November 10, 2023

Malta Nomad Residence Permit

Last year, the government agency that provides residency programmes for high-earning non-EU workers estimated a revenue of €7.5 million and the previous year it was just over €10 million.

These figures emerge from the Budget estimates published last Monday.

According to its website, Residency Malta is responsible for managing “highly sought-after” residency programmes for non-EU nationals.

The agency is responsible for three residency programmes – the Nomad Residence Permit, the Malta Startup Residence Programme and the Malta Permanent Residency Programme (MPRP).

The programmes are targeted at high-earning remote workers and are different from the Maltese citizenship scheme, where applicants purchase a Maltese passport.

To apply for the MPRP, people must buy or rent property and give a direct contribution of either €58,000 if they rent a home or €28,000 if they buy.

People with a net worth of at least half a million can apply for the MPRP.