New Business Investor Residence Permit

at least EUR 500,000 in a new business still to be created , with its registered office in Luxembourg

With regard to investments in existing or still to be created businesses (investments of at least EUR 500,000), the company must or will have to carry out a commercial, craft or industrial activity.

Direct and indirect investments concerning the acquisition or rental of real estate are not taken into consideration in order to obtain a residence permit for investors.

The Minister of the Economy is competent in matters of investment projects of: at least EUR 500,000 in an existing business; at least EUR 500,000 in a new business still to be created.

at least EUR 500,000 in a new business still to be created

proof of payment of a fee of EUR 80 to account IBAN LU46 1111 2582 2814 0000

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) ;

After 12 months at the latest of the issuance of the temporary authorisation to stay for investors, the minister who validated the investment project will verify if the conditions regarding the investment project are still met .

If they are not, the minister can grant a deadline (maximum 12 months) to correct the situation. If the situation has not changed after the deadline has passed, the minister concerned can address the minister responsible for immigration matters and suggest that the residence permit be withdrawn .

foreigners who intend to leave the Grand-Duchy of Luxembourg for more than 6 months must return their residence permit

This procedure applies to third-country nationals who are family members of a third-country national (i.e. a national of a country which is not an EU Member State or a country treated as such) who wishes to join their family member(s) in Luxembourg.

the spouse or registered partner of the sponsor, aged 18 or over at the time of the application for family reunification

the unmarried children under 18 of the sponsor and/or the spouse or partner for whom they have custody and where the children are dependent on them

provide proof that they have stable, regular and sufficient resources (salary, wages, income from assets) to support themselves and the family members under their care, without having to resort to social welfare.

Holders of a residence permit for ' family members ' are given access to: education and professional guidance; training; the job market; and advanced training and retraining courses. The permit holder is authorised to carry out a salaried or self-employed activity in Luxembourg.

The residence permit for 'investors' is valid for a maximum of 3 years and is renewable provided the conditions for renewal are still met.

Third-country nationals must send their application for renewal of the residence permit to the General Department of immigration within 2 months prior to the expiry date of the residence permit

After 5 years of lawful and uninterrupted stay on the territory of Luxembourg, third-country nationals may submit an application for a long-term residence permit .

Investors who invested at least EUR 500,000 in an existing company or in the creation of a company can also apply for a business permit if they meet the conditions required.