Malta Budget 2025

Malta’s economy continues to expand. The national deficit is likely to decline to 4% in 2024 and continue downwards to 2.6% by 2027 – below the EU’s 3% debt threshold. 2024 is set to see a debt-to-GDP ratio of 49.5%, with little change anticipated for 2025 at 50.1%. The first half of 2024 saw real […]

Malta: A Hub for Innovation & Startups

Malta has been ranked as the fourth-best destination for innovative startups in the European Union (EU), according to a recent survey by the Europe Startup Nations Alliance (ESNA) – an impressive achievement for the small island nation. The study evaluated 21 EU countries on eight criteria  – standards of excellence – that are essential for […]

Changes Announced for Malta’s Nomad Residence Permit

New criteria for Malta’s Nomad Residence Permit (MNRP) come into effect on the 1st of April 2024. The changes include raising the minimum annual gross income required and increasing the maximum stay period. The minimum income now required increases by €9,600 per year, making the annual minimum income required, €42,000 per year. To be eligible for […]

Malta Nomad Residence Permit: An Overview

The Malta Nomad Residence Permit (MNRP), offers third country nationals, who can work remotely, the opportunity to reside in Malta for up to one year.     Launched in 2021, the Malta Nomad Residence Permit is governed by the Residence Malta Agency and aims to attract digital nomads who can work irrespective of their physical location. Applicants […]

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