Best Golden Visa Lawyers in Erfurt

About Golden Visa Law in Erfurt, Germany

The concept of a "Golden Visa" refers to residency-by-investment programs that allow non-EU nationals to obtain residence permits, and sometimes eventual citizenship, by making qualifying investments in a country. In Germany, including the city of Erfurt, there is no dedicated "Golden Visa" program as in some other countries; however, the law does offer residence permits to individuals who make significant investments that create economic benefits, such as business establishment or substantial capital investment. These routes typically fall under the German Residence Act (§21 AufenthG) for self-employment or investment-based residency.

Why You May Need a Lawyer

German immigration and investment laws are complex, and requirements can vary depending on the applicant's country of origin, the investment planned, and local economic needs. You might need a lawyer if:

• You plan to start or invest in a business in Erfurt and need to understand the qualifying criteria.
• You need advice about fulfilling the documentation and legal obligations for your residency application.
• You are unsure about the type or structure of your investment to maximize eligibility for residency.
• Your application faces unexpected complications or delays from authorities.
• You need guidance on tax implications and compliance for investors and entrepreneurs.
• You require an advocate to liaise with local authorities or navigate appeals processes.

Local Laws Overview

In Erfurt, as in the rest of Germany, the process for gaining residency through investment hinges on national law but is implemented at the state and municipal level. Key legal points include:

• Self-employment Residency Permit (§21 AufenthG): Non-EU nationals can obtain a residence permit by investing in a business or starting a company in Germany, if the investment meets the "special economic interest or regional need".
• Investment Requirements: There is no fixed minimum investment sum, but authorities expect investments significant enough to benefit the local economy. Business plans, funding, and job creation are carefully evaluated.
• Approval by Local Authorities: The Erfurt Chamber of Commerce and local economic authorities review applications for their regional impact and viability.
• Permanent Residency and Citizenship: After several years of successful residency and business operation, you may apply for permanent residence and, in some cases, naturalization.
• Fulfillment of Integration and Language Requirements: Applicants must show integration into German society, sometimes including German language proficiency.

Frequently Asked Questions

What is a "Golden Visa" in the context of Germany?

Germany does not have a formal Golden Visa program but offers residency by investment, primarily through the self-employment/business entrepreneur route under German law.

Can I get German residency by buying real estate in Erfurt?

Simply buying real estate does not grant residency. However, real estate investment may form part of a broader business plan that creates economic value, which authorities can consider.

What is the minimum investment required?

There is no officially published minimum, but successful applications often involve investments of €250,000 or more, and the applicant should present a robust business plan and financial projections.

Does residency by investment lead to citizenship?

Yes, after several years (usually 6-8 years), meeting integration and residency requirements, you may apply for German citizenship.

Can family members accompany me?

Yes, eligible immediate family members (spouse and minor children) can apply for residence permits as dependents.

How long does the application process take?

Processing times vary, but initial approval may take between 3 to 9 months, depending on the complexity of your case and completeness of your documents.

Do I need to live in Erfurt permanently?

You are expected to spend most of your time in Germany and actively manage the business or investment qualifying you for the permit.

What documents are typically required?

Required documents usually include a valid passport, business plan, proof of investment funds, CV, references, and evidence of secure accommodation in Erfurt.

What happens if my application is denied?

You have a right to appeal a denial. Legal counsel can help you review the reasons for refusal and submit a revised or new application.

Will my investment be refunded if my application fails?

Since you must normally show a commitment to invest but not necessarily transfer all funds before approval, you should structure payments and business start-up plans with legal advice to minimize risk.

Additional Resources

For further information and reliable support about residency by investment in Erfurt, consider the following:

• Thuringian Chamber of Commerce and Industry (IHK Thüringen) - offers resources and contacts for business establishment in Erfurt
• Municipal Foreigners' Office (Ausländerbehörde) in Erfurt - provides official guidance on residency and legal requirements
• Federal Office for Migration and Refugees (BAMF) - national regulations and publications
• Local legal associations and immigration law specialists in Erfurt
• German Trade and Invest (GTAI) - information for foreign investors

Next Steps

If you are considering pursuing residency in Erfurt through investment, here are your suggested next steps:

• Assess your eligibility and clarify your investment or business idea.
• Contact a qualified lawyer in Erfurt specializing in immigration and investment law to discuss your case.
• Prepare a comprehensive business plan with the help of local consultants or legal advisors.
• Gather all required documents and evidence of your financial capacity.
• Submit your initial application to the relevant local authorities (such as the Ausländerbehörde) with legal representation, if possible.
• Monitor your application and respond promptly to any requests for more information or clarification.
• If you encounter difficulties, seek legal advice promptly to protect your interests and explore alternative options.

An experienced local lawyer will be your best resource to guide you step-by-step through the process, increase your chances of success, and help you make informed decisions.