Sliema, Swieqi and Naxxar top Malta rich list

Sliema, Swieqi and Naxxar are the localities with the highest number of individuals declaring an income of more than €100,000 in 2021.

The information was tabled by Finance Minister Clyde Caruana in reply to a parliamentary question by Nationalist MP Jerome Caruana Cilia.

Data shows there were 4,900 individuals who declared more than €100,000.

Sliema topped the rich list, with 526 individuals declaring an income more than €100,000, followed by Swieqi (354), Naxxar (330) and St Julian’s (294).

Isla and Għasri only had two individuals declaring an income exceeding €100,000.

Company profits

In a separate parliamentary question, the minister tabled data which showed 1,139 businesses reported a profit before tax of more than €100,000, 308 businesses reported a profit of more than €500,000, while 546 businesses reported a profit before tax of more than €1 million.