Best Residence by Investment Lawyers in Herning

About Residence by Investment Law in Herning, Denmark

Residence by Investment, often known as the investor visa or golden visa program, allows individuals and their families to obtain legal residency in a country in exchange for making a significant investment. In Denmark, and specifically in Herning, there is no formal "golden visa" program as seen in other European countries. However, Denmark offers residence permits through business investment, company formation, or as a highly skilled professional. The most relevant route is usually the Start-up Denmark scheme or the Establishment Card scheme, which target entrepreneurs and skilled workers rather than passive investors. Residency pathways are strictly regulated, and professional legal advice is crucial to navigate the process successfully.

Why You May Need a Lawyer

Legal guidance is often essential for anyone considering residence by investment or business immigration to Herning, Denmark. Here are some typical situations where legal help becomes necessary:

• Assessing eligibility for a residence permit based on business investment or company formation
• Navigating the strict documentation and application requirements set by Danish authorities
• Structuring investments to comply with Denmark's business and employment laws
• Advising on tax implications and corporate structures
• Assisting with appeals in case of a rejected permit application
• Understanding family reunification rights and dependencies for spouse or children
• Translating and certifying necessary documents
• Ensuring continued compliance for permit renewals and long-term residency applications

Local Laws Overview

Residence by investment in Herning, as in Denmark generally, is subject to national laws under the Danish Aliens Act and the rules managed by the Danish Agency for International Recruitment and Integration (SIRI). Relevant points include:

• There is no direct golden visa or passive investment residency route
• The Start-up Denmark scheme allows non-EU entrepreneurs to obtain a residence permit if they have an innovative business idea approved by a professional panel
• The Establishment Card allows recent graduates from Danish universities to stay and seek work or start a business, provided they meet certain criteria
• Hiring foreign employees or establishing a business must comply with Danish company law, labor law, and tax regulations
• Applicants must demonstrate sufficient financial means and meet health insurance requirements
• Permit renewals require active business activities and compliance with the original investment plan
• Family reunification permits are available but require separate applications and proof of dependency or relationship

Frequently Asked Questions

What options exist for obtaining residency in Herning through investment?

Denmark does not have a classic investor or golden visa scheme. Residency may be possible through the Start-up Denmark program for entrepreneurs or through establishing a business that hires Danish or EU-resident employees, subject to strict criteria.

Can I obtain permanent residency in Denmark through investment?

Permanent residency is not granted automatically after investment. Usually, you must first live in Denmark for several years with a temporary permit, prove Danish language skills, pass a civic test, and meet certain financial and employment requirements.

Is it possible to include my family in my residence permit application?

Yes, in most cases, you can apply for family reunification so your spouse, registered partner, or children under 18 can join you in Denmark. Additional documentation and requirements apply.

How much do I need to invest to qualify for residence?

There is no fixed investment amount as in some countries. The focus is typically on the viability and innovation of the business plan, as well as proof of sufficient funds to support yourself and your business during your stay.

How long does the application process take?

Processing times vary but typically range from two to six months, depending on the specific permit type, complexity of the application, and completeness of your documents.

What types of businesses are eligible under the Start-up Denmark scheme?

Your business idea must be innovative, scalable, and able to create economic growth or employment. Traditional retail or hospitality businesses are unlikely to qualify unless they offer a novel concept or product.

Do I need to hire Danish citizens as employees?

While not always mandatory, employing local workers can strengthen your application and demonstrate your commitment to Denmark’s economy. Some business permits may require local employment.

Can I buy a property in Herning to qualify for residency?

No, purchasing property alone does not qualify you for a residency permit in Denmark. Focus is placed on entrepreneurship, employment, or work-based schemes rather than passive investment like property purchase.

What happens if my business fails after I receive my residence permit?

If your business ceases operations and you cannot demonstrate continued economic activity, your residence permit may no longer be valid. It is important to notify authorities of changes and seek legal advice if your circumstances change.

Do I need to speak Danish to obtain residency?

Danish language skills are not required for initial permits but are often needed for permanent residency or citizenship. Learning Danish will also help with integration and business success.

Additional Resources

For further information and professional assistance, consider contacting the following organizations:

• Danish Agency for International Recruitment and Integration (SIRI): Handles all permit applications and provides guidelines
• Danish Business Authority: Offers advice on starting a business in Denmark and relevant regulations
• Local municipality offices in Herning: Can assist with local registration and integration support
• Danish Bar and Law Society (Advokatsamfundet): Find qualified immigration and business lawyers authorized in Denmark

Next Steps

If you are considering residence by investment in Herning, Denmark, it is recommended to:

• Assess your eligibility and determine the most suitable residence pathway for your circumstances
• Prepare a thorough and credible business plan if applying through entrepreneurship routes
• Gather all necessary documentation, including proof of identity, financial means, and business qualifications
• Consult an experienced lawyer specializing in Danish immigration and business law for personalized advice
• Submit your application through the correct governmental channel and follow up as necessary
• Remain compliant with local regulations and notify relevant authorities of any changes in your situation

Professional legal assistance can significantly increase your chances of a successful residence by investment application in Herning, Denmark.