Best Golden Visa Lawyers in Valby

About Golden Visa Law in Valby, Denmark

The Golden Visa program is an initiative by various countries that allows foreigners to obtain residency or citizenship through investment. Denmark, including the Valby area in Copenhagen, does not operate an official program titled "Golden Visa" as known in other European countries like Portugal or Spain. Instead, Denmark offers a range of residence permits for investors, entrepreneurs, and individuals who can contribute significantly to the Danish economy. These permits typically fall under business, entrepreneurship, or startup visas and can provide pathways for foreign nationals and their families to live and work in Denmark, including Valby.

Why You May Need a Lawyer

A lawyer can be indispensable when navigating the Danish immigration and investment laws. Some common situations where legal expertise is valuable include:

• Understanding eligibility requirements for investment-based residence permits
• Documenting the source and transfer of funds for investment
• Drafting and reviewing business plans for entrepreneurship permits
• Ensuring compliance with local employment and corporate laws in Valby
• Managing family reunification applications
• Handling appeals after permit denials or delays
• Addressing tax implications and asset protection for foreign investors
• Advising on renewal procedures and pathway to permanent residency or citizenship

Local Laws Overview

Danish residence permits linked to investing and entrepreneurship are governed by the Danish Immigration Service and related governmental bodies, not by a specific "Golden Visa" law. For applicants in Valby, Copenhagen, the following legal aspects are particularly relevant:

• The Start-Up Denmark Program enables entrepreneurs outside the EU to obtain residence if they present a viable, innovative business idea approved by the Danish Business Authority.
• The Greencard scheme is no longer available, so investment must fit current programs like those for self-employed persons or key employees.
• Applicants must meet stringent requirements including business viability, investment capital, health insurance, and proof of financial self-sufficiency.
• Residence permits under entrepreneurship or business investment must be renewed periodically, with ongoing compliance checks.
• Family members may be eligible for accompanying residence permits, but their cases are individually assessed.
• Legal residency can, over time, lead to permanent residency or Danish citizenship if all additional criteria are satisfied.

Frequently Asked Questions

What investment programs does Denmark offer for foreign nationals?

Denmark does not have a traditional Golden Visa program. Instead, it offers residence permits under schemes like the Start-Up Denmark Program and permits for self-employed individuals or special key employees.

Can I obtain Danish citizenship through investment?

You cannot obtain immediate Danish citizenship through investment. However, after several years of legal residency and compliance with other criteria, you may be eligible to apply for permanent residency and eventually citizenship.

Is there a minimum investment required for residence-based permits?

There is no fixed minimum investment like some other EU countries, but the investment must be substantial enough to fund the proposed business or entrepreneurial venture and support the applicant.

Do my family members also receive residency if I qualify?

Close family members such as spouses and dependent children can usually apply for family reunification residence permits, subject to approval and individual eligibility.

How long does the application process take?

Processing times vary depending on the type of permit, quality of documentation, and governmental workload, but most decisions are made within a few months.

Can I buy property in Valby to qualify for a residence permit?

Buying property in Denmark, including Valby, does not automatically grant you residency rights. Residence permits are based on business activity or other criteria, not solely real estate investment.

Is language proficiency required for these permits?

Initial residence permits do not usually require Danish language proficiency, but permanent residency and citizenship do have language requirements.

How can a lawyer help with my application?

A lawyer can help ensure your application is complete, increase your chance of success, handle communications with authorities, and represent you if legal issues arise during or after your application.

Are there any local taxes I need to be aware of as a new resident?

Yes, as a resident of Denmark, you are subject to Danish tax law. It is important to understand your obligations and plan accordingly. Legal and tax professionals can help clarify your responsibilities.

What happens if my permit application is denied?

You are usually entitled to appeal a denial within a set timeframe. A lawyer can guide you through the appeals process and help address the authorities' concerns.

Additional Resources

The following resources can be helpful for individuals seeking additional information about investment-based residence permits in Valby, Denmark:

• Danish Immigration Service (Udlændingestyrelsen) - Manages residence and work permits
• Danish Business Authority (Erhvervsstyrelsen) - Approves business ideas for Start-Up Denmark
• Start-Up Denmark Program - Official program for non-EU entrepreneurs
• Local embassies and consulates - Provide official information for applicants outside Denmark
• Danish law firms specializing in immigration and business law
• Tax and accounting professionals familiar with foreign investor requirements
• Municipality of Copenhagen - For local administrative matters in Valby

Next Steps

If you are considering applying for an investment-based residence permit, start by clearly outlining your business or investment plans. Gather all necessary documentation regarding your finances, proposed business activities, and personal background. Consult with a lawyer who specializes in immigration and business law in Denmark to evaluate your eligibility, prepare your application, and navigate any legal complexities. They can also assist with planning for your family's needs, long-term residency goals, and compliance with all local requirements. Taking prompt and informed action can improve your chances of successfully obtaining the right to live and work in Valby, Denmark.