Entrepreneurship in Germany: Germany Entrepreneur Visa Application Process
The Germany entrepreneur visa is a type of visa that grants a residence permit to a person and their family who wants to invest in Germany and establish a new business. With the Germany entrepreneur visa, the person who invests can settle in Germany with their family and benefit from state support.
A start-up career can be started in Germany if financial security and a detailed business plan are submitted to the German government.
What are the requirements for moving to Germany as an entrepreneur?
To go to Germany as an entrepreneur, an entrepreneur visa is required after the business documents are prepared and the documents are obtained.
A Germany investor visa can be obtained provided that a realistic business plan, the necessary documents are submitted in full and financial requirements are met.
What are the Germany Entrepreneur Visa Requirements?
The requirements for obtaining an entrepreneur visa in Germany are listed below.
- Detailed documented professional and career resume
- Having sufficient investment capital
- To be able to meet economic or regional demands in the region where the investment will be made
- Documentation that the German government can be supported economically
What are the Required Documents for a Germany Entrepreneur Visa?
The documents required for a Germany entrepreneur visa are listed below.
- Germany entrepreneur visa application form : It must be completely filled out and signed by the applicant.
- Passport : At least 2 photocopies of the personal information pages of a passport valid for at least 2 years must be submitted for the investor and his/her family if accompanying him/her.
- Biometric photo : 2 biometric photos taken within the last 6 months must be submitted.
- Diploma and qualification documents : A resume that can be documented with diplomas and certificates showing the person’s vocational training; work reports (testimonial), trade registry records, and documents showing foreign language proficiency must be submitted.
- Visa receipt : The visa fee must be paid and the receipt must be presented.
Where to Get a Germany Entrepreneur Visa?
Applications for a Germany entrepreneur visa can be made through the application center and accredited agencies, but the only authority authorized to grant visa approval is the German Embassy.
How Much Does a Germany Entrepreneur Visa Cost?
Germany entrepreneur visa services and fees are given in the table below.
| Service | Fee |
|---|---|
| Germany entrepreneur visa fee | 80 EUR |
| Filling out the application form and petition | 40 EUR |
| Meeting | Free |
| Biometrics operations | 40 EUR |
| Consulting service | 60 EUR |
| Total | 220 EUR |
How Many Days Does It Take to Get a Germany Entrepreneur Visa?
Germany entrepreneur visa is finalized on average within 8 – 15 working days. The completion time may vary depending on the workload of the embassies.
Can I Get a Residence Permit with a Germany Entrepreneur Visa?
Residence permit can be obtained with a Germany entrepreneur visa.
In order to obtain a residence permit in Germany, a business plan that is suitable for commercial conditions in Germany and can be measured realistically must be created. In order to obtain a residence permit with a Germany entrepreneur visa, in addition to the investment to be made/the business to be established, the individual must have enough capital and professional qualifications to support himself and his family, if any.
Provided that financial and professional qualifications are met, a German residence permit can be issued together with an entrepreneur visa.
Can I Get Citizenship with a Germany Entrepreneur Visa?
Citizenship can be obtained with a German entrepreneur visa. In order to obtain citizenship with a German entrepreneur visa, it is necessary to reside in Germany with a legal residence permit.
Having lived in Germany for 8 years without interruption with a residence permit obtained with an entrepreneur visa, having a C1 level of German, and being able to support oneself financially without being a burden to the German government are among the conditions for German citizenship.
What are the Economic and Entrepreneurial Activities of Immigrants in Germany?
The economic entrepreneurial activities of immigrants in Germany are listed below.
- Gastronomy
- Trade
- Manufacturing
- Building
- Clothes
Turkish entrepreneurs in Germany stand out especially in the gastronomy sector.
How Many Entrepreneurs Are There in Germany?
According to data released in 2019, the number of entrepreneurs in Germany was reported as 605,000. The number of entrepreneurs in Germany increases or decreases in parallel with the entrepreneurship supports provided by Germany.
The German population is older than investors from other countries, so foreign investors are supported in the country if the necessary conditions are met.
How Many Turkish Entrepreneurs Are There in Germany?
According to the 2019 census data, the number of entrepreneurs of Turkish origin in Germany was determined as 103,000. It was stated that the number of entrepreneurs in Germany was 81,000 ten years ago. While the number of German entrepreneurs in Germany decreased by 11.4%, the number of Turkish entrepreneurs increased by 27.2% and the number of all immigrants in general increased by around 26%. The aging of the local population (the average age of Germans is 47.3, while this age is 36-5.6 for Turks) is the main reason for the decrease in the rate of German entrepreneurs compared to Turkish entrepreneurs.
What are the conditions for establishing a start-up in Germany?
The requirements for establishing a start-up in Germany are listed below.
- Financial sufficiency must be ensured.
- The business plan should be prepared realistically and in detail.
- The company to be established must have the capacity to complete its deficiencies in a certain field in Germany.
- The investment should contribute to the German economy.
If the above conditions are met, a business establishment visa can be obtained in Germany.