Back to News

Europe, News feed Date: 18 July, 2024

Malta Credit Rating Boosts Its Appeal as an Investment Destination

Malta Credit Rating Boosts Its Appeal as an Investment Destination

The Maltese economy has been having a good year in 2024. We’ve previously reported on the expert takes from Fitch Ratings and Morningstar DBRS. Also keeping a close eye on financial opinion is Malta’s Treasury Department who collate the Malta Credit Rating grades from across 5 leading rating agencies.

Inspecting the Malta Credit Rating Grades

Looking at the marks given out to Malta by the various rating agencies is like viewing the school report of a star pupil. A grades abound, with Malta excelling across the board. Along with the aforementioned Fitch Ratings and Morningstar DBRS, the Maltese Treasury Department share the verdicts of Moody’s, Scope, and S&P Global aka Standard & Poor’s.

We learn that Fitch’s latest Malta credit rating review dates to Friday, March 15, 2024.  In both long-term domestic and foreign currency forecasts, the country scores A+. Its overall outlook is marked stable.

Moody’s last review emanates from Tuesday, May 28, 2024. The Malta credit rating for domestic and foreign currency in the long term is A2. Again, Moody’s predict a stable outlook.

It’s A (high) from Morninstar DBRS. Their last long-term analysis of Malta’s domestic and foreign currency came on Friday, April 12, 2024. It’s another stable outlook from them too.

S&P’s latest review is the country’s most recent, with a Friday, June 7, 2024 release date. The long-term picture for domestic and foreign currency is an A- one. Standard & Poor’s also categorize the outlook for Malta as stable.

The oldest review is Scope’s, as its Friday, February 23, 2024 date of publication attests. Malta notches A+ ratings for long-term domestic and foreign currency. Completing our summary, Scope’s similarly describes Malta’s outlook as stable.

The Latitude Perspective

Ryan Darmanin is the Latitude Malta Managing Partner. He offers some sage advice to investors: “You may be looking at acquiring Maltese residency through the Malta Permanent Residence Programme (MPRP).”

“Or you could be exploring the option of Maltese citizenship through Maltese Exceptional Investor Naturalization (MEIN). Whether your focus is on MPRP or MEIN, you should be considering the wider picture.”

“If you don’t want to navigate any language barriers on your way to a new residency or second citizenship, Malta is an attractive choice because English is an official language here. This will help you and your dependents settle more comfortably should you choose to base yourself in the island group. There’s a good selection of international schools too, with Malta a family-friendly destination.”

“Entrepreneurs might want to use Malta as a business base. Its highly-acclaimed economy makes that an easier decision to take. So you should factor the Malta credit rating into consideration too, especially paying attention to the consistency of the country down the years with the latest changes dating back to 2018 at the earliest and 2022 at the latest.”

What do credit rating agencies think of Malta?

How to Invest in Maltese Residency or Citizenship in 2024

You now know what the credit rating agencies think of Malta. Should that positive appraisal make you want to take the next step towards Residency or Citizenship by Investment in Malta, you’re going to need to talk to a specialist Maltese investment migration consultancy like Latitude Group. So, don’t delay and contact us today.

Malta Credit Rating Boosts Its Appeal as an Investment Destination

Date: 18 July, 2024

Posted in: Europe, News feed