Best Golden Visa Lawyers in Neubrandenburg

About Golden Visa Law in Neubrandenburg, Germany

The term "Golden Visa" in Germany commonly refers to residence permits granted to non-EU citizens who make significant investments in the country, especially through business activities. While Germany does not have an official "Golden Visa" program like some other European countries, it offers residence permits to investors and entrepreneurs who set up or invest in businesses within the country. In Neubrandenburg, as elsewhere in Germany, successful applicants can gain residency rights, with the opportunity to eventually apply for permanent residence and even citizenship, provided they meet specific requirements. Understanding these requirements and navigating the process can often require specialized legal guidance.

Why You May Need a Lawyer

Individuals seeking a Golden Visa or investor residency in Neubrandenburg might require legal assistance for a variety of reasons. The legal requirements and application processes are complex, and minor errors can lead to delays or rejection of applications. Common scenarios where a lawyer’s help is invaluable include:

• Evaluating eligibility for residency through business investment or entrepreneurship.
• Setting up a compliant business structure in Germany.
• Preparing and submitting the necessary documentation to authorities.
• Advising on tax implications and corporate law obligations.
• Communicating with local or federal immigration offices on the applicant’s behalf.
• Appealing decisions if an application is denied or delayed.
• Guiding the process for renewing residency permits or transitioning to permanent residency.

Because each applicant’s situation is unique and local laws can impact the process, a legal professional with experience in the Neubrandenburg area is especially valuable.

Local Laws Overview

In Neubrandenburg, as part of the State of Mecklenburg-Vorpommern, Golden Visa-related applications fall under federal German law, particularly Section 21 of the German Residence Act (Aufenthaltsgesetz), which governs residence permits for self-employed persons and investors. Key aspects include:

• Investment Amount: There is no official minimum investment threshold, but applicants must demonstrate that their investment is substantial and meets local economic needs.
• Business Plan: A comprehensive business plan showing economic viability and positive impact on the local economy or job creation is required.
• Local Approvals: The local Chamber of Commerce (IHK) and immigration office in Neubrandenburg play an important role in assessing the business' economic benefit.
• Other Requirements: The applicant must have adequate health insurance and secure financing for the business.
• Validity and Renewal: Initial permits are typically valid for up to three years, after which applicants can apply for permanent residency if their business is successfully established.

Laws and practices can change, so consulting a local lawyer ensures the most accurate and up-to-date advice.

Frequently Asked Questions

What is a Golden Visa and does Germany have such a program?

Germany does not have an official "Golden Visa" scheme, but it allows non-EU citizens to obtain residency through business investment or entrepreneurship under Section 21 of the German Residence Act.

What type of investment is required?

Applications are evaluated on the basis of economic benefit, job creation, and business viability rather than a fixed minimum investment amount.

Can I invest in real estate to qualify?

Usually, real estate investment on its own does not qualify; the focus is on active entrepreneurship and establishing or investing in a business that benefits the local economy.

Is residency through investment permanent?

Initially, residency is granted for a limited time (up to three years). If the business is established and continues to fulfill requirements, applicants may apply for permanent residency.

Can family members move with me?

Spouses and dependent children can usually accompany the main applicant, provided financial support is assured and accommodation is sufficient.

How long does the process take?

Processing times can vary, but generally expect several months from initial application to residency approval. Legal representation can help streamline the process.

What documentation is needed?

A detailed business plan, proof of investment funds, qualifications, CV, health insurance, and valid passport are typically required. Local authorities may request additional documents.

Can I work for another company or only for my own business?

The residence permit is tied to your specific business activity. Typically, holders are expected to focus on running and developing their own business.

What happens if my business fails?

If the business closes or fails to meet requirements, residency status may be affected. Professional legal and business advice is crucial to mitigate risks.

Where do I file my application in Neubrandenburg?

Applications are submitted to the local immigration office (Ausländerbehörde) in Neubrandenburg, with input required from the local Chamber of Commerce and other agencies.

Additional Resources

Individuals seeking further information or legal support in Neubrandenburg, Germany, may find the following resources useful:

• The local Ausländerbehörde (Immigration Office) in Neubrandenburg: Handles residence applications and inquiries.
• The Industrie- und Handelskammer (IHK) Neubrandenburg: Provides support for business setup and validation.
• Local law firms specializing in immigration and business law: Can offer tailored advice and representation.
• The Federal Office for Migration and Refugees (BAMF): Offers national guidance on residence and business permits.
• Professional tax consultants familiar with international investors: Essential for meeting tax and financial obligations.

Utilizing these resources is highly recommended for anyone new to the process in Germany.

Next Steps

If you are considering applying for investor residency or a so-called Golden Visa in Neubrandenburg, Germany, here is how you might proceed:

• Assess your eligibility based on your investment plans and background.
• Contact a local lawyer with expertise in immigration and business law to review your plans and provide personalized advice.
• Prepare the necessary documents, including a detailed business plan, funding verification, and evidence of qualifications.
• Reach out to the Neubrandenburg Immigration Office or a law firm to begin your application process.
• Stay informed of the specific requirements and deadlines relevant to Neubrandenburg and Mecklenburg-Vorpommern.
• Consider long-term residency and citizenship options with your legal advisor.

Careful planning and professional legal support can help ensure the best possible outcome for your Golden Visa application in Neubrandenburg.