Austria Residency Awaits

As a distinguished member of the European Union, Austria offers a high standard of living bolstered by a robust goods and services market. Being seamlessly integrated into global and European communities, Austria also presents its residents with a wealth of benefits.

Targeted primarily at investors and entrepreneurs, Austria’s financially independent program enables you and your family to obtain residency without extra commitments – it’s an opportunity to explore the prosperous life Austria has to offer!

The Advantages

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Experience unrestricted living and travel

By securing Austrian residency, you gain the freedom to live in Austria year-round and travel to other countries within the Schengen area visa-free.

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Secure residency for the whole family

Secure residency for the whole family: The residency permit privilege extends to the main investor and family members, including dependant children, all receiving their permits at the same time.

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Flexible residency requirements and tax residency establishment

Austrian residency for financially independent individuals does not oblige you to stay in the country year-round. You also have the freedom to choose your tax residency country.

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Opens doors to long-term benefits

Living in Austria under a residency permit could be the first step towards permanent residency and, potentially, Austrian citizenship, making it a strategic investment in your future!

Are you interested in an Austrian residency permit?

The Conditions for Obtaining Austrian Residency on The Basis of Financial Independence

Demonstrate Financial Stability

You’ll need to provide evidence of a net monthly income of at least EUR 1,900 or show that you have a balance equivalent to EUR 22,800 (EUR 1,900 x 12 months) in your account.

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Secure Your Living Situation

As a resident, ensure you have a confirmed permanent address, verified through a property ownership deed or a legally binding rental agreement.

Master German Language Basics

You will be required to demonstrate at least an A1 level of proficiency in German, indicating basic understanding and communication abilities.

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Maintain a Clean Record and Good Health

Ensure a clean legal background and the absence of any severe health concerns. These conditions must be confirmed via documents from your country’s law enforcement and health authorities.

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Demonstrate Financial Stability

You’ll need to provide evidence of a net monthly income of at least EUR 1,900 or show that you have a balance equivalent to EUR 22,800 (EUR 1,900 x 12 months) in your account.

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Secure Your Living Situation

As a resident, ensure you have a confirmed permanent address, verified through a property ownership deed or a legally binding rental agreement.

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Master German Language Basics

You will be required to demonstrate at least an A1 level of proficiency in German, indicating basic understanding and communication abilities.

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Maintain a Clean Record and Good Health

Ensure a clean legal background and the absence of any severe health concerns. These conditions must be confirmed via documents from your country’s law enforcement and health authorities.

Allocation of Residency Quotas Across Austrian Federal States

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To empower financial independence via the residency program, the Austrian government distributes an established quota throughout the country’s territorial divisions. This quota may vary across regions, with the hottest spots often reaching full capacity quickly. Vienna, for instance, quickly reaches its quota max, leaving a notable number of opportunities available for those considering residing in Lower Austria or other less populated regions.

How Financially Independent Applicants
Can Obtain Austrian Residency

Discus Holdings will streamline your Austrian residency application through a few straightforward steps.

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We begin with a comprehensive consultation to prepare your personalised application and select an Austrian location based on the quota.

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We proceed with the collection of essential documentation.

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We offer crucial support in acquiring or leasing property, formulating medical insurance plans, and setting up your Austrian bank account.

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Once the above steps are completed, we hand your application over to the Austrian consulate and await a positive verdict.

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You arrive in Austria, register at your chosen place of residence and receive your official residency permit.

For your application, you will need:
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Birth certificate

Colour photocopy of each passport page

Two photographs with the same format as for a Schengen visa

Bank statement or other proof of income

Marriage/divorce certificate (if applicable)

Proof that you have no criminal record (issued within the last three months)

Attestation that you do not suffer from a serious illness, issued by a recognised authority in Austria

A1 language exam

We help ensure that important documents such as birth, marriage or divorce certificates, along with evidence of a clean criminal record, are legally apostilled and translated into German by a certified Austrian translator.

Extending Your Residency Permit for Citizenship

Initially, Austria provides temporary residency for a year, which can be extended to give you the opportunity to apply and become an Austrian citizen. Typically, individuals obtain citizenship after six to ten years of residency. However, with our assistance, we can expedite this process.

Proficiency in German

You must prove a firm grasp of the German language at the intermediate or B2 level.

Understanding of the Austrian Constitution and History

A comprehensive standardised test will assess your comprehension of Austria’s foundational laws and historical background.

Financial Autonomy

You should be able to demonstrate a stable income of no less than €2,500 monthly over the previous three years.