Netherlands Investor Visa
The Netherlands introduced a points-based immigration system “for independents, business proprietors and investors” on January 3, 2008, although the system had already been launched in 2006 for “knowledge” and “high quality” migrants.
The country’s investment visa program targets “individuals of high net worth status, business proprietors and foreign investors, provided each applicant adds value to the Netherlands economy.
The European Union has also “publicly recognized the key contribution that migrant entrepreneurs can make to sustainable growth and employment,” and stressed their importance in its European Agenda for the Integration of Third-Country Nationals. Under its Entrepreneurship 2020 Action Plan, the European Commission pledges to “propose policy initiatives to attract migrant entrepreneurs and to facilitate entrepreneurship among migrants already present in the EU or arriving for reasons other than setting up business” and to “analyze the opportunity of proposing legislation aimed at removing legal obstacles to establishment of businesses and giving qualified immigrant entrepreneurs a stable permit.”
The Points System
The applicant for an investor visa must have his business assessed according to a points system to ensure that it meets the requirement of serving the Dutch national interest and adding value to the economy. An applicant must acquire at least 90 points out of a maximum 100 per relevant category (i.e., 300 points in all) under the Netherlands points-based visa scheme. The Immigration Service (IND) under the Ministry of Security and Justice administers the system, but Senter Novem, a Ministry of Economic Affairs agency, carries out the assessment and allocation of points. Processing of applicants takes three to six months. The scheme is said to be similar to Denmark’s point system.
The points for the investor visa are awarded under three categories:
Personal experience: education, employment experience, previous annual income, possession of high-level entrepreneurial experience, experience acquired in working with or in the Netherlands (Holland);
Business plan: analysis of the market, organization, financing;
Added value for the Dutch (Netherlands) economy: innovation, creation of working places, investment.
Under this scheme, for example, if the entrepreneur’s business plan will lead to the creation of two to five new job opportunities, the application will receive 10 points; a master’s degree automatically confers 30 points; and a business plan involving a patent awards 20 points.
The advantage of such a points system “is that one can compensate a weak point with a strong point within the same category. For example, if an applicant does not have a PhD or Masters, then points can be scored with entrepreneurial experience, and the absence of financial investment can be compensated by an innovative product or patent. Higher points may be allocated for those who invest in distressed businesses or in rural areas or ones suffering from high unemployment.
Conditions for Permit Renewal and Family Reunion
Among the key conditions for renewal of the permit are that the applicant maintain an ongoing, active role in the business and a personal income level that is at least equivalent to the welfare level, which the available sources in English state to be €800 net per month. In order for spouses, unmarried partners, and/or children under the age of eighteen to join the entrepreneur, the entrepreneur’s income must be at least €1,559 net per month.
For Wealthy Immigrants
The Netherlands also makes available to qualified foreign entrepreneurs who have over €1,250,000 in verified financial assets a wealthy immigrant residence permit, which “allows self-employment without any restriction or review by the IND.”
How Lucas worldwide helps you :
Stage 1: Our Processing team will get in touch with you and collect process related details which would help us to understand whether you would be eligible to apply for this visa or not.
Stage 2: Post understanding the complete details an evaluation report will be shared with you and clearly explained to you all the pros and cons which would help you make a sensible decision.
Stage 3: Post opting for our services relevant documents list will be shared , we will review all the relevant documentation to assess current and future impact during your Visa application processing
Stage 4: we will prepare the required application forms, affidavits or covering letters and any relevant declarations to support your Investor application.
Stage 5: In case an interview is required we provide mock session (visa briefing) to attend visa interview
Stage 6: Once visa is approved applicants would be given visa guidance.