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Valletta is the capital city of Malta. The Valletta peninsula has two natural harbours, Marsamxett and the Grand Harbour. The Grand Harbour is Malta's major port.Malta is in the Mediterranean Sea, south of Sicily (Italy). The climate is mediterranean with mild, rainy winters and hot, dry summers.The official languages are Maltese and English. Italian is also widely spoken. The main religion is Christianity.The economy of Malta's strengths are its limestone, a favourable geographic location, and a productive labour force. Malta produces only about 20% of its food needs, has limited freshwater supplies, and has no domestic energy sources. The economy is dependent on foreign trade, manufacturing (especially electronics), tourism and financial services.The Maltese have a reputation for friendliness and a pleasant disposition. Expatriate business dress is generally formal and conservative. During summer lightweight trousers and short-sleeved shirts take the place of business suits.The security risk for expatriates in Malta is low. Risks include incidental crime, political protests, airport strikes and water shortages.The currency of Malta is the Euro (EUR). Banking is on a par with that of Western Europe and North America.Medical facilities are good, however the cost of treatment for expatriates from outside the EU can be high.The population of Valletta is 393,300 (Metro) (2019 est.), while the inflation rate (CPI) is 1.4% for Malta as at October 2019.Xpatulator Hypothetical Tax for Malta is based on the current personal income tax rates which are progressive up to 35%.