Malta has redefined the concept of residency-by-investment with a programme that offers not only offers added value in terms of benefits, but also efficiency via a straightforward and transparent application process and requirements, Thanks to updated financial criteria and an even more streamlined application process, the Malta Permanent Residence Programme (MPRP) now stands as one of the most accessible and attractive gateways to a secure future in Europe.
Malta, a European island nation in the Mediterranean Sea, has long been a magnet for digital expats, evolving into a multicultural, cosmopolitan country shaped by global mobility. With remote work on the rise and millions embracing more flexible lifestyles, Malta’s Nomad Residence Permit invites non-EU nationals to call its shores home.
Offering a unique blend of work and leisure among an English-speaking population, Malta provides year-round warm weather, sandy beaches, and crystal-clear waters — an ideal backdrop for both productivity and relaxation. The Nomad Residence Permit allows digital nomads and remote workers to live in Malta for an initial one-year period, renewable yearly, up to a total stay of four years.
To qualify, applicants must meet specific criteria: hold a valid passport, work remotely, earn a minimum of €42,000 gross annually, secure accommodation in Malta, and have health insurance coverage.
The permit offers numerous benefits, providing a gateway to Malta’s rich culture, history, and natural beauty, while also connecting nomads with a global network of like-minded professionals and entrepreneurs who have made Malta their home.
Malta offers a range of residency options for non-EU nationals, from families seeking permanent residence to entrepreneurs and digital nomads. In this interview, Jonathan Cardona, CEO of Residency Malta, highlights the unique features of these programmes, the rigorous due diligence process, and Malta’s ongoing appeal in the global residency market.
In this interview with David Power, the accomplished CEO of BNF Bank, we gain insights into his transformative leadership journey. With a distinguished career spanning global financial hubs, David has steered BNF Bank to new heights.
New European Economy:What can you tell us about the achievement of third-country branch authorization in the UK? Why is this such a significant and positive development for BNF Bank and its clients?
David Power: BNF Bank has actively operated in the United Kingdom through its London branch since 2019. In November 2023, we obtained approval to operate a third-country branch authorized by the Prudential Regulation Authority (PRA) within the Bank of England, with the consent of the Financial Conduct Authority (FCA).
Malta has recently launched a residency programme for highly innovative startup and scale up ventures. Non-EU founders who would like to use Malta as their launch pad for their new business, from its strategic location in Europe, now have a viable relocation opportunity, designed specifically for this purpose. CEO Insight spoke to Charles Mizzi, Chief Executive Officer of Residency Malta, the government agency which administers the Programme, to find out about what opportunities await entrepreneurs willing to move.
CEO Insight: What is the purpose behind launching the Malta Startup Residence Programme? What will it serve to add to Malta’s existing programme portfolio?
Charles Mizzi: This new Programme is intended to attract more highly innovative startup businesses to our shores, thereby adding to the country’s existing startup ecosystem while attracting skills and talent and boosting our local economy. This 3+5-year residency programme is specifically designed for non-EU entrepreneurs with highly innovative startups with the aim is to facilitate the immigration process so that founders can fully focus on growing their business, rather than having the strain to renew their residency permits annually. We understand that the first three years are crucial for startups, and this programme helps founders to focus entirely on their operations from a comfortable location. As with all the programmes Residency Malta offers, we are after quality applicants who have viable business projects with disruptive products or services
Malta is inviting non-EU entrepreneurs to launch their new ventures, or scale up their existing ones, using Malta as their base. The new Malta Startup Residence Programme is intended for third country nationals who are willing to use Malta’s attractive and lucrative startup ecosystem for their highly innovative startup or scale-up venture.
The future is digital, and as a country that propels its economy forward by looking beyond the horizon, Malta has been among the first European countries to invest its talent and resources in creating the Nomad Residence Permit. The idea behind this permit, launched in June of last year, is to offer a temporary stay permit for digital nomads.
The archipelago of Malta lies in the sparkling southern half of the magnificent Mediterranean, some 100 kilometres south of Sicily. Its location has given it great strategic importance throughout history and a succession of royal powers have battled to rule the archipelago. An independent member of the Commonwealth, Malta joined the European Union (EU) in 2004 and became part of the Eurozone in 2008. It is a favoured tourist destination with its warm climate, numerous recreational areas and architectural and historical monuments. It is now, however, also becoming increasingly popular as a business destination.
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