Malta is actively positioning itself as a hub for artificial intelligence innovation and expertise. Recognizing the importance of attracting skilled AI professionals and coders, Malta has introduced specific visa initiatives aimed at bolstering its burgeoning AI ecosystem. If you’re a non-EU startup founder or a highly-specialized AI professional, understanding Malta’s visa policies could be your first step towards becoming part of this dynamic community.
How Does the Malta AI Visa Work?
The Malta Start-up Visa is a streamlined procedure designed to facilitate the residence and employment of non-EU startup founders and their families in Malta. It’s part of a broader strategic effort to foster an environment conducive to AI innovation and development. Additionally, the Key Employee Initiative offers fast-track services for highly-skilled professionals, making it easier for them to settle and work in Malta. These initiatives are supported by favorable fiscal incentives and a comprehensive legal framework aimed at fostering a trustworthy AI environment.
How AI professionals can get this Residency visa
The AI Skilled Visa for Malta is designed to attract highly skilled professionals to the country, addressing skill shortages in various sectors. Here are key details about the visa:
- Eligibility Criteria:
- Applicants must have a job offer from a Maltese employer.
- The annual salary for the position should be at least €30,000.
- Relevant qualifications or a minimum of three years of experience in the related field are required.
- A comprehensive health insurance policy covering the applicant during their stay in Malta is mandatory.
- Application Process:
- The application includes the submission of several documents: a completed application form, a full passport copy, a cover letter from the employer, a signed work contract, a detailed CV, and certified copies of relevant qualifications.
- The process also requires proof of accommodation in Malta, such as a lease agreement or property purchase agreement.
- The visa application can be processed within 15 working days under the Specialist Employee Initiative for positions earning at least €25,000 annually.
- Rights and Conditions:
- Successful applicants receive a residence permit valid for one year, renewable for up to three years with a valid work contract.
- Family members can join the visa holder under certain conditions.
- If the employment ends, the residence permit will be canceled unless a new job is secured.
This visa aims to balance Malta’s economic demands with public sentiments regarding migration, ensuring that the country benefits from skilled professionals while addressing concerns about infrastructure and community impact.
Why is Artificial Intelligence going strong Malta?
Malta’s ambitious National AI Strategy outlines a clear vision to become a leading economy in AI by 2030. This strategy includes substantial investment in AI research and development, support for AI startups, and the introduction of an ethical AI framework. By creating an accommodating regulatory environment and offering financial incentives for AI businesses, Malta aims to attract international talent and investments, ensuring continuous growth and innovation in the AI sector.
If you’re an AI professional or an entrepreneur in the AI space, Malta’s proactive approach offers a unique opportunity to be at the forefront of AI technology development. The country’s commitment to creating a supportive ecosystem for AI could be the perfect launching pad for your career or business in the field of artificial intelligence.