That’s around 25 years of the average gross salary, before taxes and any expenses. No way in hell the average Maltese can afford that.
I think it means how much a foreigner would need to retire here.
For how long is that pension meant to last?
I think the figures include buying a property too. So if someone retires at 65 and lives to 85, they’d buy a very small place for 250,000 and have over 2k a month to live on.
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That’s around 25 years of the average gross salary, before taxes and any expenses. No way in hell the average Maltese can afford that.
I think it means how much a foreigner would need to retire here.
For how long is that pension meant to last?
I think the figures include buying a property too. So if someone retires at 65 and lives to 85, they’d buy a very small place for 250,000 and have over 2k a month to live on.