Where to buy Austria passport

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Citizenship For Extraordinary Merit

 

Under the Art 10. (6) of the Austrian Citizenship Act, Austrian Government may grant citizenship to foreign nationals in the case of extraordinary merit on a case-by-case basis.

 

The Act is aimed at high net-worth individuals who are willing to make investments that bring economic benefit to the country, such as an active business providing technology innovation, creating new jobs or contributing to the country’s foreign trade, or a donation to a relevant public project.

 

The investment per se does not guarantee obtaining the citizenship, and the grant is at the sole discretion of the Government.

Investment

Active Business Investment Or Public Project Donation

To qualify, the investment should be in an active business or a donation to a public project, contributing significantly to the country’s economy. Therefore, passive investments such as Government bonds, financial instruments or real estate do not qualify.

 

Qualifying investments usually amount from €800,000 to €10 million. They can take the form of a joint venture, direct investment in an active business that creates jobs significantly or introduces science and research or innovation technologies to Austria. It could also be a donation to a relevant public project.

 

Furthermore, the foreign national must have a significant influence over an entity with a strong economic performance and international reputation.

 

Spouse and children up to 18 years old can be included in the citizenship application. Children above 18 years old would require filing a separate application.

Requirements

– Solid Financial and Business Background.

– CV including excellent references.

– Approved investment and business by the Government.

Restricted Nationalities

No nationality is officially restricted

Dual Citizenship

Austria’s Citizenship Act does not recognize dual citizenship. However, an individual who has been granted Austrian citizenship under the provision of Art.10 (6) of the Citizenship Act, may not be required to renounce his or her previous citizenship.

 

Documents Required

Original Professional Reference Letter (Not older than 6 month)

Certified copy of ID Card

Certified copy of passport

Medical Certificate

Original Police Clearance Certificate

University diploma

Photograph and Signature Certificate

Original Bank Reference Letter (Not older than 6 month)

Six passport-size photos

Documents certifying Business Investment

Original or Certified copy of Birth Certificate (if applicable)

Original or Certified copy of Marriage Certificate (if applicable)

Statement of Source of Funds

Evidence of Business Background

Certified copy of Business License or Incorporation documents

Curriculum Vitae