Although the Austrian government does not receive a direct payment in Bitcoin, our authorized agents can receive crypto payment, subsequently converting the funds into fiduciary money to be remitted to the Austrian government and ensure its application in the Austria citizenship by investment program. Real Estate Option To protect your privacy, can you buy Austrian citizenship using an Anonymous Credit Card or cryptocurrencies like Bitcoin with absolute confidentiality. CBI or the Citizenship by Investment program allows overseas individuals to buy real estate in a country and get its citizenship and passport. There are more clearly defined programmes available that grant European citizenship. Government processing fees for citizenship-by-investment in Austria are approximately 400,000 Euro per applicant. Do you need specialized help to get your Second Passport and Citizenship. The processing time of your registration in this citizenship by investment program varies from 3-7 months, at the end of the process you will receive the citizenship and passport of Austria. Visa Free Travel It is also known as the “golden visa”. Austrian citizenship by investment: procedure. There is, however, a CBI program where overseas individuals can get citizenship, but it must be an active investment into the country’s economy. Eligibility Requirements of Austrian citizenship by Investment If the investment is being directly injected into a business, the required amount is € 10 million. Austria Citizenship. Citizens of Austria need to pay taxes of up to 55% on the income, but if the investor decides not to relocate to Austria, the investor will not be subject to the nation’s income tax. We are the only law firm that has a truly global overview of and expertise in Citizenship by Investment programs. In some case additional documents may be required, such as a recommendation letter. Many countries around the Under the citizenship-by-investment provisions, an applicant is required to invest actively in the Austrian economy, for example in the form of a joint venture or direct investment in a business that creates jobs or generates new export sales. Our experts have extensive international and local experience and a high success rate in delivering the citizenship grant on time. The Act is an initiative by government to attract new businesses to stimulate the economy and create new employment opportunities. It could also be a donation to a relevant public project. A selection of residency and citizenship investment programmes. Citizenship-by-Investment: Get Started Now . Austria is the gold standard of the second passport and Citizenship by Investment Programs. British Overseas Territory Art 10 (6) of the Austrian Citizenship Act (StbG) stipulates that Austrian citizenship may be granted if the federal government confirms that the granting of citizenship to the applicant is in the interest of the Republic of Austria due to his/her extraordinary past or prospective achievements. If the candidate meets any of the requirements mentioned above, he/she can obtain citizenship of Austria, as well as the spouse and children under 18 years of age. Obtaining Austrian citizenship bears no tax consequences unless Austria becomes a place of your main residence. For persons of independent means, Austria offers the opportunity to become resident in the EU and Europe’s Schengen Area with minimal bureaucratic requirements. Residence-by-Investment Overview. Of course, there are always some formalities, but the Citizenship by Investment Program makes owning two passports quite straightforward and in a matter of a few months the second passport is issued and you can enjoy the rights and freedom of living in two countries. Citizenship is confidential and is not communicated to other countries. Full Family Application Austria has a provision in citizenship law to grant exceptional citizenship in the state for arts, sports, culture, research and economic activity Austria Citizenship by Investment Program. CBI or the Citizenship by Investment program allows overseas individuals to buy real estate in a country and get its citizenship and passport. For more details or to contact an advisor please complete your details. 10 (6) of the Austrian Citizenship Act states that the government can reward foreign persons with citizenship in the event of extraordinary merit. The investment is typically a minimum of €10 million if injected directly into a business or €3 million as a contribution to the government development fund. It is also known as the “golden visa”. Unless you have a Numbered Bank Account, your international bank transfers will always be reported to your local government. Under the citizenship-by-investment program, “Economic citizenship” offered to foreign nationals who invest a direct business investment of EUR 3 to 10 million in Austria are eligible for “Austrian citizenship” only at the sole discretion of Austrian Government by exception. Unlike certain other European countries Austria does not offer a golden visa for passive investment. Citizenship CBI or the Citizenship by Investment program allows overseas individuals to buy real estate in a country and get How to Get Citizenship by Investment for Austria? It is an excellent place to establish residence within the European Union and is the only EU country besides Slovakia with decent, established practice of offering citizenship and a passport to substantial investors without prior residence requirement on the basis of investment. Australian citizenship is granted to high net worth foreigners for investment in the economy of the state and subject to compliance with the minimum stay requirement. From €350,000 - Smarter News Now General requirements for naturalization Alongside its highly successful