The Malta Startup Residence Programme, an official government programme that offers three-year residence permits to non-EU business founders, co-founders, core employees, and their families, has released a new brand video.
The scheme is intended to attract highly innovative start-ups in key industries – including manufacturing, software development, biotechnology, and the blue and green economy – to the islands of Malta.
The video showcases the many benefits of the programme, alongside Malta’s beautiful countryside and historic cities:
For businesses, Malta offers a strong economy characterised by continuous growth, a strategic Mediterranean location with easy access to EU, African, and Middle Eastern markets, and a multi-lingual population with English as an official language – and the language of doing business.
For prospective residents, Malta offers an enviable island lifestyle with 3,000 hours of sunshine a year, access to world-class healthcare and educational institutions, security in one of the world’s safest countries, and of course access to the EU, with visa-free travel to the Schengen area 90 out of every 180 days.
Successful applicants receive a residency card valid for three years. If the business maintains a good trajectory after this initial period, and the applicants continue to meet the programme’s eligibility criteria, founders and co-founders can renew their permits for an additional five years, while core employees may renew for an extra three years (families are eligible for the same renewal period as the primary applicant).
After living in Malta for five years under the programme, residents become eligible to apply for long-term residency.
To qualify for the programme, a minimum investment of €25,000 in tangible assets or paid-up share capital is required; accepted applicants must establish a physical presence in Malta and fulfill local tax obligations.
Click or tap the links to learn more about the Malta Startup Residence Programme and start-up initiatives and funding from Malta Enterprise.
