What is the duration of the Residence Permit for Start-Up Entrepreneurs?

The initial permit is usually granted for up to two years, with the possibility of extension if your business continues to meet the necessary requirements.

Can family members accompany me on this visa?

Yes, your spouse or cohabiting partner and children under 18 can apply for residence permits to accompany you to Sweden.

Do I need to speak Swedish to apply for this visa?

While it's beneficial to learn Swedish, it is not a mandatory requirement for the application process. However, knowing the local language can help in business operations.

What happens if my business fails while I'm in Sweden?

If your business fails, you may need to leave Sweden unless you can find another legal way to stay, such as employment or another valid residence permit.

Can I work another job while on this visa?

The primary purpose of this visa is to develop your own business. Any additional employment would need to comply with Swedish regulations and might require a separate work permit.

Is there a limit to how many times I can extend this residence permit?

Extensions are typically considered based on the ongoing viability of your business. Each case is evaluated individually, so there's no set limit on extensions.

Can I apply for permanent residency through this visa?

Yes, fulfilling the requirements and maintaining your business successfully can be a pathway towards applying for permanent residency in Sweden.

Do I need to hire Swedish employees for my startup?

There's no explicit requirement to hire Swedish employees, but integrating into the local economy and community can be beneficial for your business.

What kind of business ideas are most likely to get approved?

Innovative ideas with strong market potential, particularly in tech, sustainability, and other growing sectors in Sweden, tend to have higher chances of approval.

How long does the application process usually take?

The processing time can vary, but it typically takes several weeks to a few months. Ensuring your application is thorough and complete can help expedite the process.

Sweden Residence Permit for Start-Up Entrepreneurs Guide

Find out everything you need to know about Sweden Residence Permit for Start-Up Entrepreneurs application process and requirements.

What Is the Sweden Residence Permit for Start-Up Entrepreneurs?

The Residence Permit for Start-Up Entrepreneurs allows international entrepreneurs to live and work in Sweden while developing their business. This visa targets individuals who possess a promising business idea and who can demonstrate the potential for their start-up to thrive in Sweden's innovative business climate. The main goal of this visa is to attract global talent and foster entrepreneurial innovation within Sweden, providing the unique advantage of not only accessing a vibrant market but also benefitting from Sweden’s supportive startup ecosystem and high quality of life.

Residence Permit for Start-Up Entrepreneurs Requirements for Sweden

Explore the key requirements for obtaining your Residence Permit for Start-Up Entrepreneurs for Sweden. This section covers the necessary documentation, eligibility criteria, and any specific conditions you must meet to successfully apply for and secure your visa.

Valid Passport
You must have a valid passport with all the identification pages and any previous visas.
Business Plan
A detailed and feasible business plan that outlines your startup idea, market research, financial projections, and operational strategies.
Financial Proof
Documentation that proves you have sufficient funds to support yourself and your business during the startup phase. This includes bank statements or financial guarantees.
Health Insurance
Proof of comprehensive health insurance for the duration of your stay in Sweden.
Application Fee
Payment of the non-refundable application fee as part of the online application process.

How to Apply for Sweden Residence Permit for Start-Up Entrepreneurs

Understand the process of applying for an Sweden Residence Permit for Start-Up Entrepreneurs, including key steps, document submission, and what to expect throughout the application.

Prepare Your Business Plan
Create a comprehensive business plan that details your startup idea, market analysis, financial projections, and strategy for growth. This document should convincingly showcase the viability and potential of your business.
Gather Required Documentation
Collect all necessary documents including a valid passport, proof of sufficient financial funds, a detailed business plan, and any other supporting documents that demonstrate the feasibility of your business.
Submit Your Application
Apply online through the Swedish Migration Agency's official website. Fill out the application form carefully, upload all required documents, and pay the application fee.
Attend an Interview
In some cases, you may be asked to attend an interview to further discuss your business idea and plans. Be prepared to elaborate on your business strategy and how you plan to contribute to Sweden’s economy.
Wait for a Decision
After submitting your application and attending the interview, wait for the Swedish Migration Agency to process your application. This can take several weeks to a few months depending on the thoroughness of your application and any additional information requested.
Receive Your Residence Permit
If your application is approved, you will receive your residence permit. Make sure to follow any additional instructions provided by the Swedish Migration Agency to finalize your move.

Useful Sweden Residence Permit for Start-Up Entrepreneurs Resources

Swedish Migration Agency

Sweden’s Official Website

Swedish Government

Swedish Institute

Sweden Residence Permit for Start-Up Entrepreneurs Advice

When applying for the Residence Permit for Start-Up Entrepreneurs, it’s crucial to have a well-detailed business plan that showcases the potential and feasibility of your business idea. Engage with local incubators or Swedish business networks to gain insights and possibly endorsements. Additionally, ensure you have sufficient financial resources to support yourself and your business during the initial phases, as this is a key requirement.

Sweden Residence Permit for Start-Up Entrepreneurs Guide

What Is the Sweden Residence Permit for Start-Up Entrepreneurs?

Residence Permit for Start-Up Entrepreneurs Requirements for Sweden

Valid Passport

Business Plan

Financial Proof

Health Insurance

Application Fee

How to Apply for Sweden Residence Permit for Start-Up Entrepreneurs

Prepare Your Business Plan

Gather Required Documentation

Submit Your Application

Attend an Interview

Wait for a Decision

Receive Your Residence Permit

Useful Sweden Residence Permit for Start-Up Entrepreneurs Resources

Sweden Residence Permit for Start-Up Entrepreneurs Advice

Frequently Asked Questions

Sweden Passport Details and Ranking 2024