Publication date: 05.09.2024
Obtaining a residence permit through investment in the EU
Obtaining a residence permit in the European Union through investment has become one of the most popular ways for Ukrainian entrepreneurs and investors. Programmes for obtaining residence permit through investment (the so-called ‘Golden Visa’) are offered in various EU countries and provide an opportunity not only to obtain legal residence status, but also to gain access to the European market. In this article, we will look at the legal aspects of obtaining a residence permit through investment, as well as the key role of a lawyer in this process.
The main reasons for choosing an investment programme for obtaining a residence permit
Investing in the European Union for the purpose of obtaining a residence permit has a number of advantages for investors. The main reasons for choosing this path include the following factors:
- Access to the European market: EU residence permit allows investors to travel freely and do business in the Schengen area.
- Asset protection: Investors can preserve and protect their assets in economically stable EU countries, which is especially important in times of war.
- Optimisation of the tax burden: Some EU countries offer favourable tax regimes for investors, which can reduce the tax burden.
- Opportunity to obtain citizenship: In some EU countries, investors can apply for citizenship after a certain period of time, which opens up additional business and residence opportunities.
Legal requirements for obtaining a residence permit through investment
In order to obtain a residence permit in one of the EU countries through investment, certain legal requirements must be met, which vary from country to country. Each state has its own criteria and requirements for the amount of investment and types of assets that can be invested. A lawyer will help with the preparation of documents and ensure that the investment meets all the requirements.
- Verification of documents by a lawyer: One of the first steps for an investor is to prepare and review documents. A lawyer will help to collect all the necessary supporting documents, including proof of income sources and the legitimacy of the investment.
- Legal analysis of documents: A lawyer will carry out a legal analysis of your documents and check their compliance with the requirements of a particular EU country, which will help you avoid possible rejections.
- Legal analysis of the situation: A lawyer will assess your investment situation and advise you on the best option for choosing the country and type of investment that will meet your goals and opportunities.
Main stages of obtaining a residence permit through investment
The process of obtaining a residence permit through investment consists of several key stages, each of which is important to comply with the requirements of the legislation of the country in which you plan to invest. A lawyer will help you through this process and ensure that the procedure is completed successfully.
- Choosing a country and investment programme: The first step is to choose an EU country that offers the most attractive conditions for obtaining a residence permit through investment. A lawyer will help you evaluate different options and choose the best jurisdiction for you.
- Preparation of investment documents: The next step is to prepare and submit all the necessary documents to support the investment. The lawyer will check all documents for compliance with the country's requirements and help you prepare all the necessary forms.
- Submitting a residence permit application: After all the documents are prepared, the application for residence permit is submitted to the relevant authorities of the EU country. The lawyer will ensure that the application is completed correctly and that the documents are submitted within the established deadlines.
- Obtaining a decision: After checking your application, the relevant authorities will decide whether to grant or refuse a residence permit. A lawyer will monitor this process and ensure timely response to possible requests from state authorities.
The role of a lawyer in the process of obtaining a residence permit through investment
Legal advice: A lawyer will provide detailed advice on the terms of the investment programme, help you choose the best country and prepare an action plan for successful residence permit obtainment.
Verification of documents by a lawyer: The lawyer will ensure that all documents are checked for compliance with the requirements of the chosen EU country, which will help to avoid possible delays or refusal to obtain a residence permit.
Legal opinion;
Legal opinion: Upon completion of the process, the lawyer will prepare a legal opinion on the next steps after obtaining a residence permit and help you comply with the requirements of local legislation.
Peculiarities of investment programmes in different EU countries
Residence permit programmes through investments in each EU country have their own specifics. For example, in Portugal and Spain, investors can obtain a residence permit through the purchase of real estate, while in Greece, they can obtain a residence permit for investing in the economy. A lawyer will help you determine the best option for you, taking into account your financial capabilities and business interests.
Recommendations for successfully obtaining a residence permit through investment
- Check the programme in detail: Before applying, it is important to familiarise yourself with the terms and conditions of the investment programme of the country chosen for residence.
- Timely submission of documents: To avoid delays, the documents must be submitted in a timely manner and meet all the requirements. The lawyer will ensure that the documents are properly prepared and will monitor the submission process.
- Consultation with local lawyers: An attorney specialising in local law will be able to provide accurate advice and legal support in all matters related to the investment programme.
Questions and answers
Question.
What are the main steps to be taken to obtain a residence permit through investment?
Answer.
The main steps include choosing a country and investment programme, preparing investment documents, submitting an application to the relevant EU authorities and obtaining a decision. A lawyer will accompany you at all stages of this process, ensuring that the documents are prepared correctly and in compliance with the law.
Conclusion
Obtaining a residence permit through investment in the EU is a favourable solution for investors seeking to gain access to the European market, protect their assets and benefit from favourable taxation conditions. The process involves several important stages, at each of which a lawyer plays a key role, providing preparation of documents, their verification and legal support during the application process. Thanks to the professional support of a lawyer, you can be sure of successfully obtaining a residence permit.
The main advantages of working with a lawyer include: legal analysis of the documents legal analysis of a situation legal opinion of an attorney legal opinion of an advocate
