International entrepreneurs can get Belgian citizenship by investing in the country’s industry, as per the Belgium Residency Act. A residency visa is required to start a new enterprise or expand an established one.
You can put your funds into one of Belgium’s three territories: Brussels, Wallonia, or Flanders. After five years of continuous presence on Belgian land, the ability to earn Belgian nationality by investing is given. The entrepreneur must demonstrate mastery of one of Belgium’s primary languages and be involved in the country’s business and cultural activities.
Essential documentation for obtaining a golden visa in Belgium
- A medical document from a Belgian Embassies or Consulate-General-recognized doctor.
- Confirmation of a husband or wife’s familial connection, marriage, or partnership.
- Evidence of residence in Belgium.
- A passport photocopy.
- Valid Identification verification.
- Proof of Eu Nationality.
Requirements
People who intend to invest in Belgium are provided a golden visa and requested under Belgian legislation. The option of getting Belgian nationality by investing unlocks many extensions of residency visas and a significant role in the community.
In Belgium, an initial investment of 350,000 Euros is required. Check to see if hiring Belgians is required by regulation. Candidates for the Golden visa must have a spotless past and no felony convictions.
Furthermore, it is critical to demonstrate that funds for investment were received fairly. If you wish to acquire Belgian citizenship, you must be professionally and economically integrated into the community and have a solid command of French.
The residency visa is valid for one year and can be extended. Together with his dependents, the candidate has the option to file for Belgian nationality after five years of having a residency visa. For the first three years, an entrepreneur’s residency visa is renewed yearly. It can take anything from 3 to 8 months to acquire citizenship.
Expenses
Direct expenses of starting a business range from €10,000 to €20,000, plus a yearly subscription charge of €5,000, rent of around €6,000 annually, management and maintenance expenditures of around €1,000 each year, wages, and other liabilities.
The perks of Belgium citizenship
Belgium is one of Europe’s most industrialized and important commercial countries. Its well-developed architecture, expanding society, and pro-business policy appeal immensely to entrepreneurs and companies. In return for their contribution to the Belgian industry, they are granted a huge spectrum of incentives.
Educating in Europe
Entrance and education at colleges in Europe are subject to specific conditions for Belgian nationals.
Passport for the entire family
The ability to nationality applies to the primary candidate’s family members.
Healthcare services
You will be able to access high-quality healthcare treatment in European medical centers irrespective of where you live.
Tax advantages
To maximize earnings, a loyal tax structure has been established for entrepreneurs.
The entrance is free
Belgian residents have free travel to 184 countries across the globe, notably Eu nations, the Schengen Area, Canada, the United States, Hong Kong, and Singapore. Furthermore, as a European resident, you have the right to live permanently in any EU country.
Other benefits:
- Society is sophisticated, accessible, and well-developed.
- The advanced transportation system.
- Professionals that are highly competent, multicultural, and creative.
- Dual nationality.
Conclusion
Belgium is a renowned destination for international visitors, with individuals from all around the world wishing to settle there. It is attributed to good livelihoods, pleasant weather, and a favorable economic and financial setting. Furthermore, you can obtain EU citizenship in a short period (just for five years). Furthermore, one of the advantages of acquiring Belgian citizenship is that you do not have to relinquish your previous nationality. Dual nationality is not permitted in all countries in Europe.
