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About Golden Visa Law in Wittenberg, Germany

The term “Golden Visa” is commonly used to describe residence permit programs that allow foreign nationals to obtain residency rights—sometimes even citizenship—through investment in a country’s economy, such as in real estate or local businesses. While Germany does not officially label such schemes as a “Golden Visa,” foreign investors can obtain residence permits by significantly investing in German businesses or startups, including in locations like Wittenberg. This route is mainly regulated under the Section 21 of the German Residence Act (Aufenthaltsgesetz), which pertains to self-employment and investment-based residence permits. Wittenberg, with its rich history and steady economic growth, is an attractive area for investors seeking such opportunities in Germany.

Why You May Need a Lawyer

Navigating the legal landscape for an investment-based residence permit can be complex. Here are some common scenarios where acquiring the services of a legal professional specializing in Golden Visa or residence-by-investment programs is beneficial:

  • Understanding Eligibility: Determining if your intended investment in Wittenberg meets the requirements for a residence permit.
  • Preparing Documentation: Compiling business plans, investment proposals, and other documents necessary for the application.
  • Application Process: Guiding you through the application procedures with immigration and municipal authorities.
  • Business Structure: Advising on company formation, tax implications, and local business laws.
  • Dealing with Rejections: Assisting in the appeal process should an application be denied.

Local Laws Overview

Wittenberg, as part of the Federal State of Saxony-Anhalt, follows German federal immigration laws but also abides by state-specific business and regulatory frameworks. Key aspects relevant to a Golden Visa-type application include:

  • Minimum Investment Amount: There is no formally stated minimum, but the investment must serve the local economy or create jobs.
  • Business Plan Requirement: A convincing, robust business plan is essential and should detail the economic benefit to the region.
  • Residence Act, Section 21: This is the principal legal basis for “self-employment” and investor residence permits.
  • Approval from Authorities: Local Chamber of Commerce and Economic Development Office inputs may be requested as part of the review.
  • Renewal and Settlement: Permits are usually issued for up to 3 years and can be renewed. Permanent residency may be possible after several years, subject to certain conditions.

Frequently Asked Questions

What is a Golden Visa in the German context?

In Germany, "Golden Visa" refers to investor-friendly residency programs under the residence permit for self-employment, letting foreign nationals gain residency through investment, most often by starting or investing in a company.

Is there a specific investment amount required in Wittenberg?

There is no strict minimum, but your investment should be “sufficient” to benefit Wittenberg’s economy or to create/secure local jobs. Authorities typically assess each business plan individually.

How long does the application process take?

The processing time may vary but typically takes several months, depending on the complexity of the business proposal and responsiveness of involved authorities.

Do I need to live in Wittenberg full-time?

To maintain your residence permit, you are generally expected to reside primarily in Germany. Excessive time abroad may negatively impact your renewal or permanent residency application.

Can family members be included?

Yes, immediate family members (spouse, dependent children) can usually be included in your residence permit application.

Will this lead to German citizenship?

A residence permit can provide a pathway to permanent residency after several years, and, eventually, citizenship—subject to language, integration, and residency requirements.

What documentation is required?

Expect to provide a viable business plan, evidence of investment capital, personal identification documents, CV, proof of business experience, health insurance, and sometimes a criminal background check.

Can I invest in real estate to qualify?

Unlike some other countries, Germany typically does not grant residence permits solely through passive real estate investments; a business investment that creates local value is required.

What if my application is rejected?

You may appeal the decision or address the reasons for rejection. It is advisable to consult a lawyer if your application is denied.

Are there local incentives for investing in Wittenberg?

Wittenberg and Saxony-Anhalt sometimes offer incentives for investments aligned with regional development goals. A lawyer or local business advisor can provide current details.

Additional Resources

If you need further information or assistance, consider the following resources:

  • Wittenberg City Immigration Office (Ausländerbehörde)
  • Chamber of Commerce and Industry (Industrie- und Handelskammer – IHK) Halle-Dessau
  • Saxony-Anhalt Economic Development Office (Investitions- und Marketinggesellschaft Sachsen-Anhalt)
  • Federal Office for Migration and Refugees (Bundesamt für Migration und Flüchtlinge – BAMF)
  • Qualified immigration lawyers specializing in residence permits and business immigration

Next Steps

If you are considering applying for a Golden Visa in Wittenberg, Germany, or need legal advice on your investment plans, here is how you can proceed:

  • Assess your eligibility and investment intentions with reference to German laws.
  • Reach out to a qualified lawyer specializing in immigration and investment law in Wittenberg or Saxony-Anhalt.
  • Gather and prepare necessary documentation, including a comprehensive business plan.
  • Consult with relevant local authorities (city immigration office, chamber of commerce) for practical requirements and current guidelines.
  • Submit your application, preferably with legal assistance to maximize the chance of success and address any legal complexities.
  • Stay informed about any policy changes by maintaining contact with your lawyer or trusted advisory service.

Legal guidance can significantly improve your chances for a successful application, ensure compliance with all laws, and help you avoid costly mistakes. Starting early with a reputable legal professional is advisable if you intend to pursue residency by investment in Wittenberg, Germany.

Lawzana helps you find the best lawyers and law firms in Wittenberg through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Golden Visa, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Wittenberg, Germany—quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.