Residence in Poland, where there is an opportunity to enjoy a rich history and culture and a great location in relationship to both the EU and Slavic nations, is an opportunity that is appealing to many. Polish culture puts an emphasis on being welcoming, self-reliant and culturally proud.
Poland, unlike some European Union nations, has not established a Citizenship by Investment or Residency by Investment program. However, Poland has developed its own slightly unique program that allows investors and business people to obtain a Polish Residency Permit. By making a relatively small investment with a minimum of €100,000, those who qualify can obtain a Polish residency card which allows them to live in the country and take advantage of its many benefits.
There are several different types of residency card available, including those focused on workers, students and business people. In any case, applying for a Polish residency card is a complicated process, and takes a little longer than average at about sixty days. This is for the first permit application only, as renewals of the permit are considerably easier. Once in place, the permit is valid for up to three years. People interested in applying for the residency opportunity have to meet a series of criteria that are restrictive. First of all, they must show proof of carrying their own health care insurance at their own personal cost. Secondly, they must have an existing passport from their home nation.
For those who can meet those qualifications, residing in Poland offers financial and economic rewards. Poland sports exceptionally low unemployment for the EU at approximately 5.7%, with most of the population speaking English, and Poland has managed to avoid the downturn that many EU nations faces during the Great Recession. Because of these two factors, the economy is going through a development phase, improving the existing banking and agricultural verticals. With Germany as a primary trading partner, Poland is a business hub that has almost limitless potential. Tourism, research and science/technology industries are all in play in Poland, ready for entrepreneurs and business people.