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Globe Capital Group > Citizenship > European Citizenship > Austria

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Austria

Austria is among the wealthiest nations in Europe, providing its citizens with an exceptional quality of life. With its breathtaking natural landscapes and a robust, stable economy, Austria is an excellent place to live.

  • Investment

    Substantial contribution to the Austrian economy or extraordinary achievements in the interest of Austria

  • Key benefit

    Visa-free or visa-on-arrival travel to approximately 190 destinations including Canada, Hong Kong, the rest of the EU, and Europe’s Schengen Area

Confidentiality:

The grant of citizenship is confidential and not disclosed to other countries, in accordance with government provisions related to privacy and official secrets.

Citizenship in Austria for Outstanding Achievements

 

At Globe Capital Group, we assist clients in acquiring Austrian citizenship, which grants the right to live and work freely not only in Austria but throughout the European Union. The Austrian passport is widely recognized as one of the most powerful travel documents globally, providing visa-free or visa-on-arrival access to numerous destinations, including Hong Kong (SAR China), Japan, Singapore, and the United States. Citizenship obtained under the Austrian Citizenship Act is granted for life and can be passed down to future generations by descent.

Benefits of Austria citizenship by investment

Visa-free or visa-on-arrival travel to 190 destinations

Right to reside across the EU and Switzerland

Enjoy a high standard of living in Austria

Excellent transport and communications

Requirements of Austrian
Citizenship by Investment

Under the citizenship by investment provisions, an applicant must make an active investment in the Austrian economy. This can take the form of a joint venture or a direct investment in a business that creates jobs or generates new export sales. Generally, significant direct investment is required. Passive investments, such as in government bonds or real estate, do not qualify.
Alternatively, citizenship may be granted for extraordinary achievements that benefit Austria’s national interest. These can include outstanding contributions in fields such as sports, science, philanthropy, or the arts.

Documentary Requirements:

Applicants must submit the following:

  • Passports, birth, and marriage certificates
  • A clean personal record (certificate of no criminal record)
  • A comprehensive CV and business background information
  • Impeccable references

Citizenship Conditions:

The Austrian Citizenship Act generally requires applicants to renounce their current citizenship to obtain Austrian citizenship. However, under Article 10 (6) of the Citizenship Act, applicants may be allowed to retain their original citizenship while obtaining Austrian citizenship.

Austria Citizenship by Investment Procedures:

The process of obtaining citizenship through a capital contribution involves several steps and requires government approval at multiple levels. It is crucial for applicants to receive proper guidance from the outset, ensure careful preparation of each case, and obtain informal approvals from key ministries before making the investment and beginning the formal application process. GLOBE CAPITAL GROUP provides expert advice on suitable capital contribution opportunities, coordinates with the relevant government agencies and ministries, and prepares and submits the application on your behalf. The process includes a thorough background check, after which citizenship documents are issued once the application is approved.

Approval and Issuance:

Successful applicants are granted full citizenship by decision of the Government of Austria and can apply for an Austrian passport immediately. Passports are typically issued within a few days.

Confidentiality:

The grant of citizenship is confidential and not disclosed to other countries, in accordance with government provisions related to privacy and official secrets.

Austria FAQs

Austria Citizenship by Investment frequently asked questions

Austria Citizenship by Extraordinary Achievements offers investors and their families the opportunity to obtain Austrian citizenship by making a substantial contribution to the country's economy or for extraordinary achievements in the interest of Austria.

Investment options include contributing significantly to Austria’s economy through a joint venture or direct investment that creates jobs or increases exports. Alternatively, individuals may qualify through outstanding achievements in sports, science, philanthropy, or the arts that benefit Austria.

Benefits include the right to live, work, and study in Austria and other EU countries, visa-free access to numerous countries worldwide, and access to high-quality healthcare and education.

There is no minimum investment amount, but applicants need to make a substantial contribution to the Austrian economy or show extraordinary achievements in the interest of Austria.

Processing times for citizenship by investment applications may vary. Please contact us to find out more.

Yes, the main applicant can include their spouse and dependent children in their application.

There are no specific residence requirements, but applicants may need to demonstrate a connection to Austria and spend some time in the country.

Required documents typically include a valid passport, proof of contribution, health insurance, a clean criminal record, a comprehensive CV, background business information, impeccable references, and other supporting documents.

Applicants must choose a qualifying investment, submit the application along with the necessary documents, and undergo a due diligence process.