Poland is a member of the European Union and is located east of Germany. Poland offers temporary residence to business investors that want to start a business in the country. It basically requires the investor to set up a business activity and demonstrate that they generate at least 15,000 EUR of income a year to be eligible for a temporary residence permit. Multiplying the 15,000 EUR income can lead to more temporary residence permits for the investors. Investors can invest in real estate as a business. After 3 years of holding the temporary permit, the foreigner can apply for permanent residence in Poland. After 3 years of permanent residence, the foreigner can apply for naturalization into Polish citizenship. Citizenship by investment is also possible at the discretion of the government. It’s not a straightforward process, but in the past investors that had invested above 1M EUR into the Polish economy were able to receive expedited naturalization. The Polish passport is one of the best in the world with visa-free travel to the U.S. and freedom of movement in the European Union.
Some foreigners may establish and conduct business activity may take up and conduct business activity exclusively in the form of:
For more information on the procedure of legalization of residence on the basis of conducting economic activity visit->
Note: A foreigner who wants to establish one of the aforementioned partnerships or companies does not have to legalize his stay in Poland and apply for a work permit in Poland. Such a foreigner is the owner of a company and does not have to physically reside in Poland – he can register a firm via the Internet, for example. The person who will actually conduct business activity in Poland is, for instance, a company director. In case the director is a foreigner, he has to apply for a permit to work in Poland and have grounds for residence in Poland.
Members of the family of foreign persons to whom international agreements apply and who can take up business activity in the form of a limited partnership, limited joint-stock partnership, limited liability company and joint stock company, holding a residence permit for an unspecified period, may undertake and conduct business based on the same principles as those foreigners.
Family members holding a temporary residence permit, granted in connection with the arrival or presence in Poland in order to reunite with the foreigners’ family (who hold a residence permit for a specified time and conduct business activity on the basis of an entry in the register of economic activity made on the reciprocity principle) may undertake and conduct business on the same principles as those foreigners.
Good to know: People who are interested in doing business in Poland can contact the Polish Agency for Enterprise Development (PARP), which provides training courses for entrepreneurs and organizes post-graduate studies.