Australia | CitizenMatch

26,473,055

Population

$66,293

GDP (per capita)

185

Visa-Free Countries

$1.56 trillion

GDP (purchasing power parity)

Australia stands as one of the world’s most prosperous nations, boasting a stellar global reputation. It is a well-developed, diverse country with a remarkably high ranking on the Human Development Index, ensuring its citizens enjoy an exceptional quality of life, economic autonomy, and robust safeguards for their civil liberties and political rights.

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Australia’s immigration system follows an objective, merit-based approach, offering predictable results. To retain their permanent resident status, individuals are required to reside in the country for a minimum of two years within a five-year timeframe or display substantial connections to Australia, often referred to as the “Australia golden visa.” Please note that new applications for the Business Innovation and Investment Program are currently not being accepted. There is anticipation of the introduction of a fresh investor program in 2024.

Program Benefits

Months to Citizenship from

2,000,000

Min Investment Amount (€)

Years to Citizenship (from)*

There are several benefits to the Golden Visa program.

Elevated quality of life
Diverse cultural landscape
Robust political, social, and economic stability
A structured immigration system based on merit with foreseeable results
Attractive lifestyle and healthy environment
Mandatory 10% superannuation or pension contributions mandated for employers

KEY ADVANTAGES

High living standards: Austria’s advanced economy and robust social safety net ensure a high living standard. This encompasses quality healthcare, education, housing, and a balanced work-life.
Central European location: Austria, situated in the heart of Europe, offers easy access to neighboring countries, making it ideal for travelers and business professionals.
Scenic beauty: Austria’s breathtaking alpine landscapes, lakes, and forests provide ample opportunities for outdoor activities like skiing, hiking, and biking.

These criteria can include ‘at time of lodgment’ and ‘at time of decision’ requirements.
All visa subclasses necessitate meeting health, character, and public interest criteria.
Permanent residents must spend a minimum of two years within a five-year period in Australia or demonstrate substantial ties to maintain their residence status.
Good Character: You should be of good character, which includes a clean criminal record.
Integration: You should demonstrate your commitment to Australia and your intention to live in or maintain a close and continuing relationship with Australia.
Personally deliver the mandatory documentation to the Austrian consular or diplomatic representation in their current country of residence.
Secure a special visa at the Austrian embassy upon approval of their residence application. This visa allows them to travel to Austria and collect their residence permit from the appropriate authority.
Knowledge of English: You may need to pass an English language test and a citizenship test. These tests evaluate your knowledge of Australian values, traditions, history, and the English language.
Pledge of Allegiance: Applicants for Australian citizenship are typically required to pledge their allegiance to Australia and its people.

Fees

The fees involved for citizenship by investment in Austria are as follows:

Application fee:

€700

Provincial administrative fee:

€76 – €152 (depending on the province)

Investment:

€3 million

In addition to these fees, applicants may also have to pay other costs, such as:

Translation fees:

€500 – €1,000

Health checks:

€200 – €300

Police certificates:

€50 – €100

The total cost of citizenship by investment in Austria can therefore range from €3.1 million to €3.3 million.

It is important to note that these are just estimates and the actual cost may vary depending on the individual applicant’s circumstances.

FAQs about Dominica & Citizenship by Investment Programme

Is dual citizenship allowed in Austria?

No, Austria does not permit dual citizenship. Applicants for the Austria Golden Visa must renounce their original citizenship to obtain Austrian citizenship.

How powerful is Austria’s passport?

Austria’s passport holds significant strength, granting visa-free access to 189 countries globally. It also allows for visa-free travel within the Schengen Area and the European Union.

Is residence in Austria required for citizenship through investment?

Yes, continuous residence in Austria is a mandatory requirement to become a citizen through investment.

To attain citizenship, proficiency at the A1 level in the German language and a good understanding of Austria’s political system are prerequisites.

Can I bring my family to Austria with the Austria Golden Visa?

Certainly, family members can be included in the Austria Golden Visa application, including spouses and children under the age of 21.

What is the minimum investment required for the Austria Golden Visa?

Specific investment requirements for the Austria Golden Visa vary, ranging from €2 million to €10 million depending on the type of investment.

Will I be subject to taxes in Austria?

Yes, as a legal resident and citizen of Austria, you will be liable for local taxes.

Do I need to speak or learn German to obtain Austrian citizenship?

Yes, to become an Austrian citizen through the golden visa program, you must pass a German language test at the A1 level.

Is it necessary to engage an immigration lawyer for the Austria Golden Visa application?

Yes, it is essential to enlist the services of an immigration lawyer when applying for the Austria Golden Visa. Given the substantial investment involved and the application’s complexity, an experienced immigration lawyer in the Austria Golden Visa process ensures a secure and expedited procedure.

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Disclaimer

The materials contained in this page are provided for general information purposes only and are not intended to provide legal or other professional advice. Processing times and costs will vary depending on a number of factors. CitizenMatch is not responsible for any changes to the time and cost estimates; we can provide specific information on an individual basis. All rights reserved.