72 UGLOBAL IMMIGRATION MAGAZINE
“ Holders also gain visa-free access to Schengen for 90 days out of every 180 days .
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The startup residence program , in particular , opens the door for entrepreneurs to launch their businesses in the EU Marketplace and offers long-term residency stability . Upon completion , co-founders and their immediate family members can renew their initial three-year permit for a further five years . Meanwhile , the startup ' s key employees can renew their residence permits for three additional years . After five years of residency , visa holders can apply for longterm residence .
KENNETH CAMILLERI
Kenneth Camilleri is a qualified accountant and tax advisor . He attained his practicing warrant from the Government of Malta , Ministry of Finance in 2005 . He has extensive experience in residency and citizenship , international taxation , and wealth structuring . Camilleri is an accredited agent for the Maltese citizenship and residency programs . He is the managing director and co-founder of Vertex Alliance , which specializes in residency , citizenship , tax , and investment . Previously , Camilleri served as a senior director at an international law firm for fifteen years . He has been a guest speaker in numerous international conferences and roadshows . With his team of professionals , Camilleri has supported numerous clients with acquiring permanent residence and citizenship in Europe and beyond .