Economic Residency in Austria offers a pathway to residency for qualified investors who make substantial economic contributions to Austria through business investments or asset management.
Statistics
The Austria Residence Investor Program provides a route to residency in Austria for established business owners and entrepreneurs looking to base their business and investment activities in the country. This program is designed to attract talent and capital to contribute to Austria's economic growth and development.
Minimum Income Amount
€100,000
Visa-Free Travel Countries
177
Months to Visa
3-7 months
Overview
A pathway to residency for qualified investors and entrepreneurs in Austria
Eligibility Requirements
Substantial business investment or assets
Anchor Ancestor restrictions
Months to citizenship
Length of Visa
2-year renewable residence permit
Months to Visa
3-7 months
Physical Presence Requirement
Must maintain primary residence in Austria
Availability
Limited (quota of 300 per year)
Family Allowance
Spouse and children
Overview
The program offers numerous advantages for investors looking to establish their presence in Austria's thriving business environment.
Submit application to the Austrian consulate or embassy in your country of residence
Overview
The program offers numerous advantages for investors looking to establish their presence in Austria's thriving business environment.
Overview
Completed application form
Recent passport-sized photographs
Copy of passport
Detailed business plan
Proof of investment funds
Proof of accommodation in Austria
Health insurance certificate
German language proficiency certificate
Criminal record check
Evidence of sufficient income
Supporting documents for family members (if applicable)
Our experienced team will guide you through each stage of the application process, offering personalized assistance tailored to your needs.
We'll help you gather and organize the documents you need for applying.
Once your documents are ready, we'll let you know where and how to submit your application to the relevant authorities.
How long does it take to process an application?
The processing time is typically 3-7 months from the point of submission.
Can I include my family members in my application?
Yes, you can include your spouse and dependent children in your application.
What are the investment options under the program?
The main option is to invest a minimum of €100,000 in a new or existing business in Austria that benefits the Austrian economy.
How often do I need to renew my residence permit?
The initial residence permit is valid for 2 years. Subsequent renewals are required annually.
Can investors apply for Austrian citizenship?
Yes, investors can apply for Austrian citizenship after 10 years of legal residence, subject to meeting other requirements.
Austria offers a strategic location, high quality of life, and a stable business environment for investors and entrepreneurs.
Benefits:
Advantages:
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