Documents for Apply Austria Visa

 

Austrian Residency for Persons of Independent Means Eligibility Criteria

All individuals who are third-country nationals (outside of the EU, EEA, or Switzerland) and can meet the requirements will be eligible for this Austrian residency program. The rights granted through the Persons of Independent Means Residence Program can be availed by:

  • The main applicant
  • The main applicant’s dependants (the spouse of the main applicant and their minor children) if they choose to set up their main residence in Austria.
  • The main applicant’s parents and siblings
  • The spouses parent’s and siblings

The term “children” is meant to refer to the children, including adopted children, of the main applicant. The main applicant’s minor dependants will only receive a residence permit if they choose to set up their main residence in Austria - such as attending school, which is compulsory for minor children who are legal residents of Austria.

 

Austrian Residency for Persons of Independent Means Application Requirements

Conditions that must be satisfied for the application and thereafter are as follows:

Proof of Independent Means

The main applicant must provide proof of sufficient annual income. The Austrian Immigration authorities define the appropriate amount of income as an annual income twice the minimum pension benchmark. Currently, this is equal to:

  • ca. EUR 95,000 for a single applicant;
  • ca. EUR 140,000 for a married couple, and for each minor child which is included in the application an additional amount of ca. EUR 3,700;
  • ca. EUR 165,000 for a family of four.

These funds are a prerequisite for eligibility to the program and must be proved on an annual basis through a recent bank statement - preferably by an Austrian bank, however, an internationally-recognized bank might be accepted too. Alternatively, proof of assets (instead of annual income) might also be negotiated with the authorities. It is important to note that the above numbers are for applications in the year 2021 and do increase slightly from year to year.

 

Proof of Property

The applicant must rent or buy a suitable apartment and provide proof thereof. ‘Suitable’ refers to a property that is suitable/big enough for the family applying under the program. There is no requirement of a minimum value of the apartment. The home can be rented or purchased.

Valid Travel Documents

Austrian Health and Sickness Insurance Policy The insurance policy must cover the main applicant and any of their dependents in respect of all risks according to Austrian law. The health insurance cover must be procured by an insurance company licensed in Austria.

German Language Skills

The main applicant and their dependents (from 14 years onwards) need to prove their German language skills at A1 level. A language test at an accredited institution must be taken within a maximum of 12 months before lodging the application with the authorities. If the applicant holds a university degree or attended high school, we would need the respective degrees or diplomas, as having so can waive the requirement of having an A1 German language certificate.

Due Diligence

A due diligence exercise will be undertaken on the main applicant and their dependants.

 

The application process may be divided into the following stages:

Stage 1 – Proof of Language Skills

In case the applicant holds no university degree, they must attend language courses and obtain an A1 German language certificate.

Stage 2 – Opening of Bank Account

We arrange an appointment at a bank in Austria; the personal attendance of the client is mandatory. In most cases, bank statements from a reputable foreign bank can be provided instead.

Stage 3 – Wiring the Funds

The client shall pay the necessary amount to his Austrian bank account, or set it aside on his foreign bank account.

Stage 4 – Application for Health Insurance

Personal health insurance must be applied for. Your Citizen Lane relationship manager can support this process.

Stage 5 – Renting or Purchasing a Home

A suitable family home must be acquired. Your Citizen Lane relationship manager can support this process. The personal attendance of the client is not mandatory but suggested.

Stage 6 – Preparation of Application Documents

we will prepare the application documents.

Stage 7 – Appointment at the Embassy

The client must attend an interview at the Embassy or Consulate of Austria in his/her country of residence and file the application. A visa fee of EUR 150 per person (in most countries the equivalent in local currency) needs to be paid in cash. The residence permit is usually issued within 3-5 months.

Stage 8 – Application for entry visa

we will prepare the application documents. This visa is typically valid for 90 days.

Stage 9 – Travel to Austria & Pick up of residence permit

Once you have received your entry visa, you have to travel to Austria and pick up your residence permit in person at the local immigration authority.

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