Launches a Start-up programme targeted at foreign entrepreneurs

On 14 October 2022, Malta launched a Startup Residence Programme that grants a 3-year residence permit, extendable for an additional 5 years, to non-EU nationals setting up innovative startups. To be considered, the startup should be engaged in one of the following activities in Malta: manufacturing; software development; industrial services analogous to manufacturing; health, biotechnology, pharmaceuticals and life sciences; eco startups involved in the blue, green and sustainable industries; other innovative economic activities. The incorporated Startup in Malta is required to place a tangible investment and/or paid up share capital of not less than €25,000.

• Type:

  • Promotion and facilitation (Investment facilitation , Investment incentives)
  • Promotion and facilitation (Investment facilitation , Investment incentives)

• Industry:

  • Manufacturing
  • Services (Computer programming, consultancy and related activities, Human health activities)

• Sources:

  • Start in Malta, Start-up Residence Programme, https://startinmalta.com/startup-residence/, 14 Oct 2022
  • Lexology, Malta Launches the Startup Residence Programme, https://www.lexology.com/library/detail.aspx?g=193074ae-eec7-4d4d-bb3c-f0fbd324a94e&utm_source=Lexology+Daily+Newsfeed&utm_medium=HTML+email+-+Body+-+General+section&utm_campaign=Lexology+subscriber+daily+feed&utm_content=Lexology+Daily+Newsfeed+2022-10-21&utm_term=, 19 Oct 2022