Germany's Investor Immigrant Golden Visa Scheme - Application and Requirements

Germany is one of the most powerful countries in the world. Many highly educated professionals from around the world want to move here for career and business opportunities. The good news for investors is that they can apply for Germany visa online and get a residence permit that will allow them to stay in the country for up to 3 years. They can get many benefits through this German Residence Act Article 21 program. The following information will illuminate you about Germany’s investor immigrant golden visa scheme. 

Why Go for Investment Visa

Good Returns 

Getting Germany citizenship by investment is one of the best ways, because not only do you get residence, but you can also end up getting good returns on your investment. The German economy is the strongest among the EU nations, so your investment is arguably safe.

Family Eligibility 

Once you gain residency, your dependents like your spouse and children who are underage and adult children who are dependent on you can apply for residency. This facility is extended to immediate family only. 

Good Life

Germany ranks high on the Human Development Index. The country's citizens get many benefits like good education, healthcare, and social security. The people in the country have a good life. 

Get Citizenship 

Investing in Germany will fast-track your application for residency in the country. If you get residency and manage to legally stay in the country for up to 8 years, you can become eligible for German citizenship. 

How Does Investment Citizenship Work?

Though there is no Germany golden visa programme or direct citizenship linked to your investment, what you do need to do is start a business in the country that will employ at least 5 people or more. This is seen as an investment and contribution to the German economy and after you have successfully run your business for more than 3 years, you will get permanent residency which can be converted to citizenship after 8 years of residence in Germany. 

Requirements for German Investor Visa

Also sometimes referred to as a self-employment visa, here are Germany investor visa requirements:

  1. Ensure you are of legal age, i.e., 18 years and above. 
  2. You should not have any criminal record in any country in the world. 
  3. You should have a strong and comprehensive business plan that’s sensible. 
  4. You need to have the know-how and experience of starting a business. 
  5. Hire at least 5 people and recognise it as a German business. 
  6. Legally raise money through loans or financing to start a business. 

Application Process

The following is the step-by-step application process for Germany residency by investment:

Create a Business Plan

Your business plan has to be good because it will be reviewed by the German Chamber of Commerce & Industry. Therefore, ensure it is a solid, profitable plan that will contribute to the German Economy. 

Start the Application Process

If your business gets approval, you can officially apply for self-employment or German citizenship by investor visa. This visa is the only way you can come to Germany and start a business. 

Secure a Temporary Residence Permit 

The country’s immigration department will grant you a temporary residency permit that allows you to stay in the country for 3 years. 

Get a Permanent Residency Permit 

After completing 3 years of residency and running a business in the country, you can apply and get permanent resident status which will further open doors for you to get citizenship. 

Get German Citizenship

After you have completed 8 years in the country and assimilated well, and speak fluent German, you can apply to become a German citizen. 

Documents Required for an Investment/Self-Employment Visa

  • Valid Passport
  • Recent Passport Photograph
  • Detailed Business Plan
  • Finance or Financing Plan for Business
  • Proof of Finances
  • Source of Finances
  • Your Resume
  • Documents Supporting Your Education
  • Documents Showing Registration with German Trade Register
  • Proof of Residency in Germany
  • Health Insurance

Once you have all the documents and know the processes, you get an opportunity to start a business and live in Germany. Though a golden visa in Germany, this investment visa fulfils this requirement. But don’t think of doing business just to get a visa, get a visa to do business because Germany is an amazing country for business.

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