Malaysia calls dibs on being the next top destination for remote workers. Their new digital nomad visa allows those with an annual income of €24,000 to work and live in the country.
The Southeast Asian country is hoping its low cost of living and low crime rates will attract remote workers and boost the country’s economy and digital advancements.
Those interested in applying must work as a freelancer, independent contractor, or full-time remote worker in the digital space. Proof of active or multiple contracts must be shown as proof of employment. The visa fee is about $220. Those who qualify can stay in Malaysia for up to 12 months and renew for another year.
As more and more countries make moves to entice remote workers, Malaysia could be the next hot spot. Just last year, Malaysia’s capital, Kuala Lumpur was voted the best city for ex-pats to work in. Its low cost of living, easy going way of life, and multicultural society appeal to many remote workers looking for a change of scenery.
It also doesn’t hurt that travelers can easily hop over to neighboring countries like Thailand, Vietnam, and Singapore without breaking the bank. Sounds like a win to us.
Applications open October 1st of this year.