Settlement Permit – Except Gainful Employment

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Settlement Permit – Except Gainful Employment

Golden Visa PR PathwayThis visa can lead to permanent residency, the right to live and work here indefinitely without renewing your visa. Dependents Allowed

At a Glance

Processing Time

1-180 days

Application Fee

218 EUR

Stay Duration

1 year

Renewable

Yes

Job Offer

Not Required

Dependents

Allowed

PR Pathway

Available

Remote Work

Not Required

Overview

For financially independent individuals (e.g., retirees, those living on savings/passive income) who do not intend to work in Austria.

This permit caters to individuals who can support themselves without engaging in gainful employment in Austria. It is highly sought after by retirees and those with significant passive income. Because it is subject to annual quotas, applicants should plan well in advance.

Stay & Extensions

Initial grant	1 year
Extension increments	1 year

Annual Cap & Quota

Subject to annual quotas

Requirements

ELIGIBILITY REQUIREMENTS

Proof of significant financial means (~€2,600+/month)

Comprehensive health insurance

Adequate accommodation

KEY CRITERIA

Education

none or higher

Min. Income

31,365 EUR/yr

REQUIRED DOCUMENTS

Proof of passive income/savings

Health insurance

Proof of accommodation

Criminal record certificate

Advantages & Considerations

Key Benefits

Ideal for retirees
No language requirement

Worth Knowing

Strict prohibition on employment
Subject to annual quotas
High financial threshold
Intention to work
Insufficient financial means
Quota exhaustion

Application Process

Gather financial proof

Submit at embassy

Obtain Visa D

Collect permit in Austria

Application Forms

Federal Ministry of the Interior

Fill online

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