ARTICLE
10 November 2022

Malta's New Start-up Residence Programme

DG
Dixcart Group Limited

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Dixcart provides effective wealth preservation solutions. We has been providing professional expertise to individuals and their families for nearly fifty years. Professional services include setting up and managing family offices, and structuring, establishing and managing companies. We are an independent group.
At the 2-day "Start-In-Malta Festival" in October 2022, Malta Residence Agency announced a new residence programme: the Malta Start-Up Residence Programme.
Malta Immigration
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Malta has introduced a New Start-up Residence Programme

At the 2-day "Start-In-Malta Festival" in October 2022, Malta Residence Agency announced a new residence programme: the Malta Start-Up Residence Programme.

  • This new visa will allow non-European nationals to relocate and live in Malta, by establishing an innovative start-up.

The programme allows founders/co-founders to apply for a 3-year residency permit, together with their immediate family, and the company to apply for 4 additional permits for Key Employees.

The Hon. Miriam Dalli (Minister for the Environment, Energy and Enterprise) stated "we want to be at the forefront of cutting edge technology innovation, research & development".

Highlights of the new Start-Up Residence Visa

  • Fast and efficient application process
  • Founders/Co Founders receive a 3-year permit that can be potentially renewed for another 5 years (it is possible to include immediate family members in the application)
  • Founders/Co Founders may apply for permanent residency after residing in Malta for 5 years
  • The Start-up company can also apply for residence permits for up to 4 Key employees (of which they will need to satisfy the requirements of the KEI)
  • Key Employees receive a 3-year residence permit that can be renewed for another 3 years (it is possible to include immediate family members in the application)
  • Key Employees may apply for long term residency after completing 5 years in Malta

Salient Points:

  • It is expected that the successful applicants will reside in Malta and make Malta their permanent residence and therefore there is a minimum stay requirement of 183 days per year

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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