Sweden Self-Employment Residence Permit

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Sweden

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About

Requirements

Cost of Living

Expats

About

Sweden Self-employed Residence Permit is designed for foreigners who plan to work for a period longer than three months to start up or run their own business or become a part owner of a company, As self-employed you are not allowed to take employment with any employer.

The duration of this visa is for 2 years, processing time on average takes 4 weeks or more. You can bring your family members under this visa program.

Please review the requirements below. If you need help you can contact visadb.io experts.

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DURATION

24 Month(s)

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CITIZENSHIP

60 Month(s)

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FEES

225 USD

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P. RESIDENCY

48 Month(s)

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COMPLEXITY

Medium

Eligibility Requirements for Sweden Self-Employment Residence Permit

9 Eligibility Requirements

You must have a valid passport with 2 empty pages and more than 1 year expiry date.
You must show that you have significant experience in your field and previous experience of running your own business
You must have documented and relevant knowledge in Swedish and/or English
You must show that you are running the business, that you have the ultimate responsibility for it and that you own at least half of the business
You must show that the business' services or goods are sold and/or produced in Sweden
You must show that you have sufficient funds to support you and, if applicable, your family during the first two years (equivalent to SEK 200,000 for you, SEK 100,000 for your spouse and SEK 50,000 for each accompanying child)
You must show reliable source of documentation for your financial standings
You must show that you have established customer contacts and/or a network in Sweden
You must show that your company, following a 2-year probationary period, will have its finances in balance and you have the ability to support yourself and, if applicable, your family (income support is calculated according to the Swedish national standard for income support plus housing costs).

Document Requirements for Sweden Self-Employment Residence Permit

13 Document Required

Copies of the pages in your passport which show your personal information, photograph, signature, passport number, passport issuing country, the period of the passport's validity, entry and exit stamps and whether you have permission to live in countries other than your country of origin
Bank statements which shows that you have sufficient funds to support you and your family during the first two years (equivalent to SEK 200,000 for you, SEK 100,000 for your spouse and SEK 50,000 for each accompanying child)
Bank statements which show, if applicable, that you have sufficient funds to buy the business and to cover the estimated costs and investments necessary to run the business
Contract of sale if you have bought or intend to buy the business or enterprise
Partnership agreement or stock register
Bank document which shows that you have paid the purchase sum or your part of the purchase sum, if you have bought the business or enterprise
Contracts with customers/suppliers and for premises
Annual accounts/reports for the previous two years (if the business has been in operation earlier)
Balance sheet and income statement (report) for the current financial year, up to and including the previous month
Course certificate or other evidence that you speak Swedish and/or English
Certificates to substantiate your educational background
Certificates from previous employers
Certificate of registration for companies you own or have own outside of Sweden.