Entrepreneurship in Europe is possible, Malta gives you a helping hand

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If you are an international student and dream of starting your own business, Malta may be the perfect destination to realise your career goals. 

This small European country, located at the heart of the Mediterranean, has established a favourable environment for the creation of startupsattracting talent from all over the world.

Today we will focus on the possibilities that Malta offers to international students to undertake and develop their business ideas. 

We will focus on the combination of two key factors: studying for an MBA and the advantages of the special residence permit that encourages the creation of start-ups.

Today you will discover why more and more Colombian professionals are choosing Malta to study, in pursuit of the ideal combination of cutting-edge education and an environment conducive to entrepreneurship.

How to start a business in Malta?

Whether you're interested in technology, the world of i-gamingWhether it's AI, pharmaceuticals, aviation, finance or any other field, Malta offers fertile ground for your ideas to become reality. 

The Maltese islands have a population of just over half a million and over 25% of those working in Malta are expatriates who come from all over the world - it's amazing how open the island is to foreigners!

Over the last few years, the Maltese Government has adopted an open approach towards start-ups and this is increasingly attracting a number of new companies. startups highly innovative.

Although studying in Malta gives you the opportunity to live and work in Malta.There are other permits that are made for all those who vibrate with the creation of companies. We are talking about the Malta Startup Residency Programmefor students from outside the European Union, which facilitates the creation of innovative companies.

Startup Residency Programme Malta

Unlike many European countries where it can be difficult to start a business if you are a Latin American, the Startup Residency Programme is aimed at people from outside the European Union. 

This programme provides an initial residence permit of 3 years, which can be extended for an additional 5 years. During this period, beneficiaries have the opportunity to reside in Malta while establishing their business.

In addition to supporting business start-ups, the programme supports the process of immigration of entrepreneurs (founders of the startup), principal employees and immediate family members. Beneficiaries of this scheme must live in Malta and pay local taxes. 

What does the Startup Residency Programme offer?

This programme offers beneficiaries a number of benefits such as long-term business and family stability, along with a range of opportunities to attract and retain talent. international talent. 

It is complemented by incentives and a range of lucrative support measures, administered by Malta EnterpriseThe Malta Business Centre, which acts as the main point of contact between emerging and growing companies looking to set up operations in Malta. 

The residency programme offers an attractive entry price and access to a small and agile jurisdiction such as Malta. You will also be in an English-speaking country, the language in which most business is conducted.

You will also have access to the EU market and other continents; the ability to tap into local talent, attract international talent and a personalised service that is tailored to your needs.

MBA: key to entrepreneurship

The renowned Spanish psychiatrist Marian Rojas Estapé says that luck is the result of preparation and opportunity. And, now that Malta has launched its startup residency programme, aimed at non-EU nationals, you can't leave your education and academic preparation to chance. 

If you are looking for a pathway to running your own business, studying a MBA in Malta can open doors to a thriving and dynamic entrepreneurial ecosystem. 

From our advice and experience, we know that there are institutions that offer you much more than a quality programme. For students looking for entrepreneurship in Malta, MBA with GBS can be the best complement. Here are the reasons why!

5 reasons to do an MBA with GBS Malta

GBS (Global Apply Knowledge) is a UK based college with locations around the world, including London, Manchester, Birmingham and Malta. This institution offers a UK qualification with the Bath Spa University

Here are 5 reasons why you should study for a degree MBA at GBS can be the perfect complement to then apply through the Residence Permit for Startups:

  1. The GBS Malta MBA is a master's programme degree focused on leadershipThe programme is designed to train professionals who can best manage companies facing a constantly changing working environment.
  2. It is designed for professionals looking to develop their management skills, enhancing their development opportunities, assuming strategic and senior management positions at the global level. 
  3. GBS has a area dedicated to students interested in developing business ideas and establish their own businesses. This area not only provides support for the growth of their entrepreneurial ideas, but also helps all students to expand your network of contacts and professional connections.
  4. GBS Malta students gain access to a dedicated career development area, where they will receive assistance in creating a career path for themselves and their families. personalised career development plan that fits their individual profile and specific interests.
  5. If entrepreneurship is your thing, then your career development plan could be tailored to your needs and you will have the best guidance to start your own business.

Advantages of doing business in Malta

Studying, living and doing business in Malta has additional benefits such as enjoying its strategic location, Mediterranean climate, excellent quality of life and being part of the entrepreneurial and innovative environment that the island is increasingly experiencing. 

Likewise, if you and your family join the Startup Residency Programme, you will be able to enjoy the best quality public health and education system. 

Here we tell you more about the benefits of starting a business in Malta:

  • With direct flights to major financial and commercial centres such as London, Frankfurt, Paris, Dubai, Istanbul, Amsterdam and Madrid, Malta is well connected to all major European cities as well as key destinations in North Africa and the Middle East. 
  • Malta has attracted thousands of foreigners as it has developed into a modern business centre, making it a friendly hotspot.
  • According to the Maltese government, the country represents a dynamic jurisdiction, with a reputation as one of Europe's preferred places to do business, thanks to its long-term economic, political and social stability. 
  • With a startup in Malta, you would have direct access to the EU's domestic market of over 500 million people. However, Malta's connections do not stop there and it is an ideal launch pad to access growth markets in Africa and the Middle East. 

The advantages of studying an MBA and entrepreneurship in Malta are innumerable, so at Boom Studies we will be happy to help you achieve your personal and professional dreams. 

This unique combination of education and entrepreneurial opportunities makes Malta an attractive destination for those who wish to develop their entrepreneurial career!

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