Can I get residency in Germany if I buy a house?

Germany does not grant visas or residence permits based on real estate investment alone. So this option is NOT available to foreign investors. Residence permit holders may freely purchase real estate in Germany as a business investor.

How much money do I need to invest to get permanent residency in Germany?

When applying for German residency by investment, there is no set minimum figure for the amount you must invest. However, planning to invest at least 350.000 euros is recommended.

What are the requirements for residency in Germany?

Five uninterrupted years of residence in Germany with a residence permit. Five years of secure livelihood, including health insurance and social insurance (pension) contributions. Adequate living space for you and your family (at least 13 sqm per person) Working knowledge of the German language (at least B1 level)

Can a foreigner buy a property in Germany?

There is no restriction on foreigners buying property in Germany, no matter whether they live in Germany or elsewhere. You can, therefore, buy property as a non-resident with the expressed purpose of renting it out, or you can choose to rent out your own home if you move away from Germany.

Does Germany have a golden visa?

What is the Golden Visa in Germany? Germany’s investor visa scheme, or the golden visa program, is a residence by investment initiative that grants foreign investors with temporary three-year residency in the country, in exchange for investing in a real estate project or business venture.

Can I get residency in Europe if I buy a house?

Can I get permanent residency in the EU by investment? Yes, you can get permanent residence by investment in the EU after years of living there. One example is Portugal, which offers a permanent permit for an investment of at least €280,000 in real estate after a period of five years.

Which EU country gives citizenship by buying property?

In the European Union, Greece, Malta, Cyprus, Spain, Portugal, Latvia and Ireland offers different residency types for third-country citizens in exchange for a real estate investment. Portugal, Spain, Latvia and Ireland offer temporary residence permits in exchange for real estate investment.

How non EU can get residency in Germany?

Non-EU nationals planning to stay in Germany for more than 90 days must obtain a residence title (Aufenthaltstitel) prior to moving to Germany; a residence title can be obtained from the German embassy or consulate in the current country of residence. This can be done in conjunction with the required visa application.

How many years do you have to live in Germany to become a citizen?

eight years
To be eligible for naturalization, a person has to have lived legally in Germany for at least eight years and possess the appropriate residence permit. Foreigners who have successfully completed an integration course are eligible for naturalization after seven years.

Can foreigners buy property in Germany as a temporary residence?

Buying real estate does not grant foreigners the right to temporary residence. However, the ownership of a property used for personal residence for, even for less than 183 days a year, can make the German tax authorities identify a person as a tax resident.

How many residence permits do I need to live in Germany?

In general, three residence permits allow you to stay in Germany for different periods. As its name suggests, the Temporary Residence Permit or Limited Residence Permit (Aufenthaltserlaubnis) is for shorter stays in Germany.

How to get a tourist visa to visit a German property?

Note: The “C” category tourist visa can be obtained to visit the property purchased in Germany. The documents proving the title of ownership in Germany are required for such visa and can be an extract from the land register (known as “Grundbuch”) up to six months old or a copy of the purchase agreement.

Do I need a Schengen visa to live in Germany?

For some countries, though, it is possible to enter Germany without a visa during those first 90 days and apply for a residence permit from inside the country. Visit the Do I need a Visa for Short Stays in Germany to determine whether you can go into the country without a Schengen Visa.