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Residence by Investment, commonly known as Golden Visa programs in other countries, refers to legal pathways that allow non-EU nationals to obtain residence rights by making a substantial financial investment in Belgium. Although Belgium does not have a specific "Golden Visa" program like some other EU countries, it does offer opportunities for investors, entrepreneurs, and business owners to apply for residence permits through business creation or investment that benefits the local economy. In Mechelen, a thriving city in the Flanders region, Residence by Investment is typically pursued by establishing a business that generates local employment and economic value.
The legal and administrative procedures for obtaining residence through investment in Mechelen can be complex and involve multiple Belgian governmental agencies. You may need a lawyer in the following situations:
Residence by Investment in Mechelen is governed by Belgian federal and regional laws regarding foreign investment, company formation, and immigration. Key aspects include:
Belgium does not set a fixed investment threshold. Instead, the required investment is assessed based on your business plan, projected benefit to the economy, and capacity to generate jobs, typically involving a minimum capital of 18,600 euros to start a private limited company, plus operating funds.
There is no initial language requirement, but long-term residency or permanent settlement will require demonstration of social integration, which may include language proficiency, especially in Dutch for Mechelen.
Passive investment, such as buying property for rental income, generally does not qualify. The authorities look for active business operations that create value and employment.
Processing times vary but expect 3 to 9 months for a decision after filing a complete application with all required documents.
Yes, immediate family members (spouse, registered partner, dependent children) may apply for family reunification once you have a valid residence permit.
Documents typically include a valid passport, business plan, proof of sufficient funds, company registration, professional card, proof of suitable accommodation, health insurance, and sometimes a background check.
After five years of legal and uninterrupted residence in Belgium and meeting language and integration requirements, you can apply for citizenship. Investment alone does not guarantee citizenship.
Belgium has comprehensive corporate and personal tax regimes. You must declare worldwide income, pay corporate tax on company profits, and comply with local VAT and social contributions.
If your business ceases trading or fails to meet economic value criteria, your residence status may be revoked unless you find alternative qualifying grounds for residence.
A local lawyer familiar with Mechelen and Belgian laws will be best equipped to guide you through specific legal and administrative procedures. It is recommended to work with someone who specializes in immigration and business law in Belgium.
If you are considering residence by investment in Mechelen, Belgium, start by evaluating your eligibility and preparing a business or investment plan. Collect all necessary documentation and consider consulting a specialized lawyer in Belgian immigration and business law. A legal expert can help you navigate the complexities, anticipate obstacles, and represent you in dealings with authorities. Schedule a consultation, clarify legal fees, and ensure comprehensive preparation for each step of the application or appeal process. Acting early and with professional guidance will increase your chances of a successful outcome.
