Startup Residence Programme
Malta is a full member of the European Union and has the Euro as its official currency. The Maltese islands have a population of just over half a million. More than 25% of those working in Malta are expats that come from all over the globe. During the last years, The Government of Malta has adopted an open approach toward start-ups and this has resulted in the attraction of various highly innovative start-ups. The Malta Startup Residency Programme is another tangible policy step towards increasing our competitiveness in this area.
The Malta Startup Residence Programme grants a 3-year residence permit, extendable for an additional 5 years, during which beneficiaries are able to reside in Malta while launching their startup venture. Intended for non-EU nationals, this competitive programme is specifically designed to facilitate the setting up of innovative startups and scale-ups in Malta whilst supporting the immigration process of their founders/co-founders, core employees and respective immediate family members. Beneficiaries of this programme need to have a tangible presence in Malta (including living and paying taxes locally).
The Programme offers beneficiaries a number of benefits including long term business and family stability together with an enhanced attractiveness to attract and retain international talent. This programme is complemented with lucrative non-dilutive support measures that are administered by Malta Enterprise which acts as the main contact point for start-ups and scale-ups that are looking to set-up innovative operations in Malta.
The residency programme offers an attractive entry price point, access to a small and nimble jurisdiction – Malta, where English is the language in which business is held, access to the EU market and to other continents, ability to access local and to attract international talent together with a dedicated one to one service to address your needs.
We look forward to be partners in your business venture!