Who becomes a legitimate âeconomic migrantâ in Malta?
If you are a business owner, remote worker, or self-employed providing consultancy services to international clients, the doors of the Maltese Islands are open for so-called digital nomads.
The country, which sells citizenship to the global elite for 1.1 million euros, now grants third-country nationals a one-year residence permit – dubbed the “nomadic residence permit” – to work remotely from home. Malta for 300 â¬.
âThis initiative will see Malta jump on the bandwagon of increased demand for remote work globally, as the pandemic has shifted targets and new trends are set. People who can work remotely using technology and entrepreneurs who have a desire to travel and experience new countries and cultures are welcome in Malta, âsaid Parliamentary Secretary for Citizenship Alex Muscat.
Muscat boasted of Malta’s mild climate, English-speaking workforce, rich history and excellent healthcare, and explained the rationale behind the new residence permit for non-itinerant nationals. Europeans seeking easy access to the euro zone: âThe new nomadic residence permit is yet another initiative taken to attract foreign consumption to Malta.
Beaten down by the COVID-19 pandemic and now fearing a summer in which irregular immigration from Libya could put renewed pressure on the army’s rescue services, Residency Malta CEO Charles Mizzi said a wild note on the ânomadsâ.
âIf there are any lessons to be learned from the pandemic, it’s that people are ready to move more than ever,â Mizzi said. âEarly to recognize the signs, Residency Malta launched this new permit which allows digital nomads to come to Malta and work here, while enjoying all the benefits Malta offers to foreigners. The process is straightforward and we promise efficient service that discerning nomads expect.
Anton Sevasta, CEO of Identity Malta Agency, said: âThe new visa service for nomadic applicants is part of the new Premium visa service that Identity Malta Agency will launch in the coming weeks. The service is a door-to-door option for highly skilled professionals to streamline the process without compromising the due diligence process.