Germany is world’s third largest exporting nation, competing with China and the US. Germany is rightly viewed as a door to the world. With €469 billion Foreign Direct Investment (FDI), Germany has also proved itself to be an investment magnet and one of the top regions for foreign investors. Germany is one of the main destinations for investment within the European Union. Entrepreneurs as well as investors appreciate its educated and efficient workforce, as well as its political, social and legal security.
It is important to note that this Entrepreneurial based residency program is only suited for clients who are genuinely interested in setting up a business in Europe. They need to have a profitable business in order to maintain their residency in Germany.
Citizens of non-European Union countries have the right to undertake business activities in Germany and to receive a residence permit for this purpose according to the 21 Residence Act. German law imposes on foreign entrepreneurs who intend to conduct business activities in Germany
The major requirement for this residency is for clients to show savings of at least EUR 50,000 which they can transfer to the bank account in Germany. In most of the cases this is sufficient. There is no minimum investment amount required. For bigger cities like Frankfurt, Berlin, Hamburg, Stuttgart etc. the clients need to show at least EUR 100,000.
Our team will be on-hand to support you during the entire process and help you, that your business meets the following requirements.