Cyprus and Malta share similarities in terms of being Mediterranean island nations with a history of colonization and cultural influence from various civilizations, but they also have distinct differences in language, religion, and political systems.
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Cyprus and Malta share similarities in terms of being Mediterranean island nations with a history of colonization and cultural influence from various civilizations, but they also have distinct differences in language, religion, and political systems. According to the World Bank, Cyprus has a population of 1.21 million, while Malta has a population of 514,564. The official languages of Cyprus are Greek and Turkish, whereas Malta’s official languages are Maltese and English. In terms of religion, Cyprus is mainly Greek Orthodox, with a minority Muslim population, while Malta is predominantly Roman Catholic. Cyprus uses a presidential representative democratic republic government system, while Malta has a parliamentary representative democratic republic government system.
According to a report by the European Commission, both Cyprus and Malta are popular tourist destinations. In 2019, Cyprus had over 3 million tourist arrivals, with the majority coming from the United Kingdom, while Malta had over 2.7 million tourist arrivals, with the majority coming from Germany.
A quote from Michelle Muscat, former First Lady of Malta, summarizes the unique beauty of Malta: “There is something almost mystical about Malta, particularly the peacefulness of the sea that surrounds us. The stark contrast between our crystal-clear waters and the rugged landscape of our island is something that few other Mediterranean countries offer.”
Here is a table summarizing some of the similarities and differences between Cyprus and Malta:
| Cyprus | Malta | |
|---|---|---|
| Location | Eastern Mediterranean | Southern Mediterranean |
| Population | 1.21 million | 514,564 |
| Official Languages | Greek, Turkish | Maltese, English |
| Religion | Greek Orthodox, Muslim minority | Roman Catholic |
| Government system | Presidential representative democratic republic | Parliamentary representative democratic republic |
| Popular tourist destinations | Yes | Yes |
Overall, while Cyprus and Malta share some similarities due to their location and history, their unique language, religion, and government systems set them apart from one another.
See a related video
The video highlights the differences between Malta and Cyprus in terms of corporate taxes, dividend taxes, business incorporation, accounting, and general business benefits. Malta’s corporate tax is officially 35%, but after two years, a refund ranging from 30% to 35% is given on non-Malta income, making its effective corporate taxation between zero to 5%. However, its complex holding structure makes it unsustainable for most situations. Cyprus has a clear tax system, making it better for businesses. Dividend tax is zero in Cyprus, but 2.65% NHS contribution is required on each dividend, while Malta’s ranges from zero to 35%. Cyprus is cheaper and easier for incorporation and accounting. Malta is better for gambling, whereas Cyprus is ideal for Forex and brokerages. Staying for at least 183 days a year can enable one to achieve zero percent dividend tax status in Malta, while only 60 days are required in Cyprus. Overall, the choice of location depends on the type of business and how long one plans to stay in the country each year, among other factors.
Other options for answering your question
Malta and Cyprus are two scenic islands in the Mediterranean that attract millions of tourists annually for their fair weather and sea views. Both islands are similar not only in terms of the Mediterranean lifestyle, but also for the tax advantages they offer to emigrants.
Malta and Cyprus are two scenic islands in the Mediterranean that attract millions of tourists annually for their fair weather and sea views. Both islands are similar not only in terms of the Mediterranean lifestyle, but also for the tax advantages they offer to emigrants.
Malta is represented to Cyprus through its accredited embassy in Athens (Greece). The political relations are close due to similarities between the 2 countries (historical, economical and regional). They are the two island countries of the Mediterranean Sea. By May 2004, the two island countries entered the European Union.
As small islands, Malta and Cyprus share similar economies: both have limited natural resources, making them strongly import-dependent – especially in goods and energy. This makes them more vulnerable to external shocks, such as oil price hikes.
Malta and Cyprus have similar legislation regarding taxation, which means that the tax system of both countries is based on residency instead of citizenship. To be a fiscal resident of either state, an individual will need to reside in the country for at least 183 days a year.
You will probably be interested
What do Malta and Cyprus have in common?
The reply will be: The two countries share membership of the European Union, Commonwealth of Nations and historically, the Non-Aligned Movement. Cyprus is represented to Malta through its accredited embassy in Rome (Italy).
Similarly one may ask, What country is most similar to Malta?
In reply to that: As small islands, Malta and Cyprus share similar economies: both have limited natural resources, making them strongly import-dependent – especially in goods and energy. This makes them more vulnerable to external shocks, such as oil price hikes.
Secondly, Which is better Malta or Cyprus?
Response to this: Malta has 1,414 places to choose from, whereas Cyprus has a staggering 5,400! If you love a little bit of luxury, you’ll find five-star properties in both places, with 17 in Malta and 142 in Cyprus. Both countries have beach-front properties to choose from, but Cyprus has far more.
Herein, Is it hotter in Malta or Cyprus?
The response is: The average annual temperate along the coast of Cyprus is around 24 Degrees Celsius during the day, and a lovely and mild 13 degrees during the night. Malta averages about the same as Cyprus, reaching peak heat in July and August with a blistering 31 degrees.
In this manner, What is the difference between Cyprus and Malta?
As a response to this: The two countries share membership of the European Union, Commonwealth of Nations and historically, the Non-Aligned Movement. Cyprus is represented to Malta through its accredited embassy in Rome ( Italy ). Malta is represented to Cyprus through its accredited embassy in Athens ( Greece ).
Besides, What are Cyprus–Maltese relations?
The answer is: Cypriot–Maltese relations are foreign relations between Cyprus and Malta. The two countries share membership of the European Union, Commonwealth of Nations and historically, the Non-Aligned Movement. Cyprus is represented to Malta through its accredited embassy in Rome ( Italy ).
In this way, Are food prices in Malta and Cyprus similar to Germany?
In both Malta and Cyprus, food prices are relatively high compared to Germany. Hardly surprising when you consider that the majority of food is imported from European countries, such as Germany and France, and the UK. In our comparison, Malta gets a point here, because the cost of living is a little lower.
Herein, Why are Cyprus and Malta so important? The strategic geographical importance of both Cyprus and Malta made them ripe to be fought over by warring empires from the Assyrians to the Romans. As such, both have rich histories. Cyprus is a divided island, but visitors are free to explore both sides.
Beside this, Are Cyprus and Malta the same island?
The answer is: Malta and Cyprus are two scenic islands in the Mediterranean that attract millions of tourists annually for their fair weather and sea views. Both islands are similar not only in terms of the Mediterranean lifestyle, but also for the tax advantages they offer to emigrants. But where do the supposedly twin islands of Cyprus and Malta differ?
What are Cyprus–Maltese relations?
As a response to this: Cypriot–Maltese relations are foreign relations between Cyprus and Malta. The two countries share membership of the European Union, Commonwealth of Nations and historically, the Non-Aligned Movement. Cyprus is represented to Malta through its accredited embassy in Rome ( Italy ).
Also asked, Are food prices in Malta and Cyprus similar to Germany?
The answer is: In both Malta and Cyprus, food prices are relatively high compared to Germany. Hardly surprising when you consider that the majority of food is imported from European countries, such as Germany and France, and the UK. In our comparison, Malta gets a point here, because the cost of living is a little lower.
What is the climate like in Cyprus & Malta?
The response is: The average annual temperate along the coast of Cyprus is around 24 Degrees Celsius during the day, and a lovely and mild 13 degrees during the night. Malta averages about the same as Cyprus, reaching peak heat in July and August with a blistering 31 degrees. If you’re after a way out of the heat while there though, Cyprus has the better options.