- August 18, 2021
- Posted by: Piyush Global RCG
- Category: Residency By Investment
A Complete Guide to Investor Visa Germany
Germany is located in the heart of Europe. It attracts investors because it offers an unrestricted opportunity within one of the world’s strongest business and social climates. The program’s process is straightforward: Apply for the Investor Visa Germany program, invest in the country’s economic growth, and become a temporary resident with your family, which will give you visa-free travel throughout Europe.
Everything You Need To Know About The German Business Investor Visa
Entrepreneurs, international investors, and their families are welcome to live, work or manage businesses in Germany under the investor visa program. However, they need to make a qualifying investment first, and their investment needs to have a favorable influence on the German economy. To be eligible for the German Entrepreneur Residency Program, the major investors/entrepreneurs must invest in a project, a German company, or their own business.
While other European countries also provide golden visas, obtaining one in Germany is particularly advantageous due to Germany’s wealth, and regional importance for both the European Union and the world.
Why Is Germany A Preferred Destination?
Germany is an important European country with a booming economy, stable political climate, plenty of jobs, and good educational opportunities. Thanks to its strong manufacturing and engineering industries, Germany is a vital economic powerhouse for both the European continent and the world at large. It goes without saying that foreign investors interested in investing in the German economy will be rewarded handsomely. Permanent residency in Germany is particularly advantageous, with the country having some of the best-ranked colleges in the world, a superb healthcare system, and unrivaled transportation infrastructure.
What Are The Financial Requirements For Investor Visa Germany?
It’s worth noting that Germany’s investor visa program differs from those in other nations in that it does not offer a traditional road to permanent residency. Rather, the German government has relatively lenient rules for the investment, as long as the minimum investment threshold is reached.
Requirements For A German Golden Visa:
- You need to invest at least €25,000 in a company.
- You need to make an investment of at least €350,000 in a real estate project.
Essential Details About Business Investment
To obtain residency in Germany, you must adhere to German authorities’ immigration requirements. Foreign entrepreneurs in the self-employment category can form a business or a firm in Germany and obtain a resident permit under Section 21 of the Residence Act.
A minimum investment of €25,000 is required to form a limited liability company, with an additional €12,500 required if multiple business partners are involved. As an investor, you need to have a professional background and managerial expertise to qualify for such an investment.
Your company’s business plan must promote Germany’s economic interests. It is important to show that you have financial resources to start a business in Germany and that you will be permanently based in Germany for the business to succeed. As a result, a business plan is typically filed with the local government, as this allows the authorities to examine your long-term investment strategy.
Important Details About Passive Investment
If you don’t want to spend a lot of time in Germany but still want to invest, look into a regional development project. These projects’ primary goal is to develop commercial and residential properties in specific areas.
To be eligible, the investor must make a five-year commitment of at least €350,000 (or three years, depending on whether the applicant has family in the application or not), with €250,000 invested in off-plan commercial real estate assets. The remaining €100,000 goes to a development project fund to pay application and service fees.
By and large, applicants can expect a good return on their investment, and they can even stay in the house they helped build for the rest of their residency in Germany. Finally, contrary to widespread assumption, an investor cannot just purchase real estate anywhere in Germany to be eligible for the visa. As previously stated, the investor must invest through a regional development project.
Eligibility Criteria To Apply For Investor Visa Germany
- You are a non-EU citizen.
- The main applicant’s age should be at least 18 years old.
- You need to have health insurance.
- German language proficiency must be at an intermediate level.
- You have not been convicted of any criminal activity in the past.
- You must visit Germany once every six months to keep the three-year national permit.
- If you meet the aforementioned criteria, you are eligible for a resident permit.
Advantages of Obtaining German Residency
Germany has one of the world’s best passports. You can visit more than 190 places without needing a visa. The passport also provides Schengen Area access for working and studying.
German Citizenship Is A Possibility
You can apply for citizenship and an EU passport after eight years of residency in Germany. Alternatively, you can apply for citizenship faster and get it in six years (with special integration services).
Everyone In The Family Is Eligible
You can list your spouse and dependent children under the age of 18 in your application, and they will be granted residence permits as well.
Germany is Europe’s economic powerhouse. It is strategically located in the heart of the continent. It has the fourth-largest economy in the world in terms of nominal GDP. Germany also boasts a robust and solid physical infrastructure.
Step-By-Step Process of Obtaining The German Golden Visa
- Submit a pre-approval application to the local immigration office in the first step
- Appointment of a notary and investment transfer
- Submit visa application at the German embassy
- Registration and entry into Germany with a D-visa
- Submit an application for residency
Is It Possible To Purchase German Citizenship?
Citizenship in Germany cannot be purchased. However, there exist other citizenship-by-investment programs that offer citizenship in exchange for financial investment. The German Investor Visa program exclusively grants main candidates and their family members a three-year temporary resident status.
The golden visa might be converted to permanent residency after three years. You can apply to become a naturalized citizen after sending six to eight years in Germany. However, you must have no criminal record and a strong command of the German language, as you will be required to pass a German language test.