2024 has been a stellar year for the Maltese economy. Here at Hurst and Wills, we continually monitor financial landscapes, and Malta has caught our eye! Expert analyses from Fitch Ratings and Morningstar DBRS, among others, underscore Malta’s strong economic performance. Let’s dive into the latest credit ratings and what they mean for potential investors.
Inspecting the Malta Credit Rating Grades
Malta’s credit ratings from various agencies resemble a top student’s report card, brimming with A grades. The Maltese Treasury Department compiles ratings from five leading agencies: Fitch Ratings, Morningstar DBRS, Moody’s, Scope, and S&P Global (Standard & Poor’s).
Fitch Ratings: As of March 15, 2024, Malta received an A+ for both long-term domestic and foreign currency forecasts, with a stable outlook.
Moody’s: On May 28, 2024, Moody’s rated Malta A2 for long-term domestic and foreign currency, maintaining a stable outlook.
Morningstar DBRS: Malta earned an A (high) rating in their April 12, 2024 review, again with a stable outlook.
S&P Global: The most recent review, dated June 7, 2024, awarded Malta an A- for long-term domestic and foreign currency, with a stable outlook.
Scope: The oldest review, from February 23, 2024, saw Malta rated A+ for long-term domestic and foreign currency, with a stable outlook.
Malta’s official language is English, which eliminates language barriers for new residents or citizens. This makes Malta an attractive option for families, with a good selection of international schools and a family-friendly environment.
Entrepreneurs might find Malta an appealing business base, thanks to its highly-acclaimed economy. The consistent credit ratings over the years, with reviews dating back to 2018, further support Malta’s stability and reliability.”
Malta’s robust economy and favourable credit ratings make it a promising destination for property investment, residency, and citizenship. At Hurst and Wills, we are here to guide you through the process and help you make informed investment decisions.
Interested in learning more about the opportunities Malta has to offer? Reach out to us today at hello@hurstandwills.com for personalised advice and support from our expert team.
