BCAUN · Setup & Relocation · Relocation & residence

A permit for the people behind the company.

Residence in Austria for founders, investors and financially independent individuals — the Red-White-Red Card and the quota-based settlement permit — arranged in the right order with the company, so the structure and the people are solved together, not one after the other.

No golden visaReal substance, not purchase
Quota-basedFirst-come, once a year
German A1Language element
5 yearsTo permanent residence
Read this first

Austria does not sell residence. It grants it.

There is no Austrian golden visa and no citizenship-by-investment programme in the ordinary sense. You cannot buy a permit; you qualify for one — by running a real business, by bringing genuine economic benefit, or by proving you can support yourself without working in the country. That is a feature, not an obstacle: an Austrian residence stands up to scrutiny at a bank, a border and a tax office in a way that a purchased status does not.

It also means two things decide most cases before the paperwork does: which route genuinely fits you, and timing. The most attractive route for private wealth is capped by an annual quota and allocated first-come, first-served in the first working days of the year. Prepare late and the honest answer is: wait twelve months.

The timing trap

The financially-independent quota is small and demand vastly exceeds it — in 2025 the nationwide allotment was gone within hours of opening. The application file has to be complete before the window, not during it.

Three routes

The realistic paths for founders, investors and private wealth

These are the routes we actually work with. Each answers a different question — are you building a company, investing in one, or moving your life to Austria without working here.

Red-White-Red Card

Start-up founders

For founders building an innovative company in Austria
  • The company must be an innovative enrichment of the Austrian economy
  • Business plan and a genuine founding role assessed
  • Points-based eligibility (funding, qualifications, idea)
  • Entitles you to self-employment and settlement
Issued up to 24 months → settlement permit
Red-White-Red Card

Self-employed key workers

For investors and entrepreneurs with economic weight
  • The public employment service (AMS) assesses macroeconomic benefit
  • Transfer of investment capital, and jobs created or secured
  • Suited to substantial investment into an Austrian business
  • Entitles you to the described self-employed activity
Issued up to 24 months → settlement permit
Settlement permit · §44 NAG

Financially independent persons

For private wealth relocating without working in Austria
  • Live in Austria; no gainful employment on this permit
  • Stable recurring income well above the subsistence rate
  • Comprehensive private health insurance and Austrian accommodation
  • Quota-based — the timing route, not a paperwork route
Quota, annual → renewable → permanent residence
The private-wealth route in detail

The financially-independent settlement permit, step by step

Niederlassungsbewilligung – ausgenommen Erwerbstätigkeit. The most relevant route for relocating private wealth — and the one where timing, not documents, decides the year you actually move.

01

Build the file before the window

Income evidence, private health insurance, Austrian accommodation and the German-language element are assembled in advance. This is the work that has to be finished early.

02

Secure the quota slot

Appointment booking / pre-registration opens the preceding autumn; applications are lodged at the Austrian representation on the first working days of the year, first-come, first-served. Miss it and the next chance is a year away.

03

Application and assessment

The authority reviews sustainable means of subsistence, insurance, accommodation and the language element. A place within the annual quota must still be available when your file is decided.

04

Residence, then renewal

The permit lets you live in Austria but not work here. It is renewed on continuing to meet the conditions — income, insurance, accommodation and the German-language step at renewal.

05

Toward permanence

After five years of continuous lawful settlement you can generally move to long-term residence (Daueraufenthalt – EU). Citizenship is a separate, much longer question.

What you must evidence

The four things a financially-independent file has to prove

Exact figures are set every year and are checked against your household size. Treat the numbers here as orientation and confirm the current thresholds when you apply.

Income

Stable recurring means — set high on purpose

Because you may not earn in Austria on this permit, the required income sits well above the ordinary subsistence rate. As a rule of thumb a couple should expect to evidence several thousand euros of reliable monthly income, with a margin added per child. Pensions, investment income and other durable sources count where they are demonstrably stable.

Health insurance

Comprehensive private cover

Public health insurance in Austria is tied to employment, so this route needs comprehensive private insurance meeting EU-wide standards for the whole household.

Accommodation

Adequate Austrian housing

Owned or rented accommodation in Austria that is considered adequate for the household — a genuine local address, not a mailbox.

Language

German at A1 (CEFR)

A basic German-language element applies, with the exact timing depending on the permit and whether it is a first application or a renewal. It is modest, but it is real — start early.

Family & sequencing

The two things that most often go wrong

FAMILY

Every person needs their own place

Family members are not free riders on the main applicant's status. On the quota routes, each person generally occupies a quota place, and the income and insurance thresholds rise with household size. A family of four is a different plan — and a different quota exposure — from a single applicant, and it has to be modelled that way from the start.

SEQUENCING

The permit and the company interact

If you are founding or investing, the legal form, the shareholding and the residence route pull on each other: a Red-White-Red founder route depends on the company case; the financially-independent route depends on not working in it. Deciding the entity before the permit — or the reverse — is the single most common source of rework in this practice. We map both together.

Building the company as well? See company formation and the full Setup & Relocation hub.

How we work

What we own — and what we coordinate

We own
  • Choosing the route that genuinely fits you and the family
  • Sequencing residence with the company and structure
  • Assembling the file before the quota window, not during it
  • Local coordination in proper German, on the ground in Austria
We coordinate, not replace
  • The immigration lawyer who files and represents you
  • Consular appointment booking and the quota application
  • Tax residence analysis with your tax adviser
  • Health-insurance and accommodation providers
Information, not legal advice. Austrian residence law and its annual quotas, income thresholds and language rules change from year to year and depend on your nationality, household and circumstances. Everything above is general orientation. We are not immigration lawyers; we scope the route and coordinate the specialists who file it. Confirm the current requirements with the competent Austrian authority or a qualified adviser before acting.
Start here · low risk

Find the route that fits — and start the file before the window opens.

Tell us the family, the source and shape of your income, whether you intend to run a business in Austria, and your timing. In one working session we identify the realistic route, the quota exposure and the sequence — and the specialists to bring in.