Immigration to Austria. Residence permit, permanent residence and Austrian citizenship
Since 1992 Feod Group has been providing full legal support for moving to Austria:
Immigration services: ✔ Obtaining a long-term visa to Austria ✔ Obtaining a residence permit, permanent residence, Austrian citizenship ✔ Obtaining a long-term student visa ✔ Representation of the client’s interests at the immigration authorities of Austria ✔ Professional assistance after refusal of a visa to Austria
Legal and business services: ✔ Registration of a company in Austria ✔ Opening a bank account in Austria ✔ Rent and purchase of real estate in all regions of Austria ✔ Buying a ready-made business in Austria ✔ Confirmation of the source of funds
Obtaining a residence permit and immigration to Austria:
Financially independent foreigners
Business immigration
Work immigration to Austria
Family reunification
Residence permit for study
Renting real estate in Austria, buying a business or real estate in Austria
Residence permit for financially independent foreigners
The category “Financially independent foreigners” is intended for those who do not want to make large investments, who would like to reside without necessity of work and free movement throughout Europe.
This residence permit does not provide for the opportunity to study or work in Austria. Therefore, a prerequisite is the availability of sufficient savings and personal independent income.
Settlement Permit – Gainful Employment Excepted
Minimum monthly income – from 2,200 € per main applicant + from 3,100 € per couple
Presence of a bank account – from 27,000 € for the main applicant
Real estate in Austria – for rent (12 months) or purchase
Family members – the spouse, children under 18, dependent children over 18
The residence permit is valid for 1 year, then extended for another 1 year, then immediately for 3 years. After 5 years of residence – permanent residence
Austrian citizenship – After 10 years of residence; In some cases, after 6 years with good integration into Austrian society
Features – Knowledge of German at A1 + level there is an annual quota
OBTAIN PROFESSIONAL IMMIGRATION ADVICE
Business immigration to Austria
Conditions for obtaining a residence permit in Austria through starting a business
1. Relevance of the applicant’s business project for the Austrian economy:
It is necessary to provide a business plan in German, which will reflect the relevance and importance of this type of business for a particular region and country, an analysis of the local market and clearly formulated business goals).
2. Availability of sufficient sources of business financing:
The minimum amount for investing in a business is from 100 thousand euros.
Job creation.
3. Qualifications of the applicant, allowing to implement the business idea:
the presence of a diploma of education with the required qualifications or the presence of 5 years of professional experience.
4. Availability of sufficient financial resources of the applicant for the period of stay in Austria:
availability of means of subsistence (from 2,200 euros per month). Funds must be in the applicant’s personal account at least 90 calendar days prior to submission.
5. Confirmation of the legality of the source of origin of funds.
6. Confirmation of the applicant’s integrity:
No violations of the EU visa regime, no deportations;
No criminal record.
We accompany all our clients who would like to register or purchase a business in Austria, and at the same time provide a full range of services for obtaining immigration status for the entire family of the client.
OBTAIN PROFESSIONAL IMMIGRATION ADVICE
Work immigration to Austria
Austrian immigration law provides several opportunities for highly qualified professionals from other countries.
1. Red-White-Red Card
Red-White-Red Card is both a residence permit and a work permit for highly qualified specialists. This residence permit is issued for 12 months. Such a permit gives its holder the right to reside in Austria with the right to work for a specific employer.
The Red-White-Red Card of Austria can be obtained by:
Very highly qualified specialists;
Qualified specialists in scarce professions;
Other employees of key professions;
Graduates from Austrian universities and colleges with higher education;
Key occupations are entrepreneurs.
2. Red-White-Red plus Card
Red-White-Red Card plus provides its holder with the right to reside in the country with the right to work for any employer – free employment.
This right of residence can be obtained by:
Holders of the Red-White-Red Card, if at least 10 of the last 12 months they have worked, observing the conditions provided by the immigration law for the holders of this card;
Family members of Red-White-Red cardholders and EU Blue Card holders;
Family members of foreign citizens permanently residing in Austria;
3. Blue Card of the European Union (EU Blue Card)
A foreigner may be eligible for residence on the basis of an EU Blue Card if he meets the general requirements of Austrian immigration law (excluding proof of housing and means of subsistence) and provides written confirmation of such compliance from the Public Employment Service (AMS).
