Embodiments of the present invention provide a method and a device for location management of a group-based machine type communication MTC device. The method includes: receiving a location update message sent by a mobility management network element, where the location update message includes a device identity and/or a group identity of a first MTC device; acquiring the group identity of the first MTC device according to the location update message, and updating subscription data of all MTC devices in a group corresponding to the group identity; and sending subscription data of the group to the mobility management network element, where the group subscription data includes the group identity and/or a device identity list of all the MTC devices in the group. An embodiment of the present invention further provides a corresponding device.