Austria offers residency for foreign investors ONLY under the following three categories. Citizenship by investment is a process by which an individual obtains a second passport and second citizenship by investing in the country ― usually in the form of property investment. The following investments qualify for immediate passport, under the Austria Citizenship by Investment Program: donation to Austrian government or direct investments to a project which creates substantial amount of new jobs or generates significant export sales. Obtaining a residence permit is applies to investors and highly-qualified employees. Under the citizenship-by-investment provisions, an applicant is required to invest actively in the Austrian economy, for example in the form of a joint venture or direct investment in a business that creates jobs or generates new export sales. The capital to be shown for the purpose of the application is simply to prove to the Austrian authorities that an applicant has sufficient funds for themselves and any dependents to live on, and will remain under their control. Investor visas and Citizenship by investment to Austria is no longer the preserve of the few. Austrian residents are subject to income tax on their worldwide income derived from capital and investment, including dividends, interest, profit shares of dormant partners, rents and royalties, capital gains. Key advantages of Austrian residence-by-investment. We simplify the whole process without hidden costs, you can choose the best option for your needs and know exactly what the total cost before starting your application. The citizenship acquired under the Austria Citizenship by Investment program is fully recognized by the Government of Austria. A residence permit is initially issued for one year and can then be renewed without problems or interruptions. Ways to acquire Greece Citizenship include: – Through Investment. We cooperate with experienced Austrian lawyers in all regions of Austria, know the peculiarities of bureaucratic procedures and support in any questions of relocation and settlement of your family in Austria. Austria are among the EU countries offering citizenship and a passport to investors without requiring residence in the country. In certain cases even a high school diploma might waive this requirement. After 10 years of legal residence, and in certain circumstances after six years, it is possible to apply for Austrian citizenship. You only need to provide the requested personal information. An open culture and a favourable geographical location between Eastern and Western Europe have helped Austria become the prime destination for investment … Top ranks of the world’s most business-friendly nations with major tax reductions that are enticing investors, Austria’s educational system is numbered among the best in the world and they invests 5.8% of its gross domestic product on education, Austria is unmatched in terms of quality of life. Each member firm of “GIS group of companies “network is legally separate and independent entities affiliated with Global Immigration Services Pte. For both categories, the residence permits can easily be renewed. Advance through three elite ranks when you meet qualifying criteria. A nation looking out for investment. Austria is the land that gave us Beethoven, Schubert, Mozart, Straus, Fritz Lang, Sigmund Freud, Hedy Lamar, Maria Von Trapp, Joy Adamson, Falco, Arnold Schwarzenegger, Thomas Muster and Christoph Waltz, to name just a few of its favorite sons and daughters. The Austrian residence program offers persons who are financially independent, an cheap way of residence in Austria. Austria is a highly respected EU member state, and as an Austrian citizen you will be free to live and work in any country in the European Economic Area (EEA) and Switzerland, as well as visa free travel to the United States and Canada. You can live, as an Austrian citizen, wherever you want. Conditions that must be satisfied on application and thereafter. They can take the form of a joint venture, direct investment in an active business that creates jobs significantly or introduces science and research or innovation technologies to Austria. These programmes are especially popular with investors not wishing to emigrate and move their family but require flexibility should the need ever reside. A substantial investment will provide an investor with the opportunity to obtain Austrian citizenship and an EU passport without prior residency requirements. Other European countries such as Malta, Portugal and Spain offer residency through investment in government bonds or real estate. In essence, you and your family can gain lawful residency in Austria by making a meaningful investment or otherwise significant economic or intellectual property contribution to the country. by Investment Foreigners who have made a significant contribution to the economic development of Austria, are eligible for citizenship under article 10 (6) of the Austrian Citizenship Act. A due diligence exercise will be undertaken on the main applicant and dependants. An Austrian residence permit allows you to travel to all Europe’s Schengen Area states without a visa. For some investment areas and developments, the minimum is a €275,000 purchase. Austria, one of Europe's wealthiest countries and one of the most