Austrian Golden Visa

Residence Permit for financially independent. Without investments. Permanent Residence in 5 years.

How to apply for a Golden Visa

The unique immigration program of the Austrian Government for financially independent clients. No investments in the country economy are required. The Austrian Golden Visa is the BEST immigration option available today in the whole European Union.

The special type of residence permit for financially independent applicants, who are not seeking employment, but rather would relocate and live in Austria. The Austrian Golden Visa is truly unique, as it does not require any kind of investments.

After 5 years, the visa can be converted into a Permanent Residence. The later gives you a citizen-like status in the country.

The number of applications is increasing with each year, but the number of Golden Visas is limited. Each applicant has to prove, that he has enough financial means to live in the country without work. Having millions in the bank would not help in getting a residence if you are not able to explain the source of it.

Each applicant has to demonstrate basic knowledge of German language – the A1 level would be sufficient. It is easy to achieve the A1 level within 2 months, even without prior knowledge of German.

ICIBIS Immigration to Austria options

Content

ICIBIS alternative options

The Golden Visa is for you when

If you answer yes for all 3 points bellow, the Golden Visa is for you.

You do not need a job to have a comfortable living

You can choose to have online counseling (free of charge) or arrange a meeting in the Vienna office (subject to a non-refundable €300 charges). We do an in-depth analysis of your situation and compile a visa roadmap.

You are looking for a stable, safe and comfortable country

You can choose to have online counseling (free of charge) or arrange a meeting in the Vienna office (subject to a non-refundable €300 charges). We do an in-depth analysis of your situation and compile a visa roadmap.

You want to have the best future for your kids without robbing a bank

You can choose to have online counseling (free of charge) or arrange a meeting in the Vienna office (subject to a non-refundable €300 charges). We do an in-depth analysis of your situation and compile a visa roadmap.

Requirements for Austrian Golden Visa

Requirements & Eligibility

Step-by-Step application guide, payment schedule and services overview.
confirmed passive income for golden visa

Confirmed Income

You have to prove to have enough financial means to live in Austria without work.

Bank Statement

Single Applicant €30.000
Family Application €50.000+

Monthly income

Single applicant €1.867
Family application €2.798
Each child €288
German language certificate

German Language

An applicant is required to master the basics of the German – A1 level.

Accepted Certificates

  • ÖSD

  • Goethe Institute

We organize group, individual or online German courses with a final A1 German examination.

Validity

The language certificate must not be older than 2 years.

Golden visa application deadline

Application Deadline

The number of Golden Visas is limited to only 400 to 500 visas per year.

Application date

It is recommended to submit an application in January, as the number of applications exceeds 10 times the number of visas.

It may take up to 2 months to collect all the required documents and prepare your application.

Investment Projects

  • EU Projects (Development & Lease)

  • High-Interest Rate (up to 15%)
  • Golden Visa Eligibility

Learn More
ICIBIS step by step guide

Application Process

Step-by-Step application guide, payment schedule and services overview.
Immigration counseling

1. Start with Immigration Counsel

You can choose to have online counseling (free of charge) or arrange a meeting in the Vienna office (subject to a non-refundable €300 charges). We do an in-depth analysis of your situation and compile a visa roadmap.

Summary:

Online Counselling FREE
On-site Counselling €300
Duration 2 hours
Application for Austrian gold visa

2. Make an Application

To start an application, you would need to fill in the Application Form and submit the following documents:
  • Signed contract

  • Notarized copy of your passport(s)

  • Notarized Power of Attorney

You would need to make a 50% pre-payment for the services, in order to start collecting documents for the Golden Visa. After the payment is cleared, you will be assigned a manager, who will be supervising your case.

Application for Austrian gold visa

3. Collect Required Documents

Your supervisor will provide you with the list and templates of documents, required for the Golden Visa application. You will have the complete guideline, how to legalize and prepare the documents. All the paperwork will be checked by your supervisor. Here is the list of the common documents:

  • Bank statement(s) and income confirmation

  • Birth / Marriage certificates

  • Police Clearance Certificate

Depending on the situation, additional documents might be required. You have to follow the instructions of the supervisor, as some documents have an expiration date.

Summary:

Payment 50%
Duration 1-3 months
Application for Austrian gold visa

4. Rent an Apartment

After the documents are collected, the next step is to rent an apartment. It is quite challenging to find the right apartment for rent from abroad or through the Internet. We assist with finding and renting an apartment for you. The following expenses have to be paid:

  • Makler Service Fees (3-month rents + 20% VAT)

  • Accommodation Deposit (3-month rents)

  • Rent for the 1st month

The rent prices vary on the location and the size of an apartment (from €900 to €1.500 for a 60 sqm apartment). If you do not plan to relocate immediately, after receiving a visa or planning to buy an apartment, we offer an Accommodation Confirmation (service fee €2.750) for you.

Here is an example of payments:

Monthly Rent €900
Deposit (refundable) €2.700
Markler Services €2.160
Total €5.760
Application for Austrian gold visa

5. Open a Bank Account

It is recommended to open a bank account in one of the Austrian banks. The online banking system in Austria is one of the best in the world i.e. all the banking operations (wire transfers, bank statements, etc) could be done online without visiting a bank.

We assist our customers with opening a bank account in one of the Austrian leading banks. You would need to transfer the required funds to your account.

Summary:

Personal visit Required
Duration 30-45 minutes
Service Fee €1.000

Alternatively, it is possible to submit a statement from your local bank and open a bank account after the Golden Visa is granted.

Application for Austrian gold visa

6. Submit Golden Visa Application

All the documents must be scanned and sent to us via email for a review. The paperwork will be thoroughly checked by your supervisor.

The application for a Golden Visa could be submitted any time, there no official deadlines here. Considering that the number of visas is limited, we target the first week of January as the application submission deadline. The application has to be submitted in person i.e. you would have to come to Austria for 3 days. Should you require a visa, we will arrange an invitation for you.

It takes 4 to 8 weeks to process a Golden Visa Application. In some rare cases, the immigration authorities might request additional documents, which may delay the process.

Application for Austrian gold visa

7. Relocate to Austria!

After a positive decision is made, you have 3 months to collect your Golden Visa. The rest of the fees are due and must be paid within 3 working days, but before arriving in Austria.

Before collecting your Golden Visa, we would need to:

  • Make a police registration

  • Make a public insurance

The Golden Visa is granted for one and has to be extended each year. After 5 consecutive years, the Golden Visa could be converted into a Permanent Residence.

Services & Fees

Calculate the price of your Golden Visa
Counselling FREE
Main Applicant €39.500
Spouse €12.500
Dependant (minor child) €1.500
Accommodation Confirmation €2.750
Bank Account Opening €1.000
Start Application
ICIBIS alternative options

Alternative Options

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