Minimum income
$2,930/mo
EUR 2,548 a month
Stay
12
months, renewable
Application fee
$319
Tax
Worldwide
Progressive income tax 0-55%
Path to staying
- Residence permit12 months
- Renew12 months at a time
- Permanent residencyafter 5 years
- Citizenshipafter 10 years
- Permanent residency 5 years
- Citizenship 10 years
- Dual citizenship not allowed
- Language required for citizenship B1
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
- Minimum age 18+
- Criminal record check required
- Health check not required
- Health insurance required
Work rights
- Employment not allowed
- Self-employment not allowed
- Own a business not allowed
- Work permit included no
Family and dependents
- Dependents allowed
- Yes
- Spouse included
- Yes
- Max child age
- 18
- Parents allowed
- No
- Extra per dependent
- $452
Benefits and mobility
- Schengen access
- Bank account can open
- Property purchase allowed
- Public healthcare access granted
- Must be primary residence required
Tax
- Tax regime
- Worldwide
- Regime name
- Progressive income tax 0-55%
- Foreign income taxed
- Yes
- Capital gains taxed
- Yes
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.