Bankrupt - can I still live and work in Malta ?

[GozoDreams]

Hi

Not sure if this is the right section to put this, apologies if not.

Can anyone advise if a person who has been made bankrupt will have this held against them when applying for residency and wanting to start their own business in Malta?

Thanks in advance

[gozomark]

time for my favourite question

are you an EU citizen ?

[GozoDreams]

Hi Mark

Yes, sorry I should have said. I am EU citizen born and bred in UK. My parents moved to Nadur 5 yrs ago and myself and hubby are considering moving over too as we both love it over there. I have quite a lot of debts and unfortunately got made redundant last November. CAB are advising bankruptcy but I don't want to go down this route if it will hamper our moving to Gozo.

I should mention also that hubby is now also facing redundancy and will be getting quite a big payout hence the moving to Gozo whilst we have the opportunity.

Any opinions? thanks.

[gozomark]

sorry to hear of all your problems.

As an EU citizen, you have the right to live in Malta

http://www.britishexpat.com/expatforum/ ... hp?t=21120

Rights of EU nationals

EU nationals have the right to reside in Malta if they are exercising any of their Treaty rights as workers, self-employed persons, economically self-sufficient persons or students

you also have the right to work here - from the same link

Employment/Self-employment

EU nationals and their family members can:
o accept offers of work and seek employment in Malta;
o work (whether as an employee or in self-employment);
o set up a business

as for how bankruptcy would impact this - I'm out of my depth, and I would really recommend you speak to an accountant in Malta to confirm this (you can find plenty by googling - there is also one on the recommended suppliers forum who several on this forum have used, including myself http://www.britishexpat.com/expatforum/ ... =suppliers ).

Having said that, I doubt it would affect your residency rights - there are some allowable reasons for a state to refuse citizenship to an EU citizen, but they are very restricted - eg on the grounds of public health. Setting up a business - I'd expect any restriction to be the same for you as for a Maltese citizen in the same situation - I don't know what that would be

[gozomark]

BTW - have CAB said anything about your husband's redundancy payout, and your eligibility to declare bankruptcy ?

[GozoDreams]

Thanks for the info Mark, I will obviously make some more enquiries.

CAB didn't mention about hubby's possible redundancy but have another meeting with them the middle of next month so will discuss everything with them.

Thanks again.

[Mr Kriss]

Gozodreams,

I am also out of my depth here but you may find this link useful

http://ec.europa.eu/civiljustice/bankru ... mlt_en.htm