With its strong economy, high living standards and excellent infrastructure, Germany has become one of the most popular destinations for immigrants around the world. One pathway to obtain permanent residency in Germany is through investment immigration programs. Compared to other European countries, the requirements for investment immigration to Germany are relatively moderate. This article will introduce the basic information, eligibility criteria, application procedures and benefits of obtaining german residency through investment.
Overview of german residency by investment
Germany launched the investment immigration program in 2005, which allows high net worth individuals to obtain permanent residency in exchange for a certain amount of investment. The minimum investment threshold is around 250,000 to 300,000 euros. Applicants need to invest in government bonds, real estate or establish a company and create jobs. The processing time is about 6-9 months. After 5-8 years of legal residency, applicants can apply for naturalization and obtain a German passport.
Benefits of german residency program
The biggest advantage of german residency by investment is the ability to live, work and study freely in Germany and the entire Schengen area. After naturalization, you can enjoy comprehensive welfare benefits like free education, universal healthcare, pension, etc. Germany boasts world-class education resources, globalized cities like Berlin and Munich, and a robust job market with abundant opportunities. Germany is situated in the heart of Europe which allows convenient travel. Permanent residents can also apply for E-2 investor visa to the US.
Eligibility criteria and requirements
The applicant should be at least 18 years old and have clean criminal record. They need to prove the legal source of investment funds through documents like bank statements. A basic level of German language proficiency may be required. The health and accident insurance is necessary to cover living costs in Germany. Under some federal states’ policies, the applicant should provide a business plan if investing through establishing a company. Hiring a professional immigration lawyer can help navigate the application process smoothly.
Investment options for german residency
The three investment options are: 1) Invest around 250,000 – 300,000 euros in real estate in Germany and hold for at least 5 years; 2) Invest around 250,000 euros in an active German company and create at least 5 local jobs; 3) Invest around 250,000 euros in German government bonds or stocks and hold for 5 years. Each option has its own pros and cons regarding costs, risk, return on investment and processing complexity. Applicants should evaluate thoroughly based on individual conditions.
Application procedures and processing
The first step is to choose the appropriate investment option based on your budget and goals. Then prepare all required documents including passport, proof of funds, health check certificate, etc. Hire a law firm to assist with form filling and application submission. Attend the residency interview at the immigration office. It takes around 6-9 months to get approval. Finally obtain the permanent residency permit card. Extend the permit every 2 years while meeting residency requirements until becoming eligible for naturalization.
Germany residency by investment program provides a feasible pathway for high net worth individuals and families. With proper amount and type of investment, excellent application preparation and legal support, applicants can obtain permanent residency and enjoy the high qualities of life, education, business and convenience in Germany.