Austria

time frame

Time Frame

24-36 months from submission of the request to approval





Investment

Investment

Typically, substantial direct investments are mandatory




Key benefits

Key Benefits

  • Visa-free or visa-on-arrival travel to approximately 190 destinations
  • The right to reside anywhere else in the EU and Switzerland
  • High quality of life

Snugly situated by the Eastern Alps and Central Europe, Austria is a beautiful country filled with history, culture, and alluring architecture. Not only is Austria politically and economically stable, but the Austrian passport is seen as one of the strongest in the world. Through the Austrian Citizenship Act, you and your family can acquire citizenship that can be passed onto future generations through descent.

Below, you can find some of the benefits of the Austria Citizenship Act, including the time frame, investment opportunities, and eligibility.

Time Frame

Variable depending on the application, but it usually takes 24-36 month

Investment

The citizenship-by-investment in Austria necessitates a specific investment based on your application details and the chosen investment type. Typically, substantial direct investments are mandatory, and passive investments in government bonds and real estate do not qualify.

Family Eligibility

Spouse, children under 18

The Benefits of the Austria Citizenship Act:

  • Visa-free or visa-on-arrival travel to approximately 190 destinations
  • The right to reside anywhere else in the EU and Switzerland
  • High quality of life
    visa-free entry to the USA.
  • Citizenship can be passed onto future generations through descent
Eligibility Requirements:

The Austrian Citizenship Act required the applicant to directly invest in the Austrian economy through the form of joint venture or direct investment in a business that creates jobs or generates new export sales.Significant direct investment is often a standard requirement.

The Austrian Citizenship Act typically mandates that applicants renounce their existing citizenship as a prerequisite for obtaining Austrian citizenship. However, under the provisions of Article 10 (6) of the Citizenship Act, individuals granted citizenship may legally retain their former citizenship, thereby exempting them from the obligation to relinquish their current nationality

If you are interested in learning more about the Austria Citizenship by Investment program or would like assistance with your application, please feel free to reach out to Tsavorite as we would love to connect with you and help you achieve your goals. Deciding to start the Austria Citizenship by Investment journey is the first step; the next stage involves teaming up with a capable company to turn this decision into a reality.