The German government intends to encourage investors wishing to expand their horizons and achieve their ambitions to invest in one of the strongest global economies, by providing many good, promising, and easy investment opportunities and offering many facilities to attract investments and boost the growth of the German economy.
After Germany was at the forefront of attracting foreign workers by offering many residency programs for professional workers and nurses, it has now turned to focus on attracting investors more than before.
Interesting Facts:
German law does not distinguish between the German investor and the foreign investor in terms of privileges and opportunities.
As a result of the superiority of the German economy in the world (first in Europe - fourth in the world), investment in the German market is one of the most successful investments in the world.
Germany is a leading country in manufacturing cars, spare parts, and industrial machinery, information and communication technologies, in addition to financial services, equipment, consumer goods, and chemicals.
Germany considers a safe environment for investment due to the binding and governing laws guaranteeing property rights and tax facilities and their flexibility.
Therefore, Germany is ranked fifth in the world in terms of foreign investments in it.
There are currently more than 45,000 foreign companies in Germany, employing about three million people.
These companies produce nearly 1,600 billion euros in sales, which represents 27% of the total value added in Germany.
Advantages of Germany Residency by Investment Programme:
Easy access to EU Schengen countries.
Good living and a first class healthcare system.
Excellent Education.
Safety, Germany is a peaceful and politically stable country.
High quality living standards.
Full confidentiality in carrying out the procedures.
Beautiful country, rich culture and heritage. Different terrain of rivers, lakes, mountains, farms, etc.,
Lowest crime rate in Europe.
THE MAIN STEPS TO GET GERMAN RESIDENCY:
The process may be simplified into the following steps:
Step 1
Register your German address; the first requirement in order to reside in Germany is to register your new German address with the authorities, and you must fulfill it in order to be eligible for a residence permit. (Not registering the address leads to getting fine and the permit might be denied).
Step 2
After you complete your registration, you will get a certificate which must be attached to the application.
Step 3
Issue a Health Insurance: Germany requires you to Issue a Health Insurance before applying for the residence permit.
Step 4
Bank Account: open a German bank account and transfer your funds, then you get the financial bank statements to prove you can support yourself and your family financially.
Step 5
Fill the application form and set an appointment.
Step 6
Attend your appointment (either at the immigration office in Germany or German consulate in your country or residence place) and have an interview to check your application document, if everything is fine you will be asked to wait till the process is finished in order to get the residence permit.
Step 7
The residence permit request takes around two months to be processed then you will get your residence permit.
Obtaining a German residence permit as an owner of an investment business or a self-employed person is showing that the business will have positive effects on the German economy.
Business investors can grant a residence permit through founding a German company with a minimum amount of EUR 250,000.
Who is able to apply it?
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.
