Table of Contents
| Government Program | Yes |
| Application Processing Time | Approximately 24-36 months |
| Minimum Capital | Substantial contribution to the Austrian economy in government bonds, charitable donations, or real estate |
| Investment Holding Period | none |
| Visa-free or Visa-on-arrival Access | 188 |
| Key Visa-free Travel Destinations | USA, Canada, UK, Japan, South Korea, and EU member states |
| Right to Live, Work, and Study Without Restriction in | Austria and all other EU member states |
| Free Public Education for Citizens | Yes |
| Free or Subsidized Primary Healthcare for Citizens | Yes |
| Dual Citizens Permitted | Yes |
In order to be eligible for citizenship through investment, the Austrian Citizenship Act mandates individuals to make active contributions towards fostering economic development in Austria.
This can be achieved by means of either collaborating with local enterprises or directly investing in a business that spurs job creation and propels the growth of export sales. It should be noted that passive investments in real estate or government bonds will not meet the requirements for citizenship by investment in Austria.
Benefits of the program
- Visa-free or visa-on-arrival travel to 189 destinations
- Grants residence rights anywhere else in the European Union and also in Switzerland
- High standard of living
- Access to excellent transport and communications infrastructure
Requirements or documentation
Additionally, applicants must provide standard documentary requirements, a certificate of no criminal record, a comprehensive CV, and business background information with impeccable references. While the Austrian Citizenship Act generally requires the applicant to abandon their current citizenship, a grant of citizenship under Article 10 (6) allows the applicant to maintain their current citizenship.
Processing time for this program
The process for obtaining citizenship by investment involves various procedures and requires government approval at several levels. It is recommended that applicants seek the advice of professionals to prepare and lodge their application with the government. The average time frame for an application is 24-36 months, and successful applicants receive full citizenship of the Republic of Austria and can apply for a passport immediately afterwards.
While there is no guarantee that an application for citizenship by investment will be approved, our trusted partner works with applicants to provide the highest possible safeguards. In addition, they define the responsibilities of both parties in a written agreement. The granting of citizenship is not published or reported to any other country and falls within government provisions relating to privacy or official secrets.
Citizenship by investment in Austria provides you with many outstanding benefits – like travelling visa-free to many EU destinations and the right to live and work in Austria and other EU countries.