Digital nomads can add Malaysia to the rising checklist of nations rolling out the purple carpet for distant employees.
The Southeast Asian nation simply introduced an attractive digital nomad visa program that would make it a high vacation spot for location-independent professionals worldwide.
The brand new DE Rantau Nomad Go, launching Oct. 1, 2022, permits overseas distant employees to remain in Malaysia for as much as one yr and is renewable for a further 12 months.
To be eligible for this system, candidates should:
- Earn no less than $24,000 per yr
- Be a freelancer, impartial contractor or a full-time distant employee
- Present proof of employment, reminiscent of freelance shopper contracts or an employment contract with a overseas firm
- Pay a visa payment of $220
Nomads can convey their companions and kids with them for a further $110 per dependent.
The visa program was created by the Malaysia Digital Financial system Company, the federal government company tasked with rising the nation’s digital stability and wealth.
The scheme particularly targets IT professionals, reminiscent of software program builders, cybersecurity specialists, digital content material creators and digital entrepreneurs. Nevertheless, professionals from different industries are welcome to use.
Like different international locations which have launched digital nomad visa applications, Malaysia believes distant employees will play a key function in reviving its tourism trade. To that finish, it has promised to construct thriving digital nomad communities and broaden the nation’s community of distant work hubs with robust web companies.
These commitments — mixed with the visa program’s low revenue necessities and the nation’s low value of dwelling — might assist Malaysia grow to be a significant participant within the more and more aggressive digital nomad market.
Kuala Lumpur, Malaysia’s capital, ranked 18th on Instantaneous Workplaces’ Finest Locations to be a Digital Nomad 2022 survey. Town ranked third on the versatile workspace agency’s High Cities for Digital Nomads in Asia.