Malta amongst best places to retire
"Malta, an island with benefits"
http://www.bbc.com/capital/story/20141231-the-worlds-best-places-to-retire
Malta, one of the smallest and most densely-populated countries in the world, covers just 120 square miles and boasts a population of 400,000. With English the first language for many on this southern European island, it’s no wonder that Brits tend to flock here. More than 5,000 UK citizens live on the small island, just three hours by air from London.
British retirees here find much that they expect at home (such as UK shops and supermarkets), as well as plenty that they don't (abundant sunshine and an average annual temperature of 18 C (64 F). An added draw is the “Malta Retirement Plan,” which allows EU nationals who take up residency to enjoy income tax rate of 15%.
Malta, named after the local word for honey, holds a wider appeal as a retirement destination. The country boasts a first-rate healthcare system (ranked fifth in the world by the WHO) that is free to all citizens, as well as British residents, under a reciprocal healthcare provision with the UK. The picturesque Mediterranean island's rich history and architecture is also easily accessible.
According to website numbeo.com, the monthly rent for a three-bedroom apartment in the capital Valletta is 700 euros ($850) and a three-course meal for two at a mid-range restaurant costs just 50 euros ($60). (Thinkstock)