Complete Guide to Startup Denmark Visa or Denmark Investor Visa

If you are an entrepreneur who has plans to settle abroad, then you should consider settling in Denmark through the Startup Denmark Visa scheme, initiated by the Government to enable skilled entrepreneurs to relocate to the country and set up highly successful startups. The Visa is aimed at entrepreneurs who are planning to start innovative and scalable businesses which have clear potential for growth

What is Startup Denmark or Denmark Investor Visa?

Startup Denmark is a visa program, aimed at entrepreneurs who are not residents or citizens of EU/EEA countries. Immigrants who are interested in applying are required to submit a business plan, as a part of their application, which will be evaluated by a panel of independent experts to determine its feasibility and economic contribution to Denmark. If your business plan is approved, then you will be eligible to apply for a work and residence permit for denmark, and allow you to come to Denmark as a self-employed entrepreneur. The visa will be initially granted for a duration of two years, which can be extended for a further period of three years at each with the possibility of extension for three years at a time.

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What are the Eligibility Requirements for Startup Denmark Visa?

You will need to fulfill the following conditions in order to be eligible to apply for a residence permit under Startup Denmark

• You should be self-employed in your own business or should have a feasible plan to start one
• You should not be a citizen of either the European Union or the European Economic Area
• You should submit a business plan that provides details of the business that you are planning to start
• a.The business plan can be submitted individually or as part of a team
• b.The maximum number of people in the team should not exceed three people
• c.You can have EU/EEA citizen as part of your team but you should be a non-EU/EEA citizen
• The business plan should be approved by an expert panel who will independently review your application
• The business you propose to start should be scalable and innovative and should have the easily demonstrable potential for growth

• If you have a spouse or partner accompanying you, then they must have documents that prove that they are related to you
• a.Documents can include a marriage certificate, birth certificate, or equivalent
• b.All accompanying family members should live at the same address as the primary applicant including children who are 18 years old
• 1.You and your family members should hold valid passports
• 2.You will need to prove that you have the necessary funds for starting up a business in Denmark and are able to sustain yourself and your family
• 3.You will be allowed to apply for public and private funding once you get your permit
• 4.You should be able to support yourself and your family for the duration of your stay in Denmark. You will not be eligible to receive any benefits from social welfare in Denmark when residing under this visa

Benefits and features of Startup Denmark visa

Once you have been found eligible and have received the Start-Up Denmark Visa, then you will be able to enjoy the following benefits

• You will be able to work in a business in which you have a permit. You can also work in a voluntary position
• If you plan to start a new business or take up salaried employment, then you will need to apply for a new permit
• If you plan to take up an extra job, then you will need to apply for a different permit
• You will not be able to work in other Schengen countries on this visa, however, you can live in a Schengen country for up to 90 days
• You will be able to stay in Denmark for the duration of your visa validity
• You should not live outside Denmark for more than 6 months
• If you plan to stay abroad for a long duration, then you should apply for dispensation
• You can be eligible for Danish lessons, which will need to be partially paid for by you

How to Apply for Denmark Investor Visa

You will need to follow the steps given below in order to successfully apply for a Startup European Denmark Visa

Step1: Create your Case Order ID

You will need to create a case order ID as the very first step with the following information

• Your Identity information
• Case type
• Fee

Step 2: Pay the Fees for the Visa

You should make sure to register your Case Order ID and pay the required fees before 1^st Jan of any year. If you pay the fees before Jan 1st and submit your application after Jan 1st, then it could be rejected.

Step3: Get your Documents Ready

You should submit the required documents and make sure that you also submit certified translations if they are not in English or Danish.

• Documents proving payment of a fee.
• Copies of all pages of your current passport –with empty pages and the passport’s front and back cover.
• Documents showing your business plan that is approved by the panel of experts from the Danish Business Authority.
• Documents that can prove that you can sustain yourself and your family in Denmark.
• Documents that prove that you are the owner of your company if it is relevant to your application.

Step4: Complete your Application Form

In this step, you will need to get access to the SD1 application form and ensure that you have completed all the preliminary steps, and have all the required documents ready for Denmark Visa in the digital form, so you can attach them with your completed form.

Step5: Complete your Biometrics

When you have applied for a residence permit, then you will need to take your biometric record. This would mean that you need to get a facial photo of you as well as your fingerprints. Your photo as well as your fingerprints will be stored on a microchip that is embedded in your residence card. This is a mandatory step for processing of visa

Step 6: Wait for an Answer

Once you have submitted all details of your application, and have checked that you completed the following steps

• created your case order ID
• paid your fees
• submitted your application for Startup Denmark Visa
• Have had your biometric features recorded

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Then you will need to wait for an answer, and once you have received a residence and work permit, you can proceed to the next and last step

Step 7 Launch your Business in Denmark

Apply for residence and work permit visa. Once you have received, then you can come to Denmark in order to launch your startup. If you need any assistance, then you can contact a Business Development center in Denmark. You will need to apply for Numida secure login and register your business in Denmark.

Top FAQs Asked by Indians who Invest in Denmark