The Key Employee Initiative (KEI)

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    The Key Employee Initiative (KEI)

    New Scheme for Non-EU Individuals Seeking Employment and Residence in Malta

    Identity Malta has introduced a new scheme entitled ‘The Key Employee Initiative’ (KEI) which aims to facilitate and fast track the application process for highly-specialised third-country nationals seeking employment in Malta.

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    1. Key Employee Initiative Eligibility Criteria
    2. The Validity of the Permit Under KEI
    3. KEI Timeframe
    4. The Benefit of Key Employee Initiative
    5. Our Services
    6. Why Choose Nexia BT?

    Key Employee Initiative Eligibility Criteria

    Identity Malta has introduced a new scheme entitled ‘The Key Employee Initiative’ (KEI). The aim of this scheme is to facilitate and fast track the application process to highly-specialised third-country nationals who seek employment in Malta.

    Individuals applying under the KEI must satisfy the following:

    • Receive an annual gross salary of at least €30,000;
    • Provide certified copies of the relevant qualifications, warrants or the necessary work experience; and
    • Provide a declaration by the employer stating that they have the necessary credentials to perform the duties being assigned.

    The Validity of the Permit Under KEI

    Once the application is validated and approved, the applicant will be issued with a residence permit which is valid for one year.

    The permit may then be renewed for a maximum period of three years, subject to the submission of the documentation requested by Identity Malta.

    KEI Timeframe

    Permits are issued within five working days from the date of submission of the application.

    The Benefit of Key Employee Initiative

    The applicant does not need to be physically present to submit the application, therefore the applicant would not need to travel to Malta purposely to submit the application.

     

    The benefit of Key Employee Initiative

    Our Services

    Nexia BT can assist with the application process under the Key Employee Initiative for third-country nationals.

     

    Kindly contact us and one of our advisors will assist you further

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    Why Choose Nexia BT?

    Nexia BT is a corporate and private client advisory, audit, accounting and tax firm. Our clients are local and international blue-chip companies, financial and other institutions, SMEs, high-net-worth-individuals, the public sector and high-end organisations.

    As a reputable organisation of over 25 years standing and forming part of a worldwide network of independent business advisors, consultants, auditors and accounting firms present in over 120 countries, we are optimally positioned to offer global expertise. Along these years, we have built client loyalty around a credible reputation for delivering results whilst working to the highest professional standards.

    Through our highly qualified professionals within our legal, audit, tax and advisory departments, we offer a personalised, holistic solution for every client. The International Client Services unit includes Russian, Mandarin and French-speaking executives who are familiar with the characteristics and requirements of foreign markets.

    Nexia BT - your reliable partner in Malta.

    For further information, read our factsheet Key Employee Initiative below.

    The Key Employee Initiative

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