Moving to Malta with Four Kids on a 2500 Euro Monthly Salary: A Feasibility Study

Introduction

Malta is a beautiful island nation with a rich cultural heritage and a thriving economy. However, for individuals and families considering a move to Malta, especially those with children, finding the right balance between financial feasibility and the quality of life is crucial. This article aims to explore the feasibility of moving to Malta with four kids on a monthly salary of 2500 euros, dissecting the various cost factors involved, including housing, education, and living expenses.

Cost of Living in Malta

Malta is known for its high standard of living, but this comes with significant financial costs. A family of four, particularly with young children, faces a range of expenses:

Housing

Accommodation is one of the most expensive monthly costs. A three-bedroom apartment in a good area might cost around 900 euros per month on a long-term contract. For those considering purchasing a house, the costs will be even higher, ranging from 1000 to 1500 euros per month. Renting a house with multiple bedrooms for four kids and their parents can easily consume nearly half of the income.

Education

Education in Malta is an essential aspect of moving a family there. There are both public and private schooling options, each with their own unique costs:

Public Schools

Public schools in Malta are officially free. However, additional expenses may include uniforms, books, stationary, and school transport. These costs can be manageable, but they still require careful budgeting. If you are opting for public schools, the monthly expenses might add up to around 200 to 300 euros per child, depending on the school and the number of children.

Private Schools

If you prefer private schools, the costs are significantly higher. After-school activities, extracurriculars, and monthly fees can easily push the expenses to 1000 to 1500 euros per child per month. For a family of four, this could quickly deplete the monthly salary, leaving little room for other essential expenses.

Food and Miscellaneous Expenses

Food and general living expenses also play a significant role. Given the high cost of living, importing sufficient food and maintaining a balanced diet can be challenging and expensive. Additionally, other miscellaneous expenses such as entertainment, healthcare, and other incidentals can add to the monthly budget.

Raising Kids in Malta

Malta is a multicultural and densely populated country. Depending on your origin and cultural background, you may find it challenging to raise your children in line with the traditional values and practices of your home culture. The high population density and cultural mix may affect the overall safety and well-being of your children.

Eligibility and Work Contract

Another critical factor to consider is the eligibility to bring your family to Malta with your salary. Not all jobs and contract types will allow you to bring your spouse and children. You need to check if the job offer includes the right paperwork and support to facilitate the relocation and accommodation of your family.

Conclusion

While moving to Malta with four kids on a 2500 euro monthly salary is doable, it requires careful planning and financial management. Balancing the costs of housing, education, and living expenses is crucial. If you are willing to compromise on the quality of schooling and navigate the high costs of living, it may be feasible. However, for those with higher aspirations for their children's education, the financial strain could be significant.