The Nomad Residence Permit (NRP) has been officially launched on the 2nd of June 2021, as announced by the Parliamentary Secretary for Citizenship and Communities.
This residency scheme will be regulated by the Residency Malta Agency, the government entity also responsible for managing and promoting the Malta Permanent Residency Programme (MPRP).
The Malta NRP seeks to offer third country nationals the opportunity to legally reside and work remotely from Malta while maintaining their employment abroad.
Malta is already welcoming digital nomads from the EU and has now opened its borders to third country nationals who generally would require a visa to travel to Malta.
The main eligibility criteria for the Nomad Residence Permit are the following:
• Applicants must be third country nationals and prove that they can work remotely;
• Be employed and have an employment contract registered with an employer in a foreign country; OR
• conduct business activities for a company registered in a foreign country and of which applicant is partner/shareholder; OR
• offer freelance or consulting services, mostly to clients whose permanent establishments are in a foreign country, and with whom the applicant has contracts.
In addition to the above, the applicant must also:
• receive a monthly income threshold of €2,700 gross of tax;
• have a valid travel document;
• be in possession of a health insurance covering all risks in Malta;
• hold a valid property rental or purchase agreement;
• pass a background verification check;
• pay a non-refundable administrative fee of €300 per applicant/dependant.
Additional family members may also be eligible providing that they satisfy the eligibility criteria as stipulated by the Agency Policy. For the purpose of NRP, family members are defined as: the spouse of the applicant in a monogamous marriage or in another relationship having the same or a similar status to marriage; a minor or an adult child, including an adopted child of the applicant or of his spouse/partner. Adult children must prove to the satisfaction of the Agency that at the time of application is principally dependants on the main applicant.
The applications are expected to be processed within 30 days from submission of the required documents and the applicable administrative fee. In the event of a successful application and background checks on the applicants, the Agency will issue an approval letter whereby the applicants are invited to visit Malta.
The residence permit issued under this scheme is valid has a validity of one year. Applicants who intend to spend only 180 days in Malta will be issued with a National Visa. At the discretion of the Residency Malta Agency, the permit can be renewed, as long as the applicant continues to meet the eligibility criteria.
For further information about Malta’s residence programmes, please contact us.