Third-countries nationals wishing to obtain a VISA in Luxembourg need to meet various requirements in order to proceed
Who is concerned
Third-country nationals can apply for a residence permit as an investor provided they plan to invest:
at least EUR 500,000 in an existing company with its registered office in Luxembourg an commit to keep for a duration of at least 5 years:
their investment;
a level of employment which must be equivalent to the level at the time of the investment (in the case of an acquisition of a company in difficulty and under a redundancy plan, the aforementioned requirement does not apply); or
at least EUR 500,000 in a new business still to be created, with its registered office in Luxembourg and at least 5 work positions which must be created within 3 years of the incorporation of the business. The recruitment of staff must be in collaboration with the National Employment Agency(Agence pour le développement de l'emploi- ADEM) or;
at least EUR 3 million in a management and investment structure, either existing or still to be created, with its registered office in Luxembourg where it must have and maintain the necessary substanceor;
at least EUR 20 million in the form of a deposit of funds with a financial institution established in Luxembourg, and with the commitment to keep said deposit for at least 5 years.
Creatrust offers the following services i nthis regards:
Tax and legal advisory on redomiciliation in Luxembourg – set up of private investment entities
Assistance in obtaining VISA or permits
Residency services for U-HNWIs
For more information regarding the different structures, please contact
Creacom@creatrust.com or by telephone on 00 352 277 297 40.
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