Buy Austrian Residence Permit
Buy Austrian Residence Permit
A residence permit is an official authorization permitting a foreign citizen to live and be
able to operate in a foreign country legally. When granted this permission, most
countries issue a residence card to the foreigner. A resident permit is not a visa.
However, you need a visa to visit any country which is not visa free. Just to emphasize,
your residence permit adds on the visa to legalize your stay in the country for a
considerable long period of time and permits you to pursue your carrier or studies in
that country.
Who Can And How To Apply
Applications are submitted to an Austrian consulate in any country or a magistrate in
Austria by appointment on the first working days of the year. The earlier your
appointment, the higher the chance of getting a residence permit. Quotas are usually
assigned within the first two days. The first residence permit is valid for a year and can
be extended. One must spend 183+ days a year in Austria to retain the status. After five
years of living in the country, one can apply for a lifetime permanent residence permit.
Financially independent persons may apply for an Austria residence permit without
searching for a job or proving other significant reasons to relocate to the country. The
permit allows its holder to live but not work in the country. The main requirements for
applicants are a stable income, owned or rented housing in Austria and basic proficiency
in German.
Article 44 of the Settlement and Residence Act (Niederlassungs- und Aufenthaltsgesetz,
NAG) regulates the issuance of residence permits for financially independent persons.
There are quotas for this type of permit – about 450 per year. One family member gets
one quota.
Benefits of the Austria residence permit
Relocation to Austria
Firstly, Residence permits allow investors and their family members to live in Austria,
a developed country with high living standards, beautiful architecture and nature, and
good ecology. To maintain residency, one must spend at least 183 days a year in Austria.
Visa-free travel to the Schengen countries
Austrian residents can use their residence permit cards to enter the Schengen
countries without visas and spend up to 90 days out of 180 in the region. The time spent
in Austria doesn’t count.
Access to quality education and healthcare
Austria is consistently in the top 10 countries regarding the quality of healthcare
services. Investors and their family members can get insurance treatment at Austrian
clinics.
Furthermore, Graduation from Austrian schools paves the way to European universities.
Besides, diplomas from Austrian universities are highly valued around the world. Minor
children can get residence permits with the investor; thus, they won’t need a separate
visa to study in the country.
Prospect of the Austria permanent residence permit and citizenship
After five years of living in the country with a residence permit, an investor can apply for
Austria permanent residency. This lifetime status allows the holder to be employed and do business