Austria Austria Settlement Permit (Gainful Employment Excepted) — Residency Program
🏠 OVERVIEW
Country
🇦🇹 Austria
Program
Austria Settlement Permit (Gainful Employment Excepted)
Local Name
Niederlassungsbewilligung - ausgenommen Erwerbstätigkeit
Type
Passive income
Status
Active
Initial Duration
12 months
Renewable
Yes
(12 mo)
Min Stay
183 days
per 12 months
Quota-limited settlement permit for financially independent third-country nationals who can support themselves without working in Austria.
💰 FINANCIAL REQUIREMENTS
Income Requirement
EUR 2,548/mo
(~$2,930 USD)
Pension Requirement
$2,930/mo
Application Fee
$319
📋 ELIGIBILITY
Min Age
18+
Criminal Record Check
Required
Health Check
Not required
Health Insurance
Required
💼 WORK RIGHTS
Employment
Not allowed
Self-Employment
Not allowed
Own Business
Not allowed
Work Permit Included
No
👨👩👧 FAMILY & DEPENDENTS
Dependents Allowed
Yes
Spouse Included
Yes
Max Child Age
18
Parents Allowed
No
Extra per Dependent
$452
💰 TAX DETAILS
Tax Regime
Worldwide
Regime Name
Progressive income tax 0-55%
Foreign Income Taxed
Yes
Capital Gains Taxed
Yes
🏆 PATH FORWARD
Permanent Residency
Yes
Years to PR
5 years
Dual Citizenship
Not allowed
Citizenship
Yes
Years to Citizenship
10 years
Language Required
B1
🌍 BENEFITS & MOBILITY
Schengen Access
Yes
Bank Account
Can open
Property Purchase
Allowed
Public Healthcare
Access granted
Primary Residence
Required
📝 HOW TO APPLY
Method
consulate
Processing Time
90–180 days
Apply from Abroad
Yes
📝 NOTES
Quota places are limited and assigned first come, first served. No gainful employment is allowed. 2025 official income rates are twice the ASVG reference rates: EUR 2,547.98 single, EUR 4,019.70 couple, plus EUR 393.14 per child.