Germany is recognized as the economic powerhouse of the Euro Zone by entrepreneurs around the world. It is distinguished by its engineering abilities and efficiency that regularly beats those of other EU nations. The country’s GDP grows at an annual rate of around 1.7 percent, and in addition to a stable employment situation and a pro-business atmosphere, businesses in the country enjoy one of the most advanced industrial infrastructures in the world.
Germany has a visa program for foreign investors that allows entrepreneurs and their families to reside, work, and conduct business in the country on a temporary basis to begin with. The initial residency application of the Germany investor visa is approved in just 45 days, and it is possible for applicants to submit an application for permanent residency after three years.
The investment visa in Germany was basically introduced as a means of further encouraging innovation and entrepreneurship in the country. It is overlooked by Article 21 of the German Residence Act, which specifically benefits the Company founders, sole proprietorships, managing directors and legal representatives of partnerships and corporations.
Here’s a timeline of how long it takes to acquire a German residence permit by investment:
- It could take from four to six months for you to secure a visa and have your business plan approved.
- In order to apply for permanent residency, you must reside for 3 years in Germany as a temporary resident.
- It takes an additional five to eight years for an applicant to be eligible for naturalization as a German citizen
The main applicant must be at least 18 years of age, in good health and have no criminal record. Along with a basic investment of at least €25,000 in a company, the documents required to apply for the investor visa in Germany are inclusive of:
- Valid passport
- Proof of investment as well as the source of funds
- Business plan
- Proof of residence — your address registration
- Documents demonstrating that the applicant does not have a criminal record
- Curriculum Vitae (CV) with a detailed overview of the applicant’s professional career, qualification certificates, and references.
- Possession of German health insurance
- Completed residence permit application form
- Application fee, depending on the complexity of your case
- All relevant birth and marriage certificates pertaining to the applicant, spouse and dependents.
Benefits of the Germany Investor Visa include:
The ability to reside and work in Germany
First of all, the German Residency Investor Visa allows the holder to reside and work in Germany for an initial period of three years. After this, it is possible to apply for permanent residency, which entitles the holder to live and work in Germany indefinitely.
The ability to bring family members to reside with you in Germany
The visa also allows the holder to bring their spouse and any dependent children under 18 years of age to reside with them in Germany.
Legitimate means of applying for and securing German citizenship
The German Residency Investor Visa is also a legitimate path to applying for and securing German citizenship. After holding a permanent residency permit for eight years, it is possible to apply for naturalization as a German citizen.
Thriving business environment
Germany is considered to be a powerhouse in the European Union, with a stable employment situation and a pro-business atmosphere. The country is also home to some of the most innovative and successful companies in the world.
In conclusion, the investment visa in Germany provides foreign investors with a number of benefits that make it an attractive option for those looking to relocate to Germany. The visa offers a path to residency and citizenship, as well as the ability to bring family members to reside with you in Germany. In addition, the business environment in Germany is thriving, making it an ideal place to invest and grow a business.
About Passport Legacy:
Founded by Jeffrey Henseler, Passport Legacy is a Swiss boutique firm with over 25 years of combined experience in the residency and citizenship-by-investment industry. Headquartered in Dubai, UAE, with supporting global offices in Nigeria, Pakistan and Lebanon, Passport Legacy is a CBI company providing a range of tailored professional services to its private clients, including the acquisition of alternative residences or citizenship as well as real estate. Through its highly-knowledgeable and experienced Client advisors, who are available to call and text 24/7, Passport Legacy facilitates access to over 150 countries.