Austria: A Prime European Destination

Country Information

Austria offers a blend of economic stability, exceptional infrastructure, and a clean, safe environment, making it an ideal place to live. With a population of 8.9 million, Austria is an advanced economy, thriving within the Eurozone. The primary languages spoken are German and English.

Living in Austria

Austria, known for its high quality of life, is home to the culturally vibrant capital, Vienna. The country is celebrated for its natural beauty, rich cultural heritage, and excellent transport links. As one of Europe’s wealthiest nations, Austria’s economy is largely driven by its service sector, with strong commercial ties across Central, Eastern, and Southeastern Europe. Austria is an attractive destination for those looking to establish residence within the EU, particularly due to its favorable conditions for investors and independent individuals.

Austria Citizenship by Investment

By investing in Austria’s economy, you and your family can secure citizenship, allowing you to live and work freely across the EU and Switzerland. Austria’s passport ranks among the world’s strongest, providing visa-free or visa-on-arrival access to approximately 190 destinations. Citizenship is granted for life and can be passed on to future generations.

Benefits of Austria Citizenship by Investment:

• Visa-free or visa-on-arrival travel to around 190 destinations.

• The right to reside anywhere in the EU and Switzerland.

• High quality of life with a secure environment and robust infrastructure.

Requirements:

Applicants must make a significant investment in the Austrian economy, such as a direct investment that creates jobs or boosts export sales. Passive investments do not qualify. A thorough vetting process, including a background check and proof of financial stability, is required. In some cases, you may retain your current citizenship.

Processing Time:

The application process can take between 24 to 36 months. Cliff Inc. will guide you through every step, ensuring a smooth application process and securing your Austrian passport.

Austrian Residence by Investment

Austria offers a pathway to residence for persons of independent means. With minimal requirements, including proof of sufficient funds, accommodation in Austria, and health insurance, you can obtain a residence permit that allows visa-free travel within Europe’s Schengen Area. After 10 years of residence, you may apply for Austrian citizenship.

Benefits of an Austrian Golden Visa:

• Establish residency in Austria with minimal requirements.

• Visa-free access to all Schengen Area states.

• Potential eligibility for citizenship after 10 years of residence.

Requirements:

Applicants must have at least EUR 40,000 in liquid funds, permanent accommodation in Austria, health insurance, and German language skills at A1 level. The application process requires a personal submission of documents, and once approved, the residence permit can be collected in Austria.

Processing Time:

Applications typically take three months, with a minimum processing period of one month. The residence permit must be collected in person, and it is renewable each year.