta.

Malta’s Property Market Booms Offering Prime Investment Opportunities!

Merle of MaltaLifestyle looks at 2023 performance and the outlook for 2024.

Let’s look at 2023 first.

In 2023, Malta’s property market witnessed sustained price growth. According to globalpropertyguide.com, the residential property price index soared by 10,51% year-on-year in Q1 and 8.3% up to Q2 2023 (Q4 in 2022 reported a slow 2,71% growth). This is the second-strongest growth since Q1 2019. An uptick in demand and an attractive investment market contributed to the growth.

On the back of a slight dip in residential property transactions in the first three quarters of 2023, residential construction continued. The government’s cost-saving measures in the 2023 budget, including stamp duty waivers for first-time buyers and VAT refunds on restoration works, stimulated the property market.

2024 outlook

The outlook remains positive. Local investors are robust. International buyers and renters continue to be attracted to the favourable tax jurisdiction, low running costs, safe environment – as well as 300 days of sunshine and English-speaking community.  PLUS+ you can own property in Malta irrespective of residency – attractive for the buy-to-let market.

Government measures are expected to sustain demand and influence prices due to a short supply. Key factors influencing the market include:

  1. Low Interest Rates: Attractive interest rates make homeownership dreams a reality.
  2. Economy: Malta produced one of the EU’s strongest economic growths at 4%, driving demand for investment in this Mediterranean gem.
  3. Investment: Malta is in the investment spotlight due to a stable economy, low taxes, and quality of life, which positively impacts the property market.
  4. Incentives: Tax incentives and grants introduced in 2021/22 boosting property investment opportunities have been extended for 2024.
  5. Construction Costs: Malta may not escape the pressure on material costs and this may apply upward pressure on property prices.
  6. Supply: Limited land for development may restrict the supply of new homes, potentially driving up prices.
  7. Sustainability Focus: The government’s emphasis on sustainability is fostering demand for energy-efficient homes.
  8. Luxury Property: Growing interest in luxury properties, especially from those seeking a safe and secure environment, may drive up prices.
  9. Rental Market: This market will continue to thrive and offer investors a great return.

Merle Whale summaries: Malta’s property market is set to be a dynamic one with a variety of options and benefits for South Africans in 2024. Investors who can adapt to an evolving landscape may find exciting opportunities.

Give us a call if you’re in search of properties that offer top returns. Contact MaltaLifestyle.com at email malta@maltalifestyle.co.za or WhatsApp Merle Whale on 082 574 4661.

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