Best Golden Visa Lawyers in Regensburg

About Golden Visa Law in Regensburg, Germany

The Golden Visa program is a type of residence permit offered by several EU countries to non-EU citizens who make significant investments, often in real estate or businesses. While Germany does not have an official program named "Golden Visa," it provides residence opportunities for foreign investors, entrepreneurs, and business owners through various investment-based immigration routes. In Regensburg, as in other parts of Germany, these residency programs are regulated by federal immigration laws but can involve local authorities for application and business establishment processes. Regensburg, with its strong economy and high quality of life, is an increasingly attractive city for investors seeking to obtain German residency through investment.

Why You May Need a Lawyer

Applying for a residence permit as an investor or entrepreneur in Germany involves complex legal requirements, extensive documentation, and navigating both federal and local authorities. Common situations where legal help becomes essential include:

• Understanding eligibility criteria for investor or entrepreneurial residency permits
• Structuring business plans to meet German investment standards
• Dealing with administrative requirements from local authorities in Regensburg
• Ensuring compliance with tax, corporate, and immigration laws
• Preparing and submitting accurate documentation to avoid delays or rejections
• Representing applicants in case of initial application denials

Local Laws Overview

Residency through investment in Regensburg must satisfy national German laws, including the Residence Act (Aufenthaltsgesetz), particularly Sections 21 and 7, which cover residence permits for self-employment, business owners, and investors. Additionally, local agencies in Regensburg, such as the Ausländerbehörde (Foreigners' Office), play a critical administrative role in processing applications. Key aspects of local regulations and procedures include:

• Proof of substantial investment in a local business or enterprise
• Business plans demonstrating economic benefit and sustainability
• Evidence of secure livelihood, including healthcare and housing
• Documentation translated into German and authenticated as necessary
• Regular renewal requirements and checks by local authorities

Frequently Asked Questions

What is the "Golden Visa" for Germany?

Germany does not have an official Golden Visa by that name, but it offers investor and entrepreneur residence permits to non-EU nationals who invest in the German economy, particularly through business creation or significant investment.

What is the minimum investment required?

There is no fixed minimum, but generally, investing at least 250,000 euros in a business or enterprise demonstrates the seriousness of the application. The authorities evaluate if the investment is sufficient to sustain the business and benefit the local economy.

Can I buy real estate to qualify for the Golden Visa?

Simply purchasing real estate does not qualify. The investment must be in an active business enterprise, though real estate can be part of a business plan, such as operating a hotel or rental company.

Do I have to manage the business myself?

Yes, entrepreneur visas generally require active involvement in managing the business. Passive investments, where the applicant does not have a management role, do not typically qualify.

How long is the residence permit valid?

Initial permits are generally issued for three years. If the business is successful and meets expectations, permanent residence may be available after this period.

Can my family join me in Regensburg?

Yes, immediate family members such as spouses and minor children may apply for family reunification after you receive your investor or entrepreneur residence permit.

What documents are typically required?

Typical requirements include a detailed business plan, proof of investment funds, professional qualifications, health insurance, and evidence of secure accommodation in Regensburg.

Is knowledge of German language necessary?

While not a strict requirement for initial permits, knowledge of German greatly benefits applicants in both the application process and daily life in Regensburg. For permanent residence, basic language proficiency is required.

What happens if my business fails?

If the business ceases to operate, your right to reside in Germany may be affected. Each case is reviewed individually, and alternative legal options may exist with legal assistance.

How long does the application process take?

Processing times vary but typically range from several months to one year, depending on the complexity of the case and the responsiveness of authorities in both Regensburg and your home country.

Additional Resources

Several organizations and government bodies provide information and assistance for those interested in investor residence permits in Regensburg, including:

• Regensburg Ausländerbehörde (Foreigners' Office)
• Industrie- und Handelskammer Regensburg (Chamber of Commerce)
• Federal Ministry of the Interior
• Federal Office for Migration and Refugees (BAMF)
• Local law firms specializing in immigration and business law

Next Steps

If you are considering applying for a residence permit as an investor or entrepreneur in Regensburg, take these steps:

• Evaluate your investment plans and ensure they align with German legal requirements
• Prepare documentation, including a viable business plan and proof of funds
• Consult with a qualified local lawyer experienced in immigration and business law
• Schedule an appointment with the Regensburg Ausländerbehörde for personalized advice
• Keep all records and correspondence organized for future reference or renewal