Today, we’ll talk about getting German citizenship by investment. Find out more from this article!
Germany is a wonderful European country with its highly developed industry and magnificent cities, such as Berlin and Munich. Undoubtedly, there are many things that make living in Germany special, but that is the subject of another article. In this article, we will talk about getting German citizenship by investment.
Is it easy to get German citizenship?
Unfortunately, you cannot get citizenship directly in Germany through the “golden visa” application or investment. However, those who establish a company can get a residence permit in this way.
Getting German citizenship is not as easy as expected. However, it is possible to get citizenship in Germany by making the right investments. Applicants must go through various stages in order to fulfill the procedures.
Entrepreneurs who want to start their own business in Germany can do so under Article 21 of the Residence Act. This law allows international entrepreneurs to bring their investments in Germany. In this way, both the German economy benefits and investors find the opportunity to expand their market.
How much does it cost to get German citizenship?
We cannot tell you the exact cost of applying for German citizenship. However, we can provide information to help you become eligible for German citizenship. So, what investments do we need to make for a long-term residence permit in Germany? Let’s go over the basics:
- Commercial real estate investment that will cost over 300,000 Euros. We are talking about investments that do not fall into the residential real estate category. Such as warehouses, production facilities or service stations.
- Establishing a company and employing at least 5 local people. The higher this number, the higher your chances.
- Buying an existing business in Germany. The rule of employing at least 5 people still applies here!
Even if you do all of these things, you shouldn’t expect to get German citizenship straight away. These procedures will make it much easier to get a residence permit. Then you can do your best to get permanent residency and citizenship. You just have to be patient and pay close attention to the laws.
Is it worth investing in Germany?
Remember that you are not only investing in the country, you are also investing in yourself and the privilege of living in the country you want! That’s why we think it’s worth a try if you really want it and have the financial strength. Germany is definitely a country worth living and investing in. And if you know your business, you have every chance of growing your investment.