Austria is a German speaking country located in Central Europe with a population of over 8.8 million inhabitants. It is bordered by the Czech Republic and Germany to the north, Hungary, and Slovakia to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the west. Austria is consistently ranked as one of the richest countries in the world by per capita GDP terms. The country has developed a high standard of living.
BENEFITS OF THE PROGRAM:
- Visa and visa on arrival travel to over 180 countries.
- One of the highest standards of living in Europe.
- Aesthetically beautiful country.
PROGRAM SUMMARY
BUSINESS INVESTMENT VISA
| INVESTMENT AMOUNT | EUR €100,000 (MINIMUM RECOMMENDED) |
|---|---|
| INVESTMENT TYPE | Approved Business or Venture Capital |
| SPOUSE | YES |
| CHILDREN | Yes |
| PARENTS | No |
| PROCESSING TIME |
Variable
|
| PHYSICAL RESIDENCY REQUIREMENTS | intention to stay in Austria |
| LENGTH OF STATUS RECEIVED | 1 year renewable |
| PERMANENT RESIDENCY | After 5 years on Business Visa |
| CITIZENSHIP | After 5 years on Permanent Residency |
| SPECIFIC PROGRAM REQUIREMENTS | Cannot set up company for several people from same country as Austria is looking for diversity. Needs to create jobs for Austrian Citizens. Requirement to know German level A1 or A2 |
| NATIONALITY DISQUALIFICATIONS | NO |
| DUAL CITIZENSHIP | NO |
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