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While there is no formal Citizenship-by-Investment program in Austria, according to Article 10, Section 6 of the Citizenship Act, the government is permitted to grant citizenship to a foreign national on the basis that they are contributing extraordinary merit to the country.
To apply for Austria Citizenship by Merit, applicants must fulfill ONE of the following significant contributions AND other requirements:
Extraordinary merit can be in the form of direct investments in a local business which is creating jobs and generating tax revenue for the country. As such, passive investments in real estate, government bonds or bank deposits do not qualify. In general terms, the direct investment must be a minimum of EUR 10 million and provide extraordinary merit to the State. In addition, the set-up and running costs of the investment are substantial and typically in the range of EUR 400,000 to EUR 600,000.
Another option that qualifies as an extraordinary merit are donations to various projects that are in the public interest, such as to the arts, education, science or research. This option generally starts from EUR 4 million and it is vital that the donations and resulting public benefit has the support of many different levels of government.
Benefits:
We commence our process with Form 1, which enables us to carry out the initial Latitude due diligence. Subsequently, following the successful screening, we will provide you with a Client Agreement (CA) to review and sign.
Client signs Latitude Client Agreement. Latitude arranges a call with our local Austrian team for a preliminary assessment of the client’s needs, interests and background, to discuss possible endowment projects to be made in Austria.
Local Austrian team establishes the legal entity to accommodate future endowment projects. We start to identify and present suitable capital contribution projects. Client decides to go forward with a first project.
Client decides to go forward with a second project. Regular liaising with key authorities in Austria about both projects. Client visits Austria. We start collecting the required documents and complete the government forms for the preparation of the citizenship application.
Upon positive feedback/informal approval from the Austrian authorities, we finalize the citizenship application and complete a Background Verification report to be included in the application.
Due diligence is performed by the relevant Ministries. Once completed, your citizenship package and an evaluation of your capital contribution project is sent to the Council of Ministers, who meet twice a year.
Upon approval, Client must:
1) Visit Austria for Oath of Allegiance and receive citizenship documents.
2) Finalize third/final capital contribution project.
Austria’s Citizenship by Merit is a special pathway that allows the Austrian government to grant citizenship to individuals who make extraordinary contributions to the nation. Qualifying contributions include:
• Major direct investments that generate jobs and tax revenue.
• Significant donations to public‑interest projects in areas such as the arts, science, education, or research.
Passive investments (e.g., real estate purchases or government bonds) do not qualify. This route is distinct from standard naturalization and is reserved for applicants who demonstrate exceptional value to Austria’s economy, culture, or society.
Austria generally prohibits dual citizenship. However, an exception exists under Article 10, Section 6 of the Austrian Citizenship Act. Successful applicants who obtain Austrian nationality through the Citizenship by Merit route may retain their existing citizenship alongside Austrian citizenship. This exemption applies only to individuals who demonstrate extraordinary contributions to Austria, such as major investments or significant public‑interest support.
Applicants pursuing Austrian citizenship under Article 10, Section 6 of the Citizenship Act should expect:
• Direct business investments starting from approximately €10 million, aimed at creating jobs and generating tax revenue.
• Charitable donations beginning at around €4 million, supporting public‑interest projects such as arts, science, education, or research.
• Operational and professional costs in the range of €400,000–600,000, covering due diligence, legal, and administrative fees.
Passive investments (such as real estate purchases or government bonds) do not qualify under this route.
Obtaining Austrian citizenship does not automatically make you a tax resident. Tax obligations depend on residency status:
• Non‑residents are taxed only on Austrian‑source income.
• Residents (those who relocate to Austria) are taxed on their worldwide income at progressive rates of up to 55%.
• Corporate tax in Austria is currently set at 23%.
This means citizenship alone does not trigger taxation, but moving your primary residence to Austria does.
Yes. Under Article 10, Section 6 of the Austrian Citizenship Act, applicants may include certain family members in their Citizenship by Merit application. Eligible dependents typically include:
• Spouses
• Dependent children under the age of 18
All family members must meet the same eligibility requirements as the main applicant, including a clean criminal record and strong personal references.
Austrian citizenship offers several high‑value benefits for global investors and their families:
• Visa‑free and visa‑on‑arrival access to over 191 destinations worldwide, including the United States, Canada, and most of Europe.
• Lifetime European Union rights, including the freedom to live, work, and study in any EU member state.
• Access to world‑class healthcare and education systems, ensuring long‑term security and opportunity.
• Prestige and credibility of holding one of the most respected passports globally, recognized for its stability and influence.
This combination of mobility, EU privileges, and global recognition makes Austrian citizenship one of the most exclusive options available.
The Latitude Group is a global leader in Residence and Citizenship by Investment. Our IMC-certified professionals are specialists in cross jurisdictional citizenship and residence planning. Moreover, we have more collective invesment migration industry experience than any other international firm.