Stephane Tajick
Last updated: March 21, 2019
Austria does not have a residence by investment program. Nevertheless, business people have 3 paths available to them to settle there. The first one is the Self-Employed Key Workers program that want to do business in Austria, and the other active possibility is offered to start-ups. Those that don’t want to be actively involved in a business can choose the Gainful Employment Excepted. All 3 programs offer temporary residence that will need to be held for 5 years to qualify for permanent residence. Naturalization to Austrian citizenship is possible after 10 years of residence.
Read also about the Czech Business Investor program
As a third-country national you can apply for a Red-White-Red Card for Self-Employed Key Workers, if your self-employed occupation in Austria creates macroeconomic benefit going beyond its own operational benefit.
This may be the case if:
For self-employed key workers, there is no points system.
As a third-country national you can apply for a Red-White-Red Card for start-up founders if you:
Third-country nationals wishing to settle in Austria without gainful employment (e.g., pensioners, financially independent individuals) may obtain the residence title “settlement permit – gainful employment excepted.”
This residence title may be granted to third-country nationals, if:
General Social Insurance Act – standard rates for the year 2019
Standard rate | Twice the rate | |
Single | € 933.06 | € 1,866.12 |
Married couples or partnerships | € 1,398.97 | € 2,797.94 |
Additionally for each child | € 143.97 | € 287.94 |
For more information, you can visit the Austrian official website.
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