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Business Immigration for investors in Germany

Business immigration for investors & entrepreneurs

The German immigration law is very complex and has also been subject to constant change in recent years. It is therefore recommended, especially at the beginning, to evaluate one of the existing immigration law options with the support of a specialized German immigration lawyer in order to avoid possible mistakes.

 

As part of an independent business activity in Germany, entrepreneurs and investors from non-EU countries who intend to manage their company themselves have the legal option of applying for a national visa or a German residence permit in accordance with Section 21 of the Residence Act.

The general requirements of § 21 Self-employment (Residence Act)

To obtain a visa for business immigration for investors in Germany, you will need to meet, among other things, the following general requirements:

Investment in Germany: You must make a significant investment in Germany, which can be either in a new or existing business. The investment must be considered to have a positive effect on the German economy. The following are required – cumulatively:

  • an economic interest or a regional need,
  • the expectation of positive effects on the economy and
  • financing secured by equity or a loan commitment.

Business plan: You must have a comprehensive business plan that outlines the details of your investment and how it will contribute to the German economy. The business plan should cover a period of three years and usually contain a liquidity plan, capital requirements plan, financing plan and a detailed earnings forecast in addition to a detailed business concept. Your business plan should also provide information about your qualifications and experience.

Financial stability: You must have sufficient funds to support yourself and any dependents during your stay in Germany. If the business plan drawn up requires self-financing, evidence of the calculated liquid funds must also be provided in this regard.

Support from German immigration lawyer for Business Immigration

Germany well-known as the world’s startup center

There are many benefits of having an experienced German immigration attorney to support the entire visa procedure. An attorney can help you navigate the complex visa application process, ensure that your application is complete and accurate, and advise you on any potential issues that may arise. The German immigration lawyer can also represent you in any legal proceedings related to your visa application or residence permit. Additionally, an attorney can provide valuable advice on setting up your business in Germany, including legal and tax considerations. With an experienced immigration attorney on your side, you can be confident that you are taking the right steps to successfully obtain your business immigration visa for Germany.

Applying process for the national visa for Business Immigration

The process for applying for a national visa for self-employment in Germany according to § 21 AufenthG (German Residence Act) generally involves in der Regel the following steps:

Research: You should research the requirements and eligibility criteria for the self-employment visa according to § 21 AufenthG. We are happy to evaluate your individual case to advise you on the legal requirements and the chances of success. Ask for an individual case evaluation.

Application: Once we have determined that you meet the requirements for the self-employment visa, we advise and support you in preparing and compiling the necessary application documents, including filling out the prescribed application forms. You will need to submit the completed application form along with the required documents personally.

Documents: The required documents for the self-employment visa application typically include:


  • Valid passport 
  • Biometric passport photos
  • Proof of health insurance
  • Proof of financial resources to support yourself during your stay in Germany
  • Business plan detailing your planned self-employment activity in Germany
  • Proof of qualifications and experience in your chosen field
  • Proof of legal right to use any necessary licenses or patents
  • Evidence of any partnerships or collaborations you have in Germany.


Appointment: As soon as all the documents relevant to the application have been submitted and prepared, you can submit your application in person to the locally responsible German diplomatic mission at your place of residence. A corresponding appointment is required for the personal application.

Interview: At the visa appointment, you will be interviewed by a consular officer who will ask you questions about your self-employment plans in Germany and your qualifications and experience in your chosen field.

Processing time: The processing time for the self-employment visa application can vary, but it typically takes several months. This is due in particular to the fact that the responsible diplomatic mission abroad, when making the decision on issuing the national visa, must consult both the locally responsible foreigners authority at the future place of residence and the competent chamber of industry and commerce.

Decision: Once the visa application has been processed, you will be notified of the decision. If your visa is approved, you will receive a visa sticker in your passport that allows you to enter Germany and stay for the duration of your visa.

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