Best Golden Visa Lawyers in Leipzig

About Golden Visa Law in Leipzig, Germany

The "Golden Visa" is an informal term used to describe residency by investment programs in various countries. In Germany, there is no specific "Golden Visa" scheme as in some other EU countries. However, a comparable route is available through the “residence permit for self-employment” under Section 21 of the German Residence Act (Aufenthaltsgesetz). This pathway is open for non-EU/EEA citizens who seek to invest in Germany by starting or acquiring a business. Leipzig, as part of the federal state of Saxony, offers a vibrant ecosystem for entrepreneurs and investors, making it an attractive location for such residency options.

Why You May Need a Lawyer

Applying for residency by investment in Leipzig involves complex legal and procedural requirements. Here are common situations where legal advice can be invaluable:

• Understanding eligibility requirements and suitable investment types.
• Navigating the application process, including documentation and interviews.
• Assisting with business formation, acquisition, or partnering in Leipzig.
• Advising on tax implications and compliance with local employment and corporate laws.
• Dealing with rejections, appeals, or extension procedures.
• Ensuring family members' eligibility and applications are handled properly.
• Managing transitions to permanent residency or citizenship pathways.

Local Laws Overview

In Leipzig, as part of Germany, the primary legal framework for residency by investment falls under the German Residence Act (AufenthG), specifically Section 21 concerning self-employment. Key requirements and processes include:

• Investment Requirement: There is no formal minimum investment but it is generally expected to be substantial and sufficient to realize the intended business.
• Business Plan: Applicant must present a convincing business plan demonstrating the viability and benefit to Leipzig’s economy.
• Local Economic Interest: The business must meet local or regional economic interests, such as creating jobs or fostering innovation.
• Personal Requirements: Proof of experience, qualifications, clean criminal record, and adequate health insurance are needed.
• Business Structure: Incorporating a company (e.g., GmbH) or acquiring an existing enterprise is typical.
• Process: Applications are submitted to the local Foreigners’ Authority (Ausländerbehörde) in Leipzig, often requiring coordination with Brighter Saxony and the Chamber of Commerce.
• Family Reunification: Spouses and minor children may apply for residence permits as family members of the main applicant.

Frequently Asked Questions

What is the German equivalent of a Golden Visa?

Germany’s equivalent is a residence permit (Section 21 AufenthG) for self-employment, which allows non-EU citizens to live and work in Germany after investing in a local business.

Is there a minimum investment amount required?

There is no official minimum, but investments are typically in the range of EUR 100,000-250,000 or more to demonstrate seriousness and meet authorities’ expectations.

Who is eligible to apply for investment-based residency in Leipzig?

Non-EU/EEA nationals who intend to start or acquire a business in Leipzig with a viable plan benefitting the local economy can apply.

Can buying real estate qualify for the Golden Visa in Leipzig?

No, simple real estate purchase generally does not qualify. The focus is on productive investment through business activities creating economic value.

How long does the application process take?

Processing times vary, but it generally ranges from 3 to 6 months, depending on the complexity of the application and the authorities’ workload.

Can family members come with me under this program?

Yes, spouses and minor children are eligible for family reunification residence permits once your application is approved.

What are the requirements for renewing the residence permit?

You must prove your business is active, economically beneficial, and meets initial commitments. Renewals are usually granted for 1 to 3 years.

Is permanent residency or citizenship possible with this route?

Yes, after several years (usually 3-5 for permanent residency and 8+ for citizenship), holders may apply if additional requirements are met (integration, language, financial stability).

Do I need to speak German?

While not mandatory at the outset, basic knowledge of German is recommended and required for long-term integration and for applications for permanent residency or citizenship.

What happens if my application is denied?

A lawyer can help challenge or appeal a denial, clarifying or supplementing documentation to address authorities’ concerns.

Additional Resources

• Leipzig Foreigners’ Authority (Ausländerbehörde): Main office processing residence permits and investment applications.
• Chamber of Industry and Commerce (IHK Leipzig): Offers business registration guidance and assessment of business plans.
• Saxony Economic Development Corporation: Provides resources for investors in the Saxony region.
• Federal Office for Migration and Refugees (BAMF): National guidance on residence rights and integration.
• Certified Immigration Lawyers: Specialists in immigration and business law in Leipzig.

Next Steps

If you are considering applying for investment-based residency in Leipzig, Germany, here are the steps you should follow:

1. Outline your investment plans and determine if they align with local economic interests.
2. Consult with an immigration lawyer experienced in business investment routes to assess eligibility and prepare your application.
3. Gather the required documentation, including a detailed business plan, proof of funds, personal documents, and insurance proof.
4. Submit your application to the Leipzig Foreigners’ Authority (Ausländerbehörde).
5. Address any additional requests or interviews from authorities, with legal support if needed.
6. After arrival, continue compliance with local business regulations and seek legal advice for renewals or transitioning to permanent residency or citizenship.

Starting early, seeking professional advice, and maintaining open communication with local authorities are key to a successful application.