Morocco Permanent Residency Guinea Qualifying investments usually amount from €800,000 to €10 million. Azerbaijan Tonga Pakistan Heard Island and McDonald Islands An Austrian residence permit allows you to travel to all Europe’s Schengen Area states without a visa. Iraq Specialists of International Holdings will provide you with an up-to-date information on application process of Austrian economic citizenship. Mongolia Brunei Angola Central African Republic Burundi Sint Maarten Belize Andorra Visa Free Travel Guinea Guam South Korea Cuba The granting of citizenship involves a number of different processes with government approval at various levels. Portugal 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. Equatorial Guinea This process may take various forms, including economic ones and can include capital contribution or other economic benefit brought to Austria. A residence permit is initially issued for one year and can then be renewed without problems or interruptions. 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. 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. Laos Wallis and Futuna New Caledonia Bangladesh Japan Did you know…? Slovenia Turkey Therefore, it is crucial to consult Migratio’s immigration experts. Romania Bulgaria Vanuatu Reunion Austria is one of only two countries in the Europe Union that offers `Citizenship by Investment` or `Economic Citizenship` programs. Israel Significant direct investment is generally required. Mozambique Mauritania Monaco Kuwait Papua New Guinea Therefore, prospective citizens can gain their Austrian citizenship as a second citizenship, which is not permitted under the common procedure. Bahamas Solomon Islands USA Residency + Green Card, Real Estate $2.4 million Mozambique Sweden AUSTRIA CITIZENSHIP BY INVESTMENT. Honduras 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. Norfolk Island High GDP per capita. Kenya San Marino Greenland Grenada Austria has a state health insurance fund that citizens pay into each month to access state healthcare, which is universal to all residents. Personal safety, peacefulness, and political stability. Saint Kitts and Nevis Burkina Faso South Africa Bhutan Hong Kong There are no language or knowledge tests, however an interview is necessary. Nigeria Cape Verde U.S. Virgin Islands Madagascar Czech Republic Libya Unlike certain other European countries Austria does not offer a golden visa for passive investment. These funds should be invested in venture capital or innovative business (es) within an industry that is given priority … Burkina Faso Faroe Islands Cyprus 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. Saint Vincent and the Grenadines Marshall Islands 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. Senegal Malaysia Turks and Caicos Islands Status of a citizen is assigned to the investor and his family members after 4 years of legal residence in Australia. Robust history of established education. Such investments require minimum connection with the country but allow for freedom of travel within the European Schengen zone and … Austria Malta Israel North Korea 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. 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. Kyrgyzstan Germany Ghana European Passport, Min $900,000 Montenegro Pitcairn United Arab Emirates 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. Passive investments in government bonds, real estate, etc. Saint Vincent and the Grenadines Yemen Botswana 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%. Oman Norway Azerbaijan Mexico What you must know, there are also many other Countries who will have in the future a solution for Citizenship by Investment, like Austria has with its Citizenship by Investment Austria. Sri Lanka Saint Martin 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. United Kingdom Nicaragua We will advise you on possible ways to invest … Oman Democratic Republic of the Congo Ecuador Bolivia Gabon Austria citizenship-by-investment benefits include being able to live and work anywhere in the EU at any time. 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 Canada Isle of Man Algeria Serbia Macedonia The cheapest citizenship by investment has to do with the necessary conditions required for anyone to have to become a citizen of another country. Cambodia Aland Islands Colombia It is important to get acquainted with all the requirements and conditions of investment program in advance. Christmas Island Kyrgyzstan Liberia Georgia Equatorial Guinea Myanmar Saint Martin Christmas Island Depending on the country, there are specific requirements for the investment you can make, and different benefits associated with the passport you acquire. Tonga Benin Zambia Malawi Seychelles Full family Saint Pierre and Miquelon Mali Macao Bonaire, Saint Eustatius and Saba Citizenship & Passport 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. Thailand Contact CBI Guide for more information by filling in the form below. Seychelles Kuwait Central African Republic Nauru Uzbekistan Kosovo Falkland Islands Citizenship by Investment in Austria. Montserrat Chad Angola Maldives French Polynesia Austrian citizenship can be acquired by descent, award, extension of the award, etc. Belize Eritrea 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. Ukraine Hungary Rwanda Lithuania Dominican Republic Finland Citizenship by investment is a means to secure a second citizenship and passport in another country by investing in its economy. Cook Islands Kazakhstan Benin El Salvador Uganda Feel free toreach out to our teamif you are interested in cr… Acquisition by descent. Chad Sudan Bangladesh Martinique 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. Tokelau British Overseas Territory Unlike certain other European countries Austria does not offer a golden visa for passive investment. Kiribati Reunion France Languages While German is the official language, many Austrians communicate informally in a variety of Austro-Bavarian dialects. Thank you. Cocos Islands Gibraltar Latvia Ethiopia Ecuador Please tick above to confirm funds. Zimbabwe, Nationality Nigeria Belgium Turks and Caicos Islands Lebanon Tunisia The same applies in case the parents are married and only the father is an Austrian citizen. Italy The best online resource for finding information about investor visa programs. Guinea-Bissau Moldova Namibia 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. Samoa Palestinian Territory Bahrain Costa Rica Belgium Latvia Ethiopia Bouvet Island Singapore Jersey 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. Zambia Austrian citizenship is generally based on the principle of ius sanguinis, although there are some exceptions. Guatemala do not qualify. Portugal The law does not prescribe detailed pre-conditions for the citizenship by investment. Moldova China Yemen 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. Cape Verde Slovakia Guernsey Austria does not operate a residency or citizenship by passive investment. Cambodia Kosovo Ireland Immigrant Invest is international consulting company which possesses sound experience in the field of residence in Austria. Egypt Romania If you need more information on Austrian economic citizenship, you've come to the right place. Luxembourg Fiji Djibouti After industry, international tourism is the most important part of Austria’s economy, which accounts for nearly 9% of GDP. Italy Tuvalu Dominican Republic Gibraltar Lesotho Sudan 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 Egypt South Sudan Micronesia Japan Paraguay Pitcairn Curacao Suriname Safety of capital. Please note however that there is no clearly defined and predictable path to citizenship through the Austrian “programme”. For those with a net worth of at least $10 million, there may be similar opportunities in Austria or other EU countries. Such an investment must be significant, contribute to the economy and create jobs. Norfolk Island Montenegro Overview The landlocked East Alpine country of Austria, located in the southern part of Central Europe, is composed of nine federated states. Solomon Islands British Virgin Islands All visas and residence permits issued by Austria is valid for free movement in schengen countries and other EU member states. Aland Islands Chile Canada Belarus Canada Office +1 514 288 1997. Argentina Ivory Coast New Zealand Greece Mayotte 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… Netherlands Togo 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. Mexico 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. Switzerland 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. Aruba South Africa Programmes start from a minimum $140,000 including costs. No Requirement to Reside Sao Tome and Principe Suriname Mongolia Poland 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. Full Family Residency Armenia Macao 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. Paraguay Mauritius 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. Many people feel that the number of countries a passport allows you to visit defines the quality of that passport. French Guiana Panama Saint Barthelemy Hong Kong Approx. Svalbard and Jan Mayen Heard Island and McDonald Islands Madagascar Brazil Barbados Russia Bahamas French Polynesia Denmark Grenada Somalia University fees are highly affordable, just €363 per term. Palestinian Territory Guinea-Bissau Thailand 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. Bouvet Island Albania Guyana Process of acquiring Austrian citizenship by investment involves obtaining approval from government authorities. Niue 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. Peru Antigua and Barbuda Sint Maarten Ivory Coast 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. Economy Within the top 20 richest countries in the world by GDP per capita, Austria boasts a highly industrialised economy and a well-established social market economy. Hungary Henley & Partners. 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. There are also plenty of open-air swimming pools and hillside vineyards. Panama Full Family Application Faroe Islands Afghanistan Pakistan Spain Indonesia Nepal San Marino To receive a permission to stay … Uzbekistan Haiti Tunisia No Taxation, Belmont House, Belmont Road, Uxbridge, UB8 1HE. United States Svalbard and Jan Mayen United States Cuba Worldwide Offices > Request a Call Back > Toggle navigation. 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 … Andorra Spain Georgia Children automatically become Austrian citizens at the time of their birth, when the mother is an Austrian citizen. Dominica Lithuania Liberia Honduras Myanmar Lesotho Macedonia Djibouti Vatican Northern Mariana Islands Tokelau Henley & Partners. East Timor 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. Freedom of movement Visa-free access to 187 countries, making the Austrian passport one of the world’s most valuable. Venezuela Mayotte Costa Rica Liechtenstein Algeria 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. Minimum $100,000 Donation Guam New Caledonia Denmark Uruguay Citizenship of Austria by investment is available for the investor, his spouse, and children under the age of 18 years. Democratic Republic of the Congo USP It offers the largest freedom of movement of all CBI programs with visa-free access to 177 countries. Sierra Leone In fact, applicants need to secure the patronage of a high-ranking local politician who will petition for you before the government. Eligibility Requirements of Austrian citizenship by Investment If the investment is being directly injected into a business, the required amount is € 10 million. Haiti Belarus 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’. Liechtenstein Albania 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. Puerto Rico Iceland Poland Saint Barthelemy Finland Republic of the Congo Guadeloupe Saudi Arabia Saint Pierre and Miquelon Cocos Islands French Southern Territories Papua New Guinea Jamaica Norway After 10 years of legal residence, and in certain circumstances after six years, it is possible to apply for Austrian citizenship. 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. French Guiana Togo There are more clearly defined programmes available that grant European citizenship. South Georgia and the South Sandwich Islands Gabon Salzburg and Innsbruck also have airports, which are busy for tourists coming to the country for skiing holidays. Comoros Morocco Wallis and Futuna Austria does not have golden visa scheme like Greece or Portugal, currently residency only possible investing in businesses and creating jobs. Qatar Croatia Slovakia Jersey Tanzania Guernsey Dual Citizenship Austria Restricted. Austria Investment Immigration Programs Overview. Sierra Leone For instance, an Austrian citizen can travel to other countries without a visa such as Germany, Netherlands, Luxembourg, etc. Nauru Vietnam 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. Venezuela Antarctica Saint Lucia Acquisition and loss of Austrian citizenship is based upon the Citizenship law of 1965 as amended. Austria Citizenship by Investment Program. Bermuda Switzerland Namibia Ghana Malawi Caribbean Commercial and IP Law Practitioners LLP, Portugal’s RBI programme to promote investment in low-density regions from July, CBI countries Grenada and Antigua & Barbuda boast two of the world’s top 30 beaches, Climate resiliency is high on Dominica’s 2021 agenda. It is obligatory to obtain permanent residence permit one year prior to applying for citizenship. American Samoa Brunei Estonia Tajikistan Citizenship. Gambia Malta The standard of healthcare in Austria is excellent and the average life expectancy is high at 80.89. Montserrat Ireland Zimbabwe. Austria is considered to have one of the best education systems in Europe. do not qualify. Mauritius French Southern Territories United Arab Emirates The country’s main and largest international airport is in Vienna with direct flights to 226 destinations in 66 countries. 1. Bahrain The country has a very high standard of living, from health to safety to education and a very stable, albeit small, economy. Eritrea 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. India 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. Western Sahara Maldives Niue United States Minor Outlying Islands Citizenship by Investment in Austria. Syria Among Europeans, Austria people work the longest, an average of 45 hours per week. Australia Germany There is only a one-time travel requirement to process citizenship, which is a trip to Austria to give the oath of allegiance. Qatar While pre-school education is free, though optional, for all children aged 3-6 years, primary school, from ages 6-10, is obligatory. Guadeloupe Turkmenistan British Virgin Islands Saint Kitts and Nevis British Indian Ocean Territory EU Schengen Zone & UK, $250,000 Investment Iraq Iran Trinidad and Tobago Indonesia South Sudan Kenya It could also be a donation to a relevant public project. Nepal Botswana Gambia Slovenia Additionally, other outdoor activities abound in the Austrian countryside, from biking to hiking. And citizens also have the right to reside anywhere in the EU. U.S. Virgin Islands Somalia Significant direct investment is generally required. Jamaica Samoa Cayman Islands Significant direct investment is generally required. Bermuda Singapore Northern Mariana Islands This can be accomplished through different types of established investment options including real estate, government bonds, establishing a business, development funds, etc. Curacao Micronesia Isle of Man 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. Passive investments in government bonds, real estate, etc. Republic of the Congo 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). Saint Lucia Cyprus It is not … Vatican Colombia El Salvador Uganda Guyana South Korea Tajikistan Overview Austria’s CBI programme is unlike others in that it is not a formalised program. Anguilla 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. Cons It is a difficult, unclear path to Austrian citizenship. Austria does not recruit due diligence companies to perform independent checks on applicants. The idea of potentially giving up yo… Turkmenistan British Indian Ocean Territory An investment in the Austrian economy is required, such as in a business that creates jobs. And that’s if you are accepted. Taiwan Overview The landlocked East Alpine country of Austria, located in the southern part of Central Europe, is composed of nine federated states. Contact us for an obligation-free consultation. 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. 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