Austria is an alluring country, with its capital Vienna consistently receiving accolades for its remarkably high quality of life. This nation offers a unique blend of economic stability, a pristine and secure environment, and an exceptional infrastructure, making it an outstanding destination for those seeking a place to call home.
One of Austria's most enticing features is its vibrant cultural scene. With an abundance of world-class museums, musical festivals, and awe-inspiring architecture, the country is a haven for art and history enthusiasts alike. Its rich heritage and contributions to the world of classical music have earned it a reputation as a cultural hub in Europe.
Beyond its cultural allure, Austria's natural beauty is a sight to behold. From the majestic snow-capped mountains to the serene countryside and picturesque lakes, the landscape offers a diverse range of breathtaking views. Nature lovers and outdoor enthusiasts will find endless opportunities for exploration and adventure amidst Austria's stunning terrain.
For those seeking to establish residence within the European Union, Austria presents an excellent option. The country has a unique practice of offering citizenship and a passport to substantial investors without requiring prior residence. This opportunity is based on a capital contribution to the country, making it an attractive prospect for those seeking a European identity.
Substantial contribution to the Austrian economy
Around 190 destinations, including Canada, Hong Kong, the remaining EU countries, and Europe's Schengen Area, offer visa-free entry or visa-on-arrival travel options.
Varies per application but usually takes 24–36 months
Austria stands out as an exceptional option for establishing residency within the EU, being the sole Western European country that allows citizenship by investment and an EU passport without the need for prior residence
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Travelers enjoy the convenience of visa-free or visa-on-arrival access to 189 destinations, while also gaining the privilege to reside in any other EU country and Switzerland. Austria offers a high quality of life, complemented by outstanding transport and communication systems. With seamless mobility and an array of opportunities, Austria beckons those seeking a vibrant and fulfilling lifestyle in the heart of Europe.
Citizenship by investment in Austria necessitates active investment in the country's economy, such as joint ventures or direct investments creating jobs or boosting exports. Passive investments like government bonds or real estate don't qualify. Applicants must submit standard documents, a clean personal record, comprehensive CV, business background, and impeccable references. Generally, relinquishing current citizenship is required, except under specific provisions where it may be retained.
Obtaining citizenship through a capital contribution involves multiple procedures and government approvals. Proper guidance and preparation are crucial, including obtaining informal approvals from key ministries before starting the formal application process. Glocal Opportunities advises on suitable capital contribution options, liaises with government agencies, and prepares and submits applications. The process includes a thorough background check, and successful applicants can receive full Austrian citizenship and a passport within 24-36 months. The grant of citizenship remains confidential, not disclosed to other countries due to government provisions on privacy and official secrets.
