Business knows no boundaries and to build a successful cooperation with foreign partners, mutual visits to one or another partner’s country is mutually necessary. LLC "INVEX FONDI" offers their services to foreign nationals to receive residence permits (RP) within the European Union (EU). Foreign citizens have the right to choose in which of the EU Member States to obtain the residence permit.

Residence permit for EU countries for a resident outside the Schengen area, gives a right to reside in selected EU Member State for residence permit validity period. In other EU Member States with the residence permit they may stay 92 days in a year.

Benefits for residential permits for a foreign citizen:

• The possibility 92 days each year to have unrestricted access to the territory of the countries that have signed the Schengen Convention. The right to reside for an unlimited number of days and time in the specific EU Member State in which the residence permit was obtained;
• Ease of procedure for obtaining and significantly more likely to get a visa for immigration to Australia, UK, USA and Canada;
• The ability to buy a vehicle without customs clearance and use it within the EU and beyond;
• The ability to open accounts in banks of EU Member States;
• The ability to qualify for social security;
• EU education provision for children of foreign nationals who have received residence permits and study in another EU Member State;
• The ability to receive medical care;
• The ability to qualify for a permanent residence permit and later on for an EU Member State citizenship;
• Be able to get all EU resident and citizen rights, except the right to vote.

In order to obtain a residence permit, LLC "INVEX FONDI" recommends the use of business start-up method.

For this purpose it is intended to use the possibility of business migration, which means that, when a foreign national receives residence permit for one year, due to the formation of individual entrepreneur (IE) or a limited liability company (LLC), there is the possibility to extend it every year as long as this commercial company (merchant) is existing.

LLC "INVEX FONDI" is providing services and consultations throughout the process of obtaining a temporary residence permit:

• Establishment of a legal person;
• Formation of documents for submission to the EU Member States Citizenship and Migration Department;
• Further consultations for receiving and extending RP.

If necessary, LLC "INVEX FONDI" will send an invitation to foreign national to obtain visa so that this person could be able to enter the EU for the first time.

Order if the customer submits the documents at the consulate or embassy in his/her country.

Person who is applying for a temporary residence permit must submit a notarized power of attorney that grants the rights for LLC "INVEX FUNDS", on behalf of client, to establish a limited liability company or individual entrepreneur in an EU Member State.

The foreign national must obtain a bank statement proving the existence of necessary funds - not less than EUR 3 `500.00 respectively.

After the registration of IE or LLC in a Member State of the EU, we will send the client prepared documents that shall be submitted to the EU Member States consulate or embassy to apply for a temporary residence permit.

At the time of application the passport validity period of the applicant shall not be less than 3 months.

The applicant must pay a fee in embassy (consulate) of EUR 100.00. As long as the request for temporary residence permit will be under consideration the foreign national has the right to obtain multi visa allowing to visit all EU Member States.

The period of receiving temporary residence permit is 2 months after submitting of all necessary documents.

You will not be able to obtain a temporary residence permit if you are on Interpol list or have provided false information to the questionnaire.

After forming of temporary residence permit the foreign national will be notified by e-mail and will be invited to EU Member State Citizenship and Migration Department. In the presence of representative of LLC"INVEX FONDI” at the Citizenship and Migration Department all the necessary documents will be signed, and after one week, but no later than in 2 months, the applicant should take out the temporary residence permit. For those missing the 2-month deadline the above mentioned procedure must be repeated.

3 months before the expiration of temporary residence permit, we will contact the relevant foreign client to arrange the submission of documents for renewing it.

IMPORTANT! In order to not lose the right to stay in the EU, the applicant must at least once in half a year enter the EU or the Schengen area.

Five years after receiving a residence permit, the foreign national will be eligible for a permanent residence permit. In turn, after ten years, a person can apply for citizenship of an EU Member State, while also becoming an EU citizen.

Order if the customer submits the documents in the European Union Member State.

To receive a temporary residence permit in EU Member State following conditions must be met:

1. Establish a company (LLC) or sole proprietorship to obtain individual entrepreneur (IE) status in the EU Member State.
2. After IE or LLC registration LLC "INVEX FONDI" will prepare a full package of documents necessary for receiving temporary residence permit. The foreign citizen together with us will attend an EU Member State Citizenship and Migration department for signing the relevant documents. The formation of necessary documents for receiving temporary residence permit will be prepared within 1 business day.
3. Other terms do not differ from the ones that are required if applying through consulate or embassy.

Information about receiving temporary residence permit for the foreign national spouse and children

In order to receive a temporary residence permit, you must select one of the following options:

1. Each spouse should established their own LLC or IE. In this case, without further conditions, temporary residence permits will be granted to the children as well.
2. If one of the spouses has a temporary residence permit in force continuously for more than two years, the spouse is entitled to invite their spouse and children to the EU. In this case, without further conditions, temporary residence permits will be granted to these family members.
3. The children who have received a temporary residence permit must attend an EU Member State school or minority school.

If a foreign national has received a temporary residence permit for monitoring their business, but plans to mostly live outside the EU and the Schengen area, then the children do not need a temporary residence permit and are not required to attend an EU Member State school. In this case, the children can receive a multi visa for traveling inside the EU.