Easiest second passports in Europe 🇪🇺 (entrepreneur visa processing times) ⏳

Описание к видео Easiest second passports in Europe 🇪🇺 (entrepreneur visa processing times) ⏳

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The easiest second passports in Europe are those which you can secure at the end of the start-up visa terms (of which there are currently 12 in the EU, plus one in the UK).

In five out of the 13 Member States with specific scheme, there is no maximum processing time on whether the start-up qualifies under the scheme. In the remaining Member States, the maximum processing time as provided by law ranges from 10 days in Estonia and Spain, to 15 working days in Lithuania, three weeks in Austria and Cyprus, one month in Latvia and Italy, and 90 days in Portugal.
In practice, only limited information was available on the average processing time. In Cyprus, this is 15 days; one month in Latvia and in Ireland 3-4 months.

This video shows the maximum and average processing times for decisions on whether a start-up qualifies, by Member State, in order of the easiest second passports.

Some Member States reported that there is no interim period between the assessment decision and the registration of the company/application for the residence permit.

The eligibility statement indicating the positive assessment decision is required for the residence permit application and is valid for:

Two months in Finland;

Three months in Lithuania and the United Kingdom;

Six months in Italy;

Five years in Estonia.

Across the Member States, a range of different authorities are responsible for assessing the eligibility of the business applications under the various schemes. In most cases, the public authority dealing with business/start-up/ innovation issues undertakes the assessment, while in other Member States the responsibility lies with the respective ministries or other bodies without an innovation/start-up orientation.

In Estonia, the expert committee comprises of representative organisations of the startups, including public and private bodies.

In Austria, the Public Employment Service is the competent authority. In Ireland, the ultimate decision is taken by the Irish Minister for Justice and Equality (following a recommendation by an evaluation committee consisting of several authorities and chaired by the immigration authorities).
In the United Kingdom, the business idea must be endorsed by an approved body, depending on the type of business and the type of visa (start-up or innovator). In the majority of Member States, following a positive decision on the business plan, third-country nationals are then able to submit an application for a visa/residence permit.

#secondpassport
#citizenshipbyinvestment
#investorvisas
#entrepreneurvisas
#startupvisa

☎️ I am happy to speak with you about your visa and citizenship options. Email me 📧 at [email protected]

DISCLAIMER: This video is for general information purposes only and does not constitute legal or professional advice. It should not be used as a substitute for legal advice relating to your particular circumstances. Please note that the law may have changed since the date of this video.

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