Book Free Consultation

x

German Entrepreneurial Residency Program


The German Entrepreneurial Residency Program is one of the premium choices for foreign entrepreneurs seeking European residency along-with high quality lifestyle and well-established domestic infrastructure.

Germany is one of the world's most dominant economic powers with a GDP of over EUR 3 trillion. It is the largest and most influential country in Central Europe and is known for its efficient production of high-tech products, innovation and high-quality lifestyle. Germany is a hotbed for investments with many global corporations having a local presence in this region.

Alongside a booming economy, Germany has an internationally renowned education system, playing host to some of the most prestigious schools and universities in Europe. German residents enjoy a very high standard of living, a modern and affordable health service and unrivalled travel infrastructure.

Key facts:

  • Germany represents the economic engine of Europe and is ranked in the TOP 3 largest export nation worldwide
  • One of the most politically stable countries in the world
  • Free education system
  • World class Healthcare facilities
  • Excellent domestic infrastructure
  • Stable investment environment
  • International pioneer for climate protection and expansion of clean energy
Highlights

CAPITAL CITYSCHENGEN AREATOTAL AREALANGUAGES
BerlinFull Member Since 1958357,376 km2German, English
CURRENCYPOPULATIONTIME ZONEGDP
Euro82.79 Million (2017)Central European Time Zone (UTC+01:00)€ 3.23 Trillion (2017)
Legal Basis

Pursuant to the German law, foreign nationals may be granted German residency under Section 21 of the German Residence Act (Aufenthaltsgesetz, AufenthG). The entrepreneur will receive a three-year temporary residence permit upon their engagement, which is then converted into permanent residence in year four. Residency is extended to spouse and children who are under the age of 18.

Benefits

  • Program covers the whole family (spouse, children under 18)
  • Free education in schools and universities (including English courses)
  • Seek exposure to the largest and most stable economy in Europe
  • Freedom to travel within across 26 countries of the Schengen Zone
  • Low entry investment in German real estate
  • High rental yields, with property prices rising on a yearly basis.
  • No requirement for management experience or education credentials
  • Eligible for citizenship after 8th year of residence
Eligibility

Criteria for being eligible for temporary residence

  • Engage in entrepreneurial activity in Germany
  • German health insurance
  • Residential address in Germany
Process & Timeline

Step 1

  • Main applicant and family members apply for the program by depositing a re-fundable down payment
  • Legal counsel will initiate the residency process
Step 2

  • Pre-approval will be issued by the local German authorities
  • Pre-approval will be sent to the respective German embassy in the applicants' country of origin
  • Legal counsel opens an escrow account under the applicants' name
  • Applicant transfers the remaining balance to the escrow account within 14 days after receiving the pre-approval
Step 3

  • Applicant and family members apply for the D-Visa at their local German embassy - valid for 90 days
Step 4

  • Issuance of D-Visa (valid for 90 days)
  • Applicants travel to Germany within 90 days and complete the residency application process with the local authorities
Why us!

  • Fast-track application supported by in-house legal counsel to assist in the application
  • Strong relations with City to provide the entrepreneur an stress-free pathway to residency
  • Local partners on ground to offer the entrepreneur business setup and market research services
  • Creating multiple business opportunities in close cooperation with the city government
  • Assisting our clients establish routes and engage in further business activities within the local economy
  • Combined experience of more than 100 years of Real Estate market in Germany
  • 100% application success rate
FAQs - Finance


Even if we receive only 1 applicant, we will source a project that will fit the investment size and will be subject to the approval of the applicant(s).


The management company (GmbH) will be taxed in Germany under German tax rules. The share in the Offene Handelsgesellschaft (OHG) is personal and will be taxed according to the double tax agreement between Germany and the respective home country as long as the applicant's primary residence is outside of Germany.


  • Applicants pay a refundable deposit in order to reserve a unit in the residential development and confirm their allocation into the development fund. This initiates the application process for the "pre-authorization". In the event the "pre-authorization" is rejected, the deposit is 100% refunded to the applicant.
  • Once the "pre-authorization" is issued, the granting of the Temporary Residence can be considered certain. At that point the total investment amount and associated fees have to be paid to a applicant's Trust Account managed by Brockhaus & Kollegen . The initial deposit paid shall be deducted from the overall balance due.

The purchase of the flat is paid in full by the applicant. Once the flat is ready, applicant may approach banks for financing. For the development fund, financing is possible on the Real Estate GmbH. Given the value of the investment, 50% financing is very realistic.


Yes, already with the Temporary Residence, the applicant can enter any Schengen country directly and travel within the Schengen countries for up to 3 consecutive months.

FAQs - Legal


On the basis of the initial application in a German Consulate or Embassy in home country a "pre-authorization" is issued by Municipal Immigration Authority. From that point the granting of the Residence Status is considered certain.


Yes, it can be considered certain as the criteria that have to be met are the same as for the granting of the Temporary Residence. The applicant has to be self-employed, be able to take care of himself and his family members in Germany and all applicants need to have health insurance. So as long as no criminal offenses are committed and the applicants do not apply for German social aid, the Permanent Residence Permit will be granted.


Yes it is valid all over Germany and allows for borderless traveling in all Schengen countries (Foreigners' law)


One spouse, children (until the end of their 18th year) and parents who need care can be included in the application. (Foreigners' law)


After a total of 8 years of Residence, 3 years of Temporary Residence plus 5 years of Permanent Residence, an application for a German passport can be made earliest. To apply for a German passport additional requirements has to be fulfilled (individual situation check & German language skills are a must)

FAQs - Other


The flat fulfils the requirement of having a German address for the 3 years of Temporary Residence. During the construction period, applicants will be required to rent a different flat to fulfil this requirement. Once the development is complete, the flat purchased can be used as the residential address for the remaining period of the temporary residence.


No, the applicant and his family members, who have applied for the Residence just have to travel to Germany to do the application in person. After that they can leave and receive the Temporary Residence card by mail.


Yes, however it will make the process more time consuming. So the simultaneous application is recommended


The shareholders of the OHG together own 100% of the GmbH and therefore have full voting rights over the companies and assets acquired by the structure.

Book Free Consultation
x

Get the answers you need!

We're here to help. Please follow the steps to book free 15-min phone consultation. Alternatively, you can mail us at info@oasis-india.com

Book Free Consultation