Citizenship in Austria through Investment Opportunities.

As an Austrian citizen, you have the privilege to reside and work in Austria and throughout the European Union at any time. The Austrian passport is highly esteemed and provides extensive options for visa-free or visa-on-arrival travel, including destinations such as Hong Kong (SAR China), Japan, Singapore, and the United States. It is undoubtedly regarded as one of the premier travel documents globally, consistently ranking among the top ten strongest passports. Upon obtaining citizenship through the Austrian Citizenship Act, you and your family will benefit from lifelong citizenship, which future generations can inherit.

Advantages of Austrian citizenship through investment include:

• Access to approximately 190 destinations without the need for a visa or with the option of obtaining a visa upon arrival.
• The right to live in any EU country and Switzerland.
• A high standard of living.
• Exceptional transportation and communication infrastructure.

The requirements for acquiring Austrian citizenship via investment stipulate that applicant must engage in a proactive investment in the Austrian economy. This can be achieved through avenues such as joint ventures or direct investments in enterprises that contribute to job creation or enhance export sales. Typically, a substantial direct investment is mandated, while passive investments, including those in government bonds or real estate, do not meet the eligibility requirements.

In addition to the standard documentation, which includes passports, birth certificates, and marriage certificates, applicants must submit a certificate indicating a clean criminal record, a detailed curriculum vitae, relevant business background information, and outstanding references.

Under the provisions of the Austrian Citizenship Act, individuals seeking to obtain Austrian citizenship are typically obligated to relinquish their current citizenship. However, under the provisions of Article 10 (6) of the Citizenship Act, applicants can retain their previous citizenship, meaning they may not be obligated to relinquish their current nationality.

The process of obtaining citizenship through a capital investment entails multiple procedures and necessitates approval from various governmental levels. The applicant must receive comprehensive guidance from the outset, ensuring that each case is meticulously prepared. Additionally, it is important to secure informal endorsements from the relevant ministries prior to making the investment and initiating the formal application process. Coordinates with different governmental bodies and ministries, and ultimately prepares and submits the application to the government. This process includes extensive background verification. Citizenship documents are issued following the approval of the citizenship application.

The duration required to process an application typically ranges from 24 to 36 months. Upon successful completion of this process, applicants are granted full citizenship of the Republic of Austria by the Austrian Government and may apply for a passport immediately after receiving this approval. Generally, passports are issued shortly thereafter. The granting of citizenship is confidential and is not disclosed to any other nation, as it is protected under governmental regulations concerning privacy and official secrets.

The granting of citizenship is solely at the discretion of the Government of the Republic of Austria, and we cannot guarantee the success of applications. However, substantial measures have been put in place to provide optimal protection for individuals involved in the application process. Prior to accepting any mandate, a formal written agreement is created between the applicant detailing the responsibilities of each party.