Purchasing an apartment in Germany, signing up a GmbH (“company with limited liability”), and paying a fee would be enough for getting the permanent residence permit of Germany with free movement in Europe? All of these cost only 660,000 RMB?
An article written by Steinbeis Consulting Center China was published in the Chinese newspaper Europe Times (Xinbao) of the 1.11.2012 Edition, which has clarified this issue currently widespread in China. In fact, this is not sufficient for settling in Germany. With a minimal capital of 25,000 Euros, it is possible to establish a GmbH and to employ a general manger in Germany; however, the permanent residence permit will not be granted automatically in this way. If the authorities are convinced by the by the business plan, the residence permit might be given for three years. Later on, with a successful management of the company the residence permit can be extended for longer period.