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Sweden is a rich country with a competitive economy that offers many investment opportunities. Being a global leader in innovation with a stable economy and world-class infrastructure, Sweden has achieved wealthy standards of living. Wealthy individuals with ideas for innovative businesses with growth potential and who want to invest in Sweden can apply for an investment visa.

What Is an Investment Visa?

An investment visa sometimes referred to as a Golden visa, is a program for wealthy people who have the necessary capacity to invest in a country and grow their business there. You can obtain a residence permit and citizenship through investment. The investment options are different for every country.

Does Sweden Have an Investment Visa?

Sweden does not have a straightforward residence by investment program where several pathways exist to complete your investment and obtain a residence permit (like purchasing real easte as it is in other countries).

However, alternatively, you can obtain a visa as a self-employed person who owns a business in Sweden or will operate a new business in Sweden. While there is nothing definitive regarding your type of business, it is recommended to focus on these industries:

  • Automotive.
  • Power and energy generation.
  • Wood pulp and paper.
  • Medicine.
  • Logistics
  • IT data centers, etc.

Sweden Golden Visa Requirements

There is no Golden visa in Sweden, but to obtain a residence permit based on your investment in a business, you need to meet the following criteria:

  • The investor must be at least 18 years old at application time.
  • The investor must not have a history of criminal charges and must have proof that the income was acquired legally.
  • The investor needs to show evidence they have enough money to support themselves and their family members in Sweden:
    • 200,000 SEK (Swedish Krona) for the main investor.
    • 100,000 SEK for the spouse/partner of the main investor.
    • An additional 50,000 SEK for accompanying children.
  • The investor must have experience in running a business.
  • The investor can support his family during their stay in Sweden.
  • The investor must own at least 50% of the business in Sweden.

Sweden Investment Visa Processing Time

The processing time for a Sweden investment visa may take several months. The embassy will notify you within this time of your visa status.

Sweden Investment Visa Duration

A Sweden Investment visa is valid for 1 year with the possibility of extending it. If you decide to live in Sweden, you will obtain a residence permit valid for five years. To be eligible for a permanent residence permit (citizenship), you must have five years of uninterrupted residence permit in Sweden.

Can I Bring My Family With a Sweden Investment Visa?

If you apply for a Sweden investment visa, your family members (spouse and children) will receive a residence permit. The residence permit will be valid for the time you continue your investment in Sweden. In addition, your family can live, work in Sweden and anywhere in the European Union and they will have access to free healthcare.

Obtaining a Sweden Citizenship with Investment Visa

An Investment visa will automatically grant you a residence permit without being required to live in Sweden. This type of visa can also lead to gaining Sweden citizenship, but you will be required to live for five years in the country.

Here is the list of documents you will need to obtain Sweden citizenship by investment:

  1. Passport. A valid passport not older than ten years.
  2. Means of subsistence. A bank statement of the last three months proving you can support yourself.
  3. Proof of accommodation. Submit a lease or rental agreement to prove you have a place to live in Sweden.
  4. Proof of experience. Copies of school certificates, proof of previous employment, etc.

Can I Get Dual Citizenship With a Sweden Investment Visa?

Yes, Sweden allows dual citizenship. One of the benefits of getting Swedish citizenship is that you will not have to lose your old citizenship unless your home country does not allow dual citizenship.

Benefits of the Sweden Investment Visa

Sweden investment visa comes with many benefits:

  • You can keep your former passport after obtaining a Swedish passport.
  • The Swedish passport allows you to travel freely to 180 countries around the world.
  • Free access to education and the healthcare system.
  • You will obtain a Sweden residence permit.
  • You will enjoy high-quality life.
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