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Help needed!

Is it possible "Set up GmbH and get residency"?

Alternar
Hi,

I have contacted one of the reputed law firm in Germany. He informed me that I can get Residency Permit with my wife if I will set up my own GmbH.

Is is really possible ?

Please guide me guys, my e mail id is:

tusharpatel4u@gmail.com

I am visitng Germany next month, 20th September, 2011.

Thanks,

Tushar
0 (0 Votos)

Re: Is it possible "Set up GmbH and get residency"?
Respuesta
4/08/11 22:25 en respuesta a Tushar Patel.
which reputed firm is that?

how much are they asking to process?
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Re: Is it possible "Set up GmbH and get residency"?
Respuesta
5/08/11 0:12 en respuesta a Tushar Patel.
Yes it is possible (AufenthG §21) if you spend 250K€ and create 5 work places.

http://dejure.org/gesetze/AufenthG/21.html

The company must be a genuine one with a firm business plan.

Good luck!
0 (0 Votos)

Re: Is it possible "Set up GmbH and get residency"?
Respuesta
6/08/11 9:40 en respuesta a Tushar Patel.
Unless you're serious about doing business in Germany, I will not recommend this.

This regulation which allows individuals to obtain residence permit has been abused by many people from a certain country many years ago. And basically they stopped it about 2 years ago.

The process to obtain the "green light" takes a quite long time, but the most important is the salary which has to be paid to the minimum number of employees is a large amount of money.

However you won't need to worry if you're doing anything incorrectly because the government institution, Ordnungsamt, Finanzamt etc will watch you closely all the time.
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Re: Is it possible "Set up GmbH and get residency"?
Respuesta
6/08/11 20:45 en respuesta a Tushar Patel.
Thank you all. This is such a informative and co-operative people here. I like it.

Anyways, I think that it is a bit difficult for me to get residence permit.

Is there any other way for getting residence permit either in Germany of any other Schengen State ?

Regards,
Tushar
0 (0 Votos)

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