Best Golden Visa Lawyers in Bielefeld

About Golden Visa Law in Bielefeld, Germany

The concept of a "Golden Visa" typically refers to residency rights offered to foreign nationals in return for significant investment, often in real estate, business, or government bonds. While Germany does not officially use the term "Golden Visa," it does permit non-EU citizens to obtain residency through investment pathways, usually under the "Residence Permit for Entrepreneurs" (§21 of the German Residence Act). In Bielefeld, as in the rest of Germany, this means foreign investors can potentially gain residence by establishing a business or making substantial investment contributions that benefit the local economy.

Why You May Need a Lawyer

Navigating the application process for a residence permit via investment in Bielefeld can be complex due to strict requirements and thorough scrutiny from local immigration authorities. Common reasons for seeking a lawyer include:

• Understanding eligibility based on your investment or business plans.
• Preparing required documents, such as business plans, financial projections, and investment proofs.
• Communicating with local authorities and meeting detailed application guidelines.
• Solving issues arising from rejected or delayed applications.
• Complying with ongoing legal requirements to maintain residency status.
• Clarifying how residency rights extend to family members.

Local Laws Overview

In Bielefeld, as throughout Germany, the key legal instrument for investment-based residency is §21 of the Aufenthaltsgesetz (German Residence Act). Essential requirements include:

• Making a significant economic investment (no legal minimum, but must be plausible and sufficient for business sustainability).
• Presenting a viable business plan which demonstrates potential economic benefit to the region.
• Providing evidence of secure financing for the business venture.
• Demonstrating personal qualifications and relevant experience.
• Gaining approval from local economic authorities and the Bielefeld immigration office.

Frequently Asked Questions

What is a Golden Visa in the context of Germany?

Germany does not have a program officially called "Golden Visa," but offers residency to foreign nationals who invest in and manage business enterprises under §21 of the Residence Act.

What type of investment is required for the residence permit as an entrepreneur?

Applicants must establish or invest in a business that positively impacts the German economy, with no officially set minimum amount but generally at least €250,000 is expected.

Can I invest in real estate to get a residence permit in Bielefeld?

Real estate investment alone is not sufficient. The primary pathway is through active entrepreneurial activity and job creation, not passive investment.

Do I need to live in Bielefeld permanently for the duration of the permit?

You should demonstrate substantial presence in Bielefeld and maintain active management of your business, but limited travel is allowed.

How long does the application process take?

It varies, but typically takes several months, depending on the completeness of your application and the responsiveness of authorities.

Can my family members come with me?

Yes, spouse and minor children can apply for residence permits as family members under family reunification rules.

Is language proficiency required?

Knowledge of German is not strictly required for initial entrepreneur permits, but will be important for integration and eventual permanent residency.

What happens if my business fails?

Loss of the business can risk your residency status, but each case is examined individually. Immediate legal advice is important in this situation.

Can the residence permit lead to permanent residency or citizenship?

Yes, after several years (typically three for entrepreneurs), you can apply for permanent residency. Citizenship is possible after additional years and fulfilling integration requirements.

Do I need a lawyer to apply?

While not legally required, professional legal support is highly recommended due to the complexity of the process and high documentation standards.

Additional Resources

Helpful organizations and authorities include:

• Bielefeld Immigration Office (Ausländerbehörde Bielefeld) - Handles residence permit applications and inquiries.
• Chamber of Industry and Commerce (IHK Ostwestfalen zu Bielefeld) - Supports entrepreneurs and reviews business proposals.
• German Federal Office for Migration and Refugees (BAMF) - Provides official information about residence permits and laws.
• Local Bar Association (Rechtsanwaltskammer Hamm) - Can help you find a specialized immigration or business lawyer.
• Business Development Office of the City of Bielefeld - Assists with establishing new businesses and investments.

Next Steps

If you are considering a Golden Visa-style investment in Bielefeld, take these steps:

1. Define your investment or business plan, focusing on local economic benefit.
2. Assess your eligibility and gather necessary documents (personal identification, proof of funds, business plan).
3. Contact local authorities or business support organizations for initial guidance.
4. Consult with a qualified local lawyer experienced in immigration and investment law. They can clarify your situation and help prepare your application.
5. Submit your application to the Bielefeld Immigration Office and follow up as advised by your lawyer.
6. Prepare for interviews or additional document requests.
7. Once approved, comply with all regulations to maintain your status, and seek ongoing legal advice for renewals or changes.