benefits of austrian citizenship

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benefits of austrian citizenship

Right of discretion. In general, though, extraordinary economic, scientific, or artistic efforts as well as extraordinary achievement in sport may qualify. The meeting of the general conditions as the first step. by obtaining a foreign citizenship, can regain Austrian citizenship through an application at the competent provincial government (Amt der Landesregierung) directly in Austria (renouncing present citizenship will be required). Immediate Citizenship in Austria The award of Austrian citizenship in accordance with § 10 Section 6 StbG is a privileged naturalization that waives many of the otherwise necessary conditions for naturalization. Citizenship by Investment in Austria. Their family members will also be eligible for the benefits of a European passport / Austrian citizenship. No current prohibition of residence (in Austria or any other EU country) or pending process that would terminate residence at the end of the current residence period. After gaining independence in 1955, Austria has maintained friendly relations with both East and West. People who are descendants of Austrian immigrants might have the right to Austrian citizenship regardless of where they were born or where they live. Citizenship by naturalization: Austrian citizenship can be applied for upon fulfillment of one of the following conditions: Person has lived in Austria for at least 10 years. After the end of World War II the right to citizenship was restored and Jews were given the right to reclaim citizenship through a naturalization process. On the other hand, there are good and less expensive alternatives of EU citizenship. Citizenship by descent: Child is born abroad, one of whose parents is an Austrian citizen. Also, in exceptional cases, Austrian authorities may permit an Austrian citizen who obtains a new citizenship to retain his Austrian one. Another option is Cyprus where investment of 2,500,000 EUR is required for citizenship application. But in case the file is approved you will be asked to renounce American passport. In order for a citizenship application to be successful the level of investment must be in the vicinity of 10,000,000 EUR. A famous example is actor and politician Arnold Schwarzenegger, who naturalised as a US citizen but was granted special permission to retain his Austrian citizenship. 2.) In addition, as an EU citizen you also have the right to live in Switzerland, which is a very attractive place for tax-advantaged residence. Private means. Unless you decide to actually reside in Austria, you are not subject to tax in Austria. Can I apply for an Austrian passport and have dual citizenship? In 2006, Austria brought a new law, the “Niederlassungs-und Aufenthaltsgesetz,” into force. Integrity as demonstrated by not being condemned to a sentence, not having committed any serious crimes, or having a residence prohibition in Austria; The international relations of Austria must not be significantly affected by the applicant’s naturalization. As a result, it does not need to work to try to attract foreign residents and would be at the top of any list of countries that are very demanding when it comes to granting foreign residency or citizenship. This is why we limit the number of applications that we accept at one time and prefer to provide personalized and responsive service. If you have any questions or wish to use our legal assistance in obtaining residence or citizenship of Austria, contact us today, IMPORTANT NOTE: No eviction order within the last 12 months, No close relationship to any extremist or terrorist group, No involuntary loss of previous citizenship. This option is set to expire by April 30, 2014. This permit includes not only the right, but also the duty to work. Austrian citizenship provides numerous rights within the 28 countries of the European Union, the most important of which are: A person with Austrian citizenship can live in any of the 28 countries of the EU without special visas. Austria does not allow dual citizenship, so applicants must give up their current citizenship once they become Austrian. The grant of citizenship is not published and not reported to any other country, as it falls within the Government provisions relating to privacy/official secrets. Dual citizenship is not recognized. The only real difference is that the public employment service has to make a determination as to whether the applicant is a Key Manager or not. Question: My wife and I have been living in Austria for a year now and our first child was born just recently in Austria. Acquisition and loss of Austrian citizenship is based upon the Citizenship law of 1965 as amended. The benefits of having a second nationality go far beyond travel. In Austria it is on case-by-case basis and lawyers lobby the recognition of the applicant’s special economic contribution to the Austrian State. In addition, an Austrian passport has a very good global reputation, thanks to its neutral political position and skillful foreign policy in recent decades. In this article, you’ll learn how to take advantage of this and how to get citizenship by descent as well as a valuable second passport through your ancestry. We value your privacy. Citizenship by investment or by donation: Serious investors in certain cases can apply for Austrian citizenship without preliminary residence requirements and without requirement to renounce their previous citizenship. This kind of permit, usually linked to a special purpose, such as studying, working only for a season of the year, or preparing a special project, is called a “sojourn.” On a “sojourn,” you would not be permitted to stay in Austria permanently and would not quality for citizenship. People who are descendants of Austrian immigrants might have the right to Austrian citizenship regardless of where they were born or where they live. Dual citizens enjoy certain benefits, such as the ability to live and work freely in two countries, own property in both countries, and travel between the countries with relative ease. Through your responses to our simple questionnaire we are able to determine your eligibility, and when possible, we guarantee results. The simple and persuasive reason is that this country offers an excellent quality of life as well as a safe and healthy environment. The process takes approximately six months if all documents are in order and the applicant can meet all other legal requirements. Passports are issued within a few days. Why not get instant access to my very popular e-course - Inside the World of Big Money Asset Protection. Here are some brief examples of achievements that have qualified the applicant for Austrian citizenship: The Austrian citizenship law continues to evolve. The foreigner is not in a relationship with a foreign state that might damage the interests of Austria.

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