Finnish citizenship by investment

Finland does not currently have a specific citizenship by investment program in place. Citizenship by investment refers to a process where individuals can obtain citizenship of a country by making a significant investment, usually in the form of a donation, real estate purchase, or business investment.

How to get citizenship by investment in Finland

Finland does not have a specific citizenship program for investors or offer citizenship solely based on investment. However, Finland does have a residence permit program for investors and entrepreneurs that could potentially lead to eligibility for citizenship through naturalization in the future. Here are the key steps to obtain a residence permit as an investor in Finland:

  1. Business Plan. Develop a comprehensive business plan outlining your investment project and its viability in the Finnish market. Your business plan should include details such as the nature of the investment, financial projections, and the potential impact on the local economy.
  2. Investment Requirements. Invest a significant amount of capital in Finland. The minimum investment requirement varies depending on the specific program or permit you apply for. For example, the Finnish Startup Permit requires a minimum capital investment of 30,000 euros.
  3. Application Submission. Submit your residence permit application to the Finnish Immigration Service (Migri) or the Finnish embassy or consulate in your home country. Include all required documents, such as your business plan, proof of investment funds, and any other supporting documents as specified by the authorities.
  4. Processing and Decision. Migri will review your application and assess its merits. This process may involve an interview or additional documentation requests.
  5. Residence Permit Issuance. If your application is approved, you will be granted a residence permit. The permit will typically be valid for a specific period, such as one year, with the possibility of renewal.
  6. Residency Obligations. As a residence permit holder, you will need to comply with the obligations outlined by Migri, such as maintaining your investment, actively managing your business, and residing in Finland for the required duration.
  7. Naturalization for Citizenship. After residing in Finland for a certain period as a legal resident, you may become eligible to apply for Finnish citizenship through the naturalization process. The specific requirements for naturalization include a minimum period of continuous residence, proficiency in Finnish or Swedish language, integration into Finnish society, and meeting other criteria outlined by the Finnish Nationality Act.

Documentation

When applying for a residence permit as an investor in Finland, you will generally need to provide the following documentation:

  1. Completed Application Form. The form can be obtained from the Finnish Immigration Service (Migri) or the Finnish embassy or consulate.
  2. Passport: Provide a valid passport or travel document.
  3. Business Plan. Include information about the nature of the investment, financial projections, market analysis, and the potential economic impact.
  4. Proof of Sufficient Funds. This can include bank statements, investment portfolios, or any other relevant financial documentation.
  5. Proof of Investment. This can include investment agreements, purchase contracts, or other relevant documentation related to the investment.
  6. CV/Resume.
  7. Supporting Documents. Include any additional supporting documents that may strengthen your application, such as reference letters, professional licenses, or certificates.
  8. Health Insurance. This is a requirement for obtaining a residence permit.

Dual Citizenship

Finland allows and recognizes dual citizenship, which means that you can become a Finnish citizen and retain your citizenship of another country at the same time.

FAQ

Does Finland have a citizenship by investment program?

No, Finland does not have a specific citizenship by investment program where individuals can obtain citizenship solely through making an investment.

Can I obtain Finnish citizenship by making a significant investment in Finland?

While there is no direct path to Finnish citizenship through investment, you may be eligible to apply for a residence permit as an investor or entrepreneur in Finland. Holding a residence permit for a certain period and meeting other requirements can eventually lead to eligibility for Finnish citizenship through naturalization.

What residence permit options are available for investors and entrepreneurs in Finland?

Finland offers several residence permit programs for investors and entrepreneurs, including the Finnish Startup Permit and the Finnish Residence Permit for Entrepreneurship. These programs require you to establish or operate a business in Finland and meet specific criteria to be eligible for a residence permit.

What are the general requirements for the Finnish Startup Permit?

The Finnish Startup Permit is designed for innovative entrepreneurs who wish to establish a startup company in Finland. The requirements include a viable business plan, a minimum capital investment of 30,000 euros, and the potential to significantly promote growth, innovation, and employment in Finland.

What are the general requirements for the Finnish Residence Permit for Entrepreneurship?

The Finnish Residence Permit for Entrepreneurship is for individuals who plan to establish or operate a business in Finland. The requirements include a viable business plan, sufficient funds to support yourself and your family, and the ability to manage and develop the business successfully.

How long does it take to obtain Finnish citizenship through investment?

The timeline to obtain Finnish citizenship through investment is not fixed and can change depending on several factors, including the specific residence permit program, the duration of residence required, and the fulfillment of other naturalization requirements. It typically takes several years of legal residence in Finland before becoming eligible for citizenship through naturalization.

GET EU RESIDENCE BY INVESTMENT JUST 14000 EUR!

Find a mistake? Write us
Find a mistake? Write us