Best Residence by Investment Lawyers in Strassen

About Residence by Investment Law in Strassen, Luxembourg

Residence by Investment, often called a Golden Visa program, enables non-EU nationals to obtain a residence permit in Luxembourg by making a significant financial investment in the country. Strassen, a thriving suburb of Luxembourg City, is becoming increasingly popular with investors due to its high standard of living and excellent connectivity. Unlike some countries, Luxembourg’s Residence by Investment opportunities are governed by stringent legal procedures to ensure transparency and compliance with international standards.

Why You May Need a Lawyer

Navigating the complexities of Residence by Investment in Strassen can be challenging. You may require legal assistance in the following situations:

• Understanding eligibility and preparing the investment plan
• Interpreting the detailed criteria set by the Luxembourg government
• Compiling and certifying the required documentation
• Ensuring compliance with Luxembourg’s strict anti-money laundering regulations
• Assisting with the application process and representing your interests during reviews
• Handling situations where your application is delayed or denied
• Advising on long-term residency and eventual citizenship pathways

A lawyer can guide you through each stage to maximize your chances of obtaining residence and protect your rights throughout the process.

Local Laws Overview

Luxembourg’s Residence by Investment framework is outlined under national immigration laws. To qualify for a residence permit in Strassen as an investor, applicants must meet the following key requirements:

• Invest at least EUR 500,000 in a Luxembourg-based company (new or existing) and commit to maintaining that investment for at least five years
• Alternatively, deposit at least EUR 20 million with a Luxembourg financial institution for at least five years
• Present a clean criminal record and proof of legal income
• Demonstrate valid health insurance and suitable housing in Luxembourg
• Comply with all regulations set forth by the Ministry of Foreign and European Affairs
• Pass rigorous due diligence checks regarding the source and legitimacy of funds

Applicants must submit their application in person or through an authorized representative, and all documents not in French, German or Luxembourgish usually require certified translations. Local government and law enforcement agencies may conduct additional background checks.

Frequently Asked Questions

What is Residence by Investment?

Residence by Investment allows non-EU nationals to obtain legal residency in Luxembourg by making a qualifying investment in the country’s economy, such as in a company or financial product.

Can I live in Strassen with a Residence by Investment permit?

Yes, residence permits obtained through investment are valid for living anywhere in Luxembourg, including Strassen.

What are the investment options?

The main options include investing in a Luxembourg company, investing in an investment fund, or making a substantial deposit at a Luxembourg bank. Each option has specific minimum amount and retention criteria.

Can my family join me?

Yes, immediate family members such as your spouse and dependent children are eligible for family reunification under your permit, subject to additional documentation.

Is it possible to eventually become a Luxembourg citizen?

Yes, after five years of continuous legal residence, including time spent in Strassen, you may apply for citizenship if you meet language and integration requirements.

How long does the process take?

The process can take several months, including time to prepare documents and await approval from Luxembourg authorities.

What documents are required?

Typically, you will need a valid passport, clean criminal record, proof of investment funds and their origin, health insurance, proof of residence in Strassen, and certified translations where necessary.

Will I need to pay taxes in Luxembourg?

Obtaining residency may make you subject to Luxembourg’s tax laws depending on your duration of stay and income sources. It is advisable to consult a tax advisor.

Can my investment be withdrawn after obtaining a permit?

No, you are generally required to maintain the investment for at least five years. Early withdrawal may result in permit cancellation.

What happens if my application is denied?

If your application is denied, you may have the right to appeal. A local lawyer can assist you in reviewing the decision and taking further steps.

Additional Resources

For further information and guidance, the following resources and organizations can be especially helpful:

• Luxembourg Ministry of Foreign and European Affairs - Immigration Directorate
• Luxembourg Embassy or Consulate in your country of residence
• Chamber of Commerce Luxembourg for business investment queries
• Local municipal office in Strassen
• Luxembourg Bar Association for qualified legal professionals

Next Steps

If you are considering pursuing Residence by Investment in Strassen, it is recommended to:

• Assess your eligibility and gather preliminary documents
• Contact a qualified lawyer specializing in investment migration law in Luxembourg
• Consult with a tax advisor regarding your international financial situation
• Begin the application process with professional guidance to avoid delays or errors

Professional legal support will ensure that your application complies with all local laws and maximizes your chances of successful relocation to Strassen, Luxembourg.