Obtaining residence permit in Austria

Description

At the current moment Austria is one of the most attractive countries for living in the world. Ideal combination of economic stability, pure and safe environment and perfect infrastructure make it an attractive place for living and give an opportunity to become the state resident with minimum bureaucratic requirements.

Austrian residence permit gives the right for free movement within the West European states (the states of the Schengen zone and Switzerland also).

Austrian legislation provides with several opportunities to obtain residence permit:

Residence permit and work permit for “key employees”

For obtaining residence permit for the category “key employee” it’s necessary for you to be appointed as a manager or leading employee of a company located in Austria, to get salary not less than EUR 2700 per month, to pay taxes and all the compulsory social payments. Spouse and children up to 18 can be included in application and considered at the same time.

Also it’s necessary to own real estate or rent property to submit to magistrate the copy of rent contract or certificate of ownership.

Residence permit is given for 1 year and it has to be renewed annually.

Residence permit is for financially independent persons.

For the category financially independent persons the key criteria are enough money funds that must be demonstrated with the reference from the Austrian bank or from the bank that has world status; permanent real estate for living in Austria (your own or rented) and medical insurance that provides full cover in the territory of Austria. Spouse and children up to 18 can be also included in application.

Also it’s necessary to own real estate or rent real estate to submit to magistrate the copy of rent contract or certificate of ownership.

Residence permit is renewed annually.