Connecting...

W1siziisijiwmtkvmdivmtevmtavmdgvmzqvndc0l0fydgjvyxjkidranhgucg5nil0swyjwiiwidgh1bwiilciymdaweduwmfx1mdazyyjdxq

Berlin's Start-up Scene

W1siziisijiwmtkvmdivmtevmtavmdgvmzyvodk1l0fydgjvyxjkidvanhgucg5nil0swyjwiiwidgh1bwiilci2mdb4mzawxhuwmdnjil1d

“Poor but sexy”, the infamous Berlin tagline coined by ex-mayor of Berlin, Klaus Wowereit. The city has come a long way in the past decade transforming its reputation to become the “Silicon Valley” of Europe.

 

Berlin’s start-up scene is growing at an incredible rate showing no signs of slowing down. Berlin solidified itself as the champion of Germany’s start-up scene in 2017. Venture capitalists invested a total of €4.3 billion into German start-ups with 58% of the investment going to start-ups in Berlin. A total of 233 rounds of financing raised €2.67 billion for Berlin start-ups, putting it just behind London and on par with Paris.

 

8 out of the 10 most desirable start-ups in Germany are located in Berlin with an estimated 30% of the nation’s start-ups setting up in the city. Berlin has clearly established itself as the prime start-up location in Europe. This can be attributed to a number of influencing factors:

International Talent Pool

Berlin boasts a highly diverse population with approximately 20% of the city’s residents coming from overseas. This multinational, highly educated workforce breeds creativity and innovation.

Infrastructure

The city operates a very efficient and affordable public transportation network that is fully integrated. It’s quick and easy to get to anywhere in the city or further afield thanks to the city’s expansive train network and two international airports. Office space is reasonably priced compared to other EU cities facilitating the rise of numerous co-working spaces enabling start-ups to get off the ground.

Investment Climate

Berlin is home to numerous start-up incubators and centres that help turn innovative ideas into reality. Furthermore, venture capital funding has been increasing year on year providing financial support to start-ups throughout the city.

Vibrant City

Berlin has a special, non-conformist culture that cannot be found anywhere else in the world. The city is steeped in rich history and has since grown to become one of the most unique urban areas in the world. The city’s vast party spectrum has something for everyone from industrial techno temples to up-market cocktail bars and beer gardens. The result, Berlin attracts all walks of life, each bringing their own skills, creativity and resources to the capital.

Rent Prices

Rent prices in Berlin are much cheaper compared to its EU counterparts such as Paris and London. This lower cost of living has attracted multinationals from around the world to start-up businesses while enticing highly skilled workers to relocate.

Success Stories

Berlin start-up scene has an impressive track record producing some remarkable “unicorns” in recent years:

N26

The German Direct Bank, founded in 2013, has scaled to become a recognised name in the finance game valued at an astounding €2.7 billion as of 2018.

Zalando

This e-commerce company, founded in 2008, now employs over 15,000 people, operating in 17 countries posting healthy revenues of €5 billion as of 2018.

HelloFresh

The number one meal-kit company in the world, founded in 2011 went public in 2017 with a sizeable IPO valuation of €2.7 billion.

Delivery Hero

The online food-delivery service, founded in 2011, now operates in 40+ countries and was valued at €4.5 billion during its IPO in 2017.

Posted by Adam Dunne on 7 February 2019

W1siziisijiwmtkvmdyvmtqvmdgvmzivmzavodeyl1n3zwrpc2ggumvzawrlbmnlifblcm1pdcaomskucg5nil0swyjwiiwidgh1bwiilci0mdb4mjywiyjdxq

