Golden Visas) Leading To Citizenship Another option is to invest in Europe and get European residency in a country that can eventually lead to European citizenship. Earn Credit Points on qualifying purchasing of services. After ten years of residence in Austria the resident may apply for Austrian citizenship. Applicant must be of independent means and without the need of an employment- This is because this residency permit does not confer any right to work in Austria, including running your own business. Unlike certain other European countries Austria does not offer a golden visa for passive investment. We advise that the bank account is managed by an Austrian bank. Earn and redeem credit points for our services. Invest for residency in europe. The Austria Citizenship by Investment Program granting citizenship to highly qualified foreign investors, who bring wealth, talent and highly qualified skills to Austria. Residency By Investment (a.k.a. After payment of the invoice, one of our specialists will contact you informing your access data to the GTOS Viking Platform and requesting the following documents to represent the candidate with the Austrian government: Certified Copy of Marriage Certificate (if applicable). We simplify the whole process without hidden costs, you can choose the best option for your needs and know exactly what the total cost before starting your application. Overview The landlocked East Alpine country of Austria, located in the southern part of Central Europe, is composed of nine federated states. There are also additional fees such as due diligence fees, notary fees, background check, advisor and lawyer fee. In certain cases, even a high school diploma might waive this requirement. Obtaining a residence permit is applies to investors and highly-qualified employees. Austria is a highly respected EU member state, and as an Austrian citizen you will be free to live and work in any country in the European Economic Area (EEA) and Switzerland, as well as visa free travel to the United States and Canada. A spouse and children under 18 years old can be included in an application. We guarantee you the earliest approval time. The process of applying for Austria Citizenship by Investment Program is rigorous and requires diligent preparation in order to gather all the information needed. You and your spouse, your dependent children (up to 28 years) and parents and grandparents above the age of 65 (living with you) can also obtain citizenship under one application with additional government fees payable. You only need to provide the requested personal information. Austria is one of only two countries in Europe that offers citizenship opportunities to foreign and non-EU citizens who make significant financial investments in the Austrian economy. In cases where it is aimed to invest less, the chances of an approval are reduced; nevertheless, it depends on the business case and strong cases might be successful even with lower investment amounts. A language test at an accredited institute must be taken within a maximum of 12 months before lodging the application with the authorities. Austria does not have a residence by investment program. Our experienced consultants can help you get a second passport through investment citizenship programs in the following countries: If you have questions about citizenship by investment programs, do not hesitate to click here to contact our experts. Nevertheless, and depending on the industry and business case we advise to invest at least €250,000 - €500,000. A substantial investment will provide an investor with the opportunity to obtain Austrian citizenship and an EU passport without prior residency requirements. This residence program is regulated by regional annual quotas. Welcome to the Federal Government‘s official information website on migration to Austria! Austria are among the EU countries offering citizenship and a passport to investors without requiring residence in the country. Austria offers long term residence permits to non-EU third country nationals who are self employed persons and startup founders investing in Vienna or any other cities in Austria. AUSTRIA CITIZENSHIP BY INVESTMENT. Advance through three elite ranks when you meet qualifying criteria. They can take the form of a joint venture, direct investment in an active business that creates jobs significantly or introduces science and research or innovation technologies to Austria. Austria, one of Europe's wealthiest countries and one of the most attractive and well-developed countries in the world to live in, makes for an outstanding place of residence. You must provide your full name and contact email when filling out the application form to generate your invoice. Key advantages of Austrian residence-by-investment. The same trace happens when making payments using Paypal, Payeer or your international credit card. It could also be a donation to a relevant public project. Citizens of Austria need to pay taxes of up to 55% on the income, but if the investor decides not to relocate to Austria, the investor will not be subject to the nation’s income tax. Asset Protection & International Business, Can You Buy Austrian Citizenship With Absolute Confidentiality, Click Here to Apply For Austria Citizenship. Austria is ranked as the fourth peaceful country in the world and Vienna named the most livable city in the world for the second year running. Greece offers residency to anyone buying properties up to €250,000, which can get you a bolthole somewhere in a busy city. Global Residence - Austria Residency by Investment. In certain cases even a high school diploma might waive this requirement. Of course, there are always some formalities, but the Citizenship by Investment Program makes owning two passports quite straightforward and in a matter of a few months the second passport is issued and you can enjoy the rights and freedom of living in two countries. Applicants must have a clean criminal record, and the local government conducts extensive criminal checks with INTERPOL, the International Criminal Court, and various other sources and authorities. Austria is the land that gave us Beethoven, Schubert, Mozart, Straus, Fritz Lang, Sigmund Freud, Hedy Lamar, Maria Von Trapp, Joy Adamson, Falco, Arnold Schwarzenegger, Thomas Muster and Christoph Waltz, to name just a few of its favorite sons and daughters. For a high net worth investor hailing from a restrictive country in Asia, Africa or the Middle East, Austria will seem like a dream come true. Although the Austrian government does not receive a direct payment in Bitcoin, our authorized agents can receive crypto payment, subsequently converting the funds into fiduciary money to be remitted to the Austrian government and ensure its application in the Austria citizenship by investment program. Austria is one of the best and exciting countries to live, work, study and do business in Europe. Are investment income and capital gains taxed in Austria? Although Austria does not have a named Austria Citizenship by Investment program, effectively this functions in the same way. If so, how? A residence permit is initially issued for one year and can then be renewed without problems