Germany is one of the major economic centers in Europe with a thriving business sector. The country offers foreign entrepreneurs to set up a company and obtain residency.
What else does Germany offer its residents?
- Easy access to the EU Schengen countries.
- A good life and a first-class healthcare system.
- Excellent education.
- Security, Germany is a peaceful and politically stable country.
- High quality standard of living.
- Complete confidentiality during procedures.
- A beautiful country, rich in culture and heritage. Various terrain and rivers, lakes, mountains, farms, etc.,
- The lowest crime rate in Europe.
After three years of a temporary residence permit, the investor has the opportunity to obtain a residence permit (for dependents after 5 years). And after 8 years of living in Germany, you can apply for citizenship.
How to obtain a residence permit in Germany: step by step – read here
Who can apply for German Residency?
- Foreign entrepreneurs – establish a business in Germany
- Foreign entrepreneurs – establish an overseas branch
- Freelancers
- Legal representatives of business who are not working under an employee status.
- Foreign investors qualify for a long-term “D” visa and temporary residence permit after business investment in Germany. The residence permits are usually for two or three years. It’s not required to reside permanently in Germany but the investor needs to visit Germany once a year at least.
- Once this has been granted, the holders are able to leave and re-enter Germany and Schengen countries without limitation.
- After the business has been effectively productive for three years, applicants and dependents are eligible for an unlimited permanent residence permit.
- After 6 years of obtaining a legal residence in Germany, you can apply for citizenship with certain additional conditions for German language and culture which applied to this process.
- Regarding residency and citizenship, the applicant can include the family members in the program.
