Like many European countries Poland also suffered badly during the World War II, and was invaded by Nazi and the Soviet Union. Still, the country has managed to save its cultural wealth, and today it is known as one of the safest countries for migrants.
Soon after the end of communist regime, the nation managed to achieve High Human Development, and made its economy strong. Today, it is proud to have the sixth largest economy in the European Union (EU) and one of the fastest growing economies in the whole world.
Lately, the country has gained world wide popularity as an emerging immigration destination in Europe, especially for business personnel. Poland business immigration has fast become popular. It acts as an easy European gateway and is famous especially among those who dream of living and working in Europe.
If you are a prospective immigrant with strong determination and clear intention of starting a new business, partnering in an existing venture or investing in the country, then you can surely bank upon Temporary Residence Permit (TRP).
It is necessary for applicants to apply for the TRP if they wish to stay in the country for more than three months, though the maturity period of the permit is three years which can be extended on request. With a Polish Residence Permit one can take a trip through the entire Schengen area.
However, if you wish to acquire Polish Citizenship, you will have to wait a bit longer. Besides, while living as a Temporary Resident in the nation, you will have to prove that you are worthy enough to be granted Polish Citizenship.
Why Poland Business Immigration?
Due to its economic growth, the country has gained popularity in Europe, and as per some reports, it has been estimated that closer to 1.700.000 Multi-national Companies (MNCs) are operating from the Polish soil. The country has, in fact, become a major European Economic hub.
The reason why more heads are turning towards Poland is its easily approachable and business friendly environment. The Polish Government and the EU collectively provide economic support to foreign investors and/or business personnel.
While the country assures maximum return on your investment, you are encouraged to start a venture in Special Economic Zone (SEZ) which allows you to run a venture smoothly with no liability of income tax. You will be further exempted on property tax, can purchase land at low price. Lastly, you will receive free assistance while completing paper work.
And, if just buy chance, you are dealing in some specific industries–such as automotive, electronics, aviation, or biotechnology–then you are eligible to submit an application for a grant from the ‘Program to support the investments of high importance for the Polish economy’, provided it shows promising signs of future economic prosperity, and a possibility to get contribution towards the national economy.
The applicant must depart from Poland before the TRP expires, until and unless he has legally acquired or extended the visa legalizing his stay legal in the country.
Why Submit Petition for Poland Temporary Residence Card?
To begin with, the holder gets differet tax sops and other tax benefits from the Polish Administration. Number two, the Polish laws are pretty hassle-free for unrestricted repatriation of earnings. Number three, there are no constraints whatsoever on the transfer of shares inside the nation and the repatriation of happenings.
Poland Temporary Residence Requirements
Foreign business personnel may apply for Temporary Residence if they successfully meet with the following conditions:
- The applicant has valid health insurance coverage.
- He has enough economic sources to cover his/her stay in the country along with accompanied family members.
- He has a place of residence in the country.
Foreign people with promising business plan are given preference, especially those with an ability to create fresh jobs for at least two local citizens. These people are entitled to live and work in the country without acquiring an additional work permit.