or interruptions. Art 10 (6) of the Austrian Citizenship Act (StbG) stipulates that Austrian citizenship may be granted if the federal government confirms that the granting of citizenship to the applicant is in the interest of the Republic of Austria due to his/her extraordinary past or prospective achievements. Austria Citizenship by Investment Although Austria does not have a formal Citizenship by Investment Program, they can award Austria citizenship to someone who has made an extraordinary contribution to the country. You’ll earn credit Points for every eligible U.S. dollar spent. European But Not EU Member States’ Residency by Investment Programs This business must be beneficial to the Austrian economy. In a detailed business plan the business must be described. Each member firm of “GIS group of companies “network is legally separate and independent entities affiliated with Global Immigration Services Pte. Many people feel that the number of countries a passport allows you to visit defines the quality of that passport. The Austrian residence program offers persons of independent means and business investors the easy opportunity to take residence in Austria if the applicant can prove that he is in possession of sufficient assets. In essence, you and your family can gain lawful residency in Austria by making a meaningful investment or otherwise significant economic or intellectual property contribution to the country. Austria passport has visa free travel to 185 countries in the world including Schengen Area, UK, USA, Canada, Australia, Japan, South Korea, Singapore, Hong Kong, UAE, Israel, Russia, Brazil and South Africa. Investment in the economy is considered by the government as a special contribution to the state. This is one of the best options to protect your privacy and financial assets. As perhaps the only person who covers the second citizenship scene to have actually been through three CBI processes personally (St. Lucia, Dominica – which I aborted, and Comoros), I’m uniquely qualified to speak on this subject. As a citizen of Austria, successful applicants will not be required to pay tax on any income generated from outside of the country. A third country national is someone other than a national of the EU, EEA or Switzerland. Nevertheless, business people have 3 paths available to them to settle there. You will pay the remaining service fee to us. Low crime rate, high level of social security, an attractive shopping and recreational infrastructure, Austria offers excellent conditions for both foreign and domestic companies. For the application, an internationally recognized bank might be accepted as well. As well as other Residency Programs such as Portugal and Greece... Our selection of established and well-respected Developers, excellent Government Relations and Caribbean Contacts makes us the obvious choice for all your Citizen & Residency needs. Investor visas and Citizenship by investment to Austria is no longer the preserve of the few. GGlobal Immigration Services Europe LLP is a Limited Liability Partnership, incorporated in England and Wales. The applicant of Austria Citizenship by Investment Program must not have any criminal record and must be of high standing in his or her community, organization, society or country. The number of these programs is constantly increasing as more and more countries realize the economic advantages of opening their doors to immigrant investors. All rights reserved. We are the only law firm that has a truly global overview of and expertise in Citizenship by Investment programs. Global Immigration Services Limited, Incorporated in the Hong Kong SAR with limited liability. Citizenship by Investment in Austria. We offer a variety of Second Passport options including but not limited to; Caribbean Citizenships such as Saint Kitts & Nevis, Grenada and Dominica. Austria offers residency for foreign investors ONLY under the following three categories. In some case additional documents may be required, such as a recommendation letter. Citizenship by investment is a process by which an individual obtains a second passport and second citizenship by investing in the country ― usually in the form of property investment. This proof has to be provided every year. Individuals who are third country nationals. 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. An Austrian residence permit allows you to travel to all Europe’s Schengen Area states without a visa. As part of the Citizenship by investment program, there is a four-tier due diligence process carried out directly by the government to assess candidates comprehensively. These programmes are especially popular with investors not wishing to emigrate and move their family but require flexibility should the need ever reside. Therefore, we encourage our Clients to support the application process in such a way that the application documents can be lodged on the first working day of each year. During the checkout you can select the type of investment and the number of candidates (with or without their dependents) to Austria citizenship by investment program. Family members of … At the legislative level, Austrian residency process is governed by the Law on Residence and Settlement. The Austria citizenship by investment application process is extremely efficient, and the government of Austria is committed to the highest standard of due diligence and vetting of investor applicants ensuring only persons of impeccable standing and repute will be admitted. Under the citizenship-by-investment program, “Economic citizenship” offered to foreign nationals who invest a direct business investment of EUR 3 to 10 million in Austria are eligible for “Austrian citizenship” only at the sole discretion of Austrian Government by exception. The main applicant and his dependents (from 16 years onwards) need to prove German language skills on A1 level. This allows you to use your second passport to open an Offshore Bank Account without having to legally declare it to the tax authorities of your home country. These European Union programs offer a higher-quality second passport, but you’ll have to … Austria Citizenship by Investment. The Investor Visa schemes in Australia is a citizenship by investment scheme is developed to target accomplished business owners or investors to migrate and contribute to the Australian economy actively. In a point based system the qualifications of the applicant are being evaluated, whereby points are given for the level of education, professional experience, German and English language skills, young age (below 35). Bordered by Germany, the Czech Republic, Slovakia, Hungary, Slovenia, Italy, Switzerland and Liechtenstein, Austria is consistently ranked in the top 20 richest countries in the world and is renowned for having a very … 100 credit points = US$ 1. The capital to be shown for the purpose of the application is simply to prove to the Austrian authorities that an applicant has sufficient funds for themselves and any dependents to live on, and will remain under their control. You are not required to live in Austria or visit Austria to keep your Austria passport. 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