Is it true that foreign nationals can now come to Germany to start their own business?
We want to make it easier for innovative people from abroad to start their own business in Germany and help create jobs here. The changes in the Residence Act in force since August 2012 are intended to encourage would-be entrepreneurs to invest in Germany and give the federal states more leeway in assessing whether a given business project is likely to be successful. Since 1 August 2012 the rules prequiring a minimum sum to be invested and a minimum number of new jobs to be created have been abolished.
For independent professionals, for whom residence permit requirements are less stringent, the situation remains unchanged.
For more information, please contact your local German mission.