To be eligible for the Startup Residence Programme an individual must satisfy the following requirements:

• Third country nationals, excluding EU, EEA and Swiss.
• Must be 18 years and older
• has a concrete intention to develop and/or expand their business in Malta;
• is the founder or the co-founder of an enterprise, which has been registered for not more than seven (7) years anywhere globally (including Malta), which fulfils the following:

it has not taken over the activity of another enterprise,

it has not yet distributed profit,

it has not been formed through a merger.

A co-founder would be one of the first entrepreneurs to have set-up the start-up.

The incorporated Startup in Malta is required to place a tangible investment and/or paid up share capital of not less than €25,000. In case where more than four (4) co-founders apply for the Startup Residence Permit, an additional €10,000 needs to be placed per additional co-founder. In any case, the maximum number of co-founders eligible for the Startup Residence Programme is six (6);