Best Golden Visa Lawyers in Turku

About Golden Visa Law in Turku, Finland

The "Golden Visa" is commonly understood as a residency by investment program, allowing foreign nationals to obtain residence permits in exchange for significant investments in a country. While many European Union countries have such formal programs, Finland does not have an official Golden Visa scheme in the traditional sense as of 2024. However, residence permits for investors and entrepreneurs are available, particularly for those founding or owning businesses or making substantial investments in Finland. Turku, as a vibrant economic and cultural hub in southwestern Finland, attracts foreign investors, entrepreneurs, and professionals seeking to establish themselves and their families. Navigating these legal processes can be complex and often requires specialized legal guidance.

Why You May Need a Lawyer

Seeking legal assistance during a Golden Visa or investor residence permit application in Turku is highly advisable for several reasons. Finnish immigration law is nuanced, and requirements can be strict. Here are some common situations where legal help is beneficial:

• You are unsure whether your investment or entrepreneurial activity qualifies under the current Finnish laws.
• You need to prepare and submit complex documentation, including business plans, financial statements, and application forms.
• Your application was previously rejected or delayed and you wish to file an appeal or reapply.
• You want to bring family members with you and are navigating family reunification rules.
• You are concerned about compliance with Finnish tax, employment, or corporate regulations.

A lawyer knowledgeable in Golden Visa and residence permit law can help you avoid costly errors, represent you in dealings with authorities, and enhance your chances of a successful application.

Local Laws Overview

In Finland, residence permits for investors and entrepreneurs are governed primarily by the Finnish Aliens Act, the Act on the Promotion of Foreign Investments, as well as various tax and business operation regulations. The Finnish Immigration Service (Migri) is the main authority processing applications. Key aspects of the law in Turku include:

• Investment Thresholds - While there is no minimum set for a "Golden Visa," applicants must demonstrate their investment is substantial and beneficial to the Finnish economy.
• Business Requirements - Entrepreneurs must show the business is registered in Finland, is operational, and has secure funding and a viable business plan.
• Background Checks - Authorities conduct thorough background checks to ensure applicants have no criminal record and have obtained funds legally.
• Maintenance of Permit - Permits are typically issued for a fixed term, often one to two years initially, with possibility for renewal upon continued fulfillment of requirements.
• Family Reunification - Your family may be eligible to also receive residence permits, subject to proof of sufficient income and accommodation.

Frequently Asked Questions

What is the closest thing to a Golden Visa in Finland?

Finland does not have an official Golden Visa scheme, but it offers residence permits for investors and entrepreneurs who make substantial investments or start businesses in the country.

How much do I need to invest to be eligible for a residence permit in Turku?

There is no fixed minimum, but you must show that your investment is significant, your business is viable, and you have the necessary funds for both the business and your living expenses.

Is buying property in Turku enough to get a residence permit?

Simply purchasing property in Turku does not qualify you for a residence permit. Permits are usually granted for business investment and entrepreneurial activities.

Can my family accompany me if I obtain an investor or entrepreneur permit?

Yes, your spouse and minor children can apply for residence permits based on family ties, provided you can support them financially.

How long is the residence permit valid?

First permits are typically valid for one to two years, and can be renewed if you continue to meet all requirements.

Can I qualify for permanent residency or citizenship through the investor route?

After four years of continuous residence, you may apply for a permanent residence permit. After five years, you may become eligible to apply for Finnish citizenship if all criteria are met.

Can I switch from another type of residence permit to an investor or business permit in Turku?

Yes, if your activities in Finland change and you fulfill the criteria for a new permit type, you can apply to change your status.

Do I need to live in Turku full time?

Continuous or ordinary residence in Finland is expected, and the address must be registered. Extended stays outside Finland can affect your permit status.

What documents are required for an investor or entrepreneur permit?

Typically, you need a valid passport, business plan, financial documentation, proof of investment, evidence of sufficient funds, and in some cases, a clean criminal record certificate.

Where do I submit my application?

Applications can be submitted online through the Finnish Immigration Service portal or at Finnish missions abroad. In Turku, local authorities may assist, but final processing is by Migri.

Additional Resources

If you are seeking more information on Golden Visa-equivalent residence permits in Turku, Finland, the following organizations and bodies can be highly useful:

• Finnish Immigration Service (Migri) - Main resource for residence permit applications and guidelines
• Business Finland - Support and advice for foreign investors and entrepreneurs
• City of Turku Immigrant Advice Service - Guidance for newcomers in Turku
• Local Bar Associations - Listings of qualified immigration and business lawyers in the Turku area
• Finnish Tax Administration - Information on tax obligations for residents and business owners

Next Steps

If you are considering applying for an investor or entrepreneur residence permit in Turku or require legal clarification on any aspect of Golden Visa-related matters, start by gathering all relevant documents and outlining your intended business or investment plan. Next, consult an experienced immigration or business lawyer in Turku who understands both Finnish law and local practices. Legal experts can help you assess your eligibility, assist with preparing and submitting your application, and represent you in communications with Finnish authorities. Early legal guidance can save time, avoid mistakes, and greatly improve your chances of a positive outcome.

Consider scheduling your consultation as your first action step to begin your path toward residency in Turku through investment or entrepreneurship.