During the six months of the current year 2020, 4.2 thousand people acquired Austrian citizenship. Compared to the first half of 2019, this figure decreased by 20.5%. There are several reasons for issuing residency, including study, starting a business and investing. Read more about each of them in the article below.
According to the Statistical Office of Austria, at the beginning of 2020, the country had just under 9 million inhabitants, of which just over 2 million were foreigners.
Migration regulations and rules for foreign residents in Austria are regulated by the law "On settlement and residence".
A residence permit card allows you to stay in Austria for a period of six to twelve months (or more in some cases). It can be either with or without the right to employment.
The following applicants can issue an Austrian residence permit:
economically independent foreigners
people employed in Austria
investors who have invested in the national economy
businessmen who are active in the country
students, schoolchildren and volunteers
artists and scientists
relatives of Austrian citizens
All the reasons for staying (there are more than ten of them) can be found on the migration portal of the Austrian Federal Government.
There is a general list of requirements for all applicants, regardless of the grounds for issuing a residence permit:
A foreigner must not violate the laws of Austria, and their presence must not endanger the public interest or national security. In addition, their residence should not significantly worsen Austria's relations with other states.
You need a place of residence in Austria such as your own realty or long-term lease. The cost of the property is not specified by law, but it is important that the area of the apartment/house is comparable to the size of the family.
Availability of health insurance. It must cover all risks and be paid directly in Austria.
The foreigner must have a regular income during their stay in Austria. The minimum monthly amount is €967 per person, €1,525 per couple, or €150 per child (after deducting regular expenses such as rent). It is desirable to demonstrate higher incomes.
The Austrian authorities are ready to grant residence permits to foreigners whose investments in the economy will be recognized as "particularly significant". The legislation does not specify a particular amount, but experienced lawyers note that to participate in the program, you need to have an average of €3 million.
An investor can get a residence permit (for themselves, their spouse, and children), if they are qualified as a "self-employed top manager". This status is granted to a person who transfers investment capital to Austria and thereby creates or retains a number of jobs.
Residence Permit for Financially Independent Individuals
This type of residence permit does not give the right to work, and also assumes that the investor has a permanent monthly income (outside of Austria) in the region of €2,000 per person (for a married couple – from €2,800, for a child – €288). Another alternative to this is a bank statement. Experts recommend that it should have at least €80,000 for a family of three.
Important: this type of residence permit is quoted. Every year, 300-500 people can get it. Demand exceeds the number of available quotas. It is necessary to collect documents and make an appointment several months before the first working day of January when quotas are distributed and, as a rule, there are no vacancies the next day.
Residence Permit for Students and Schoolchildren
For schoolchildren. The card can be obtained on the basis of enrollment in an Austrian school. In Austria, there are boarding schools where children of foreigners study and live. The main document for obtaining a residence permit is an invitation from school.
For students. To issue a student residence permit, a foreigner must study full-time (for more than six months) at one of the state or private accredited universities, technical colleges or educational institutions.
A student residence permit allows you to stay in Austria for a year, move freely within the Schengen area, and even work part-time (ten hours a week for bachelors and twenty-for masters).
A student can move their spouse and minor children to their home.
Residence Permit for Work in Austria
Qualified and in-demand specialists, individual entrepreneurs, startup founders and graduates of Austrian universities can get a "Red-white-red card", which is a residence permit with the right to work in Austria. Applicants are evaluated based on their education, experience, age, and language skills. You can check how many points you can earn here.
Family Reunion
A residence permit can be issued to spouses, registered partners or unmarried minor children (including foster children) of those who have one of the following types of residence permit:
Employed holders of the" red-white-red card " or Blue card of the EU
Artists
Students
Shift workers
Researchers
Holders of other types of residence permits, such as school students, self-employed and volunteers, cannot apply for family reunification.
To obtain a residence permit on this basis, you need to confirm the relationship. Apostilled marriage and birth certificates are suitable for this.
Examples of real estate for sale in Austria:
2 715 000 €
Apartment in Vienna, Austria
155 sq.m22
Spacious apartments with an area of 155 sq.m. and 2 bedrooms belong to the Börseplatz 1 project. One of the advantages is the layout and ceilings, which reach 4 m. The apartment is decorated in the style of "modern classics". The housing meets the most modern standards of maintaining a microclimate, thanks to heated floors, a controlled...
