Austria, is considered as one of the wealthiest and most stable countries in Europe. The country has a rich history and culture and its capital, Vienna, is regarded as one of the most livable cities in the world. According to Art. 10 (6) of the Austrian Citizenship Act, the government can reward foreign persons with citizenships and passports in the event of extraordinary merit, such as a substantial economic contribution to the country. The Austrian passport is in fact one of the best travel documents world-wide. With the status of an Austrian and EU citizen, successful applicants can enjoy the benefits of visa-free access to 186 countries, and the right to live, work, and study in any country of the European Union.
Official Name: Republic of Austria
Region: Central Europe, north of Italy and Slovenia
Official Language: German
Surface Area: 83,871 km2
Population: 8,793,370 inhabitants (July 2018 est.)
GDP: $441 billion (2017 est.)
GDP per Capita: $50,000 (2017 est.)
Member of European Union: yes, since 1995
Member of Schengen-Area: yes, since 1997
Henley Passport Index: Ranked 5th with 186 destinations visa -free access
Full citizenship and passport for life are granted to the applicant and family dependants (spouse and children up to 18 years of age)
Citizenship can be passed on to future generations by descent
Settlement rights in all the EU member countries and Switzerland
Freedom of work and study in the EU
No prior residence requirements
Visa-Free travel access to 186 countries including EU, United States, United Kingdom, Singapore, Hong Kong, United Arab Emirates, and other countries
Access to investment and business opportunities in the EU
Austria is an attractive place as it has an excellent quality of life and a stable political system
Important Points to Consider
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.
Generally, the Austrian Citizenship Act does not allow dual citizenship, therefore the country will require a renouncement of the current citizenship as a requirement to award the Austrian citizenship. However, in the case that the applicant obtained the Austrian citizenship under the citizenship-by-investment program, the prior citizenship can be still held.
Once the applicant has obtained an Austrian citizenship via this route, a further citizenship cannot be acquired without losing the Austrian citizenship. In extraordinary cases, a special permission may be obtained to remain an Austrian citizen.
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