Austria citizenship by investment

What countries allow citizenship by investment? What is citizenship by investment? Such an investment must be significant, contribute to the economy and create jobs. The investment is typically a minimum of €million if injected directly into a business or €million as a contribution to the government development fund. Recently Vienna has been rated as the most livable city in the world.

The foreign investor must make an extraordinary contribution alongside their investment , such as bringing new technologies to the country or creating a substantial number of new jobs. See full list on henleyglobal. Significant direct investment is generally required.

Passive investments in government bonds, real estate, for example, do not qualify. In addition to standard documentary requirements (such as passports, birth, and marriage certificates), a completely clean personal record (certificate of no criminal record), a comprehensive CV, and business background information, as well as impeccable references must be provided by all applicants. The grant of citizenship on the basis of a capital contribution involves various procedures and requires government approval at several levels. It is therefore essential that the applicant is properly advised from the beginning, that each individual case is carefully prepare and that informal approvals from the key ministries are obtained before the investment is made and the formal application process is started.

The procedure involves a thorough background check. The average time frame for an application is 24–months. It is without a doubt among the best travel documents in the world. However, great care has been taken to provide the best possible safeguards for persons entering the application process.

Holders of the passport can travel visa free to many countries, including Schengen countries and the US. The investment per se does not guarantee obtaining the citizenship , and the grant is at the sole discretion of the Government. The program’s rules are vague, and in addition to the large contribution (around €million), you need to secure the patronage of a high-ranking local politician who will petition for you before the government. It is a highly stable, private, well-respected European Union country with a sterling reputation.

Depending on the country, there are specific requirements for the investment you can make, and different benefits associated with the passport you acquire. Procedure and Timeframes. Reduced fees are payable for children under 18. The investment is possible in an existing business or establishment of new companies capable of providing jobs or increase exports sales.

Citizenship - by-Investment : Get Started Now. 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. Discover the world through the Australia citizenship by investment - we offer the best route to an Australia citizenship. Australia offers a permanent residency and potential citizenship route to the investor. Austria does not operate a residency or citizenship by passive investment.

However, the government can reward foreign individuals with Austrian citizenship in the event of extraordinary contributions to the Austrian economy, such as creating new technologies or investing in joint ventures that create a substantial number of new jobs or generate. 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. A substantial investment will provide an investor with the opportunity to obtain Austrian citizenship and an EU passport without prior residency requirements. Austria is the gold standard of the second passport and citizenship by investment programs.

If money is no object, this is the passport to buy. It’s the most valuable passport available for purchase, the best EA passport, and offers visa-free travel to 1countries. Whether you are eligible or not is determined by the government of the day.

This can be a donation, an investment as well as something else such as job creation. Currently the CBI industry is estimated to be worth $billion annually. Learn all the information that you will need about the Austria citizenship by investment program.

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. Looking to obtain eventual Hungarian citizenship by investment ?