Best Residence by Investment Lawyers in Horsens

About Residence by Investment Law in Horsens, Denmark

Residence by Investment, also commonly referred to as the Golden Visa program, allows foreign nationals to obtain residency rights in a country by making significant financial investments. In Denmark, there is no specific "Golden Visa" program as seen in some other European countries. However, Denmark offers several pathways wherein substantial business investments, entrepreneurship, and job creation can lead to residence permits. In the city of Horsens, individuals interested in living and investing are subject to the same national rules, with local business and municipal factors also playing a role.

Types of investments that may lead to residence typically include starting or acquiring a Danish business, investing in local businesses, or introducing innovative projects that create jobs. While the direct exchange of money for residency is not offered, substantial contributions to the local economy, especially in a city like Horsens with an active business environment, may qualify under certain regulations.

Why You May Need a Lawyer

Danish immigration and investment laws are complex, particularly for non-European Union residents. A lawyer can help in the following common scenarios:

• Clarifying eligibility requirements and legal pathways for residence by investment
• Preparing and submitting comprehensive and accurate documentation for applications
• Reviewing and structuring business proposals or investment plans to ensure compliance
• Navigating communication with Danish authorities or responding to requests for further information
• Appealing denied applications or unfavorable decisions
• Advising on the acquisition or setup of businesses in Horsens in accordance with Danish company law
• Protecting your legal rights during the entire residence and investment process

Obtaining legal guidance minimizes the risk of delays, rejections, or legal issues that can arise due to misunderstandings or mistakes.

Local Laws Overview

Denmark does not offer an explicit golden visa program, but the Danish Startup Denmark Scheme allows foreign entrepreneurs to apply for residence if they establish an innovative business. Investors may also seek residence under the Danish Greencard scheme (which is now closed for new applicants) or through the Pay Limit Scheme if you secure highly paid employment.

Key aspects of Danish residence by investment include:

• Startup Denmark Scheme: Requires approval of a viable, innovative business plan and intent to reside in Denmark. Only up to three founders may apply per business idea.
• Job Creation: Proposals that generate new jobs in Horsens may be considered favorable, especially under business and entrepreneurship visas.
• Financial Requirements: Entrepreneurs must demonstrate sufficient funds for personal support, investment, and business operation.
• Local Municipality Role: Horsens municipality may facilitate local business establishment but does not grant residence permits.
• National Immigration Rules: All residence permits are ultimately processed by the Danish Agency for International Recruitment and Integration (SIRI).
• No Direct Path for Real Estate Investors: Simply purchasing property in Horsens does not qualify for residence.

All applications are subject to Danish language, integration, and background checks. Legal advice is strongly recommended, as requirements are updated regularly.

Frequently Asked Questions

What types of investment can qualify me for residency in Horsens?

Typically, setting up or investing in a Danish company, starting an innovative project, or creating jobs may qualify. There is no automatic residency for property or passive financial investments.

Is there a specific investment amount required?

There is no fixed minimum. The investment must be sufficient to support both the business proposal and your stay in Denmark. Authorities assess each application individually.

Can I bring my family if I obtain residence by investment?

Yes, immediate family members (spouse and children under 18) can usually accompany you if your residence permit is approved.

How long does the application process take?

Processing times vary, but you should expect several months. Delays may occur if additional documentation or clarification is needed.

Do I need to know Danish to apply?

While Danish language is not mandatory for application, integration and long-term residency require at least basic Danish proficiency over time.

Can investing in real estate alone qualify me for residency?

No. Denmark does not offer residency to foreigners solely through the purchase of real estate.

What happens if my application is denied?

You have the right to receive an explanation and may appeal the decision or reapply with improved documentation or a revised business plan.

Is it easier to get residency through investments in smaller cities like Horsens?

Potentially. Local authorities may be more receptive to new businesses and job creation in less crowded urban centers, but all applications are judged by national criteria.

Do I need a local business partner?

You are not required to have a local partner, but collaboration with local stakeholders may strengthen your application and ease business setup.

How long is the initial residence permit valid?

Initial permits are usually granted for up to two years, with the possibility of extension if the business remains viable.

Additional Resources

Several official and supportive organizations can assist individuals seeking residence by investment in Horsens:

• Horsens Municipality Business Services - for local business setup guidance
• Danish Agency for International Recruitment and Integration (SIRI) - processes all residence applications
• Startup Denmark - provides details and application procedure for the Startup Denmark Scheme
• Danish Business Authority - offers resources for company registration, tax, and compliance
• Local law firms specializing in immigration and business law

Engaging with these bodies early in your planning is recommended.

Next Steps

If you are considering residency by investment in Horsens, consider taking the following actions:

• Consult with a lawyer specializing in Danish immigration and business law
• Prepare a thorough business plan or investment proposal, tailored to local needs
• Gather documentation regarding your background, funding sources, and professional expertise
• Contact Horsens Municipality for local information on business opportunities and requirements
• Submit a preliminary application or request a case assessment through SIRI or Startup Denmark as appropriate
• Plan for integration by learning about Danish culture and language

Professional legal advice can help you navigate Danish laws, maximize your chances of success, and ensure your investment fulfills both personal and legal objectives.