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.
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:
|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 or contact us.