🌍 Nomad Watch The Nomad Research Database
guest Login
📋 visas 🛂 passports 🏛 embassies 💰 taxes
🔥 hubs 💼 jobs 📅 events 👥 groups 💬 forum
🔧 tools 🌤 best time 📈 studio
🔍 SEARCH
📊 SITE STATS
Cities:3,230
Countries:250
Avg Score:5.7
Avg Cost:$2,871/mo
Active Jobs:0
Members:117
Topics:1
🏠 OVERVIEW
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.

Source