Austria Golden Visa

Austria Golden Visa; Austria is one of Europe’s wealthiest countries, offering a very high quality of life to its people. With awe-inspiring natural attractions and a well-developed and stable economy, Austria makes for an outstanding place of residence.
Austria offers residence in an EU country and visa-free access to Europe’s Schengen Area for a select number of German-speaking applicants, under stringent requirements
An Austrian residence permit allows you to travel to all Europe’s Schengen Area states without a visa. A residence permit is initially issued for one year and can then be renewed without problems or interruptions. After 10 years of legal residence, and in certain circumstances after six years, it is possible to apply for Austrian citizenship.

Benefits of Austria Residence By Investment
Opportunity to establish residence as a person of independent means
Visa-free access to all Europe’s Schengen Area states
Possibility for citizenship eligibility after 10 years of residence
Attractive lifestyle and healthy environment
Excellent transport and communications

Requirements and Options for Austria Residence By Investment
Only a select number of applicants will be chosen, due to the strict annual quota of around 300 individuals in place. To acquire residence under the Austria Private Residence Program, applicants must fulfil all the following requirements. They must:

Have financial independent means: A minimum of EUR 40,000 in liquid funds on a bank account, the amount of which will increase depending on the size of their family.
Provide proof of permanent residential real estate (either purchased or leased), where they and their dependents will live.
Have full-cover health insurance.
Have documented German language skills (at A1 level).
Submit the mandatory documentation to the Austrian consular or diplomatic representation in their current country of residence.
Obtain a special visa at the Austrian embassy, once their residence application has been approved, which will enable them to travel to Austria to collect their residence permit from the relevant authority.

Procedures and Time Frame for Austria Golden Visa

In the course of the application process, applicants must personally submit mandatory documentation to the Austrian consular or diplomatic representation in their current country of residence. Due to the strict quota constraints for some residence permits, timing of the submission of the application is of prime importance. Once the permit is granted, the applicant must pick up a special visa at the Austrian embassy, which allows the applicant to travel to Austria to collect the residence permit at the relevant authority.

Also Read https://citizenshiphubs.com/austria-citizenship-by-investment/

Also Read https://citizenshiphubs.com/austrian-passport-citizenship/