Germany golden visa / investment residence explained

What Is Germany's Investment Residence Program?

Germany doesn't officially call it a "golden visa," but it does offer residence permits for people who invest in the country or start a business. The main option is the Startup Visa for entrepreneurs and the Residence Permit for Self-Employed Persons. These allow you to live in Germany while building or running a business that benefits the local economy.

Who Can Apply?

You typically need to:

• Have a solid business plan that shows how you'll create jobs or bring investment to Germany
• Prove you have enough financial resources to support yourself and your business
• Show relevant professional experience or qualifications in your field
• Demonstrate that your business is viable and will serve the German market

The exact requirements depend on which residency track you're pursuing. Startup founders may have slightly different criteria than self-employed professionals.

The Application Process

Getting an investment residence permit usually involves:

• Preparing a detailed business plan in German or English
• Gathering financial documents and proof of funds
• Meeting with your local immigration office (Ausländerbehörde)
• Obtaining approval from a business chamber or trade association
• Submitting your residence permit application

The timeline and specific steps vary by state (Bundesland), so check your local immigration office's website for exact procedures.

Key Benefits

• Long-term residency: Start with a residence permit, potentially leading to permanent settlement status
• Family eligibility: Your spouse and children may join you under family reunification rules
• Work freedom: Run your business and employ staff without separate work permits
• Path to citizenship: After several years of residence, you may qualify for German citizenship

Costs and Finances

You'll need to show sufficient funds, but Germany doesn't set a fixed minimum investment amount like some other countries do. Instead, authorities assess whether your business plan is realistic and whether you can support yourself. Plan for business registration fees, visa application costs, and living expenses.

Important Points to Remember

• Germany prioritizes businesses that create jobs or bring innovation
• You must register your business with local authorities
• Having health insurance is mandatory
• Speak with the chamber of commerce (Industrie- und Handelskammer) in your region early in the process
• Requirements and procedures vary by state

This is general self-help information, not legal advice. Always verify current rules on the official government website.