Best Residence by Investment Lawyers in Dachau

About Residence by Investment Law in Dachau, Germany

Residence by investment, commonly referred to as “golden visa” or investor visa, is a policy that allows foreign nationals to obtain a residence permit in Germany through significant economic investment. In Dachau, a city situated in the Munich metropolitan region of Bavaria, this process follows federal German law but may be influenced by local administrative practices. Germany does not have a classic “golden visa” program like some other European countries; instead, it allows for residence through business investment, primarily via §21 of the German Residence Act (Aufenthaltsgesetz). This allows non-EU nationals to gain residency by founding or investing in a business that benefits the local economy, creates jobs, or fulfills regional needs, such as in Dachau.

Why You May Need a Lawyer

The residence by investment process in Dachau, like the rest of Germany, is complex. Here are some common situations in which legal assistance is crucial:

• Advising on eligibility: Ensuring you or your investment plan meets the strict legal and financial requirements.
• Business planning: Structuring the business to satisfy local economic interests and meet visa conditions.
• Documentation support: Preparing, reviewing, and translating necessary documents for application and compliance.
• Interfacing with authorities: Communicating with local immigration and economic departments in Dachau and Bavaria.
• Appeals and problem-solving: Handling complications, rejections, or legal disputes.
• Long-term planning: Advising on pathways to permanent residency or citizenship.
• Family members: Managing residency for spouses and children.

Local Laws Overview

Dachau follows German federal law regarding residence by investment, but the local context matters:

• §21 German Residence Act (AufenthG): The main legal framework for non-EU nationals to acquire residence by establishing a business in Germany.
• Economic Benefit: The investment must offer a clear benefit to the Dachau or Bavarian economy, often requiring job creation or filling a regional need.
• Business Viability: Applicants must submit a robust business plan, including financial projections and impact analysis.
• Local Authority Involvement: The immigration office (Ausländerbehörde) in Dachau, in cooperation with the Chamber of Commerce (IHK), reviews applications.
• Investment Amount: There is no set minimum investment by law, but investments under €250,000 may face more scrutiny. Substantial capital and operational spending are expected.
• Ongoing Requirements: Permit holders must remain actively involved in the business and comply with local regulations, taxes, and reporting.

Frequently Asked Questions

What is residence by investment in Dachau, Germany?

It is the process by which non-EU nationals can obtain residence by making a substantial business investment in Dachau, generally via founding or significantly contributing to a local company.

Does Germany have a formal “golden visa” program?

Germany does not offer an official golden visa program. Instead, residence is available through business investment under §21 of the German Residence Act.

How much money do I need to invest?

There is no official minimum, but authorities typically expect at least €250,000 invested in a viable business. Lower investments are possible but require a strong local economic benefit to be demonstrated.

What kinds of businesses are eligible?

Eligible businesses are those that benefit the regional economy, create jobs, or satisfy local needs in Dachau. The company must be viable and contribute positively to the area.

Are family members included in the residence permit?

Yes, spouses and minor children can typically apply for residence permits alongside the main applicant, provided sufficient financial support and accommodation can be demonstrated.

How long does the application process take?

The process can take several months, depending on the completeness of your application, business plan, and local authority workloads. A typical timeframe is 3-6 months.

Can I get permanent residence or citizenship?

After several years (usually 3-5 years), investors may apply for permanent residency if their business remains successful. Citizenship may be possible after meeting long-term residency and integration requirements.

What documents are required for the application?

Key documents include a detailed business plan, proof of investment, bank statements, CV, copies of qualifications, evidence of accommodation in Dachau, and valid health insurance.

Is German language proficiency required?

Initially, language skills are not mandatory, but for permanent residency or citizenship, you must demonstrate basic knowledge of German.

What are common reasons for application rejection?

Common reasons include insufficient investment, lack of a viable business plan, unclear economic benefit, missing documentation, or doubts about the applicant’s managerial competency.

Additional Resources

For further support, consult the following:

• Dachau Immigration Office (Ausländerbehörde): The main local authority managing applications.
• Chamber of Commerce and Industry for Munich and Upper Bavaria (IHK): Assesses business plans and can provide guidance.
• Local legal practitioners: Specialized lawyers or law firms with experience in immigration and business law in Dachau.
• Bavarian Welcome Center: Offers support for international investors and entrepreneurs.
• Federal Office for Migration and Refugees (BAMF): Provides official information and assistance for migrants to Germany.
• Tax and business consultants: For help with local business registration, tax, and compliance requirements.

Next Steps

If you’re considering pursuing residence by investment in Dachau, Germany, here’s what you should do next:

• Assess your eligibility for the program and clarify your investment intentions.
• Prepare a comprehensive business plan tailored to the local economy of Dachau.
• Gather and organize all necessary documents and evidence of funds.
• Consult with a qualified local lawyer specialized in immigration and business law to review your case and help with the application process.
• Contact the Dachau immigration office to confirm specific local requirements and initiate your application.
• Stay informed and comply with all legal and reporting obligations after receiving your permit.