Malta is nice if you are younger, cool party feeling like the south of Spain etc. That is very understandable.Only visited Malta, I liked it. I am from Asia. Some asian countries with territorial tax system are also in my options.
But hear what @Martin Everson said and really come up with good reasons why you do not want to go to these asian territorial tax places you where thinking about.
Do yourself a favor and save yourself from eu slavery. It is not what they portray to be.
Throwing around tax payers money as massive pr campaigns can easily misguide people not familiar with their sophisticated strategies.
Some Asian countries can stay in eu for 90 days visa free, 90 days out and again 90 days in etc. You could split your time with Montenegro for example which is quite nice as well and not in Schengen area. Get yourself a boat and you can even travel by sea between Montenegro and Malta.
Are you eligible for visa free eu travel?