international private client practice, our experts has a thriving government advisory practice which advises and assists countries on economic development strategy and implementation in the areas of investor immigration and citizenship. The idea of potentially giving up yo… Such an investment must be significant, contribute to the economy and create jobs. This may take various forms, including economic ones, and can include investment or other economic benefit brought to Austria. CBI or the Citizenship by Investment program allows overseas individuals to buy real estate in a country and get its citizenship and passport. As part of the Citizenship by investment program, there is a four-tier due diligence process carried out directly by the government to assess candidates comprehensively. Its history is as long and proud as that of any other nation in Europe. The number of these programs is constantly increasing as more and more countries realize the economic advantages of opening their doors to immigrant investors. That is why it is of great importance to get a professional advice at the very beginning, before the main procedure is started. In Austria, Art. Please tick above to confirm funds. Unfortunately there is currently no Citizenship by Investment Austria. Applicants must have a clean criminal record, and the local government conducts extensive criminal checks with INTERPOL, the International Criminal Court, and various other sources and authorities. Significant direct investment is generally required. Programmes start from a minimum $140,000 including costs. Both Paypal, Payeer and credit card companies report their money transfers to tax authorities in their home country. As a citizen of Austria, successful applicants will not be required to pay tax on any income generated from outside of the country. Timframes are approximately up to 18 months. Austria is one of only two countries in Europe that offers citizenship opportunities to foreign and non-EU citizens who make significant financial investments in the Austrian economy. Please note however that there is no clearly defined and predictable path to citizenship through the Austrian “programme”. These funds should be invested in venture capital or innovative business (es) within an industry that is given priority … The program’s rules are vague, and in addition to the large contribution (around €10 million), you need to secure the patronage of a high-ranking local politician who will petition for you before the government. In effect, this type of citizenship allows an individual to become a citizen of a country even if they have never lived there and have no family connections. Real Estate investment Our experienced consultants can help you get a second passport through investment citizenship programs in the following countries: If you have questions about citizenship by investment programs, do not hesitate to click here to contact our experts. Such investments require minimum connection with the country but allow for freedom of travel within the European Schengen zone and ultimately can lead to Permanent Residency (PR) and citizenship. Rather like a Patek Philippe watch or a Bugatti Veyron car, an Austrian passport by virtue of its citizenship by investment program is a status symbol. Citizenship by Investment Austria You search for Citizenship by Investment Austria and would like to get more Information about the existing Programs from Austria. Unlike these countries, in Austria, you won’t find a golden visa program when you make only a passive investment. Asset Protection & International Business, Can You Buy Austrian Citizenship With Absolute Confidentiality, Click Here to Apply For Austria Citizenship. EU Schengen Zone Travel, Belmont House, Belmont Road, Uxbridge, UB8 1HE. Although Austria does not have a formal Citizenship by Investment Program, they can award Austria citizenship to someone who has made an extraordinary contribution to the country. Permanent Residency The cost to obtain an Austrian passport through the citizenship program by investment varies according to type of investment and numbers of dependents. Despite a population of just 8.6 million, Austria is the 12th richest country in the world in terms of GDP per capita, and Austrians enjoy one of the highest standards of living in Europe. Obtaining Austrian citizenship by investment is a quite complicated procedure which requires approval of Austrian government. Not only is a huge contribution necessary, either a donation of several million dollars or a minimum investment of €10 million, but the route to citizenship is long, at two to three years. Austria Citizenship By Investment Requirements T he process of applying for Austria Citizenship by Investment Program is rigorous and requires diligent preparation in order to gather all the information needed. Austria has no such passive investor visa programme but does offer a citizenship by investment option whereby foreign applicants invest actively in the Austrian economy. You must provide your full name and contact email when filling out the application form to generate your invoice. Potential applicants are advised to contact us for individual advice if they are considering this option in Europe. Although the procedure for obtaining citizenship by investment program is relatively simple, it is a very delicate process that requires a meticulous level of focus on the details and structuring of investment. This allows you to use your second passport to open an Offshore Bank Account without having to legally declare it to the tax authorities of your home country. This may take various forms, including economic ones, and can include investment or other economic benefit brought to Austria. 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