Germany
Residence permit, Visa, Citizenship
Benefits of residence permit in Germany:
- Free education for children.
- Opportunity to obtain permanent residence.
- German citizenship after seven years.
- The right to enter Germany even if the borders are closed. At the same time, living in Germany is a right, not an obligation of the applicant. The law does not specify a minimum number of days of stay in the country.
- Travel without visas in the Schengen countries, simplified visas to the US and the UK.
- The applicant is not required to take German proficiency exams.
- The spouse of the investor, as well as minor children, are also eligible for a residence permit.
Conditions for obtaining a residence permit:
- the age of the applicant is over 18 years old.
- The legality of the source of income, while it does not matter from which country the funds come.
- The applicant must conclude a long-term rental agreement in Germany or own real estate.
- The applicant must have a capital confirming his solvency in the amount of 1 million euros (this can be shares, real estate or other assets) and a monthly income of about five thousand euros (if the applicant is alone) or six to seven thousand euros (for a family).
- The services of lawyers during the initial registration of a residence permit range from 20 to 40 thousand euros.
- Administrative fees for obtaining a residence permit are about 300-400 euros per person.
- The applicant is obliged to take out a health insurance policy, the cost is from a thousand euros per year.
- The applicant is required to rent housing for the long term.
Catalogue Best real estate deals in Germany
€ 2 000 000
Commerce property, For sale
ID: DE-222-143380
Germany, Saxony, Chemnitz
€ 5 000 000
Commerce property, For sale
ID: DE-222-143379
Germany, Saar, Saarbrücken
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