Getting Residency in Germany- Benefits of Residence by Investment
Posted by Citizen Lane on October 20th, 2016
If you are an investor, you might be interested in establishing your residency in Germany. Germany is among the best countries globally in terms of economic power, business acumen and democracy. It is the largest Western Europe nation in terms of population and economic power. It is also one of the strongest economies and wealthiest countries in the world. It is also a dominant force in the European Union and this makes it arguably the second or third country to the United States from a global influence perspective.
Benefits of having a residence by Investment
Having a residence as an investor in another country provides prestige while elevating your status into a global citizen. Regardless of your origin, you enjoy numerous benefits when you become a global citizen, when applying after eight years of residence in Germany for a German passport.
Your benefits include:
1- Access to more than 177 countries globally visa-free as a German citizen
2- No minimum requirements for residency
3- Freedom to work and live anywhere within Western Europe
4- Citizenship of a dominant country in Europe
5- Citizenship of a large economy
To apply for German citizenship, you must show your capability and means of making an investment of at least 50,000 euros into the economy of Germany through a business project, the higher your investment amount the higher the chance that your residence permit application in Germany is being approved. Your project should maintain or create some jobs which should be given to German citizens. As an applicant, you must also choose the kind of a company that you intend to invest in whether an already established or brand new business. Once you succeed in getting residency by investment, you will enjoy resident rights in Germany including a work permit in Germany.
Requirements
To start the application process, you need a to have a business idea, the necessary funds and an experienced immigration lawyer in Germany. Together with your immigration layer you will discuss the details of the residence application. You must also have a health insurance policy whose value amounts to a minimum of €30,000. Relevant marriage and birth certificates that pertains to you as an applicant, your dependents and spouse might also be required if applicable.
The process of securing an investor visa in Germany (residence and work permit) is challenging and you should talk only to experienced immigration consultants (e.g. Henley & Partners or Citizen Lane). However, it can be hassle-free if you get assistance from professionals. Whether you need Germany residency or if you decide for the citizenship St. Lucia option, you can get it easily with help from professionals. These are experts who understand the process and requirements that must be fulfilled.
