Obtain an Austrian Residence Permit with ease. A residence permit is an official authorization that allows a foreign citizen to live and operate legally within a country. Once granted, the issuing country typically provides a physical residence card to the holder.
It is important to note that a residence permit is distinct from a visa. A visa is generally required for entry into countries without visa-free agreements, whereas a residence permit legally authorizes your extended stay, enabling you to pursue work, studies, or other long-term activities in the host country.
Who Can Apply and How to Apply
Applications are submitted by appointment to an Austrian consulate abroad or a magistrate in Austria. These appointments are typically available on the first working days of the year. Securing an early appointment increases your chances of obtaining a permit, as the annual quotas are usually filled within the first two days.
The initial residence permit is valid for one year and is renewable. To maintain the status, the holder must spend a minimum of 183 days per year in Austria. After five years of continuous residence, one becomes eligible to apply for a permanent residence permit.
Residence Permit for Financially Independent Persons
Financially independent individuals may apply for an Austrian residence permit without needing to secure a job or prove other compelling reasons for relocation. This permit grants the right to reside in Austria but does not permit the holder to work in the country.
The main requirements include:
Proof of a stable, regular income
Owned or rented accommodation in Austria
Basic proficiency in the German language
This pathway is regulated under Article 44 of the Settlement and Residence Act (NAG), with an annual quota of approximately 450 permits. One quota is allocated per family unit.
Benefits of the Austrian Residence Permit
Relocation to Austria
The permit allows investors and their families to reside in Austria—a developed country renowned for its high standard of living, beautiful architecture and nature, and excellent ecological standards. Residency must be maintained by spending at least 183 days per year in the country.
Visa-Free Travel within the Schengen Area
Holders can use their residence permit card for visa-free entry into all Schengen countries, staying up to 90 days within any 180-day period. Time spent in Austria does not count toward this limit.
Access to Quality Education and Healthcare
Austria is consistently ranked among the top 10 countries for healthcare quality. Residents can access insured medical treatment at Austrian clinics.
Graduation from Austrian schools provides a pathway to European universities, and Austrian university diplomas are highly regarded worldwide. Minor children included in the investor’s application do not require a separate study visa.
Pathway to Permanent Residency and Citizenship
After five years of lawful residence, an investor may apply for Austrian permanent residency. This lifetime status permits the holder to be employed and conduct business in the country, and it serves as a foundational step toward potential citizenship.
