Business immigration to EU countries

IBFS union experts provide professional assistance in obtaining a residence permit in the EU, through opening of business in one of the European countries, in particular in Latvia or Germany.

Latvia

Since July 1 in Latvia there have been changes to the Immigration Act, in which investors and their family members (including those from Russia and other CIS countries from abroad) can get a residence permit for five years and on the free movement throughout the Schengen area. In order to become an investor one of the following conditions must be accomplished:

• Place in the Latvian bank of 200 thousand lats (286 euros) in the form of subordinated deposit for a minimum period of 5 years.
• Buy Real Estate in Latvia at a price not less than 100 thousand lats (143 euros) - Riga and other major cities, or at least at a price of 50 thousand lats (71.5 euros) - in other regions of the country.
• Attach at least 25 thousand lats (36 euros) in the capital of the Latvian company and pay as a result of its commercial activity in Latvia taxes in an amount not less than 20 thousand lats (28 euros) a year.

Investors, who have received residence permit under the new law, are exempt from the need to live or stay for a certain minimum period in the territory of Latvia. Once a year, they will have to make a note in the documents that the grounds for a residence permit (deposit, real estate, business) are preserved.

After five years of residence in Latvia with this status can apply for permanent residence (permanent residence).

Latvian citizenship is citizenship of the European Union with all rights except for the restrictions to work in some countries. Foreigners who come to Latvia can receive Latvian citizenship after living here legally 10 years, passing the exam and renouncing citizenship of their country.

Germany

For Russian citizens a visa needed for entry to Germany. There are two types of visas: Schengen and national German. The Schengen visa is valid not only in Germany but also in other countries of the Schengen Agreement. National visa is only valid for Germany. The original expiration date is three months, but it can be extended in the German foreign office on the basis of training or work in the country.

Residence permit in Germany, as in most of Western Europe, is difficult to obtain, but not impossible. The easiest way - to open their own business in the country. The most common form of ownership - limited liability company (GmbH). As a sole proprietor with no residence permit non-resident EU cannot act.

The main factor in the provision of residential permit the entrepreneur - the amount of investment and job creation. To justify the residence permit should write to the embassy a detailed business plan. Typically, the embassy documents sent to the authorities of the federal state, where he intends to live and work competitor. Term review of the documents is from 6 to 15 months.

Also, residence permit and permanent residence for five years can be obtained through the contract for work, marriage to a citizen of Germany, or admission to a German university.

For more information you can call +7 495 987 18 55