GeographicalArea: Southern Europe, islands in the Mediterranean Sea, 58 miles south of Sicily (Italy), the country comprises an archipelago, with only the three largest islands (Malta, Ghawdex or Gozo, and Kemmuna or Comino) being inhabited; numerous bays provide good harbors;
Terrain and Climate: low, rocky, flat to dissected plains; many coastal cliffs Mediterranean; mild, rainy winters; hot, dry summers
Population: 403,532 (July 2008)
Ethnicity: Maltese (descendants of ancient Carthaginians and Phoenicians with strong elements of Italian and other Mediterranean stock)
Capital: Valletta
Government: Republic, based on English common law and Roman civil law; accepts compulsory ICJ jurisdiction with reservations, unicameral House of Representatives (usually 65 seats; members are elected by popular vote on the basis of proportional representation to serve five-year terms; note - additional seats are given to the party with the largest popular vote to ensure a legislative majority)
Major Languages: Maltese (official) 90.2%, English (official) 6%, multilingual 3%, other 0.8% (2005 census)
Major Religion: Roman Catholic 98%
Life Expectancy: 79.3 years
Monetary Unit: Euro (EUR) as of 1 January 2008, Maltese lira (MTL) before then
Exchange Controls and Taxation:
Stamp Tax: Stamp Duty is paid on some transactions, specifically over share transfers (at 2%), the issuing of shares (0.4% of the nominal value) and the transfer of immovable property. This is calculated at a rate of 7% for Maltese nationals, and 10% for non-residents
Main Exports: machinery and transport equipment, manufactures
Compulsory Education: 16 Years
GDP: $23,400 (2007)
Annual Growth Rate: 2.9%
Major Industry: tourism, electronics, ship building and repair, construction, food and beverages, pharmaceuticals, footwear, clothing, tobacco
Communication: Broad-spectrum evaluation: automatic system satisfies normal requirements; fixed-line telephone density 50 per 100 persons; mobile-cellular telephone density about 90 per 100 persons
Internet: .mt
International dialing code: 1 + 356
Known as “tax-haven” for qualified individuals
Number of Banks: 16Banks, HSBC is the major
Head of State:chief of state: President Edward Fenech Adami (since 4 April 2004) head of government: Prime Minister Lawrence Gonzi (since 23 March 2004) cabinet: Cabinet appointed by the president on the advice of the prime minister elections: president elected by the House of Representatives for a five-year term (eligible for a second term); election last held on 29 March 2004 (next to be held by April 2009)
Radio: AM 1, FM 18
Television: 5 (2006)
Time Zone: Local time is GMT +1 (GMT +2 between the last Sunday in March and the Saturday before the last Sunday in October) during daylight savings time
Airport: 1
Bank List
Akbank T.A.S.
APS Bank Limited
Bank of Valletta plc
BAWAG Malta Bank Ltd
Disbank Malta Limited
Erste Bank (Malta) Limited
First International Merchant Bank plc
HSBC Bank Malta plc
HSBC Home Loans (Malta) Limited
Investkredit International Bank plc
Izola Bank Limited
Lombard Bank Malta plc
Raiffeisen Malta Bank plc
Sparkasse Bank Malta plc
Turkiye Garanti Bankasi A S
Volksbank Malta Limited
Malta
Full Name: Republic of Malta
GeographicalArea: Southern Europe, islands in the Mediterranean Sea, 58 miles south of Sicily (Italy), the country comprises an archipelago, with only the three largest islands (Malta, Ghawdex or Gozo, and Kemmuna or Comino) being inhabited; numerous bays provide good harbors;
Terrain and Climate: low, rocky, flat to dissected plains; many coastal cliffs Mediterranean; mild, rainy winters; hot, dry summers
Population: 403,532 (July 2008)
Ethnicity: Maltese (descendants of ancient Carthaginians and Phoenicians with strong elements of Italian and other Mediterranean stock)
Capital: Valletta
Government: Republic, based on English common law and Roman civil law; accepts compulsory ICJ jurisdiction with reservations, unicameral House of Representatives (usually 65 seats; members are elected by popular vote on the basis of proportional representation to serve five-year terms; note - additional seats are given to the party with the largest popular vote to ensure a legislative majority)
Major Languages: Maltese (official) 90.2%, English (official) 6%, multilingual 3%, other 0.8% (2005 census)
Major Religion: Roman Catholic 98%
Life Expectancy: 79.3 years
Monetary Unit: Euro (EUR) as of 1 January 2008, Maltese lira (MTL) before then
Exchange Controls and Taxation:
Stamp Tax: Stamp Duty is paid on some transactions, specifically over share transfers (at 2%), the issuing of shares (0.4% of the nominal value) and the transfer of immovable property. This is calculated at a rate of 7% for Maltese nationals, and 10% for non-residents
Main Exports: machinery and transport equipment, manufactures
Compulsory Education: 16 Years
GDP: $23,400 (2007)
Annual Growth Rate: 2.9%
Major Industry: tourism, electronics, ship building and repair, construction, food and beverages, pharmaceuticals, footwear, clothing, tobacco
Communication: Broad-spectrum evaluation: automatic system satisfies normal requirements; fixed-line telephone density 50 per 100 persons; mobile-cellular telephone density about 90 per 100 persons
Internet: .mt
International dialing code: 1 + 356
Known as “tax-haven” for qualified individuals
Number of Banks: 16Banks, HSBC is the major
Head of State:chief of state: President Edward Fenech Adami (since 4 April 2004) head of government: Prime Minister Lawrence Gonzi (since 23 March 2004) cabinet: Cabinet appointed by the president on the advice of the prime minister elections: president elected by the House of Representatives for a five-year term (eligible for a second term); election last held on 29 March 2004 (next to be held by April 2009)
Radio: AM 1, FM 18
Television: 5 (2006)
Time Zone: Local time is GMT +1 (GMT +2 between the last Sunday in March and the Saturday before the last Sunday in October) during daylight savings time
Airport: 1
Bank List
Akbank T.A.S.
APS Bank Limited
Bank of Valletta plc
BAWAG Malta Bank Ltd
Disbank Malta Limited
Erste Bank (Malta) Limited
First International Merchant Bank plc
HSBC Bank Malta plc
HSBC Home Loans (Malta) Limited
Investkredit International Bank plc
Izola Bank Limited
Lombard Bank Malta plc
Raiffeisen Malta Bank plc
Sparkasse Bank Malta plc
Turkiye Garanti Bankasi A S
Volksbank Malta Limited
