Company File closed due to Visa Trading – What is the Solution for Renewal of Residency

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What is the solution for renewal of the residency “if the company file is closed under Code 71” Your opinion will be very beneficial for our whole family.

Name withheld

Answer: Code 71 is tied to visa trading and if a company’s file is closed because of this reason then neither the Ministry of Social Affairs and Labor nor the Immigration Department will accept any transaction (except for temporary residence) until the file is reopened.

The only way out is for you to take the company to court. If the case is decided in your favor the court could order the relevant ministry to transfer your residence.

There is no other way out of this situation unless the Ministries of Interior and Social Affairs & Labor announce an amnesty for expatriates affected by such orders although such an amnesty is not on the cards for the moment.

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