How can I get permanent residency in Austria?

How can I get permanent residency in Austria?

In order to apply for Austrian permanent residence, you must have met the following requirements:

1. Had legal status in Austria for the past five years, uninterrupted.
2. Been financially self-sufficient, whether through independent means, a job, or self-employment.
3. Maintained health insurance for those five years.

What is the easiest European country to get permanent residency?

Easiest European countries to get permanent residency

• PORTUGAL: One can easily make the cut for Portugal’s Golden Visa program by donating generously to the scientific or art culture, or by simply making a purchase in the real estate. …
• GREECE. …
• MALTA. …
• CYPRUS. …
• LATVIA: …
• MONTENEGRO. …
• SPAIN.

How long does it take to get Austrian PR?

The processing time for a residence permit can take from 3 to 14 months, depending on the type of the permit, which is fairly efficient when compared to other countries. The due diligence processes are reasonable with minimal bureaucratic and application requirements.

Can I buy Austrian citizenship?

An excellent place to establish residence within the EU, Austria is the only Western European country that offers the possibility to obtain citizenship by investment and an EU passport without prior residence requirements.

Is it easy to get Austrian citizenship?

It is possible to apply for Austrian citizenship by naturalization generally after 10 years of continuous residence in Austria. However, in certain cases it is possible to apply earlier. Additional requirements include: knowledge of the German language ‘having due regard to the alien’s personal circumstances’

Which country gives fastest PR?

Nicaragua. If you’re not eligible for Panama’s friendly nations visa, or Panama’s not your cup of tea, consider Nicaragua. This country has one of the lowest cost visas with a path to citizenship and the fastest to permanent residency.

Which EU country gives citizenship fastest?

Every European country offers citizenship by naturalization but with different requirements. Portugal took the first position in the list and one of the fastest-growing citizenship policies for its uncomplicated and most accessible requirements to get citizenship.

Can I buy European citizenship?

There are many ways to get an EU passport, but the most efficient one is through one of the special European residence by investment programs whereby you obtain a residence permit and then apply for permanent residency and European citizenship.

How much bank balance is required for Austria?

You have to prove sufficient financial means to finance your stay: students up to 24 years of age have to prove that they have at least 515,30 Euros per month ; students of 24 years of age or older have to prove that they have at least 933,06 Euros per month [as of 2019] – these amounts have to be proved for a maximum …

Does Austria offer golden visa?

The Austria Golden Visa program allows foreign applicants to actively invest in the economy to gain Austrian residency and citizenship. In return for Austrian citizenship and subsequent second passport, such investment must be significant, contribute to the economy and create jobs.

How can an EU citizen get Austrian citizenship?

Obtaining Austrian Citizenship by Application

1. at least 10 years of continuous stay in Austria (a minimum five years of which as permanent resident)
2. sufficient financial means/secure income.
3. no criminal record.
4. sufficient knowledge of the German language.
5. positive attitude towards the Republic of Austria.

How powerful is the Austrian passport?

The Austrian passport currently ranks on the 5th place according to the Guide Passport Ranking Index. It provides visa-free access to 192 countries. It is considered one of the most desirable passports in the world with a very high mobility score.

Why is it so hard to get Austrian citizenship?

At ten years’ continuous residence, Austria has one of the longest naturalisation processes of any European country, making it a slightly less attractive option for anyone looking for a shortcut to EU citizenship. Also, being born on Austrian soil does not secure you citizenship unlike in many other countries.

How can I get Austrian citizenship in 6 years?

After at least six years of legal and uninterrupted residence in Austria and five years of intact marriage involving living in a joint household, spouses of Austrian citizens may obtain citizenship by granting.

Will Austria allow dual citizenship?

In general, the Austrian Citizenship Act does not allow dual citizenship, and therefore, upon acquiring another citizenship, an Austrian citizen would have to renounce their original citizenship.

What are the advantages of Austrian citizenship?

Key advantages of Austrian citizenship: Opportunity to become an EU citizen upon making a substantial capital contribution. Visa-free or visa-on-arrival access to 185 destinations worldwide. The right to reside anywhere else in the EU, as well as in Switzerland. No requirement to reside in Austria.