Today most of the practical reasons for obtaining the Freedom of the City have disappeared. It nevertheless remains as a unique part of London’s history to which many people who have lived or worked in the City have been proud to be admitted. Prior to 1996, the Freedom was only open to British or Commonwealth Citizens. Now, however, it has been extended globally and persons of any nationality may be admitted either through nomination or by being presented by a Livery Company. Applicants must be over 18 years of age and of good character. There is a long standing tradition of admitting women.
The City of London is keen to maintain the Freedom as a living tradition. The Freedom is open to all who are genuinely interested and invited or born to it. The City Freemen are a very broad cross-section of the population​.