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ARTICLE · 29 APRIL 2024

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Recent Amendments To The Nomad Residence Permit

GVZH Advocates
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The Nomad Residence permit enables those global nomads who work remotely and independently of location by using telecommunications technology, to retain their employment in another country whilst residing in Malta.

MaltaMedia, Telecoms, IT, Entertainment

Outlining the Nomad Residence Permit

The Nomad Residence permit enables those global nomads who work remotely and independently of location by using telecommunications technology, to retain their employment in another country whilst residing in Malta.

This permit was launched in 2021 and is open to Third Country Nationals (TCNs). The Permit is issued on an annual basis, renewable at the discretion of Residency Malta if the applicant continues to meet the eligibility criteria for such a permit.

Introducing the April 2024 Amendments

The amendments issued by Residency Malta Agency, enforceable on the 1st of April 2024 introduce an increase in the minimum Gross Annual Income requirement and an additional increase in the maximum stay period of permit holders.

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