Austria Investment Immigration Programs Overview.
Austria is among the EU countries offering citizenship and a passport to investors without requiring residence in the country. An investment in the Austrian economy is required, such as in a business that creates jobs. An Austrian residence permit allows travel to all Schengen states without a visa and after a minimum of six to 10 years of residence an investor can apply for citizenship depending upon whether such investments provide development and implementation of innovative technologies or creations of jobs.
Application processing time typically is between 24-36 months. Investment should be in the range of 8-10 million euros. Family members can be included in the citizenship application.