Key Employee Initiative for Third Country NationalsMEDIA ROOM
Identity Malta, is introducing a fast-track service to highly specialised third-country nationals employed in Malta. This initiative is intended to attract top expertise and skill in the financial services, remote gaming, aviation and TMC sectors. Even more so, this initiative enables operators in these sectors to attract and recruit the highest qualified, experienced professionals available globally. This scheme is applicable to managerial or highly-technical posts which require the relevant qualifications or adequate experience related to the job being offered. It is also extended to innovators involved in start-up projects which are specifically endorsed by the Malta Enterprise.
This programme has been initiated in order to facilitate the issuance of work and residence permits on a fast-track basis, for prospective key employees, which permits will be furnished within five (5) working days from the date of submission on the application.
For eligibility of the Key Employee Initiative, applicants must meet the criteria hereunder:
- An annual gross salary of at least €30,000 per annum;
- In possession of certified copies of the relevant qualifications, warrants or the necessary work experience; and
- Following a declaration by the employer stating that the applicant has the necessary credentials to perform the duties being assigned.
Applicants have to provide information to the Expatriates Unit within Identity Malta to confirm the abovementioned eligibility conditions.
Applications for a single permit under the KEI may be submitted while the applicant is physically in Malta or still abroad. The KEI is also extended to innovators who are involved in start-up projects which have been specifically endorsed by the Malta Enterprise.
Approved applicants will be issued with a residence permit valid for one year. The said permit may be renewed for a maximum period of three years, subject to the presentation of
- A valid definite or indefinite contract; and
- The original annual tax declaration form stamped by the Inland Revenue Department.
Malta, as a premium location to live and work in, already attracts a diverse spectrum of specialised activities. Such third country nationals will be benefiting from such efficient measures which many times compliment the urgency or necessity of a post or employment.
Should you require further information in this respect, kindly contact us on [email protected]