Rent a house or a Room in Gozo, Malta
Relocation to Gozo - - How to Spend your Time and Money Wisely
Your (planned) relocation to Gozo would in my opinion be a very wise decision on your part. For what is most important for us senior citizens in retirement, quality time or money? Or health? All three are important I think and one could not exist or have any real value without the other. The 3 factors together make for a good quality of life and we thank God for letting us have just enough of them.
Marsalforn the #1 Resort of Gozo
First off, on this small Island of ours most of the people take life at an easy pace, except the greedy ones who are never satisfied with what they have. Imagine how heavenly your relocation to Gozo would feel, a radical change from a hectic life-style in one of the big cities of Europe to Gozo, the Island of Quiet. You would soon settle down and pick up the Gozitan way and live as we do and start living your Retirement more peacefully.
Relocation to Gozo - - When you come to think of it, what things can make life more easy for us? And what does one expect from a new retirement destination, his new home? In order of preference I would list peace and quiet as my number one priority.
Obviously a peaceful and quiet retirement needs above all to be free from the fear of crime and in Gozo the crime rate is still practically zero.
Secondly, I would look for a place where the cost of living is at par or lower than my home country so that I could live well on my income/pension and where the health service is good and FREE.
Thirdly I would look for a house/apartment as large and comfortable as the home that I'm leaving with an annual rent which I could well afford.
Regarding Income Tax the Malta government has drawn up double-tax agreements with about 34 foreign countries and offers very attractive rates to ex-pats at only 15%. * Read about new Regulations below.
Let's suppose that you would be living in retirement in a house in Victoria, the capital city of Gozo. The primary advantage here is that you do not even need a car. That is a saving of at least Euro 17 per day if you were to hire one. Everything is so near, within a short walking distance, the market, the clinic, the pharmacy, the bookshop and the cafes. No distances, imagine, what a blessing.
Relocation to Gozo - - Victoria although the hub of the island of Gozo is unbelievably quiet. Where I live, in the old part of the town I can still hear the cocks crowing in the early morning and the hens cackling and even a donkey braying sometimes. Funny but true. What I intend to say is that the town is still primitive in some ways and many locals especially in the villages but even in Victoria are still living in the style of long ago. Victoria is so alluring.
Only yesterday evening at about 9 o'clock I was sitting in a cafe in St. George's Square and could not help notice the table occupied by 3 elderly couples all British expatriates. They were chatting and laughing and obviously having a good time. I drew the attention of my companion to them and he agreed with me that they must be living like lords on their UK pension.
Is this Gozo or Ireland? Gozo in Winter.
I know a Swedish couple who have been living in a beautifully restored old house near me for quite some time now and I asked them how they are spending their leisurely days here in Gozo. They mentioned reading, surfing the internet, shopping and cooking, going to the beach and sitting in a cafe'. That's in Summer (May to September and often longer), cause in Winter they do country walks instead of the beach, indulge in their hobbies and take short naps in the afternoons. What a splendid and easy life!
The lady explained how she loves the sun and the weather here. It is quite the opposite of what they are accustomed to in Sweden and Norway. Even winter is magical for them in Gozo. The days are so cool and fine that they prefer to take a snack or takeaway to cooking at home she told me laughing happily.
Residing in one of the quaint villages is also very comfortable. In the villages which are still separated from each other by stretches of countryside one can choose to rent or buy a real farmhouse or small villa, call it what you like. These are usually comprised of 3 or 4 bedrooms, a swimming pool and/or a garden. Life in the villages is easy too since none of them is more than 3 miles from Victoria, the center.
In Gozo Malta there are no real distances and in most localities one can find the usual amenities - a pharmacy, supermarket, police station, restaurants, etc. The most popular villages with ex-pats are Gharb which is the remotest on the West side of the island, Xaghra in the N.East and Qala on the Eastern side overlooking the Gozo Channel. The smallest village in Gozo is Sta. Lucia only a mile or so distant from Victoria.
Relocation to Gozo - - Is it difficult moving to Gozo (Malta), I asked the nice couple.
Regarding the haulage and transportation of belongings and furniture if any, arrangements have to be made with a reliable company from the home country. They all have contacts with Maltese haulage firms who will carry your things right to your doorstep here in Gozo. In the case of this couple, they brought quite a lot of furniture. When the container arrived in Malta all the furniture was loaded on a couple of smaller transport vehicles which were capable of manouvering through the narrow streets of Victoria. It was all so easy.
As regards local Government regulations it is not at all difficult when one is renting a house or an apartment. The only requirement is signing a contract with the landlord and paying a booking fee or a small deposit when necessary, like when the contract is drawn up weeks or months prior to the actual lease.
Relocation to Gozo - - It is advisable to rent for the first year at least, so that one can get his proper bearings and grow accustomed to the area before actually buying a property in Gozo. I know of a British couple who purchased their own property within only 12 months of residing here after having looked at several options and taken their time before finally deciding.
Good Luck to them, of course.
* The Finance Minister Mr Tonio Fenech (2012) about the new residency scheme:
It is meant to attract people to come here not simply to buy property but also to contribute to the local economy.
Under the new rules, the property bought by foreigners has to be worth a minimum of €400,000, up from the previous minimum of €116,000. However this is ONLY in the case of those ex-pats who intend to apply for a PERMANENT residence permit. Permanent residents would then pay their taxes here and would be entitled to Social Services just like the locals.
According to a Notary Public to whom I have talked about the matter it is STILL possible to buy Property in Gozo and Malta at any price.
Another advantage for the buyers is that now Estate Agents expect to earn their commission ONLY from the Seller.
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In my opinion, Gozo is a grand relocation destination. Apart from the natural beauty of our Island, the superb weather conditions and the inviting blue Mediterranean, the locals are very helpful and welcoming as you may have heard.
I am here to help you with your relocation to Gozo, so do not hesitate to Contact Me with any questions that you may have.
I am Joseph here to help you. My advise is to Rent first and Buy later.
Even before renting it is best to look around a bit, to choose a locality that best suits your requirements.
Another piece of advice, if I may. Living in Victoria is always the BEST option. It enjoys the features and characteristics of the villages and You are always in the CENTRE of things.
Rent a house or a Room in Gozo, Malta