Austria offers high net worth investors the ability to obtain citizenship and EU citizenship immediately without prior residence requirements on the basis of an investment in the country. To obtain the Austrian citizenship, an applicant is required to engage and invest in the Austrian economy from EUR 3 to 10 million in the form of a joint venture or a direct investment in a business.

Upon approval of the citizenship application, investors are required to visit Austria and complete the formalities at a citizenship ceremony before a representative of the Government.

As a citizen of Austria, you can take advantage of a range of personal benefits which include:

• Maintain EU citizenship and have the right to live and work anywhere in the EU

• Visa-free travel to Schengen area, as well as USA, UK, and Canada

• Dual citizenship is allowed

• Right to live anywhere in the EU, and additionally also in Switzerland

• Unless you are resident in Austria, you are not subject to tax in Austria

• No need to spend any particular time actually residing in Austria

• No German language knowledge is needed

• Access to the first class EU healthcare institutes and excellent education systems