The Independent Means Visa in Austria offers residency to qualified individuals who can demonstrate substantial financial resources and a stable passive income from foreign sources.
Statistics
The Independent Means Visa program in Austria provides a pathway to residency for financially self-sufficient individuals. This program is designed to attract retirees, entrepreneurs, and other individuals looking to establish residency in a European country with a high standard of living, rich cultural heritage, and excellent healthcare system.
Minimum Income Amount
€24,000 per year for a single applicant
Visa-Free Travel Countries
177
Months to Visa
3-5 months
Overview
A pathway to residency for qualified individuals with substantial financial means in Austria
Eligibility Requirements
Individuals with sufficient financial resources and passive income from foreign sources
Anchor Ancestor restrictions
Months to citizenship
Length of Visa
Initial 1-year residency, renewable annually
Months to Visa
3-5 months
Physical Presence Requirement
183 days per year
Availability
Limited (annual quota of about 450 permits)
Family Allowance
Spouse and children
Overview
The program offers numerous advantages for individuals looking to establish their presence in Austria's sophisticated and culturally rich environment.
Submit application at the Austrian embassy or consulate in your country of residence, or at a magistrate in Austria if already present in the country.
Overview
To qualify for the Independent Means Visa, applicants must meet specific criteria demonstrating their financial stability and self-sufficiency.
Overview
Completed visa application form
Recent passport-sized photographs
Valid Passport
Proof of passive income
Bank statements
Police clearance certificates
Proof of accommodation in Austria
Health insurance coverage
Proof of sufficient funds in an Austrian bank account
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 Independent Means Visa application?
Can I include my family members in my Independent Means Visa application?
What types of income qualify for the Independent Means Visa?
How often do I need to renew my residency permit?
Can Independent Means Visa holders apply for Austrian citizenship?
Austria offers a high quality of life, excellent infrastructure, and a rich cultural heritage for foreign residents.
Benefits:
Advantages:
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