Best Residence by Investment Lawyers in Lommel

About Residence by Investment Law in Lommel, Belgium

Residence by investment, often called a "Golden Visa" program, enables non-European Union nationals to obtain residency rights in Belgium by making a qualifying investment. In Lommel, as in the rest of Belgium, there is no specific national "Golden Visa" scheme like those found in certain other countries. However, Belgium does offer paths to residency for people who establish or invest in businesses that create local economic benefits and jobs. The process typically involves setting up a company, actively managing its operation, and then applying for a professional card and subsequent residence permit. While Lommel does not have unique residence by investment laws, local regulations and administrative practices can affect your application. Understanding the balance between federal and local requirements is key when pursuing residence by investment in this region.

Why You May Need a Lawyer

Legal counsel is highly recommended for residence by investment cases for several reasons. Lawyers can help you determine whether your planned investment meets criteria set by the Belgian government and can guide you through the detailed procedures for company formation, visa applications, and compliance matters. A lawyer experienced in Belgian immigration and investment law can also assist with:

• Choosing the right type of corporate structure for your investment
• Navigating complex paperwork and avoiding costly mistakes
• Understanding tax implications and reporting requirements
• Responding to requests for further documentation from immigration authorities
• Interpreting local rules or practices unique to the Lommel area
• Addressing concerns around family reunification or long-term residency and citizenship
• Representing you in legal disputes should they arise in the course of your investment or residency process

Local Laws Overview

Belgian immigration and residency laws apply uniformly across the country, but local municipalities like Lommel are responsible for implementing certain administrative steps. Key legal aspects include:

• Professional Card Requirement: Non-EU nationals must obtain a professional card to start or run a business.
• Minimum Investment: There is no official minimum, but authorities assess if your investment genuinely benefits the local economy and if the enterprise is viable.
• Business Plan and Operation: Your business must have a credible plan and demonstrate ongoing activity - shell companies and passive investments typically do not qualify.
• Residence Permit: Once you have a valid professional card, you may apply for a residence permit. Local offices in Lommel will conduct checks to confirm your actual residence and business activity.
• Renewal and Long-term Stay: Residence permits are typically granted for one year at a time and must be renewed. Evidence of continued investment, business operation, and local integration is required.
• Path to Permanent Residency/Citizenship: After several years of legal residency (usually five), you may apply for permanent residency and eventually citizenship, subject to integration and language requirements.

Frequently Asked Questions

What is residence by investment in Lommel, Belgium?

It is a path to Belgian residency for non-EU nationals who invest in or create a business in Lommel, provided it meets local and federal criteria and creates economic value.

Is there a minimum investment amount required?

There is no strict minimum but your investment must be enough to make your business viable, create jobs, and demonstrate significant local impact.

Can I buy real estate to qualify for residence by investment?

Buying property alone does not qualify you for residency. Active business investment and participation are required.

How long does the application process take?

The timeline varies but obtaining a professional card and initial residence permit can take several months, especially if additional documentation is requested.

Do I need to live in Lommel full time?

You must demonstrate actual residence in Lommel, including local registration and proof of physical presence, but temporary travel is allowed.

Can family members join me?

Yes, immediate family such as spouses and minor children are usually eligible to join you under family reunification rules.

Will my residency allow me to work in Belgium?

Yes, if you receive residency through business investment, you can work for your company and may take up limited outside employment, subject to your permit’s terms.

What paperwork is required?

Key documents include a business plan, proof of investment or company formation, evidence of accommodation in Lommel, police clearance, medical insurance, and identification.

Can my residency be revoked?

Yes, if you cease your business activity, do not renew permits, or breach Belgian laws, your residency could be cancelled.

Will this lead to citizenship?

Potentially, yes. After five years of legal residency, you may apply for permanent residence and later for citizenship if you meet language and integration criteria.

Additional Resources

If you are seeking further information or need support, consider contacting the following:

• The Belgian Federal Public Service (FPS) for Immigration Affairs
• The Lommel municipal office (local administration in Lommel for residency registration and municipal processes)
• The Federal Public Service Economy (for professional card applications and business setup)
• The Belgian Chamber of Commerce (Vlaanderen or national branch)
• Accredited immigration lawyers specializing in Belgian residence by investment
• Consulting firms experienced with business immigration to Belgium

Next Steps

If you are considering residence by investment in Lommel, Belgium, start by clarifying your investment plan and gathering necessary documentation. Seek early legal advice from a lawyer who specializes in Belgian immigration and business law to ensure compliance and to address potential challenges. Visit the local municipal office in Lommel to understand local designation and procedural requirements. Prepare a detailed business plan, ensure your records are complete, and be ready to demonstrate the economic value of your investment. Legal representation can make the process smoother, help avoid pitfalls, and increase your chances of a successful application. Book a consultation with a qualified lawyer to discuss your specific situation and next steps.