Entrepreneur Visa (Entrepreneur Visa for Foreign Investors) is a special visa that allows foreign nationals to start or take over a business in Germany. This visa is typically issued to individuals planning to actively engage in the German economy and contribute to job creation and economic development.

General Information:

Target group:

• Foreign entrepreneurs wishing to establish a new business in Germany.

• Individuals looking to take over an existing business in Germany.

Requirements:

• Proof of a viable business idea that will have a positive economic impact on the region.

• Evidence of sufficient financial resources to fund the business and cover living expenses.

• A detailed business plan, including the business idea, market analysis, and financial plans.

• If necessary, proof of relevant qualifications or experience in the chosen field of activity.

Application Process:

• The application for an entrepreneur visa must be submitted to the competent German foreign mission (embassy or consulate) in the applicant’s home country.

• Various documents are required, including a passport, resume, proof of financial resources, business plan, and possibly other specific documents.

Duration and Extension:

• The entrepreneur visa is typically granted for up to three years but can be extended if the business is successfully established.

Integration:

• Entrepreneurs receiving a visa are often required to prove German language skills to better integrate into society and the economy.

Key Points:

• It is advisable to gather comprehensive information and seek legal advice before applying to ensure all requirements are met.

• Exact requirements and procedures may vary depending on the federal state and individual circumstances.