The Republic of Austria is a landlocked country in south central Europe, sharing borders with Germany, Italy and Switzerland, and is ranked as the 4th richest country in the EU.
Austria became a federal, representative democracy in 1920, and following its division by America, Britain, France and Russia during the second world war, regained independence as a sovereign state in 1955.
Being a largely mountainous country due to its location in the Alps, the area is popular for skiing, bobsleigh and luge.
One of Austria’s main sources of income is tourism, being ranked 9th in the world in international tourist receipts.
Steeped in history, visitors are attracted to its landscape, culture, art and architecture, castles and palaces. Being home to world famous composers such as Strauss, Schubert and Mozart, music is also a major attraction for visitors.
Its convenient location and transport links, make the country easily-accessible to the business community.
Austria benefits from a highly industrialised economy and well developed social market. With residency comes visa-free access to the 26 Schengen countries, 22 of which are in the EU.
Do note that an investment in Austria is not a passive one, with the government only permitting applications by persons prepared to show an active interest in its the economic growth.
Investment must be significant, and create or sustain existing jobs.
No purchase of real estate is required.
Investment of a significant sum - typically a minimum of 10,000,000 EUR.
Into a joint venture or active business in which the investor will play a significant role . The investment must create significant jobs or introduce science and research or innovation technologies to the country.
Investment of at least 100,000 EUR and initial 2 year residency by a self-employed
Key Worker whose occupation includes sustainable transfer of capital investment, the creation of new jobs or security of existing jobs, or the company’s activity is of considerable importance for an entire region.
Investment of at least 50,000 EUR, together with an equity share of 50% or more and initial 2 year residency, by a Start-up Founder, in a business which develops and launches an innovative product, service, processing method or technology.
The grant of a Settlement Permit to a highly qualified employee, skilled worker in a shortage occupation or graduate of an Austrian university,
with a regular monthly income of at least 1,866.00 EUR for a single applicant or 2,797.94 EUR for a married couple dependent
from Austrian or foreign pensions, profits from enterprises abroad, income from assets, savings or company shares.
Direct investment can also be made by way of a deposit of 3,000,000 EUR in the government development fund.
The investment vehicle must be retained.