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estate and residence permit in Germany

Many Russian entrepreneurs, deciding to play the role of investors in Germany are well aware of that, having invested heavily in enterprise or ensuring the availability of new jobs, they are able to obtain a residence permit in Germany. More detail, we considered this issue in February issue. But few are aware that obtaining a residence permit also helps in purchasing real estate property in the territory FRG. But not every self-respecting firm could highlight this aspect in detail. The purpose of this article - to fill the gap.

type in this If it does not matter until the object is used for housing rather than commercial or industrial purposes (eg, hotel, etc.) When purchasing real estate property owner is entitled to obtain a residence permit without an obligation to engage in employment. In other words, a person acquiring a certain property Germany has every right to live exclusively in the country, without working, without engaging in entrepreneurial activities. The residence permit is issued for one year and renewable every year subject to valid data at the time of issuing the residence permit. After five years, the temporal resolution loses time constraints and changes to the permanent residence permit.

Recently, we asked the customer, who wanted to buy a house in Germany. During the consultation, held in our office within a business meeting, we discussed the legal status in the context of the situation and developed a plan for success receipt of permission to stay in Germany, given its financial capabilities.

Naturally, as a last resort, the host decision assigned residence, are the authorities.

Yet the plans submitted to the foreign government, is the basis for obtaining a permit.

particular importance is the evidence that the person wishing to obtain a residence permit in Germany state ensure that their stay in the country itself. The problem for immigrants from Russia is that this fact is often confirmed by the presence of capital needed in Russia, for example, contributions to real estate. Our client is something and it was a stumbling block. But this difficulty can be overcome. Decisive factor in this case is the fact that profitability of real estate in Russia, ie its ability to provide steady income to the applicant. Properties in Russia and all its associated profit can be estimated by inviting an independent expert, and then provide expert opinion for consideration in the foreign office in Germany.

If you have purchased some property in Germany and received a residence permit, you do not have to stay in Germany. Conversely, you entitled to travel all the CIS countries and stay there for long. It is important to note that Germany has not decided to abandon property that can "feed" owner. A case when a person has sold all the property in Germany, was discharged in the table registration and returned to Russia. After some time, our hero changed his mind and decided to beat all. He returned to Germany and, despite his actual residence permit, the foreign office has banned the applicant is in West Germany.

Obtaining a residence permit based on the fact that the acquisition of property associated with many pitfalls, therefore, we necessarily suggest you contact the services of a qualified lawyer with experience in such matters. Empirically proven that the failure foreign agencies in the provision of the document is not appealable.

needed from the beginning to think all the details, to make action plan and submit agency has already prepared a package of all required documents.

Dr. Christian baths Tsvol

Dmitry Schneider