Austria, one of the world's most livable countries, boasts excellent culture, history, infrastructure, and living standards.
An Ideal Central European Base to Establish Second Residency
Generally, you can get a residence permit in Austria if you:– Are Financially Independent– Open a Company– Are An Employee– Qualify for Family Reunification– Study at an Austrian UniversityLet's discuss the most relevant options.
How to Get a Residence Permit in Austria?
– Only 450 individuals get this permit on the first working day of January each year.– Under this permit, you can't work or run a business in Austria.
Austrian Residence Permit for Financially Independent Individuals
– You must prove a regular monthly income of € 2,220.52 (for single applicants in 2023).– You must buy or rent a property in Austria.– You must own health insurance.– You must prove your German proficiency.
Austria offers two types of permits to foreigners who want to work in the country:– Red White Red Card– EU Blue Card
You may be granted an EU Blue Card if you:– have studied at a tertiary educational institution for at least three years– have received a job offer for at least one year in Austria– are promised an annual income of at least € 45,595 (in 2023)
If you want to start a business in Austria, you have the following options:– Red-White-Red-Card for Self-Employed Key Workers– Red-White-Red-Card for Start-up Founders
Your business must meet at least one of the following criteria:– Minimum investment of €100,000– Create new jobs in Austria, or secure existing jobs– Be of regional significance.– Work with new technology.
A start-up founder must:– Make a minimum investment of €50,000.– Operate their business according to the approved business plan.– Launch innovative products or services.– Obtain a score of at least 50 in the points system.
Our experienced team can help you legally reduce your tax rate offshore, protect your assets, invest overseas, obtain a second citizenship, and improve your peace of mind. We’ve helped 2,000+ HNWI entrepreneurs and investors and we can help you, too.