All visas and residence permits issued by Austria is valid for free movement in schengen countries and other EU member states. 1. Iran 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. Therefore, prospective citizens can gain their Austrian citizenship as a second citizenship, which is not permitted under the common procedure. Option 1 Article 10 (6) of the Austrian Citizenship Act states that the government can reward foreigners with citizenship in the event of extraordinary merit. Nigeria Austria are among the EU countries offering citizenship and a passport to investors without requiring residence in the country. And that’s if you are accepted. Svalbard and Jan Mayen Thank you. Sudan Bouvet Island Papua New Guinea Georgia Austria is one of only two countries in the Europe Union that offers `Citizenship by Investment` or `Economic Citizenship` programs. Burkina Faso Macedonia An investment in the Austrian economy is required, such as in a business that creates jobs. Republic of the Congo Unlike certain other European countries Austria does not offer a golden visa for passive investment. Ukraine Algeria Venezuela Antigua and Barbuda Spain New Zealand Armenia Austria is considered to have one of the best education systems in Europe. Saudi Arabia Guam Depending on the country, there are specific requirements for the investment you can make, and different benefits associated with the passport you acquire. Minimum $100,000 Donation Andorra South Georgia and the South Sandwich Islands Safety of capital. Monaco Montenegro Mali South Korea Additionally, other outdoor activities abound in the Austrian countryside, from biking to hiking. Capital City Vienna, the country’s largest and most cultural city, which is home to 2.6 million inhabitants, is unique in that it is both a city and a state. Acquisition by descent. British Virgin Islands Sri Lanka Chad Bhutan Citizenship. Bangladesh The requirements for donation/investment options are somewhat vague, therefore, in their makeup, but need to include an investment of €10 million as well as a further significant contribution to the country, such as bringing new technologies to the country or creating a lot of jobs. Poland Cuba Sweden Cook Islands 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 high standard of living… While there are certainly merits to Austrian citizenship, there are likely better alternatives for high net worth individuals who wish to maintain their currentlifestyle and reduce taxes. Madagascar Gibraltar Serbia Svalbard and Jan Mayen Tuvalu Mexico Tunisia Australia Saint Pierre and Miquelon Norway Namibia Moldova Costa Rica As a former US citizen, I grew up with the notion that it was possible to fly just about anywhere in the world without worrying about visas. Montenegro Egypt Secondary education consists of two school types: the Gymnasium caters to more able children heading for University, while the Hauptschule prepares students for vocational education. If you need more information on Austrian economic citizenship, you've come to the right place. Hungary Marshall Islands No Requirement to Reside Kiribati Guinea Religion Christianity is the dominant religion of Austria, with three-quarters Roman Catholic and 5% Protestants. Henley & Partners. North Korea Climate With most of the country in the Alps, the climate in winter is cold, ranging from -10C to 0C, while summer temperatures are quite high, averaging the mid-20s and up to 40C. Anguilla Guernsey Switzerland Israel Turkmenistan Czech Republic 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 high standard of living. Visa Free Travel Antarctica Mongolia Burundi Cameroon Heard Island and McDonald Islands United Arab Emirates The same applies in case the parents are married and only the father is an Austrian citizen. Please tick above to confirm funds. Chile Vanuatu Democratic Republic of the Congo Luxembourg Aruba These programs grant citizenship to persons who invest substantially in the growth of Austria’s economy. U.S. Virgin Islands Austria is a Hub between west and east, a pillar of the EU for companies in Eastern Europe, the headquarters of Eastern Europe for companies Namibia Kuwait Morocco Lithuania Japan New Zealand Cook Islands Yemen Denmark Permanent Residency Contact CBI Guide for more information by filling in the form below. Citizenship of Austria by investment is available for the investor, his spouse, and children under the age of 18 years. United States Minor Outlying Islands There are more clearly defined programmes available that grant European citizenship. Nicaragua Turks and Caicos Islands Oman Grenada Austrian citizenship can be acquired by descent, award, extension of the award, etc. Guyana Saint Vincent and the Grenadines Austria does not have golden visa scheme like Greece or Portugal, currently residency only possible investing in businesses and creating jobs. Colombia Djibouti Equatorial Guinea Kosovo French Polynesia Significant direct investment is generally required. Austria is one of the best and exciting countries to live, work, study and do business in Europe. Barbados Other European countries such as Malta, Portugal and Spain offer residency through investment in government bonds or real estate. Taiwan 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. Micronesia Personal safety, peacefulness, and political stability. Saint Vincent and the Grenadines Dominican Republic Potential applicants are advised to contact us for individual advice if they are considering this option in Europe. Macedonia Azerbaijan Visa Free Travel 157 Countries Uganda It is important to get acquainted with all the requirements and conditions of investment program in advance. Northern Mariana Islands Bahamas Yemen However, the government can reward foreign individuals with Austrian citizenship in the event of extraordinary contributions to the Austrian economy, such as creating new technologies or investing in joint ventures that create a substantial number of new jobs or generate significant new export sales. Ivory Coast Dominican Republic Vietnam Cambodia Faroe Islands Citizenship in Austria can be acquired by descent, through naturalisation, by entitlement or also through a Citizenship by Investment programme, which grants citizenship upon the fulfilment of certain conditions. Panama Tonga Iceland The law does not prescribe detailed pre-conditions for the citizenship by investment. Such an investment must be significant, contribute to the economy and create jobs. University fees are highly affordable, just €363 per term. China Romania One of the major things to have is to meet the necessary investment fee because without this the immigration … Seychelles Uzbekistan Cameroon Uzbekistan Full Family Residency Cayman Islands Not only is a huge contribution necessary, either a donation of several million dollars or a minimum investment of €10 million, but the route to citizenship is long, at two to three years. East Timor Unlike certain other European countries Austria does not offer a golden visa for passive investment. Mayotte Poland Zimbabwe. Sweden Antigua and Barbuda Approx. Vanuatu There are also plenty of open-air swimming pools and hillside vineyards. Eligibility Requirements of Austrian citizenship by Investment If the investment is being directly injected into a business, the required amount is € 10 million. Austria does not operate a residency or citizenship by passive investment. Botswana Jordan Lebanon Iraq Ease of processing The application, which takes on average two to three years, involves the applicant filing the application in person in Austria and further involves a great of interaction and communication with a variety of Government officials. Bahamas Indonesia Kenya Singapore Such investments require minimum connection with the country but allow for freedom of travel within the European Schengen zone and … Under the citizenship-by-investment provisions, an applicant is required to invest actively in the Austrian economy, for example in the form of a joint venture or direct investment in a business that creates jobs or generates new export sales. Such investments require minimum connection with the country but allow for freedom of travel within the European Schengen zone and ultimately can lead to Permanent Residency (PR) and citizenship. Cambodia Libya USA Residency + Green Card, Real Estate $2.4 million Germany Western Sahara Martinique United States Somalia Turks and Caicos Islands Turkmenistan Niue The granting of citizenship involves a number of different processes with government approval at various levels. Jersey Thailand Haiti Guam Afghanistan Tonga Equatorial Guinea Cocos Islands Jamaica Jamaica Djibouti Tokelau Suriname Vienna, which is often voted the best city to live in worldwide, is packed full of culture, from opera to orchestras, and is surrounded by hillsides. Education and health Austria enjoys a free and public school system with attendance compulsory for nine years, up to the age of 15. Israel Citizenship by Investment Austria You search for Citizenship by Investment Austria and would like to get more Information about the existing Programs from Austria. Solomon Islands Syria The Austrian Citizenship by Investment program, is based on Art 10 (6) – a constitutional regulation – of the Austrian Citizenship Act of 1985 which grants citizenship to a foreigner for extraordinary achievements. While pre-school education is free, though optional, for all children aged 3-6 years, primary school, from ages 6-10, is obligatory. Pros Austria’s global mobility is one of the world’s best with visa-free access to 187 countries, the most of any country with a CBI program, inclusive of access to the Schengen Area, and with the ability to live and work in any country in the EU. Citizenship by investment is a means to secure a second citizenship and passport in another country by investing in its economy. Curacao Did you know…? Jersey Mauritania Under the citizenship-by-investment provisions, an applicant is required to invest actively in the Austrian economy, for example in the form of a joint venture or direct investment in a business that creates jobs or generates new export sales. Greece Gabon Austrian Citizenship by Investment About Austria Austrian passport holders gain the benefit of legally residing and working in the country, as well as anywhere in the European Union. The program is known as one of the least transparent ones with lack of clarity as to who can or can’t apply and it is therefore rate that applicants are accepted. Panama Canada Under the citizenship-by-investment provisions, an applicant is required to invest actively in the Austrian economy, for example in the form of a joint venture or direct investment in a business that creates jobs or generates new export sales. Philippines Northern Mariana Islands Bermuda A selection of residency and citizenship investment programmes. Please note however that there is no clearly defined and predictable path to citizenship through the Austrian “programme”. Kyrgyzstan Malta Turkey United States Tunisia Laos Madagascar Citizenship by Investment in Austria. Business opportunities. Pakistan To receive a permission to stay … If you have a net worth of at least $1 million and are willing to invest part of your wealth, there may be exceptional citizenship opportunities in non-EU countries. The best online resource for finding information about investor visa programs. 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 … Myanmar Citizenship by Investment in Austria. Cyprus Chad Bangladesh Sao Tome and Principe Portugal Austria has a state health insurance fund that citizens pay into each month to access state healthcare, which is universal to all residents. Nepal South Korea Austria does not recruit due diligence companies to perform independent checks on applicants. It is obligatory to obtain permanent residence permit one year prior to applying for citizenship. Serbia Kenya Ecuador Turkish is spoken by 2.28% of the population due to Turks forming one of the largest ethnic groups in Austria and Serbian by 2.21%. Norfolk Island Nauru Continuing to build on its nearly 40-year citizenship by investment programme success with the sustained addition of more countries to its already powerful passport, Saint Kitts offers those who acquire citizenship of this small Caribbean nation visa-free access to the most destinations of any Caribbean country, with the latest signed-up countries including North Macedonia, Jordan and Eswatini. And citizens also have the right to reside anywhere in the EU. Libya European Passport, Min $900,000 Estonia Contact us for an obligation-free consultation. Greece Burkina Faso Slovenia Malta Guinea-Bissau Stable economy and state support of entrepreneurs in Austria tribute to business development. Austrian Residence-by-Investment. Moldova Haiti Malawi High GDP per capita. Puerto Rico Gibraltar Cayman Islands Cape Verde After industry, international tourism is the most important part of Austria’s economy, which accounts for nearly 9% of GDP. Italy Senegal An Austrian residence permit allows you to travel to all Europe’s Schengen Area states without a visa. Kazakhstan Latvia Hong Kong Mauritius Belize Azerbaijan Mozambique Citizenship can be acquired in several ways: by birth, by descent, by naturalization, and for special services rendered to the Republic of Austria (special contribution in the sphere of sports, culture, science, or economy). For instance, an Austrian citizen can travel to other countries without a visa such as Germany, Netherlands, Luxembourg, etc. Vatican Mauritius Saint Barthelemy Paraguay Albania Passive investments in government bonds, real estate, etc. Significant direct investment is generally required. Isle of Man British Indian Ocean Territory Sri Lanka Full family Togo Bahrain Greenland Turkey Netherlands South Georgia and the South Sandwich Islands Qatar Andorra Antarctica American Samoa Comoros American Samoa Acquisition and loss of Austrian citizenship is based upon the Citizenship law of 1965 as amended. Aruba The country’s main and largest international airport is in Vienna with direct flights to 226 destinations in 66 countries. Saudi Arabia Thailand Lesotho Saint Martin Austria citizenship-by-investment benefits include being able to live and work anywhere in the EU at any time. Argentina Anguilla Saint Helena Togo Montserrat Citizenship by investment is exactly what it sounds like: foreigners invest a certain sum of money in a country in exchange for citizenship and a passport. Tanzania Holders of the passport of Austria have access to Swiss and other European banks, for safe-keeping and outflows of financial means. Gabon Palestinian Territory Tuvalu Belarus Ethiopia Mayotte Bonaire, Saint Eustatius and Saba Ghana AUSTRIA CITIZENSHIP BY INVESTMENT. Comoros Among Europeans, Austria people work the longest, an average of 45 hours per week. Saint Helena Kyrgyzstan Bhutan Lesotho Guatemala Sierra Leone Passive investments in government bonds, real estate, etc. Iraq Curacao Russia Sint Maarten Dominica Armenia Cuba Suriname Norway Taiwan Portugal India Palau Bonaire, Saint Eustatius and Saba Zimbabwe, Nationality Vietnam Rwanda Croatia France Laos Colombia Austria has no such passive investor visa programme but does offer a citizenship by investment option whereby foreign applicants invest actively in the Austrian economy. Passport Ranking (Henley Passport Index Q4 2020) 5 / 109, CBI Programme Ranking (CBI Index 2020, Financial Times) 51% / 12th out of 14 countries, Ease of doing business Ranking (Doing Business 2019, The World Bank) 27 / 190, Economic Freedom (2020 Index of Economic Freedom) 56 / 186. Seychelles Malawi Overview The landlocked East Alpine country of Austria, located in the southern part of Central Europe, is composed of nine federated states. Switzerland Guyana Startup companies South Africa Finland Benin Australian citizenship is granted to high net worth foreigners for investment in the economy of the state and subject to compliance with the minimum stay requirement. USP It offers the largest freedom of movement of all CBI programs with visa-free access to 177 countries. Trinidad and Tobago Chile Swaziland Belgium Saint Kitts and Nevis Ireland Ireland French Polynesia Guinea Wallis and Futuna No Taxation, Belmont House, Belmont Road, Uxbridge, UB8 1HE. EB5 Approved Investment Montserrat Belize Tokelau Falkland Islands Hong Kong Canada Office +1 514 288 1997. Guernsey Palestinian Territory Citizenship & Passport Botswana Cape Verde Falkland Islands These funds should be invested in venture capital or innovative business (es) within an industry that is given priority … Italy Myanmar It is not … Transport Austria has one of the most highly developed transport networks in the EU with train considered to be the most efficient way to get around the country. Norfolk Island British Overseas Territory The country’s industry consists of machinery, construction, vehicles and parts, as well as food, and its biggest exports are motor vehicles and parts, machinery and equipment, paper, metal goods, iron ore, oil, chemicals and timber. Martinique Trinidad and Tobago Eritrea Aland Islands Japan Papua New Guinea South Sudan Isle of Man Guadeloupe Lifestyle A largely mountainous country due to its location in the Alps, nearly 75% of the country is dominated by the Alps and subsequently, alpine skiing is widespread, along with snowboarding and ski-jumping. Rather than being codified in law, the unofficial program instead positions itself as exclusive, with the Government simply granting citizenship to anyone they want if they are deemed to be of ‘extraordinary merit’ or can ‘demonstrate outstanding achievements’. Bulgaria Slovakia Croatia half of all Austrian men are overweight, the highest rate in the EU, while only 20% of Austrian women are overweight, which is the lowest rate in Europe. Qatar Democratic Republic of the Congo Process of acquiring Austrian citizenship by investment involves obtaining approval from government authorities. Palau Sierra Leone Bermuda Saint Lucia Benin Other European countries such as Malta, Portugal and Spain offer residency through investment in government bonds or real estate. Georgia Bolivia Brazil New Caledonia French Guiana Solomon Islands Greenland Christmas Island Sint Maarten This can be accomplished through different types of established investment options including real estate, government bonds, establishing a business, development funds, etc. Bulgaria Philippines There are no language or knowledge tests, however an interview is necessary. Angola El Salvador Germany Bouvet Island Ukraine Tanzania Pitcairn Immigrant Invest is international consulting company which possesses sound experience in the field of residence in Austria. Iceland Austria boasts six international airports. Mexico Belarus Guadeloupe Tajikistan Argentina Ecuador Canada EU Schengen Zone & UK, $250,000 Investment Brunei United Arab Emirates Programmes start from a minimum $140,000 including costs. Saint Lucia Somalia Egypt Central African Republic Burundi Dual Citizenship Austria Restricted. 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. Austria Citizenship by Investment Program. Cons It is a difficult, unclear path to Austrian citizenship. Niger Fiji For more details or to contact an advisor please complete your details. Bosnia and Herzegovina Cyprus There is only a one-time travel requirement to process citizenship, which is a trip to Austria to give the oath of allegiance. Full Family Application East Timor Afghanistan British Indian Ocean Territory Western Sahara Kosovo Feel free toreach out to our teamif you are interested in cr… British Virgin Islands Pitcairn India Barbados Bosnia and Herzegovina 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. Austrian citizenship is generally based on the principle of ius sanguinis, although there are some exceptions. Liechtenstein Ghana Micronesia Maldives do not qualify. Samoa Singapore do not qualify. Faroe Islands United Kingdom Uganda Niue Zambia Buses and trams operate in most cities and are inexpensive and safe, while taxis are mainly on call or in ranks. Lithuania Passive investments in real estate in Austria, do not qualify for residency. Guatemala Slovenia Nigeria Kiribati Iran Oman Ivory Coast Angola Gambia Mozambique Vatican The cheapest citizenship by investment has to do with the necessary conditions required for anyone to have to become a citizen of another country. Indonesia Brunei Pakistan Central African Republic Dominica Puerto Rico Estonia Macao Cocos Islands Netherlands The standard of healthcare in Austria is excellent and the average life expectancy is high at 80.89. Saint Barthelemy Latvia Rwanda Australia South Africa Sudan Saint Pierre and Miquelon Children automatically become Austrian citizens at the time of their birth, when the mother is an Austrian citizen. Paraguay After 10 years of legal residence, and in certain circumstances after six years, it is possible to apply for Austrian citizenship. Marshall Islands The idea of potentially giving up yo… Belgium Syria Many people feel that the number of countries a passport allows you to visit defines the quality of that passport. This process may take various forms, including economic ones and can include capital contribution or other economic benefit brought to Austria. Denmark Peru Salzburg and Innsbruck also have airports, which are busy for tourists coming to the country for skiing holidays. Therefore, it is crucial to consult Migratio’s immigration experts. Specialists of International Holdings will provide you with an up-to-date information on application process of Austrian economic citizenship. Languages While German is the official language, many Austrians communicate informally in a variety of Austro-Bavarian dialects. Hungary Bolivia United States Minor Outlying Islands Henley & Partners. Overview The landlocked East Alpine country of Austria, located in the southern part of Central Europe, is composed of nine federated states. Russia Samoa French Southern Territories W hen you acquire citizenship under the Austria Citizenship by Investment Program, you and your family enjoy full citizenship for life, which can be passed on to future generations by descent. New Caledonia Liberia Malaysia The most affordable citizenship by investment programme with a minimum US$100,000 donation, As of November 1, 2020, the programme has been suspended, with plans to re-launch it once government analysis has taken place, Considered to be one of the world’s best programmes across all criteria, from price through to processing and passport power, Country of Residence El Salvador Tajikistan Honduras A residence permit is initially issued for one year and can then be renewed without problems or interruptions. Peru North Korea U.S. Virgin Islands Austria The investment is typically a minimum of €10 million if injected directly into a business or €3 million as a contribution to the government development fund. Applicants can retain original citizenship, too. Zambia Ethiopia Malaysia Senegal Nicaragua It could also be a donation to a relevant public project. Gambia South Sudan The country has a very high standard of living, from health to safety to education and a very stable, albeit small, economy. We will advise you on possible ways to invest … Guinea-Bissau Significant direct investment is generally required. Luxembourg San Marino Saint Kitts and Nevis French Southern Territories Applicants are required to invest actively in the economy, such as via joint ventures or direct investment in a business that generates new export sales and/or creates many jobs. Brazil Lebanon Maldives Albania Robust history of established education. Sao Tome and Principe Liberia Overview Austria’s CBI programme is unlike others in that it is not a formalised program. Freedom of movement Visa-free access to 187 countries, making the Austrian passport one of the world’s most valuable. In fact, applicants need to secure the patronage of a high-ranking local politician who will petition for you before the government. 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