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According to the Maltese legislature, people with dual citizenship, that is people who hold citizenship in Malta and another country—they  have a right to reject their Maltese citizenship. This, however, should be done in accordance with the procedure set by the law. The subject has to declare his/her refutation and wait for approval from the Minister to register that proclamation. The Minister has the power to decline the declaration under the circumstances that Malta is at war or when the move contradicts policy.

Britain’s exit from the EU overshadowed a cloud of uncertainty over the future of many businesses and companies in several European states. This monumental event disrupted many business operations. While and Maltese businesses weren't an exception, their future is better promising compared to other EU countries. As you scout for potential relocation sites, Malta undoubtedly occupies the top of the options list. 
 

Although over the years business ownership trends have evolved significantly, there is no doubt that worldwide a significant portion of businesses is still owned by families, who pass on their business down from one generation to the next as a family legacy. Family owned businesses have significantly contributed to a sizeable portion of employment in the EU’s private sector. Recognition of family businesses as significant proprietors in the business world has been profoundly underwhelming in the EU and its member states.
 

Although over the years business ownership trends have evolved significantly, there is no doubt that worldwide a significant portion of businesses is still owned by families, who pass on their business down from one generation to the next as a family legacy. Family owned businesses have significantly contributed to a sizeable portion of employment in the EU’s private sector. Recognition of family businesses as significant proprietors in the business world has been profoundly underwhelming in the EU and its member states.
 

Malta is an ideal country of residence for an array of reasons. These range from the stable political environment, the flourishing economy as well as the Mediterranean climate and culture. The government of Malta offers numerous convenient options for those who wish to obtain residency on the island.

Malta is home to a large variety of financial institutions drawn to its competitive attributes amongst other business hubs. More and more Captive Insurance companies are establishing themselves in Malta to take advantage of the edge it gives them in European operations and on a global scale.