attractive and well-developed countries in the world to live in, makes for an outstanding place of residence. In a point based system the qualifications of the applicant are being evaluated, whereby points are given for the level of education, professional experience, German and English language skills, young age (below 35). These assets you should show in the form of a statement of account from an Austrian or major international bank), permanent accommodation in Austria, and health insurance that provides full coverage in Austria. Austria Citizenship by Investment. Significant direct investment is generally required. AUSTRIA Residency by Investment Program Beautifully alpine Austria retains its reputation as a small and highly internationalized economy. If you have 500,000 EUR you can buy land property, you will pick up family residency. European Second Citizenship by investment programs inclusive of Cyprus and Malta. GGlobal Immigration Services Europe LLP is a Limited Liability Partnership, incorporated in England and Wales. In a detailed business plan the business must be described. Are investment income and capital gains taxed in Austria? This business must be beneficial to the Austrian economy. Unlike certain other European countries Austria does not offer a golden visa for passive investment. A language test at an accredited institute must be taken within a maximum of 12 months before lodging the application with the authorities. There are also additional fees such as due diligence fees, notary fees, background check, advisor and lawyer fee. Although the procedure for obtaining citizenship by investment program is relatively simple, it is a very delicate process that requires a meticulous level of focus on the details and structuring of investment. We will assist you in filling out the necessary forms for the government registration process. Austria passport has visa free travel to 185 countries in the world including Schengen Area, UK, USA, Canada, Australia, Japan, South Korea, Singapore, Hong Kong, UAE, Israel, Russia, Brazil and South Africa. There are several residency by investment programmes in Europe that grant residency, often through real estate investment but without the requirement to reside. Although the Austrian government does not receive a direct payment in Bitcoin, our authorized agents can receive crypto payment, subsequently converting the funds into fiduciary money to be remitted to the Austrian government and ensure its application in the Austria citizenship by investment program. The Austria citizenship by investment application process is extremely efficient, and the government of Austria is committed to the highest standard of due diligence and vetting of investor applicants ensuring only persons of impeccable standing and repute will be admitted. Such investments require minimum connection with the country but allow for freedom of travel within the European Schengen zone and ultimately can lead to Permanent Residency … Austria offers long term residence permits to non-EU third country nationals who are self employed persons and startup founders investing in Vienna or any other cities in Austria. The main applicant and his dependents (from 16 years onwards) need to prove German language skills on A1 level. You will pay the prescribed government fee depending on the citizenship / residency method you choose. Austria Residence Programs. Explore the benefits for all levels. A spouse and children under 18 years old can be included in an application. Austria is the gold standard of the second passport and Citizenship by Investment Programs. Greece offers residency to anyone buying properties up to €250,000, which can get you a bolthole somewhere in a busy city. All rights reserved. Austria has a strong economy and rule of law offering one of the safest investment environment available. You will pay the remaining service fee to us. There are a few different kinds of residency … Alongside its highly successful international private client practice, our experts has a thriving government advisory practice which advises and assists countries on economic development strategy and implementation in the areas of investor immigration and citizenship. Residency Permits. One of our experts will get back to you shortly to discuss about your needs and offer reasonable options for your budget. If no free quota is available the application will be denied. The process of applying for Austria Citizenship by Investment Program is rigorous and requires diligent preparation in order to gather all the information needed. Do you need specialized help to get your Second Passport and Citizenship. The funds raised through Austria Citizenship by Investment Program are used for healthcare, education, and alternative energy, among other things. Under the citizenship-by-investment provisions, an applicant is required to invest actively in the Austrian economy, for example in the form of a joint venture or direct investment in a business that creates jobs or generates new export sales. Invest for residency in europe. We guarantee you the earliest approval time. Earn Credit Points on qualifying purchasing of services. The insurance policy must cover main applicant and dependants in respect of all risks according to Austrian law. 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