Luxury Immobilien GMBH
2 450 000 €
Villa in Upper Austria, Austria
260 sq.m44
A wonderful 4 bedroom villa is located at the foot of the Ahlberg Mountain in a very popular residential area, known for its good wine taverns with excellent wine in Klosterneuburg. It combines the idyll of rural life and the convenience of an urban location in an area with good infrastructure: medical centers, schools and good transport links...
Luxury Immobilien GMBH
1 400 000 €
Flat in Vienna, Austria
132 sq.m432
Luxury four-bedroom apartment with 3 bedrooms in the heart of historic Vienna in an old building built by architect Josef Janl in 1881. If you want not only to eat and sleep, then this apartment is for you! Here you will feel at the turn of the century. An elegant apartment of 132 sq. m. is located on the 3rd floor of a five-storey building on...
Luxury Immobilien GMBH
9 952 000 €
Loft in Vienna, Austria
250 sq.m65
New modern loft with an area of 250 sq.m. and 6 bedrooms belong to the Börseplatz 1 project. In it you will be able to accommodate your guests, relatives and friends. The layout is one of the advantages of this project, and the ceiling height reaching 4 meters will simply amaze you. The apartment is decorated in the style of "modern classics"....
Luxury Immobilien GMBH
7 490 000 €
Villa in Vienna, Austria
432 sq.m44
Luxurious 4 bedroom villa located in the 19th district of Vienna (Döbling), on Bellevuestraße, between the vineyards and the Wienerwald.
The design of this exclusive family villa was created to achieve both tremendous open space and the sense of size and altitude.
Key features:
Total area: 431,55 m2
Garden area: 592,36 m2...
Luxury Immobilien GMBH
1 990 000 €
Apartment in Vienna, Austria
92 sq.m2
Ultramodern apartments in 2 floors with an area of 92 sq.m with 2 bedrooms, located on the 5th floor, in the new elite project Am Werdertor. This project is located in the center of Vienna, it has a high-quality finish in a modern style: high ceilings, high-quality plastering of walls, first-class equipped bathrooms and bathrooms with the use of...
Luxury Immobilien GMBH
6 541 000 €
Penthouse in Vienna, Austria
227 sq.m43
Stunning penthouse with an area of 227 sq.m with 3 bedrooms, located on the 5th floor, in the new elite project Am Werdertor. This project is located in the center of Vienna, it has a high-quality finish in a modern style: high ceilings, classic herringbone parquet laying technology, high-quality plastering of walls, first-class equipped...
Luxury Immobilien GMBH
2 695 000 €
Apartment in Vienna, Austria
109 sq.m32
New 3-bedroom apartment in 109 sq. m. in the elite AmWerdertor project. The apartment is located on the 2nd floor of the project, which provides 24-hour concierge services, and also has its own SPA, a modern gym with the latest equipment, as well as a 15-meter swimming pool and a separate small pool for children. The apartment has an air...
Luxury Immobilien GMBH
1 200 000 €
Penthouse in Austria
130 sq.m3
We are particularly pleased to be able to offer you this first-time occupancy condominium for sale.
Location:
At the Millstätter See in Carinthia, a special luxury penthouse apartment is for sale in a very quiet and picturesque environment.
The building was recently completed and is now available to the new owners as a first occupancy.
The...
Immotrading GmbH
2 995 000 €
Flat in Vienna, Austria
128 sq.m3
Key data
Top 604
Floor: 2nd attic
Rooms: 3rd
Type of use: purchase
Available now
Year of construction: 1870
Condition: first time use
Energy certificate
HWB 34.02 kWh/m²a
Costs
Purchase price € 2,995,000.00
Land register entry 1.10%
Real estate transfer tax 3.50%
Commission 3% of the purchase price plus 20% VAT.
Areas
Living area 127.61...
Immotrading GmbH
7 800 000 €
Apartment in Vienna, Austria
232 sq.m4
Your new home address Börseplatz 1 has not only a special sound, but also a special location: in one of the most livable cities in the world, in the center and at the same time not in the tourist flow. Pleasant silence and at the same time pulsating life, well-protected environment.The Ringstrasse is in close proximity and at the same time in an...
Luxury Immobilien GMBH
6 200 000 €
Apartment in Vienna, Austria
214 sq.m4
General information about the project
Skyview Penthouses
Number of units: 6
Location: 6th and 7th floor
Ceiling height: up to 5.6 m
Imperial Lofts
Number of units: 6
Location: 4th and 5th floor
Ceiling height: up to 7.5 m
Luxury Apartments
Number of units: 27
Location: 1st, 2nd and 3rd floor
Ceiling height: up to 4 m
Offices...
