Residency by investment in Poland

Residency by investment in Poland
Jakub Chajdas

Jakub Chajdas

Partner / Attorney-at-law

Poland is an attractive destination for people who are looking to start a business and gain residency. With its rich cultural heritage, thriving economy, and affordable living costs, Poland is becoming an increasingly popular choice for entrepreneurs who want to start a new life in Europe. Currently there is no residency by investment in Poland, therefore in this article we will explore the options available for obtaining residency in Poland through starting a business. Read this article to understand the requirements and benefits of business immigration to Poland.

October 23, 2023

Table of Contents

Overview of business immigration to Poland

Starting a business in Poland is a way for individuals to obtain residency in the country. In order to obtain a temporary residency permit in Poland, the foreign entrepreneur must meet certain requirements, such as having a company that employs at least two individuals or generates an income of at least 12 times the medium salary in Poland. This program is designed for entrepreneurs who want to live in Poland for a longer period of time but do not want to go through the traditional immigration process.

The benefits of obtaining TRP in Poland through business set-up

Obtaining residency in Poland through starting a business offers numerous benefits, including access to the EU’s single market, a stable and growing economy, and a high quality of life. The country has a rich cultural heritage and is home to some of the most beautiful cities in Europe, including Krakow, Gdansk, and Wroclaw. Furthermore, the cost of living in Poland is significantly lower compared to other EU countries, making it an attractive option for entrepreneurs.

Immigration through investment to Poland – requirements

To obtain residency in Poland through starting a business, the foreign entrepreneur must meet certain requirements. These requirements include having a company that employs at least two individuals or generates an income of at least 12 times the medium salary in Poland. The entrepreneur must also have a clean criminal record, be able to prove financial stability, and have health insurance. Evidence of language proficiency may also be required.

The procedure of applying for residency through business investment in Poland

The process of applying for residency in Poland through starting a business can be complex and time consuming, so it is important to understand the steps involved. First, the entrepreneur must start a company and meet the requirements of having at least two employees or generating an income of at least 12 times the medium salary in Poland. Next, the entrepreneur must submit the required documentation, which may include proof of business ownership, passport copies, a criminal background check and a business plan. The processing time for residency applications can take anywhere from a few months to a year, so it is important to be patient and understand the process.

Business opportunities in Poland

Poland offers numerous entrepreneurial opportunities, including industries such as technology, tourism, and agriculture. The country also has a growing startup scene, making it an attractive option for entrepreneurs who want to start a business in a thriving economy. It is important to research the different opportunities available and choose the one that best suits your skills and interests.

Residency by investment Poland. Tips for successful business immigration to Poland

There are a few key tips that will help you successfully obtain residency in Poland through starting a business.

Firstly, it is important to choose a reputable and experienced law firm who can guide you through the process.

Secondly, it is important to be well prepared and have all the necessary documentation in order, such as proof of business ownership, passport copies, a criminal background check and a solid business plan.

Thirdly, it is important to understand the local market and the industry you want to enter to increase your chances of success.

Finally, it is important to be patient and understand that the process of obtaining residency in Poland through starting a business can take several months to a year.

Is starting a business in Poland right for you?

Starting a business in Poland for residency is a great option for entrepreneurs who want to live in a country with a thriving economy, rich cultural heritage, and affordable living costs. However, the process of obtaining residency through business can be complex, expensive and time-consuming, so it is important to understand the requirements and benefits before making the decision. If you are a driven entrepreneur with a solid capital, passion for business and a love for adventure, starting a business in Poland may be the right choice for you.

If this article was interesting for you and you want to know more on the topic it concerned we encourage you to contact us. Specialists from our law firm in Poland, will  be happy to help. If you are interested in company registration in Poland visit our dedicated landing page.

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