Employees accept job offers not only upon the salary provided, but also on the benefits that accompany many positions. Employee benefits are a "job perk" that may convince a potential employee to join a specific company, or may encourage them to relocate from another country to Malta. Evaluate what benefits are valuable to you when looking for a package.
Malta's relatively low tax rates are a draw in itself. Income tax rates range from 15%-35% (depending on income).
Example of benefits that may be offered:
- Company car
- Company telecommunications services (e.g. mobile phone)
- Private health insurance
- Life insurance
- Retirement contributions
Expat Benefits
To convince an employee to go abroad, there may be additional benefits to help ease the transition. The most common is an increase in salary. Other benefits may include provision of a accommodation or an accommodation allowance, coverage of moving fees, a travel allowance if you family resides abroad, and international health insurance.
Update 26/05/2013
Keep more of your money when transferring funds overseas!
If you want to move money abroad, from Malta or to Malta for example, Fexco provides efficient and secure global bank to bank transfers and bespoke payment solutions for both business and personal clients.
Why Fexco
Fexco provides a secure international money transfer service online or by telephone with bank beating fx rates and low fees. Specialises in high-value transfers.
Main characteristics
Fexco will help you to keep your overseas money transfer costs to a minimum.
| Margin | 0.6% |
|---|---|
| Regulator | FCA |
| Fee | £10 < £5K or Free > £5k |
| Mini | £1K |
| Ccy | All (130 currencies, incl ‘exotics’) |
| Services | Repatriation of funds, Property, Regular payments, High Value payments, spot, online, telephone. |
Get an online quote today
When you are ready to make your transfer, John and his team will be available to help you with better rates and an unrivalled service to make sure your funds are delivered securely and speedily.