In collaboration with Malta Enterprise, the Residency Malta agency has launched a new residence programme for beneficiaries under the Malta Start-Up Residence Programme. Like the Nomadic Residence Permit, the Malta Start-Up Residence Programme aims to attract entrepreneurial-minded individuals who wish to start their new business in Malta.
To be eligible to apply under this programme, applicants must meet the following criteria:
Therefore, the beneficiaries must also pay their taxes in Malta.
An eligible business project must meet at least two of the following requirements:
€750 for each adult applicant and each dependent €82.50 to the Identity Malta Agency for each residence permit issued.
Upon successful completion of the procedure, applicants are issued with a residence permit for a period of three years. This can be extended for a further five years if the authority confirms that the start-up continues to operate, and the beneficiaries continue to meet the requirements.