When buying a yacht, one of the most vital factors is deciding on where you wish to register her. In this regard, the Maltese ship registry is considered to be one of the largest registries in Europe and is currently the sixth-largest registry in the world. This success has not materialised by chance, rather, it has been accomplished by means of constant efforts made towards the development, growth, and regulation of the yachting industry in Malta over the past decade.
The Maltese Flag is today considered a flag of excellence and one of the most prestigious flags a yacht may fly. This incredibly positive reputation boils down to the relevant authorities’ relentless efforts to foster the growth of this vital industry on the Maltese islands. The local industry’s success may be attributable to various factors which together have undoubtedly paved the way for the continued increase of yachts registering under the Malta flag. In this regard, a number of advantages of flying the Maltese flag are listed below: