Austria: Citizenship by Investment
The Citizenship by Investment Program in Austria is a highly respected and sought-after program that allows investors to obtain Austrian citizenship through investment in the country. This program is designed to attract high-net-worth individuals and entrepreneurs who wish to establish a presence in Austria.
The program allows investors to obtain citizenship in Austria by making a significant investment in the country. It can be made in real estate, a business, or other approved investment options. The investment amount required for the program is 7-8 million euros and it must be made over a period of at least three years, with at least 3 million euros being invested each year.
Legal Basis
To qualify for the program, investors must also meet other requirements. They must have a clean criminal record, be able to prove the source of their funds, and have a basic knowledge of the German language. Applicants must also be able to show that their investment will bring economic benefits to Austria and will create jobs in the country.
Benefits
One of the primary benefits of obtaining citizenship through the Austrian Citizenship by Investment Program is the ability to travel freely throughout the European Union. Austrian citizenship grants individuals access to all the benefits of EU citizenship, including visa-free travel and the ability to live and work anywhere in the EU.
Austrian citizenship also comes with many other benefits. Citizens of Austria have access to high-quality education, healthcare, and social services. The country is known for its excellent public transport system, beautiful landscapes, and vibrant cultural scene. In addition, Austria has a stable political and economic system, making it an excellent location for those looking to establish a business or invest in the country.
Key facts
Minimum investment 7-8 mln€
Residence in Austria
Invest in own company, or assemble an investment portfolio matching government requirements
Lower tax rates
Austria has a low tax rate compared to many other European countries. It also has a network of double taxation treaties, which means that citizens are not subject to double taxation on their income. Additionally, citizens are not subject to inheritance or gift taxes in Austria.
The program's application process is straightforward and streamlined. Applicants must submit their investment proposal to the Federal Ministry of Economic Affairs and Labor, who will review the proposal and make a recommendation to the government. Once the investment is approved, the applicant must obtain a residence permit in Austria and fulfill the residency requirement before they can apply for citizenship.
Our Guidance & Assistance
Through our dedicated experience in the field and building our dependable network over the years, we are confident in our abilities to successfully guide and support you through Citizenship and Residence programs.
Citizen Lane respects every client’s unique situation and will be able to discuss details in confidence. We will provide you with comprehensive advice and find the appropriate solution for you and/or your family. Visit us at our offices located in Malta, Austria, Germany, and Switzerland, or contact us by phone/email/contact form. Our team is ready to arrange a WhatsApp, Skype, or Zoom call with you.