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. Significant direct investment is generally required.
Once you have made your investment payment, you are handed your Austrian citizenship and passport. Even the fastest E.U nations will grant applicants a passport after a minimum 3-4 months, but they will ask for a level of residency as well as a financial investment. Austria requires no residency whatsoever.
Real estate is not an eligible investment for this programme.
Self-employed Key workers; A minimum investment capital of EUR 100,000; or
A business that creates new, or secures existing jobs; or Has a considerable significance for the entire region;
Start-up Founders; A minimum investment capital of EUR 50,000 and an equity share of a minimum of 50%, in a business which develops and launches an innovative product, service, processing method or technology;
Settlement Permit – Gainful Employment Excepted; Have a minimum regular monthly income of EUR 1,866.12 for a single applicant, EUR 2,797.94 for a married couple and EUR 287.94 additionally for each minor dependent from Austrian or foreign pensions, profits from enterprises abroad, income from assets, savings or company shares;
This programme does not require applicants to make a financial contribution to the state;
After the expiration of the initial two-year residence period, an extension is possible in the form of a three-year settlement permit, or a Red-White-Red card plus which may be valid for up to three years.