ContactAustria is one of the EU countries that has a citizenship by investment program, which offers foreigners the opportunity to make a business investment, it is aimed at investors with significant wealth who are willing to invest and acquire the Austrian golden visa.
The most common ways to obtain citizenship by investment in Austria are two:
The process to obtain citizenship is a rather slow and painstaking process, as you must go through many entities and people in the government, after the citizenship approval you will be able to apply for the Austrian passport.
Any foreign citizen who has sufficient and permanent financial resources to make the requested investment is considered eligible to apply for Austrian citizenship.
An Austrian Golden Visa is one of the most sought after Golden Visas in the EU as it comes with the following benefits:
To apply for citizenship by investment in Austria you must meet a series of requirements:
For your investment to be considered, it must be in an active business, which contributes significantly to the economy of Switzerland. The investment must be from EUR 800,000 to EUR 10 million, the direct investment must be in an enterprise with commercial activities that generates jobs or makes a significant contribution to science, research or innovation technologies. In addition to influencing a foreign entity with strong economic performance and good reputation.
You should also note that all investments such as government bonds, financial instruments or real estate are excluded. Donations to relevant public projects are also considered.
Spouse and minor children can be included in the application. Dependents over 18 years of age must submit their own separate applications.
To apply for the Austrian Golden Visa you must prepare and legalize all the necessary documents and translate them into German. In addition to clearly comply with the requirements demanded by the country.
You will have the opportunity to make two renewals, the first one will be valid for a period of one year and the second renewal is valid for three years. On the other hand, the permanent resident card is obtained after residing in Austria for 5 years.
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Buying a house or apartment in Austria is a dream and an excellent investment, since you will have the advantages and benefits of obtaining citizenship by investment, you will also get a property in an ideal place to settle, where you can also enjoy the natural landscapes and lakes.
Besides, the capital of the country has been considered several years in a row as the best city in the world to live in.
The real estate market in Austria is characterized by being quite solid and gives you the opportunity to buy a property in the country quite easily. To get the approval for the purchase of the property you will have to fill in a specific form, have a valid passport and submit a statement detailing the use you plan to make of it, in addition it is also necessary to provide the authorities with a draft contract, a copy of the land registry and a location map. It is advisable to contact and consult with the local authorities before submitting the application.
The most popular places to live are: Vienna, Salzburg, Innsbruck, Klagenfurt, Linz and Feldkirch, where expat communities are located.
Price range of real estate:
If you are thinking of investing in Austria, GoldPassports has expert advisors who can guide you through the process. We invite you to fill out the form.