MORE ABOUT Austria

Austria's Economic Citizenship

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.

MOBILITY ASSSET SNAPSHOT

Discover Economic Residency in Austria

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.

Austria
Mobility Asset Index Score
76.50%
Mobility Asset Type
Economic Citizenship
Official Name
Austrian Citizenship by Exceptional Achievement
Launched in:
1984
Online Submission:
No
Residency Privileges
(in years)
Lifetime
Adjudication Time
(in months)
12
Minimum Stay Requirement
(in days)
None
In-Country Presence Requirement
(in months)
None

Overview

A Snapshot of Economic Residency in Austria

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

How to Apply for the Residence Investor Program in Austria

Submit application to the Austrian consulate or embassy in your country of residence

Overview

Discover How GlobalPassport Simplifies the Application Process for Austria's Economic Citizenship

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.

Questions?

FAQ's

Find answers to common questions about GlobalPassport™ and our services.

How long does it take to process an application?

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Can I include my family members in my application?

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What are the investment options under the program?

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How often do I need to renew my residence permit?

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Can investors apply for Austrian citizenship?

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DOCUMENTS

Documents Needed for Austria - Economic Citizenship

Important Notes
• All documents must be original or certified copies
• Non-English documents require certified translations
• Documents must be apostilled where applicable
Personal Identification Documents
Core identity documents required from the applicantis is some text inside of a div block.

Passport+State Issued ID+Biometrics

Vital Records Documents
Birth, marriage, and death certificates from applicant and ancestors

Marriage certificate and birth certificates of dependents (if applicable)

Proof of Residence Documents
Evidence of current residence status

Proof of current address (utility bill, lease agreement, etc.) may be required

Criminal Clearance Documents
Background check documentation

Police clearance certificate from the country of origin or residence for the past 5 years.

Financial Documents
Proof of payment and financial requirements

Proof of Investment: Bank statements or other documents verifying the investment+Property purchase agreement or business investment documents+Proof of Funds: Documentation demonstrating the source of the investment funds (e.g., tax returns, bank statements).

DOCUMENTS

Costs Associated with Austria - Economic Citizenship

Pre-Application Costs
Essential document preparation and verification costs

Birth certificates from government archives; Marriage certificates for family dependencies; Police clearance records from current and past residences

Certified translations into official language(s); Apostille certification; Government-issued document legalization

Diploma and transcript verification; Professional certification authentication; Credential evaluation services

Government Application Fees
Official fees charged by government authorities

Initial application submission fee; Processing and handling charges; Administrative review fees

$7,500

Fingerprint collection fee; Digital photograph requirements; Biometric data processing

Required medical examinations; Vaccination verification; Health certificate processing

Post-Submission Costs
Costs after submitting your application

Document verification fees; Background check processing; Application status updates

Consulate visit expenses; Interview travel costs; Temporary accommodation (if required)

Language proficiency testing; Skills assessment fees; Additional document requests

Professional Services
Optional external support services

Immigration lawyer consultation; Document review services; Legal representation fees

Tax planning consultation; Asset transfer advisory; Investment planning services

Relocation services; Property search assistance; Settlement support services

Post-Acceptance Costs
Costs after approval

Residency card processing; Passport issuance fees; Registration certificates

Oath ceremony fees; Registration charges; Local authority fees

Renewal fees; Status maintenance costs; Annual reporting fees

Discover More About Austria

Learn about living costs, culture, healthcare, and other essential information about relocating to Ireland. Explore all available immigration pathways and find the best option for you.

View Country Guide

TIPS & TUTORIALS

Discover the latest blog posts about Austria

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