Fabrizio LeonardoHave you ever dreamed of starting a company in Europe but wondered how to go about it as a foreigner? Maybe you’ve seen successful entrepreneurs move abroad, build global brands, and live exciting international lives—and now you’re thinking, “Could that be me too?” You’re not alone. Every year, thousands of people from outside the European Union consider relocating to start a business across European cities like Berlin, Amsterdam, London, or even Lisbon.
The idea of building something meaningful in a region known for its strong economies, high quality of life, and wide market access is tempting. But the process of setting up shop in a foreign country can feel confusing. With different rules, immigration policies, and startup procedures, where do you even begin? That’s exactly what this article is here to simplify for you.
What You Should Know About Business Immigration
Business immigration is when a person moves to another country primarily to start or expand a business. In the European context, this usually means applying for a residence or startup visa that allows you to live and work in the country as an entrepreneur.
Let’s discuss why people select Europe for this. To start, Europe has a huge market: more than 400 million people live in the EU, so there’s a decent chunk of potential customers. Many European countries are startup friendly, with established legal systems, infrastructures, plans, and funding opportunities ranging from private investors and funding programs or government initiatives. There are qualified employees: every year, universities are graduating talented individuals from their programs. Talent laws are strict in Europe, and certain laws work to encourage equity and fairness in hiring.
So what are the costs? There are a variety of costs associated with business and startups. You could start in Estonia – through its e-Residency program – for a few hundred euros. Starting up a tech company in the UK or Germany? You would need to show startup capital of €12,000 + to >€50,000 and beyond. Capital is just one expense; you will also need to pay for the visa, registration, consulting, office rental space (unless you’re running remotely), etc.
More so, you may also receive benefits beyond the company itself. Founding a company in Europe can enable residency for you and your family. Some countries even have direct pathways towards permanent residency or citizenship after years. This can be significant if you are looking for a true relocatable place or want future global mobility.
That being said, don’t get too excited just yet. The rules and application processes vary significantly between countries. Some countries are more open to solo founders; others would want you to be part of a team. Some countries want you to be innovative, others just want you to employ people so the country has jobs. Therefore, it is important to understand the details before you get too engaged.
General Requirements For Non-EU Entrepreneurs
If you are from outside of the European Union, there will still be some common elements that you will need to address, no matter which country you select.
To start with, you will still need to have a prepared business plan. A business plan means that you have to explain what your company will deliver, how your company will generate revenue, and why you believe you will be successful in that country. They want to see that you have considered issues related to starting your business.
Second, proof of funding. Depending on the country, this could range from €3,000 to over €50,000. This is to show you can support yourself and the business while it’s getting off the ground.
Third, some countries require that your business contributes to the economy in a meaningful way. That could mean creating jobs, bringing innovation, or serving a unique market need.
Fourth, you’ll need to prove your identity and submit a clean criminal record, proof of qualifications, and often, health insurance.
Last, you’ll usually need to apply for a visa specifically for entrepreneurs, startups, or self-employed individuals. Each has its name, like the Netherlands’ “Startup Visa” or France’s “Passeport Talent.”
How to Start a Company in Europe as a Foreigner
Let’s break it down into steps you’ll likely follow in most countries:
Step 1: Choose the Country and Business Structure
First thing first, start by picking the country that best fits your business idea. Each country has it own pros and cons. If you’re launching a tech startup, you might lean toward Germany or the Netherlands. If you’re offering remote consulting services, Estonia’s e-Residency might be perfect. Once you pick a location, choose your business structure—limited company, sole proprietorship, partnership, etc. Most foreigners go with a limited liability company (LLC), which protects your personal assets.
Step 2: Create a Business Plan
You are going to need a strong and clear written business plan that includes a company description, a description of services or products offered, market analysis, pricing, financial forecasts, and how your business will support the economy. This plan is for your benefit of course, but it is also the plan that immigration officers and business registries will look at.
Step 3: Arrange for the Money
You will need to set up a business bank account (in some countries, you can set it up remotely, while in others, you must physically go to a bank). Deposit the share capital if necessary, and make sure to bring enough money to support yourself and your business at the start.
Step 4: Apply for the right visa
Each country has its variations of entrepreneur or self-employed visas. For instance, the UK has the Innovator Founder visa, and Germany offers a self-employment visa for business people. Send your application to the appropriate country immigration office or consulate with your business plan, proof of money, identification, health insurance, and whatever else is required.
Step 5: Register the Business
When you get there – and, depending on the situation, before you even arrive – you will have to formally establish your business. This involves selecting a business name, registering with the tax office, and obtaining permits when applicable. In some countries like Ireland or Spain this is very easy, it is a little more complicated in others like France or Italy.
Step 6: Set Up and Start Operating
At this point your business is formally set up and you will have your visa, so get on with it! You might have to employ people, market your business, build your product or deliver your service, and, most importantly, keep your records in order. You also need to remember your tax obligations and file your returns on time!
Frequently Asked Questions
Before wrapping up, here are answers to some common questions people ask about business immigration in Europe:
What is the easiest country in Europe to start a business?
Estonia is often ranked the easiest due to its digital-friendly systems and the e-Residency program that allows non-residents to set up a company online.
Which European country is best for business immigration?
The Netherlands and Germany are great options. They have strong startup ecosystems, clear visa paths, and access to funding. The UK also remains attractive, especially with its Innovator Founder visa.
How much money is required for business immigration to the UK?
If you’re going through the Innovator Founder route, you don’t need a set amount anymore like the old £50,000 requirement, but you must show that your business idea is innovative, viable, and scalable—and that you can support yourself.
Which country in Europe is cheapest to open a company?
Estonia and Bulgaria are among the cheapest. In Estonia, you can launch a company for under €500 if you go through the e-Residency system. Bulgaria also has low taxes and minimal startup costs.
Can I get a visa in the UK if I start a business?
Yes, if your business is endorsed by an approved UK body then yes, you can get a visa under the Innovator Founder route if your business meets the criteria for innovation and expansion.
Final Thoughts: Is it Worth Starting a Company in Europe?
So now you might be asking yourself is it worth all the trouble to start a business in Europe? The answer is yes, and if you are really interested in building something lasting and global. Europe has a fantastic mix of innovation, support, and opportunity. Of course, there will be a lot of paperwork for various grants and other resources, and requirements may differ from one place to the next, just make sure you do your research. Once you get going you are entering a big market with legal definitions and protections, access to funding, and perhaps prospective residency or even citizenship.
These opportunities are beyond business. This is about building a future.
As always, I suggest you do your homework, plan ahead, and be prepared to work hard. You may be closer to your dream European business than you think.
All the best from EuroInfopedia and I believe the information in this article was helpful. If you have any other questions or comments regarding this, do drop them in the comments section below.
Fabrizio Leonardo
