Invest in Gozo

Unlock the potential, embrace the good life

Invest in Gozo

Unlock the potential, embrace the good life

Invest in Gozo

Unlock the potential, embrace the good life

Invest in Gozo

Unlock the potential, embrace the good life

Getting to Gozo

Gozo at a Glance

Facilities in Gozo

Gozo Your First Choice for an Exceptional Quality of Life

Are you looking to develop your business or professional career internationally, whilst still enjoying a superior quality of life with the ability to shape your personal and professional life the way you want it? Then, we think that Gozo can definitely be the best solution for you.

The Island of Gozo is the second largest Island of the Maltese Archipelago. Being a multicultural small island in the Mediterranean, Gozo offers an inimitable place where one can live and work.

The Island’s focus on family values, translates into most individuals enjoying an unparalleled work life balance, which enables them to spend good time with their families and friends, whilst still being able to effectively manage and progress in their personal career development. It is no wonder that the Island of Gozo has been renowned as the island of “Joy”.

Supporting Knowledge Based Sectors in Gozo Scheme

Supporting Knowledge Based Sectors in Gozo Scheme

Scheme provides for a partial salary reimbursement of up to €8,000 per annum for a period of 3 years (for a total grant of up to a maximum of €24,000) and for a partial reimbursement of training costs of up to €1,500 per annum for a period of 3 years for each employee working within specific knowledge-intensive economic sectors based in Gozo.

Why Choose the Maltese Islands?

  • Stable economic outlook
  • Strong corporate regulatory structure
  • Attractive and transparent tax system
  • Access to the EU single market
  • Excellent business support schemes
  • A safe and secure island
  • Exceptional quality of life

Gozo at a Glance

Population

As at December 2021 Malta had 519,000 inhabitants, out of which 39,000 were inhabitants in Gozo. These figures were published following a population census carried out between October and November 2021.

EU Member State

On 1 May 2004 Malta became an EU member state following its accession to the European Union.

Official Language

Malta has two official languages being Maltese and English. Most of the population is bilingual however, it is a common occurrence to find persons who can speak other languages as well. English is the pre-dominant language used in business.

Climate

The Maltese Islands boost over 300 days a year of sunshine. Malta’s typical Mediterranean climate offers hot and dry weather in summer and a mild and wet weather during the winter season.

Average Temperature

Average temperatures in Malta range between 32 °C in summer to 15 °C in winter

Currency

Euro is the official currency in Malta. Following accession to the European Union, on 1 January 2008 Malta joined the Eurozone and changed its official currency to Euro.

Location

Malta is situated in the centre of the Mediterranean. The geographical locations of the Maltese Islands are 35 ° 50’ N 14 ° 3’5 E.

Share of Expats in Gozo

The 2021 population census revealed that the share of expats living in Gozo amounted to 19.5% of the total population in Gozo. As at the end of 2020 the share of foreigners working in Gozo amounted to around 21% of the total number of persons employed in Gozo.

Diversified economy

In 2020, Gozo recorded a gross domestic product (GDP) of EUR 559.9 million, which represents a contribution of 4.3% to the overall GDP of the Maltese Islands. The Island of Gozo offers a diversified economy which enables a varied portfolio of investment opportunities.

Incentive Schemes

Supporting Knowledge Based Sectors in Gozo Scheme

by | Mar 21, 2024 | Employment Aid,Gozo Specific Incentives | 0 Comments

Scheme provides for a partial salary reimbursement of up to €8,000 per annum for a period of 3 years (for a total grant of up to a maximum of €24,000) and for a partial reimbursement of training costs of up to €1,500 per annum for a period of 3 years for each employee working within specific knowledge-intensive economic sectors based in Gozo.

Supporting Sustainable Quality Employment in Gozo Scheme

by | Mar 20, 2024 | Employment Aid,Gozo Specific Incentives | 0 Comments

Scheme offers a partial salary reimbursement to Gozo-based employers, spread over 3 years for full-time indefinite employment. Eligible staff includes newly hired staff or those continuously employed after 1st January 2018, whose employer benefited from the full 3-year cycle under the previous Gozo Employment Refund Scheme or Gozo Back-Office Employment Refund Scheme.

Restoring and upgrading venues with the capacity to host MICE events in Gozo

by | Oct 25, 2023 | Gozo Specific Incentives,Tourism & Hospitality | 0 Comments

Scheme assists Voluntary Sector Organizations or Private Business entities in restoring and upgrading their venue facilities to bolster their capacity for hosting high-quality MICE activities. Under this scheme, aid is provided in the form of a financial reimbursement covering 50% of eligible expenses incurred, with a ceiling set at EUR 50,000.

Supporting the adventurous Tourism Industry in Gozo through hiring equipment refund scheme

by | Oct 25, 2023 | Gozo Specific Incentives,Tourism & Hospitality | 0 Comments

Assists adventurous tourism operators in investing in eco-friendly and zero-emissions equipment for hire thereby modernising while also increasing their service offering capacity. Aid granted cover up to 50% of the costs incurred on the purchase of eligible equipment, capped at €5,000.

Supporting Marketing Initiatives for the Accommodation Sector in Gozo

by | Oct 25, 2023 | Gozo Specific Incentives,Tourism & Hospitality | 0 Comments

Supports accommodation operators in Gozo to promote the island as a holiday destination through digital marketing through a reimbursement of up to 65% of the eligible expenditure, capped at €8,000. Eligible operators must invest a minimum of €5,500 including the grant and the content marketing plan developed should cover between 6 to 12 months.

Gozo Telework Scheme

by | Oct 25, 2023 | Employment Aid,Gozo Specific Incentives | 0 Comments

Scheme assists employers, based or having business premises in Malta, to offer their Gozitan resident employees the facility to work from home. Aid represents a financial grant of up to €10,000 per employee, spread over 3 years, paid proportionately on the number of telework days granted. The Scheme also offers a one-off financial granted related to the Technological and Capital Investment.

Contact us

Contact

Address

Ministry for Gozo & Planning,
Tourism & Economic Development Directorate,
St. Francis Square.
Victoria, Gozo – Malta
VCT 1335

Get in touch