Swedish Residence Permit

Swedish Residence Permit

If you are an EU citizen and plan to stay in Sweden for more than three months you will need a to have the right of residence. This means you must have means to support yourself. You do not need a residence permit and you do not need to contact the Swedish Migration Agency. After living in Sweden for five years with the right of residence you will be granted permanent right of residence. With your permanent residence card, you will be eligible to apply for citizenship. Both EU and non-EU citizens must obtain a Personnummer number if they are living in Sweden for more than three months, this is an identification number that is given to all Swedes. It is obtained after you register in the Swedish population register. This can be obtained at a Skatteverket Office (Swedish Tax Agency). You will be required to have a Swedish address to register, as your Personnummer must be sent to your own Swedish address. You will not be able to open a bank account until you have received your Personnummer. This application is relatively straightforward for EU citizens. If you are a non-EU citizen, you will need a work permit to enter Sweden. An application for a work permit of three months or more is automatically issued with a residence permit application. Citizens of Nordic Countries Citizens of Denmark, Finland, Norway and Iceland may live in Sweden without obtaining a residence permit. All you must do is register with the Swedish Tax Agency to obtain your personnummer number. Required Documents You will need to bring the following documents; Passport or national ID card Documents showing your civil status Birth certificate, if you have children Proof of employment in Sweden 'anstallningbevis' A payslip if you have already started working This must be provided from your employer confirming that you will be working in Sweden. The employment certificate must be signed by your employer and you and must include the following; your name and your address your employer's name and address your employer's corporate identity number - organisationsnummer if you are employed on a fixed-term or indefinite-term basis or on a probationary or temporary basis other employment terms including employment date, period of notice, working hours, holiday leave, salary and benefits description of your duties collective agreement (if applicable) Change of Address If at any time you move to a new address, you must report your new address to the Swedish Tax Agency. It is free of charge to report and can easily be done with the use of the Tax Agency’s e-service. On the e-service you can print out the form and send it to them by mail. Where do I register? In the below link you can locate your nearest Swedish tax agency location; https://skatteverket.se/omoss/kontaktaoss/besokservicekontor.4.515a6be615c637b9aa4acd5.html Leaving Sweden If at any point you decide to leave Sweden again you must notify the Swedish Tax Agency of your plans. If you move to another Nordic country the regulations of that country will determine if you will enter its population register. You will be removed from the Swedish population register after the Nordic country has registered you with their population register.

W1siziisijiwmtkvmdyvmtavmtqvmdgvndevotc0l1zpc2fzigluifn3zwrlbi5wbmcixsxbinailcj0ahvtyiisijqwmhgynjajil1d

Visa Requirements in Sweden

Visa Requirements in Sweden

Work Permit If you are an EU/EEA citizen, you are entitled to work in Sweden without a work permit. If you work and have enough means to support yourself, you automatically have right of residence in Sweden. With that you do not need to register with or apply for a residence permit at the Swedish Migration Board. You are entitled to start working immediately upon arrival in Sweden. You are also entitled to come to Sweden to search for work. More information may be found at www.migrationsverket.se Non-EU You cannot obtain a work permit to go to Sweden to look for a job. To obtain a work permit you must have been offered a job in Sweden, employees cannot enter the country until the permit is granted. To be eligible for a work permit you must; Have a valid passport Have been offered terms of employment that are at least on par with those set by Swedish collective agreements or which are customary within the occupation or industry Have been offered a salary that is at least on par with that set by Swedish collective agreements or which is customary within the occupation or industry Have been offered a position that will enable you to support yourself. In order to satisfy this support requirement, you need to work to an extent that will result in a salary of at least SEK 13,000 per month before taxes Have an employer who intends to provide insurance covering health, life, employment and pension when you begin to work. Where To Apply You need to apply with the Swedish Migration Agency. The easiest way to apply is through an online application at; https://www.migrationsverket.se/download/18.5e83388f141c129ba6312e9d/1535449030680/atinifran_151011_en.pdf Extending Your Work Permit In order to extend your work permit, your salary and other terms of employment must have been at least equivalent to what is stated in the collective agreement or is considered the practice in your profession or industry. You must also have worked to the extent that your wages reached at least SEK 13,000 per month, before taxes. These conditions must have been met during the entire time that you have held a work permit in Sweden. Permanent Residence Permit You must live in Sweden for 4 years on a work permit before you would be eligible for permanent residency. You apply for a residence permit by submitting an application to your local Embassy or Consulate or in some cases directly to the Swedish Migration Board – Migrationsverket. One year after you obtain your permanent residency you will be eligible to apply for citizenship. How long does it take to get a decision from Migrationsverket? You will have to be patient, because processing times are quite long, especially for first time applicants. The current waiting time for first time applicants are between 14 – 18 months. However, processing times for second time applicants are generally shorter, around a work week. Yet, this completely depends on the complexity of your application EU Blue Card If you are a non-EU national and have received an offer of a highly qualified job, you can apply for an EU Blue Card. You must have a university education equivalent to 180 university credits, or five years’ professional experience and a salary equal to at least one and a half times the average gross salary in Sweden. In order to obtain an EU Blue Card, you must have; A valid passport A university education equivalent to 180 university credits, or five years’ relevant professional experience Taken out or applied for a comprehensive health insurance policy that covers health and medical care in Sweden An employment contract or offer of highly qualified employment lasting at least one year No less than one and a half times the average gross salary in Sweden, before taxes. More information To read more information please visit: https://www.eu-bluecard.com/how-to-apply/