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Austria's Independent Means Visas

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.

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Austria - Independent Means Visas

Discover the Independent Means Visa in Austria

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

अवलोकन

A Snapshot of Independent Means Visa in Austria

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

अवलोकन

Benefits of Independent Means Visa in Austria

The program offers numerous advantages for individuals looking to establish their presence in Austria's sophisticated and culturally rich environment.

  • Path to permanent residency after 5 years and potential citizenship after 10 years
  • Access to Austria's world-class healthcare and education systems
  • Freedom to travel within the Schengen Area

How to Apply for the Independent Means Visa in Austria

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.

अवलोकन

Requirements for Austria's Independent Means Visa

To qualify for the Independent Means Visa, applicants must meet specific criteria demonstrating their financial stability and self-sufficiency.

  • Prove a yearly passive income of at least €24,000 for a single applicant (higher for couples and families)
  • Demonstrate that the income is stable and regular
  • Secure suitable accommodation in Austria (owned or rented)
  • Obtain comprehensive health insurance coverage
  • Have a clean criminal record
  • Demonstrate basic German language proficiency (A1 level)

अवलोकन

Documents Needed for Austria's Independent Means Visas

Completed visa application form

Recent passport-sized photographs

Valid Passport

Proof of passive income

Bank statements

Police clearance certificates

Proof of accommodation in Austria

स्वास्थ्य बीमा कवरेज

Proof of sufficient funds in an Austrian bank account

Discover How GlobalPassport Simplifies the Application Process for Austria's Independent Means Visas

Step-by-Step Guidance

Our experienced team will guide you through each stage of the application process, offering personalized assistance tailored to your needs.

Document Preparation

We'll help you gather and organize the documents you need for applying.

Application Submission

Once your documents are ready, we'll let you know where and how to submit your application to the relevant authorities.

FAQs about Austria's Independent Means Visas

How long does it take to process an Independent Means Visa application?

प्लस आइकन

Can I include my family members in my Independent Means Visa application?

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What types of income qualify for the Independent Means Visa?

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How often do I need to renew my residency permit?

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Can Independent Means Visa holders apply for Austrian citizenship?

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Why Austria

Austria offers a high quality of life, excellent infrastructure, and a rich cultural heritage for foreign residents.

फ़ायदे:

  • Stable economy and political environment
  • High-quality healthcare system
  • Beautiful natural landscapes

Advantages:

  • Central European location
  • Rich cultural and historical heritage
  • Safe and clean cities

ब्लॉग

Discover the latest blog posts about Austria

Keep up-to-date with the latest changes in Austrian Mobility Assets here.

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