Yesterday, 2nd June 2021, the Maltese Government has just launched a new residence permit – Nomad Residence Permit – aimed to attract digital nomads and remote workers. Future holders of Nomad Residence Permits would be able to retain their current employment originating in their country of residence, whilst having the right to legally reside in Malta and work remotely.
To qualify, candidates (third-country nationals) must demonstrate that they are hired to work remotely by a firm headquartered abroad, that they manage their own business, or that they provide freelancing or consultancy services to clients based abroad. Moreover, an applicant must reach a monthly income threshold of EUR 2,700 gross of tax.
An example of how this will work is an American national, working remotely, paying his taxes in the U.S however, residing in Malta. The applicant will not be required to pay tax in Malta.
A Nomad Residence Permit will be issued for one year and can be renewed if the applicant still meets the set eligibility criteria.
Third-country nationals who require a Visa to enter Malta may apply for a Premium Visa offered by Identity Malta Agency. Successful applicants may be issued with a National Visa valid for 90 days – 180 days, depending on their intention of the duration of stay. On the other hand, third-country nationals who do not require a Visa to enter Malta may proceed to Malta immediately after receiving an approval letter from Residency Malta Agency.
Malta is the perfect place for digital nomads to settle in, and this due to Malta’s warm climate, flight connectivity, strong technological infrastructure, English being a national language, and excellent health care services.
Further information and eligibility guidelines can be found on the programme page. For a personalised solution based on your circumstances, we recommend seeking professional assistance.
SMM Immigration department
SMM Immigration team focuses on delivering quality advice and assistance on various immigration-related matters. Book a face-to-face or online consultation by filling in the contact form or call +356 2123 7167 for immediate assistance.