If you are an international student and dream of starting your own business, Malta may be the perfect destination to realize your professional goals.
This small European country, located in the heart of the Mediterranean, has established a favorable environment for the development of 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 an MBA and the advantages of the special residence permit that encourages the creation of startups.
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 coming from all over the world.it's amazing how open the island is to foreigners!
Over the past few years, the Maltese government has adopted an open approach towards start-ups and this is increasingly attracting several 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 Programfor students from outside the European Union, which facilitates the creation of innovative companies.
Startup residency program Malta
Unlike many European countries where it can be difficult to start a business if you are a Latin American, the Startup Residency Program is intended for non-European Union citizens.
This program 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 the creation of companies, the program supports the process of immigration of entrepreneurs (founders of the startup), principal employees and immediate family members. Beneficiaries of this program must live in Malta and pay local taxes.
What does the Startup Residency Program offer?
This program offers beneficiaries a number of advantages such as long-term business and family stability, along with a range of opportunities to attract and retain talent. international talent.
In addition, it is complemented by incentives and a series of lucrative support measures, administered by Malta EnterpriseThe Malta Business Development Center, an entity that acts as the main point of contact between emerging and expanding companies seeking to establish their operations in Malta.
The residency program 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 leverage local talent, attract international talent and a personalized service that adapts to your needs.
MBA: key to entrepreneurship
The renowned Spanish psychiatrist Marian Rojas Estapé, states that luck is the result of preparation and opportunity. And, now that Malta has launched its residency program for startups, focused on those who do not belong to the EU, you cannot 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 the doors to an entrepreneurial, prosperous and dynamic ecosystem.
From our advice and experience, we know that there are institutions that offer you much more than a quality program. For students looking to start a business 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 United Kingdom college with branches in different parts of the world; such as London, Manchester, Birmingham and Malta. This institution offers a British degree 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:
- The GBS Malta MBA is a master's program degree focused on leadershipThe company's mission is to train professionals who can best manage companies that face a constantly changing work environment.
- It is designed for professionals seeking to develop their skills in business management, improving their development opportunities, assuming strategic and senior management positions at a global level.
- 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 the students to expand your network of contacts and professional connections.
- GBS Malta students gain access to a dedicated career development area, where they will receive assistance in creating a personalized professional development plan that fits your individual profile and specific interests.
- If entrepreneurship is your thing, then your professional 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 is increasingly experienced on the island.
Likewise, if you and your family access the Startup Residency Program, 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 centers 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 become a modern business center, 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 directly access the European Union's domestic market of over 500 million people. However, Malta's connections are not limited to this and it is an ideal launch pad for accessing 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 advise you so that you can fulfill 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!
