Residence Permit and Business Visa Programs
Investment immigration enables an individual to invest a set amount of money into a project, in order to be considered eligible for a permanent residency visa. Each country stipulates the set sum of money required by the applicant in order for him to be issued a residency visa. The investment generally has to be made to a pre-approved project in the country they seek to reside in, and must be solely for the benefit of the country’s economy.
Sweden is a member of the European Union and is considered a prominent location for foreigners to reside in due to its strong and stable economic infrastructure and respected legal framework. Sweden promotes a high standard of living and low living costs. It is abundant in low priced properties and is strategically situated for effective European business relations. Sweden is considered an environmentally friendly country, and a beneficial destination among foreign investors.
In general a Non-EU applicant wishing to reside in Sweden for a period longer than 90 days is required to apply for a temporary residency permit. Typically, this permit is applied for and obtained prior to the applicant visiting the country. The applicant is required to apply for this particular visa through the Swedish Consulate or Embassy in their country of domicile. This is where an applicant applies for and receives approval for a residence permit. After this, they are entitled to live and work in Sweden. Further, applicants who have lived in Sweden for a minimum of 5 years are entitled to apply for a permanent resident permit. A permanent residence permit will allow the applicant to live in Sweden without a passport for an indefinite period of time.
Residence permits are usually approved for the following classifications of individuals:
The main condition of the permanent residence permit is that the applicant must remain domiciled in Sweden. A residence permit can therefore be revoked if the applicant leaves the country for more than one year. Other instances where your residence permit can be revoked are:
Certain documents are required for submission in application for a residence visa.
If you are a businessman seeking a permit to entitle you to conduct business relations in Sweden, you will be eligible to apply for a for residency permit for the self-employed.
Application for this particular type of visa requires the following documents: