Family members of … You are not required to live in Austria or visit Austria to keep your Austria passport. 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 … 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. These assets you should show in the form of a statement of account from an Austrian or major international bank), permanent accommodation in Austria, and health insurance that provides full coverage in Austria. Conditions that must be satisfied on application and thereafter. For both categories, the residence permits can easily be renewed. Austria is the gold standard of the second passport and Citizenship by Investment Programs. The citizenship acquired under the Austria Citizenship by Investment program is fully recognized by the Government of Austria. 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. GGlobal Immigration Services Europe LLP is a Limited Liability Partnership, incorporated in England and Wales. In certain cases, even a high school diploma might waive this requirement. Austria has a strong economy and rule of law offering one of the safest investment environment available. Its history is as long and proud as that of any other nation in Europe. A due diligence exercise will be undertaken on the main applicant and dependants. After ten years of residence in Austria the resident may apply for Austrian citizenship. A residence permit is initially issued for one year and can then be renewed without problems or interruptions. A spouse and children under 18 years can also be included in an application under this category. Many people feel that the number of countries a passport allows you to visit defines the quality of that passport. Due to a strictly applied quota system, the processing time for applications under this category can, however, be lengthy. Other European countries such as Malta, Portugal and Spain offer residency through investment in government bonds or real estate. 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. If the candidate meets any of the requirements mentioned above, he/she can obtain citizenship of Austria, as well as the spouse and children under 18 years of age. Obtaining Austrian citizenship bears no tax consequences unless Austria becomes a place of your main residence. Investment in the economy is considered by the government as a special contribution to the state. Citizenship by Investment in Austria. Advance through three elite ranks when you meet qualifying criteria. To protect your privacy, can you buy Austrian citizenship using an Anonymous Credit Card or cryptocurrencies like Bitcoin with absolute confidentiality. There are a few different kinds of residency … It could also be a donation to a relevant public project. 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. This proof must be provided through a recent bank account statement. 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. Residency Permits. Austrian Residence-by-Investment. The insurance policy must cover main applicant and dependants in respect of all risks according to Austrian law. The idea of potentially giving up your home c… A nation looking out for investment. You must provide your full name and contact email when filling out the application form to generate your invoice. The main applicant and his dependents (from 16 years onwards) need to prove German language skills on A1 level. Austrian passport holders are also eligible to easily transfer assets and purchase real estate in any of the EU member states. The Austria Citizenship by Investment Program granting citizenship to highly qualified foreign investors, who bring wealth, talent and highly qualified skills to Austria. In case an applicant holds a university degree the language proof is not required. The health insurance cover must be procured by an insurance company licensed in Austria. After you agree with our plan, you will have to make a deposit payment. 100 credit points = US$ 1. 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. Do you need specialized help to get your Second Passport and Citizenship. Austrian residents are subject to income tax on their worldwide income derived from capital and investment, including dividends, interest, profit shares of dormant partners, rents and royalties, capital gains. Global Residence - Austria Residency by Investment. Earn and redeem credit points for our services. There is no prior residency required for the citizenship by investment option; For citizens of countries that are not a member of the EU, EEA, or are non-Swiss nationals, entrance to Austria requires an entry visa. 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. Opportunity to establish residence as a person of independent means. We will assist you in filling out the necessary forms for the government registration process. In some case additional documents may be required, such as a recommendation letter. 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. 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. If you have 500,000 EUR you can buy land property, you will pick up family residency. 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. Austria is definitely one of the most attractive countries in the world to live in. These European Union programs offer a higher-quality second passport, but you’ll have to … Nevertheless, and depending on the industry and business case we advise to invest at least €250,000 - €500,000. Although the procedure for obtaining citizenship by investment program is relatively simple, it is a very delicate process that requires a meticulous level of focus on the details and structuring of investment. One of our experts will get back to you shortly to discuss about your needs and offer reasonable options for your budget. 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. A language test at an accredited institute must be taken within a maximum of 12 months before lodging the application with the authorities. 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. Rather like a Patek Philippe watch or a Bugatti Veyron car, an Austrian passport by virtue of its citizenship by investment program is a status symbol. We advise that the bank account is managed by an Austrian bank. 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. We are the only law firm that has a truly global overview of and expertise in Citizenship by Investment programs. If no free quota is available the application will be denied. 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. We cooperate with experienced Austrian lawyers in all regions of Austria, know the peculiarities of bureaucratic procedures and support in any questions of relocation and settlement of your family in Austria. A spouse and children under 18 years old can be included in an application. 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). Austria is the gold standard of the second passport and Citizenship by Investment Programs. Austria is one of the best and exciting countries to live, work, study and do business in Europe. Austria Citizenship by Investment. 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. The same trace happens when making payments using Paypal, Payeer or your international credit card. Are investment income and capital gains taxed in Austria? For the application, an internationally recognized bank might be accepted as well. You will pay the prescribed government fee depending on the citizenship / residency method you choose. These programmes are especially popular with investors not wishing to emigrate and move their family but require flexibility should the need ever reside. There are additional conditions and fees associated with this visa. by Investment Foreigners who have made a significant contribution to the economic development of Austria, are eligible for citizenship under article 10 (6) of the Austrian Citizenship Act. 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. Qualifying investments usually amount from €800,000 to €10 million. Significant direct investment is generally required. A language test at an accredited institute must be taken within a maximum of 12 months before lodging the application with the authorities. 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. The Austrian residence program offers persons who are financially independent, an cheap way of residence in Austria. Ltd, Incorporated in Republic of Singapore with limited liability. 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. You only need to provide the requested personal information. For some investment areas and developments, the minimum is a €275,000 purchase. Austria Residence Programs. The funds raised through Austria Citizenship by Investment Program are used for healthcare, education, and alternative energy, among other things. Unless you have a Numbered Bank Account, your international bank transfers will always be reported to your local government. This very straight-forward residence program is ideal for people seeking an easy way to take residence in one of the most peaceful countries in Europe. Creation of jobs, apprentice jobs and investments in research and development is an advantage. 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. 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. 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. Nevertheless, business people have 3 paths available to them to settle there. While there is no particular Austria investor visa program, the country does present a viable citizenship via investment opportunity for foreign nationals to make an active investment to contribute to the Austrian economy and generate employment. 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. An investment in the Austrian economy is required, such as in a … 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. Alongside its highly successful international private client practice, our experts has a thriving government advisory practice which advises and assists countries on economic development strategy and implementation in the areas of investor immigration and citizenship. If so, how? Unlike certain other European countries Austria does not offer a golden visa for passive investment. This proof has to be provided every year. Invest for residency in europe. After 10 years of legal residence, and in certain circumstances after six years, it is possible to apply for Austrian citizenship. Global Immigration Services Limited, Incorporated in the Hong Kong SAR with limited liability. A substantial investment will provide an investor with the opportunity to obtain Austrian citizenship and an EU passport without prior residency requirements. The cost to obtain an Austrian passport through the citizenship program by investment varies according to type of investment and numbers of dependents. Depending on the country, there are specific requirements for the investment you can make, and different benefits associated with the passport you acquire. There are four rank levels of Global Immigration Services membership. The following investments qualify for immediate passport, under the Austria Citizenship by Investment Program: donation to Austrian government or direct investments to a project which creates substantial amount of new jobs or generates significant export sales. This is one of the best options to protect your privacy and financial assets. Copyright© 2021 GIS Ltd. All rights reserved. Low crime rate, high level of social security, an attractive shopping and recreational infrastructure, Austria offers excellent conditions for both foreign and domestic companies. Malta Residency by Investment. An Austrian residence permit allows you to travel to all Europe’s Schengen Area states without a visa. 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. Each member firm of “GIS group of companies “network is legally separate and independent entities affiliated with Global Immigration Services Pte. Investor visas and Citizenship by investment to Austria is no longer the preserve of the few. Individuals who are third country nationals. 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. Enjoy elevated rewards and experiences throughout your journey. The main applicant and his dependents (from 16 years onwards) need to prove German language skills on A1 level. Invest a minimum of €220,000 in real estate, and you can get a residency visa. The number of these programs is constantly increasing as more and more countries realize the economic advantages of opening their doors to immigrant investors. Global Immigration Services Group (GIS) is an Immigration Services Provider focusing on Second Citizenship by investment programs & Residency Programs. 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. It’s not a difficult process once you have chosen your preferred country. In case an applicant holds a university degree the language proof is not required. If your intended stay is longer than 6 months, a residency visa is required. This business must be beneficial to the Austrian economy. 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. 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. The main applicant must invest in an own or co-owned business in Austria. 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. 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 … Despite a population of just 8.6 million, Austria is the 12th richest country in the world in terms of GDP per capita, and Austrians enjoy one of the highest standards of living in Europe. Low crime rate and high security of justice, Austria’s central geographical position provides ideal access to the emerging markets of Central & Eastern Europe, Austria offers foreign investors a wide range of business opportunities including funding and financial support measures for SMEs, research and development, company startups, investments and new technologies, Nearest country: 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. The Austria Citizenship by Investment Program granting citizenship to highly qualified foreign investors, who bring wealth, talent and highly qualified skills to Austria. As a citizen of Austria, successful applicants will not be required to pay tax on any income generated from outside of the country. There are several residency by investment programmes in Europe that grant residency, often through real estate investment but without the requirement to reside. You can live, as an Austrian citizen, wherever you want. Residence by Investment: Austria, located in the heart of Europe, the country is well known for it’s beautiful nature, its mountains and rich culture. Obtaining a residence permit is applies to investors and highly-qualified employees. At the legislative level, Austrian residency process is governed by the Law on Residence and Settlement. Ltd (“GIS”), a Singapore entity. When 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. 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. Ways to acquire Greece Citizenship include: – Through Investment. Although Austria does not have a named Austria Citizenship by Investment program, effectively this functions in the same way. You will pay the remaining service fee to us. 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). Citizenship by investment provides a direct route to legally acquiring citizenship via an investment or contribution to the economy of a nation. We offer a variety of Second Passport options including but not limited to; Caribbean Citizenships such as Saint Kitts & Nevis, Grenada and Dominica. 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. There is no investment required for private residency in Austria. Austria offers non-EU nationals the ability to apply for Austria residency by establishing and capitalising an Austrian company. This residence program is regulated by regional annual quotas. Austria are among the EU countries offering citizenship and a passport to investors without requiring residence in the country. An open culture and a favourable geographical location between Eastern and Western Europe have helped Austria become the prime destination for investment … We will work with the government on your behalf. 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. 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. Top ranks of the world’s most business-friendly nations with major tax reductions that are enticing investors, Austria’s educational system is numbered among the best in the world and they invests 5.8% of its gross domestic product on education, Austria is unmatched in terms of quality of life. AUSTRIA Residency by Investment Program Beautifully alpine Austria retains its reputation as a small and highly internationalized economy. Earn Credit Points on qualifying purchasing of services. 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. We guarantee you the earliest approval time. Immigrant Invest is international consulting company which possesses sound experience in the field of residence in Austria. This very straight-forward residence program is ideal for people seeking an easy way to take residence in one of the most peaceful … There is a minimum investment threshold specified in the law in the amount of €50,000. In certain cases even a high school diploma might waive this requirement. Spend credit points directly for your invoice. 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