Immotrading GmbH
560 000 €
Flat in Vienna, Austria
73 sq.m2
2-room apartment with balcony, basement compartment and 1 parking space in the underground garage is for sale.
Usable area: 75 sqm incl. balcony and cellar compartment, located on 4th floor.
The apartment is rented for 4 years. The new owner can extend the contract or terminate it with a 3 month notice.
Monthly rent: 1058 euro (excl....
Immotrading GmbH
520 000 €
House in Austria
770 sq.m
We are particularly pleased to be able to offer you an interesting residential complex developer project for sale (including existing buildings) with 8 residential units plus 10 parking spaces.
Location/Traffic/Infrastructure:
With a wonderful view of the lake in immediate vicinity with mainly agriculturally used green areas, a pleasant...
Immotrading GmbH
210 000 €
Flat in Austria
75 sq.m3
Immotrading GmbH
415 000 €
House in Austria
550 sq.m10
Object description:
The apartment building offered here with a lot of potential is located in a central location in Waizenkirchen and offers a total of around 550 square meters of living space. The plot covers an area of 166 square meters. The ground floor and the 1st floor have already been renovated and are in very good condition. The 2nd...
Immotrading GmbH
2 895 000 €
Villa in Austria
227 sq.m7
This impressive property is located in the villa district of the enchanting spa town of Baden near Vienna, not far from the city center. The real magic is in the details, which we are about to reveal to you.
The villa on three levels offers everything one could wish for in a modern lifestyle.
In the basement with an area of approx. 120.68 m²...
Immotrading GmbH
1 100 000 €
Villa in Austria
223 sq.m3
Welcome to Bad Radkersburg - Your Oasis in Picturesque Styria!
The charming spa town of Bad Radkersburg is renowned for its healing thermal springs and relaxed atmosphere. Here, we offer you the unique opportunity to acquire a property perfectly nestled within the natural beauty and historical charm of this region.
Property Overview:
This...
Immotrading GmbH
919 000 €
Flat in Austria
117 sq.m5
This unique maisonette apartment offers exclusive living comfort in a sought-after location. With a living space of approximately 117.06 m², it spans two floors and is in first occupancy, ensuring the most modern living luxury.
Highlights:
5 rooms, 2 bathrooms, 2 separate toilets
3 loggias and 3 terraces with a total area of approximately...
Immotrading GmbH
1 399 000 €
Flat in Vienna, Austria
108 sq.m3
Exclusive penthouse with terrace on Rochusmarkt
GENERAL INFORMATION:
- Living space: approx. 108 m²
- Floor: upper floor
- Living room with kitchen
- 2 bedrooms
- Number of bathrooms: 2
- Open fireplace
- Terrace 28 m²
- Private sauna
- Private laundry room
- Elevator directly to the apartment
- Garage: 2 garage...
A residence permit cannot be issued to a foreigner for several reasons. These include:
A ban on entering the country
A refusal to issue a residence permit from another EU country or Switzerland
Exceeding the duration of the permitted visa-free or visa-requiring stay
A punishment for violating border control or illegal entry into Austria in the last twelve months
Documents for a Residence Permit
General list of documents (may be adjusted depending on the grounds of issue):
passport that is valid for at least three months before the expiration of the residence permit
internal passport marriage
certificate, partnership certificate, adoption
photo no older than six
months birth certificate health
insurance
documents on the availability of real estate in Austria or a rental agreement
a certificate of no criminal record
a completed questionnaire
an A1 certificate of knowledge of the German language
proof of livelihood
A foreigner must apply for an initial residence permit at an Austrian embassy in person outside of Austria. However, there are a number of reasons why they can bring a package of documents for a primary residence permit directly in Austria. For more information, follow the link.
Rights and Obligations of the Holder of an Austrian Residence Permit
With a residence permit card, third-country citizens can:
conduct business in Austria
work for hire (if the type of residence permit does not prohibit this)
enjoy all social benefits and bonuses
study at local schools and universities
buy real estate without restrictions
freely move around the countries of the Schengen zone
However, a foreigner is obligated to become a tax resident in Austria, and the rates of state fees are higher here than in many other countries. Also, the holder of a residence permit must spend at least 183 days a year in Austria.