General requirements for immigration to Austria under the terms of the EU Blue Card program:
The applicant must prove a university degree or college degree for a minimum duration of 3 years (i.e. higher education);
Availability of an offer for a highly qualified job for a period of at least 1 year (the offer must correspond to the qualifications of the applicant);
The employee’s total annual income will be one and a half times the average total annual income in Austria for full-time workers;
The presence of the Arbeitsmarktprüfung is a confirmation that there are no applicants registered on the labor market – citizens or residents of Austria who are able to perform this work.
We provide professional services for the preparation and support of documents for obtaining a work visa to Austria and other EU countries
OBTAIN PROFESSIONAL IMMIGRATION ADVICE
Family reunification
In the context of the Permanent and Temporary Residence Act, family members eligible for family reunification in Austria include:
Spouses;
Registered partners;
Unmarried / unmarried children under 18 years of age (including adopted).
At the time of application, spouses and registered partners must be over 21 years old.
Other dependent family members:
Relatives (also relatives of spouses and registered partners) in a direct ascendant, if they are supported by the main applicant;
Partners – when providing confirmation of a long-term relationship in the country of residence, if they are supported by the main applicant;
Other relatives under certain conditions.
The presence of Austrian lawyers in the company will make the process of family reunification easy and as comfortable as possible for you and your close relatives.
Residence permit for study
For students, it is possible to switch from a student visa “Student Stay Permit” to a Red-White-Red Card. Foreign students of Austrian universities can work during their studies, subject to obtaining a work permit.
After successfully completing a study program in Austria, a diploma program (Diplomstudium) or at least starting from the second part of the Master’s program at an Austrian university, University of Applied Sciences or an accredited private university, the student, having received a special permit, can stay in Austria for the next 6 months in order to find employment.
Answers to frequently asked questions about Austria
Is it possible to move freely around Europe with a residence permit in Austria?
Yes, obtaining an Austrian resident card grants its holder the right to visa-free entry and movement in all Schengen countries in Europe.
How long can you stay in Schengen with a residence permit in Austria?
A long-term visa or residence permit issued by a Schengen state allows you to travel or stay in other Schengen states while respecting the maximum duration of “90 days in any 180-day period”. As an Austrian citizen, you have the right to live and work in any EU and Schengen country.
What are the taxes in Austria and the conditions for the onset of tax residency?
Main taxes in Austria:
Corporate tax – 25%
VAT – 20%, reduced rate 10%
Dividends – 27.5%
Interest – 0%, 25%, 27.5%
Royalty – 20%
Property tax – 1% of the cost
Income tax: up to 11,000 euros – 0% from 11,000 to 25,000 euros – 36.5% from 25,000 to 60,000 euros – 43.21% over 60,000 euros – 50%
Tax residents of Austria are individuals who live in Austria for more than 6 months a year and have a center of vital interests there. Austrian tax residents are required to declare income earned both in Austria and abroad.
How to renew a residence permit in Austria?
You can extend the Austrian residence permit on your own or with the help of our immigration lawyers, who will help you correctly collect an individual package of documents.
It is necessary to carefully prepare for the submission of documents for the renewal of the resident card: the standard list of magistrate’s documents is not sufficient. You will need to confirm the payment of taxes, bank statements, certificates of absence of debts on tax and utility payments.
The processing time for a new Austrian resident card differs with each magistrate.
How to get Austrian citizenship?
To obtain Austrian citizenship, you must have lived in the country for at least 10 years or 6 years if the applicant is married to an Austrian citizen.
Also, an applicant for Austrian citizenship must have a good knowledge of the state language, as well as the culture, history and customs of the state. This requires passing a special exam (Citizenship Test).
Elena Georghiou is the founder of Feod Group, a company that has been successfully operating since 1992. With over 30 years of experience, she specializes in corporate law, international taxation, immigration law, investment, and financial consulting....
Elena Georghiou is the founder of Feod Group, a company that has been successfully operating since 1992. With over 30 years of experience, she specializes in corporate law, international taxation, immigration law, investment, and financial consulting.
Since 1992, Feod Group has been providing a wide range of legal, business and immigration services in Europe, the USA and other countries of the world.
The company has accredited western lawyers, experts in various fields of law and jurisdictions of the world.
Having offices in Europe and the USA, Feod Group provides rapid paperwork and maximum customer comfort.
We provide our clients with related services, such as relocation and adaptation abroad, organizing family relocation abroad, enrollment of children in schools and many other services.
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