Getting a residence permit in Germany through financial means
Obtaining a residence permit in Germany through financial means is one of the good methods to immigrate to this country. Currently, many families who intend to immigrate to Germany are considering to get a residence permit in Germany through financial means and they have a lot of questions in this regard. Because of Germany’s location, economic conditions, and its competitive and international market a lot of people want to immigrate to Germany and invest in this country.
Malekpour Law Firm in collaboration with MIE Austria has made every effort to provide complete and detailed information about residing in Germany through financial means such as: studying in Germany, working in Germany, investing in Germany, registering a company in Germany, getting married in Germany, buying a property in Germany, being born in Germany, a German tourist visa or asylum seeking in Germany (which is not legal).
To peon the discussion, keep it in mind that you must consider the international laws in each country at the time of applying, because many of you may have known about immigration laws in Germany last year but these laws are likely to change every year, therefore you can contact a German immigration lawyer or senior international legal adviser and stay up to date.
In the Comments section, you can also ask your questions and answer them in a short time.
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German Residence Law through financial means
Anyone who want to apply for a residence permit in Germany for more than 3 months must have a Aufenthaltstitel (temporary residence permit), which currently it is really difficult to get, but after a few years it is possible for you to apply for a Niederlassungserlaubnis (permanent residence permit). If the applicants are citizens of the United States, Canada, Australia, Japan, Israel, New Zealand and Switzerland, they will not need a visa to enter Germany.
By having an EC permanent residence permit you will be allowed to stay in this country and other EU countries but sometimes people with an EU residence card are not allowed to enter other countries, for example, workers in Germany.
Other examples of this permanent residence permits are students graduating from German universities who are able to obtain a permanent residence in this country for up to 2 years, or holders of a blue card in Germany who can get a permanent residence permit in Germany in two ways, either by having worked in Germany for 33 months or by having worked in Germany for 21 months along with a B1 language certificate.
The process of getting an EC permanent residence permit will take at least 5 years, and before that it is impossible to get a permanent residence permit, but there are other methods through which you can obtain a permanent residence permit and citizenship in less than 5 years, including working in Germany, which is one of the best and fastest ways to obtain a permanent residence permit and citizenship in Germany.
The requirements for obtaining German citizenship after getting an EC permanent residence
Be present and live in this country for at least 5 years.
Having no criminal records in this country
Passing the German language test in this country
Having a suitable place for your and your family’s accommodation (13 square meters per person)
Having sufficient financial means to continue living in this country
At the moment, the German government has banned this immigration method, and now it is not possible for a person to get a residence permit in Germany through financial means. There is also another rule that even if you buy a property in Germany, you cannot get a student residence permit in this country, but you can apply for a residence permit through other methods such as registering a Limited Liability Company (GmbH), entrepreneurship in Germany, working and investing in Germany.
Obtaining a residence permit through financial means has been one of the ways to obtain a residence permit and citizenship in Germany, and almost similar to other countries such as France, Spain, and etc…, it used to have certain conditions and laws that have been abolished today, but instead you can consider Austria which is its neighbor and you can get a residence permit in this country.
Note that when it comes to buying a property, different countries have certain restrictions to maintain their territorial integrity, and there are few countries like Austria where you are allowed to buy property and get a residence permit through it, so keep in mind that it is not possible to get a residence permit in Germany through buying a property and financial means.
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