600.000 TOURISTS VISIT MALTA IN 2015 LOW SEASON FIRST FIVE MONTHS

600.000 TOURISTS VISIT MALTA IN 2015 LOW SEASON FIRST FIVE MONTHS

Malta’s mix of sunshine, history, culture and friendly locals helped to boost tourist numbers in May, according to figures published today.

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The number of holiday visitors to the island rose by 0.5 percent while the number of hotel nights increased by 1.5 percent.

The National Office of Statistics in Valletta said total arrivals during the first five months of 2015 amounted to 572,409 – an increase of 2.1 percent over the same period in 2014, which was already a record year for tourism.

Total nights spent went up by 1.6 percent, reaching nearly three million between January and May.

Malta Tourism Authority chief executive Paul Bugeja welcomed the figures as good news which ‘continues to consolidate Malta’s competitiveness as a tourism destination in the years to come’.

He added: ‘These results continue to confirm the trend emerging from the overall inbound tourism figures which indicate very clearly that the number of tourists choosing to stay in non-collective private accommodation is increasing at a much faster rate than in collective accommodation’.

Read more: Malta Tourism Authority

http://www.bay.com.mt/index.php/malta-news/500-tourism-boost-for-malta.html

MALTA IS NAMED ONE OF THE TOP DESTINATIONS FOR THE SUPER-RICH

MALTA IS NAMED ONE OF THE TOP DESTINATIONS FOR THE SUPER-RICH

 

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Millionaires from around the world want to move to Malta, a new survey has discovered.

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It’s claimed the lure of good schools, the ease of buying property and the ability to travel freely within the European Union means increasing numbers of the super-rich from Russia, China and India want to become citizens of Malta.

Resettlement advisers Lio Global carried out the research, which showed the USA and Singapore trailed behind Britain as the top destination for so-call ‘high-net-worth individuals’.

However, Malta ranked highly in the survey.

The main reason people apply for a second residence or citizenship is to ensure freedom of global mobility and access, as well as security and wealth protection for their families.

The majority of investors are typically looking towards the EU. Cyprus and Malta, in particular, are very popular as they offer direct citizenship without long waiting or residence periods.

‘Portugal’s Golden Residence Visa, as well as the Hungarian Residence Bond programme have also seen significant interest, as they offer investors residence in exchange for a smaller investment in comparison to Malta’.

The study revealed that more millionaires left China over the past 14 years than anywhere else.

 

http://www.bay.com.mt/index.php/top-stories/498-malta-is-named-one-of-the-top-destinations-for-the-super-rich.html