Residency by Investment
Germany is one the highly developed countries in the World, providing excellent quality of life with best education, healthcare and business opportunities for investors. Germany passport is the most powerful passport in the world which makes it desirable to seek residence in Germany
Germany does not have official golden visa program, but it is possible to acquire a investor visa or residency by making an active investment in businesses. It is an ‘investor visa’, which is quite different from golden visa.
Germany offers residence visa for business owners and entrepreneurs (startups) with sound business plan playing a vital role in job creation and economic impact.
Passive investments such as real estate do not qualify for residency in Germany.
Entrepreneurs and Business Investors are admitted into Germany, if they invest EUR 100,000 in a German business venture that created atleast five jobs in Germany.
§ 21 AufenthG (German residence act) entrepreneurs and self-employed personnel from third-countries can acquire a German residence permit (Aufenthaltstitel). The following applicants are entitled to apply:
The minimum investment required is EUR 100,000, of which (€30,000 legal fee apply, this includes business plan, incorporation and legal fee etc..)
Directors, managers, legal representatives of business-partnerships as well as stock corporations are entitled as long as they are not working under an employee-status.
The key to obtaining a German residence permit as an self employed person is showing that the business will have positive effects on the German economy, i.e. that there is an economic interest in and/or a regional need for the business and that financing has been secured.
Entrepreneurs must address that their business will increase the market potential as well as sales opportunities of other German enterprises and that it will create a positive impact on economy.
Foreign investors after making the business investment qualify for long term ‘D’ visa or residence permit (temporary residence) in Germany. Self-employed Entrepreneurs can obtain a residence permit through § 21 AufenthG by acquiring or starting a German company or invest into existing ones.
The duration of residence permit is usually two or three years which can can be prolonged.
It is possible to apply for permanent settlement permit in Germany after three years of living. There are no requirements to live permanently in Germany but required to visit atleast once a year.
German citizenship after 8 years of living in Germany provided there is no criminal record and knowledge of German.
Germany requires forfeiting previous citizenship in order to become a german national.