Malta

Malta

Malta
Malta
Malta
Malta
Malta
Malta

08/01/2021

03/01/2023

Malta announces Nomad Residence Programe (NRP), a resident program for Nomad

This visa can be applied not only for freelancers, but also for those who are hired by a company outside Malta and can work remotely.

The visa is valid for one year, but can be renewed every year as long as the conditions are met.

Those who can apply

  • Malta Employees of companies doing business overseas (submission of labor contracts)
  • Shareholders and partners of companies registered outside Malta
  • Freelancer (contractual support) to serve clients outside Malta
  • Monthly income of € 2,700 or more
    If you apply for family members, 20% of the wage will be added per person.

Required documents

  • Application form
  • Letter of Intent
    Clarify your motivation to move to Malta and your intention to apply for the Nomad Residence Program
    You will also need to include a list of documents to support your application.
  • A copy of all pages in your passport (including blank pages)
  • Employment contract and official tax proof
    Clarify your obligations to your employer or company and show that you are working remotely
  • Evidence of a business that owns some or all
  • Europass CV
    Educational background, work history, and signature by the applicant are required
  • Bank account proof
    From the source of the application fee, the details of the bank account in the name of the main applicant, income for the past 3 months (salary, dividend, executive compensation, rental income, profit from investment, assets, etc.)
  • Insurance contract
    Take out health insurance to cover the cost of medical services in Malta
  • Health Declaration
    Dated declaration signed by applicant for non-health insurance costs
  • Real estate rental and sales contract
  • Marriage certificate, birth certificate, etc. are required to apply for a family visa

Handwritten forms will not be accepted

Sign with blue ink

Documents must be in English, non-English documents require official translation into English
If the translation is done abroad, the translator's signature must be notarized and apostille.

Fee

Application fee: € 300, € 300 per additional family

ID card issuance fee: € 27.50

About tax payment and social security

  • Employees (employees) are exempt from tax in Malta as they are taxed on their income in the countries where they are already employed.
  • If you are self-employed and serve a company based in Malta or registered in Malta, you will need to pay taxes in Malta and apply for a self-employed residence permit.
  • No tax exemption for services to customers outside Malta for stays on Nomad Visa
  • Pensions are collected in countries that have social security tax
  • Insurance is required as medical care is not available free of charge.

Income tax (for singles)

  • €0~€9,100:0%
  • €9,101~€14,500:15%
  • €14,501~€60,000:25%
  • €60,001~:35%

Social security tax

If you live in Malta, you will be required to pay social security tax for 15% of your income.

Application flow

  • Submission of application
  • Application form examination
  • Accepted, traveled to Malta

Document review is about 30 days after receiving all the necessary documents, and it is basically an email-based exchange.

General comment

Malta has a mild climate all year round, and although it is in the EU, it is a country where English is spoken, so it is relatively easy to live.

In addition, the warm climate throughout the year, the ease of traveling to other countries, and tax exemption for services to customers outside Malta with Nomad Visa are also high points.

The only disadvantage is that it is a very small island country.

Recommended link

International remittance Wise

International remittance Wise

I recommend opening an account with Wise for remittances and exchanges

SafetyWing(Degital nomad insurance)

Degital nomad insurance

Safety Wing insurance is low price