For foreigners seeking to start a business and immigrate to obtain Sweden citizenship by investment, there is no specific program, however, there is an investor visa for foreign businesspersons from non-EU countries.
Sweden is one of the most advanced European countries from an economic point of view. As such, it attracts people from all over the world who come to work or start businesses. The citizenship by investment program has more appealing, as the country’s economy is recovering after the COVID-19 pandemic.
Brief Information on Sweden Investment Visa Program
Sweden Investor Visa
Non-EU citizens can apply for residency which can lead to Sweden citizenship by investment in 2022 through the investor visa. This type of residence permit enables investors to move businesses to their businesses in Sweden. The main conditions to comply with in an order to obtain an investor visa are:
In most European countries, citizenship by investment programs is created to attract high-net-worth individuals who can make important contributions to the economy. However, in Sweden, the scheme is open to entrepreneurs who want and can rise to the high living standards of this country. Moreover, the government is keen on attracting entrepreneurs and persons willing to commit to long-term investments, which is why advanced citizenship cannot be obtained. An important aspect to consider about citizenship by investment in Sweden is that the program is a pathway for relocation to this country and not a scheme through which foreign citizens can enjoy special benefits.
One of the main advantages of immigrating to Sweden through citizenship by investment scheme or outside it is that self-employed individuals, workers, and investors benefit from the same requirements in terms of documents. Therefore, there is no distinction between their status. However, only those who have managerial experience or expertise in running a business and 100,000 EUR can act like business owners.
Recommended industries for Investment visas that can significantly increase the chances of success are the following:
Sweden Startup Visa
Self-employment through the startup visa is one of the main ways of entering the Sweden Investment Visa program. The main advantage of this type of residence permit is that it can be obtained after 2 years, and it does not require a minimum investment. The main condition to enter is to have experience in running a business. Proof to support yourself is also required.
Social Benefits of the Investor Visa in Sweden
The following documents need to be considered:
To qualify for Investor Visa in Sweden you need to:
Step 1: Gather The Required Documents – Getting your needed documentation together is the first and most important step. Gathering your paperwork can take some time, so ensure you have it all before your visa interview.
Step 2: Complete The Investor Visa Application Form – You will see the visa application form is on the list of required documents. After you have all the other documents, you must print out the visa application form and complete it. Once your visa application form is complete, remember that you must sign it at the bottom.
Step 3: Schedule A Visa Appointment – The next step is to schedule a visa interview at a Swedish Embassy or Consulate in your country.
Step 4: Attend Your Visa appointment – When you arrive for your appointment, an embassy or consulate employee will conduct a quick-person interview with you.
Step 5: Wait for your Visa to be Processed – This could take 15-30 business days. How long you will wait depends on if you entered your information correctly. Once your visa has been finalized, authorities will get in touch with you by phone, email, or SMS (depending on your preferred contact method).
Step 6: Collect your Approved Sweden Investor Visa – You can pick up your approved Sweden Visa at the Embassy or Consulate.
Privacy World offers its services to anyone, not only looking to obtain residency and/or citizenship processes but our experts figure out legal ways to:
Privacy World can also help you with incorporating your company in Sweden, assisting in getting you settled in the country, and coordinating with you so that this experience will be less of a hassle.
Want Privacy World to handle your case? Have any questions? Contact us!
Sweden allows dual citizenship. A Swedish citizen who acquires citizenship in another country will be allowed to keep the Swedish citizenship if the other country permits it.
When you have resided in Sweden with a right of residence for at least five years, you have a permanent right of residence.
Yes, you can include your dependents.
It is not difficult to bring family members to Sweden, however, there are a few aspects you need to consider. Among these, financial stability is one of the most important.
Yes, an interview is required, and in this interview, they will be asked a basic question about themselves.
No requirements regarding knowledge of the Swedish language or Swedish society have yet been introduced for permanent residence.
You must live in Sweden for at least 10 years to obtain citizenship. The same timeframe is available for citizenship by naturalization and investment.
A person who is a resident of Sweden is taxed on their worldwide income.
Non-residents are taxed on income derived from sources in Sweden.
Since 2007, there is no net worth/wealth tax in Sweden.
Since 2005, there is no inheritance tax in Sweden.