‘Fewer than 10’ rich investors have taken advantage of a Dutch scheme to give residency permits to people pledging to put at least €1.25m into an innovative Dutch company, according to research by Trouw.
The scheme was launched in 2013 but has not proved popular because of the stringent checks and due to competition with other countries, the paper said. A year ago, the European Commission urged the Netherlands and 22 other countries to halt schemes granting ‘golden’ visas and passports to foreign investors because of the risk they could involve criminal cash. Bulgaria, Cyprus and Malta grant foreign investors citizenship without requiring them to live in those EU countries in return for hefty fees, although Bulgaria has said it will stop the process. The Netherlands is one of 20 countries offering a residence permit in return for payment.
Why will RPS LEGAL make a success of your company incorporation?
RPS LEGAL is a law firm specialized in assisting and advising International Companies and Start Ups with business expansion to The Netherlands and Europe. We are dedicated to making it easier for your businesses to start a company in the Netherlands. We facilitate the whole process setting up a company incorporated under Dutch law.
mr R.P. (Rolf Peter) Rothuizen LL.M.
Specialist in Business Law, Company Law and Tax Optimisation
+31 6 – 50 87 48 38