Malta Issues Over 33,000 Residence Permits Amid Skilled Worker Shortages

Malta has emerged as a top destination for expatriates and digital nomads, issuing 33,455 residence permits to foreign nationals in 2024. This marks a significant development in the country’s approach to attracting skilled professionals and investors.

Key Highlights

• Total Residence Permits Issued: 33,455 in 2024
• Nomad Visa and Residence Programs: 4,073 permits granted
• Malta Permanent Residence Programme (MPRP): Over 1,500 applications received
• Revenue Generated: €46 million contributed to Malta’s Consolidated Fund

Malta’s Growing Appeal for Foreign Residents

Malta’s Home Affairs Ministry has revealed that the country issued over 33,400 residence permits to foreigners in 2024, reflecting its commitment to welcoming global talent. The following residency programs played a key role in this expansion.

• Malta Permanent Residence Programme (MPRP)
• Malta Residency and Visa Programme (MRVP)
• Nomad Visa Scheme

Breakdown of Residence Permits in 2024

1. Malta Permanent Residence Programme (MPRP)

• Received over 1,500 applications
• Generated €46 million for the government’s Consolidated Fund
• Contributed €36 million in property purchases
• Added €50 million through five-year lease contracts

2. Nomad Residence Permit

• 1,031 applications were submitted under Malta’s Nomad Visa Scheme
• The program continues to attract remote workers looking for a European base with favourable tax policies

Also Read: Malta Tightens Residence Permit Rules for Foreign Nationals

Surge in Demand for Foreign Workers in Malta

Malta’s economy is witnessing a surge in demand for foreign skilled workers, particularly in sectors experiencing labour shortages. Industries such as healthcare, construction, transportation, and food service are actively seeking professionals from abroad.

Foreign nationals with the necessary skills and experience are more likely to secure employment in Malta, making the country an attractive option for skilled migration.

Why Foreigners Are Choosing Malta

• Strategic Location: Positioned at the heart of the Mediterranean, Malta offers excellent connectivity to Europe and North Africa.
• Residency Benefits: The MPRP and Nomad Visa provide a pathway to long-term residence with financial incentives.
• Business & Employment Opportunities: With labour shortages in key industries, job prospects for foreign professionals remain strong.
• Quality of Life: Malta boasts a high standard of living, a warm climate, and a thriving expat community.

Also Read: Malta Announces New Work Permit Option for Skilled Non-EU Nationals

How to Apply for a Malta Residence Permit

Foreign nationals looking to move to Malta can apply under different programs based on their qualifications and residency goals:

1. Malta Permanent Residence Programme (MPRP)

• Requires a property purchase (minimum €300,000) or a rental contract (€10,000 annually)
• One-time government contribution of €98,000
• Eligibility: Non-EU nationals with a stable income and clean criminal record

2. Nomad Residence Permit

• Ideal for remote workers earning at least €2,700 per month
• Requires proof of employment with a foreign company or self-employment
• One-year renewable visa with access to Schengen travel benefits

Final Words

Malta continues to solidify its position as a sought-after destination for expatriates, skilled professionals, and digital nomads. With an increasing number of residence permits being issued and growing demand for foreign workers, Malta presents significant opportunities for those looking to live and work in a vibrant, globally connected country.