Specialist Employee Initiative (SEI) in Malta
The Specialist Employee Initiative (SEI) in Malta is designed to streamline the immigration process for skilled professionals, providing a more flexible alternative to the existing Key Employee Initiative (KEI). Here are the key features and benefits of the SEI:
Application Processing Time
One of the main advantages of the SEI is its relatively straightforward application process. The standard processing time for applications is 15 working days from the submission date, ensuring that applicants can receive a timely response. This is longer than the Key Employee Initiative (which boasts a five-day processing time) but offers a more accessible option for those who do not meet the stricter criteria of the KEI.
Residence Permit Validity
Residence permits granted under the SEI are initially valid for one year. However, these permits can be extended for up to three additional years, allowing professionals to continue living and working in Malta for a longer duration. This provides a significant degree of flexibility for both employers and employees looking to establish a long-term presence in the country.
Application Fee
The application process for the SEI involves an administrative fee of 300 euros. This fee covers the cost of processing the application, offering a reasonable price for the benefit of obtaining a residence permit in Malta.
Alternative to the Key Employee Initiative
The SEI serves as an alternative to the more stringent Key Employee Initiative. While the KEI offers faster processing times (five business days), it has stricter requirements, including a minimum basic salary of 35,000 euros, the need for the position to be managerial or highly technical, and the requirement for applicants' qualifications to be duly certified and recognized by the Malta Qualifications Recognition Information Centre (MQRIC). In contrast, the SEI provides a more flexible route for skilled workers who may not meet all of the KEI's criteria.
The SEI is thus an ideal option for professionals seeking to work in Malta, offering a balance of speed, affordability, and flexibility.
