The Key Employee Initiative Launched – A Fast Tracked Single Permit Scheme

Identity
Malta Agency launched the Key Employee Initiative (KEI) providing a
fast-tracked service to highly-specialized Third-Country Nationals who are
employed in Malta. The scheme will facilitate the issuing of work/residence
permits to prospective key employees within five working days from the date of
submission of the applications.

Who
is eligible to apply?

The
KEI is applicable to managerial or highly-technical posts which require the
relevant qualifications or adequate experience related to the job being
offered. Applicants have to provide information to the Expatriates Unit within
Identity Malta to confirm the following eligibility conditions:

·
Annual gross salary of at least €30,000 per annum;

·
Certified copies of the relevant qualifications, warrants or the necessary work
experience;

·
Declaration by the employer stating that the applicant has the necessary
credentials to perform the duties being assigned;

·
Purchase or rent a property situated in Malta.

The
KEI is also extended to innovators involved in start-up projects which are
specifically endorsed by the Malta Enterprise.

What
is the application procedure to be followed?

Applications
for a single permit under the KEI may be submitted while the applicant is
physically in Malta or still abroad.

Upon
approval, successful applicants will be granted a residence permit valid for
one (1) year, which may be subsequently renewed for a maximum period of three
(3) years, subject to the following support criteria continue to be satisfied,
namely:

·
a valid definite or indefinite contract; and

·
the original annual tax declaration form stamped by the Inland Revenue
Department.

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