FAQs

Austria Citizenship by Investment

The following are the most frequently asked questions on residence and international citizenships. Please keep in mind that the requirements may vary as per different countries and only the general questions are answered below. If you have any questions, which need clarification, please do not hesitate to contact us.

What are the advantages of Austria citizenship?

  1. Austria is an excellent country with high standards of living.
  2. Visa free travel to over 150 countries, including EU, UK, Canada, USA
  3. Citizenship for family members.
  4. Directly apply for citizenship without any prior residency requirements.
  5. Entitles you EU citizenship- live and work anywhere in Europe.
  6. Lifetime and irrevocable citizenship.

Why is it that acquiring citizenship and passport, legal means are so expensive, when there are ways to get second passports at cheaper prices?

We ask you not to fall into various online scams where second passports are sold relatively cheap and these are obtained by illegal and unscrupulous means and it carries a big risk when you travel. You could be deported or even be jailed, and we strongly advise you not to take such routes.

The best way is to legally get it done, in proper way with the approval of the Govt. You can “legally” qualify for citizenship and passport through a “economic citizenship by investment” programs offered by various governments and it certainly doesn’t come cheap and there is a long list of government formalities and paperwork need to worked out!

This is the specific reason why, at present, we are only able to assist high net worth individuals, wealthy families and business investors.

Our established team of lawyers and citizenship planning specialists, work closely providing advice to various governments on economic citizenship programs and citizenship planning.

What is the minimum investment needed?

We require a minimum investment of

EUR 2 million  (charity donation )

or

A recoverable investment of US$ 10 million+ needs to be invested in activity bringing “economic benefits” in austria.

In addition to the investment amount, the additional costs of EUR 400,000 to EUR 600,000 apply.  Passive investments such as government bonds, real estate, etc. generally do not qualify under citizenship provisions.

What is the time frame and how long it takes for processing?

The entire procedure takes 12-18 months. As soon as your citizenship application is approved, you can apply for Austrian passport. Family members such as spouse and children under 18yrs can be included in the citizenship application. Adults over 18yrs require separate application.

Is a personal visit to Austria required?

yes, A personal visit to Austria is required to complete the formalities with the Govt authorities.

We encourage our clients to make personal visit for initial consultation. At present, we can arrange meetings in Dubai, London, Zurich and Vienna. Please contact us for appointments or specify where you want meetings in your online application.

Are there any restrictions on who can apply?

If you are citizen of Afghanistan, you cannot apply for this program. Besides this, there are no restrictions and anybody can apply.

On what grounds could my citizenship application be refused?

If applicant has a criminal record, a tainted reputation or unable to pass the due diligence clearance ,the Government may reject the citizenship application.  Sometimes, in very rare cases, the Govt refuse citing national security. Please note that granting citizenship is at the sole discretion of the Austria Government.

What is your refund policy, should the citizenship application be denied?

Refunds are possible minus application and other service charges along with your investment amount , should your application be refused by the government. We draft clear agreements on applicable fees and refund policy with our clients.

Do you offer residence and citizenship programs in any other countries?

We do assist our clients with residence programs in St.Kitts, Belgium, Austria.  We also assist very wealthy clients with St.Kitts Citizenship (minimum USD 250,000). For more information, please visit http://www.best-citizenships.com