Austria Citizenship

AUSTRIA CBI FACTSHEET

Austria is currently enjoying one of the highest standards of living in the world.  The country boasts some of the most beautiful natural scenery, including Alpine peaks and, despite being one of the smaller states in the European Union the economy is stable and it’s capital, Vienna, is a world-class vibrant city.

Austria is the only western European country where you can obtain citizenship and an EU passport without having to establish a residence in the country.  By making a substantial economic contribution you can become an Austrian citizen and gain access to free travel within the EU and either visa-free or visa-on-arrival travel to 185 destinations worldwide.  within the EU that

Austria’s citizenship-by-investment arrangements require the applicant to substantially invest in the country’s economy. This must be a joint or individual direct investment into a business which must be actively creating new jobs or increasing exports. Investments in bonds, real estate or other forms of passive investment are unlikely to qualify.

Additionally, an applicant must have no criminal record and this must be supported with documentation. Alongside this, a business CV, background business and personal information and references must be supplied.

Although children under the age of 18 can be included in the application, children over 18 cannot and there are no exceptions to this rule. However, they can prepare and submit their application which may be included in the overall financial contribution. It should be noted that the minimum contribution is likely to be increased in this case.

Recently Austria abolished the requirement that applicants should speak German. Since 2006 this is no longer required for the main applicant, however, dependents must be able to speak basic German to qualify.

The process of gaining citizenship through the contribution of capital is complex and requires approval at several levels including, at the final stage, the cabinet. Any applicant must get professional advice from the start of the process so that their case can be carefully prepared and submitted under the current regulations. It is useful to obtain an informal approval before starting the formal process.

AUSTRIA CITIZENSHIP BY INVESTMENT PROGRAMME:

Austria (Flag, beautiful cover photo, country shape)

  • Population: 9.01 million
  • Capital: Vienna
  • Language: German
  • Religion: Catholic Christianity
  • Currency: EUR
  • GDP per capita: 50023$
  • Climate: Warm

PROCEDURES AND TIME FRAME

Most applications are processed within 24-36 months although this can vary.

Once an applicant has been approved they will become a full citizen of the Republic of Austria and may submit their passport application. The citizen status and passport are identical to that of any other Austrian citizen. Passports are renewable for a fee every 10 years. Citizenship may not be revoked except in the cases of fraud or misrepresentation. The award of citizenship is confidential and is not reported to other countries because of the strict official secrecy provisions in Austria (Amtsgeheimnis).

DUAL CITIZENSHIP

It is not normal for people to be permitted to keep their current citizenship if they become an Austrian Citizen. The Austrian Citizenship Act usually requires that the original citizenship be relinquished. However, if citizenship is obtained through the citizenship-by-investment program it is permitted that the applicant legally maintains their current citizenship.

Once, the applicant has achieved Austrian citizenship through the CBI route, they cannot become citizens of other countries and retain their Austrian citizenship except in very unusual circumstances.

REAL ESTATE INVESTMENT AUSTRIA

A few examples of our real estate options for residency and citizenship investment in Austria.

Nothing to display

CITIZENSHIP AND RESIDENCY PROGRAMMES

A selection of alternative residency and citizenship investment programmes to consider.

Malta

600 000 EUR Investment

Real Estate

EU Citizenship

Visa Free travel to 183 countries

Process Duration: 6 months

Montenegro

450 000 EUR Investment

Real Estate

EU Citizenship

Visa Free travel to 122 countries

Process Duration: 2 months

Cyprus

2 150 000 EUR Investment

Real Estate

EU Citizenship

Visa Free travel to 172 countries

Process Duration: 6 months

Moldova

100 000 EUR Investment

Real Estate

EU Citizenship

Visa Free travel to 119 countries

Process Duration: 6 months

Austria

250 000 EUR Investment

Real Estate

EU Citizenship

Visa Free travel to 185 countries

Process Duration: 24 months

Bulgaria

512 000 EUR Investment

Real Estate

EU Citizenship

Visa Free travel to 169 countries

Process Duration: 6-12 months

Turkey

250 000 EUR Investment

Real Estate

Middle East Citizenship

Visa Free travel to 110 countries

Process Duration: 2 months

Jordan

250 000 EUR Investment

Real Estate

Middle East Citizenship

Visa Free travel to 49 countries

Process Duration: 4 Months

Vanuatu

130 000 EUR Investment

Real Estate

EU Citizenship

Visa Free travel to 125 countries

Process Duration: 6 months

Saint Lucia

100 000 EUR Investment

Real Estate

EU Citizenship

Visa Free travel to 128 countries

Process Duration: 3 months

Saint Kitts & Nevis

200 000 EUR Investment

Real Estate

Caribbean Citizenship

Visa Free travel to 130 countries

Process Duration: 3-4 months

Grenada

150 000 EUR Investment

Real Estate

Caribbean Citizenship

Visa Free travel to 127 countries

Process Duration: 3-4 months

Dominica

100 000 EUR Investment

Real Estate

Caribbean Citizenship

Visa Free travel to 120 countries

Process Duration: 4 months

Antigua & Barbuda

200 000 EUR Investment

Real Estate

Caribbean Citizenship

Visa Free travel to 130 countries

Process Duration: 3-4 months

Residence by investment Programs

Explore the most popular residency by investment programs worlwide

Greece

250 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 172 countries

Process Duration: 6 months

Spain

500 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 129 countries

Process Duration: 6 months

Portugal

500 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 172 countries

Process Duration: 6 months

Australia

500 000EUR Investment

Real Estate

EU Residency

Visa Free travel to 183 countries

Process Duration: 6 months

Austria

250 000EUR Investment

Real Estate

EU Residency

Visa Free travel to 185 countries

Process Duration: 4 months

Cyprus

2 150 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 172 countries

Process Duration: 6 months

Canada

1 200 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 180 countries

Process Duration: 6 months

Italy

2 000 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 150 countries

Process Duration: 6-8 months

Switzerland

250 000EUR Investment

Real Estate

EU Residency

Visa Free travel to 155 countries

Process Duration: 4 months

HongKong

200 000EUR Investment

Real Estate

Asia Residency

Visa Free travel to 79 countries

Process Duration: 3 months

Jersey

1 000 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 129 countries

Process Duration: 6 months

Latvia

250 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 129 countries

Process Duration: 3 months

Malaysia

135 000 EUR Investment

Real Estate

Asia Residency

Visa Free travel to 172 countries

Process Duration: 6 months

Malta

250 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 98 countries

Process Duration: 3-4 months

Monaco

1 000 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 173 countries

Process Duration: 6 months

New Zealand

5 500 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 173 countries

Process Duration: 6-8 months

Singapore

250 000 EUR Investment

Real Estate

Asia Residency

Visa Free travel to 65 countries

Process Duration: 6 months

Thailand

60 000 EUR Investment

Real Estate

Asia Residency

Visa Free travel to 120 countries

Process Duration: 3 months

United Kingdom

2 000 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 175 countries

Process Duration: 3 months

USA

 

900 000 EUR Investment

Real Estate

EU Residency

Visa Free travel to 180 countries

Process Duration: 6 months

RELATED NEWS

Austria Citizenship Investment to Increase

Yesterday the Council of Ministers in Austria announced the following revisions to the Austria Citizenship programme which will take place as of 15th May 2019. The most significant change is that the...

Austria Caps Citizenship Investment 2018

The government in Austria has announced some key amendments to their Citizenship by Investment Programme. The programme will now be capped to a limit of 700 naturalisation applications per year, taking...

Austria Citizenship Programme raises €6 billion

The number of passports issued to foreign investors in the last 10 years has passed the 3,000 mark according to the Austria News Agency. The figures were submitted in official data released to the...

Austria Economy Continues to Grow

The most recent RICs property price index report shows more promising signs of economic growth in Austria. With improved confidence in Austria’ banking system, resulting in higher transactions taking...