Sweden’s Self-Employed Residence Permits
In order to welcome foreign investors, Sweden has enacted investment-based immigration programs designed to encourage skillful businesspeople and entrepreneurs to relocate to the country. Sweden’s Self-Employed Residence Permits Foreign nationals who are seeking to establish businesses in Sweden may qualify for the country’s Self-Employed Residence Permit (SERP).
- That they possess significant experience in their field of expertise and past experience in running their own businesses.
- Additionally, they must also have demonstrable proficiency in the Swedish or English language.
- Prove that they will be running the business in Sweden and will own at least half of the commercial enterprise.
- Show how the commercial enterprise’s goods or services will be sold in Sweden, and possess sufficient money to support themselves and their families during the first two years of their stay in Sweden.
- Finally, they must also show that after the initial two-year period, the commercial enterprise will support them and their families.
- Free Education
- Free Health Coverage
- English Language is accepted and widely used in Sweden
- Visa for free travel to 26 Schengen countries and other countries
- Financial infrastructure, telecommunications, banking and healthcare
- Reasonable cost and practical prompt submission and high efficiency
- Access to the European Union and Nordic market
- Citizenship of life transmitted to future generations by descent
- Stable and innovative economy
- Forward thinking and business friendly
- Sweden has dual tax agreements with more than 60 countries
- Children up to the age of 18 are allowed to apply as citizens.
- English is one of the official languages and all legislation in English
- The right to live, work and study in Sweden
- Stay six months a year in any Schengen country.
- Access to the rest of Europe, which allows you and your family to live in any EU country
- To provide a statement of your expected profits within two years, sufficient for you and your family expenses
- Proof that you have an amount of SEK 200,000 to support you and your family.
- You must be fluent in Swedish or English. Your passport must be valid for at least two full years
- You must have experience certificates in the field you wish to invest
The duration of your application is 8 to 11 months to accept or reject your application as an investor in Sweden.
Valid passport: copies of the pages in your passport which show your personal information, photograph, signature, passport number, passport issuing country, the period of the passport’s validity, entry and exit stamps and whether you have permission to live in countries other than your country of origin.
- Show that you have significant experience in your field and previous experience of running your own business
- Contract of sale if you have bought or intend to buy the business or enterprise
- Partnership agreement or stock register
- Bank document which shows that you have paid the purchase sum or your part of the purchase sum, if you have bought the business or enterprise
- Contracts with customers/suppliers and for premises
- Annual accounts/reports for the previous 2 years (if the business has been in operation earlier)
- Balance sheet and income statement (report) for the current financial year, up to and including the previous month
- Show that you are running the business, that you have the ultimate responsibility for it and that you own at least half of the business.
