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Austria · Work visa
Red-White-Red Card - Self-Employed Key Workers
- Processing
- 10-14 weeks
- Cost
- From €160
- Validity
- 24 months
Route for non-EU nationals whose business will benefit Austria through capital, employment or regional economic activity.
Requirements
- Business offering high added value or macroeconomic benefit to Austria
- Sustained transfer of investment capital of at least EUR 100,000, or creation/securing of jobs
- Applicant plays an active role in the business
- Evidence the venture benefits the wider Austrian economy
Time and cost
- Processing time
- 10-14 weeks
- Validity
- 24 months (renewable)
- Cost
From €160
Required
- About €160 application, issuance and card fees
- The committed capital of EUR 100,000 or more comes on top of the fees
- Path to residency
- Red-White-Red Card Plus after 24 months; permanent settlement after 5 years
Documents
Valid passport
Valid for the intended stay
Business plan
Setting out the economic benefit and financing
Proof of investment capital
Evidence of at least EUR 100,000 available
Company registration documents (if it applies)
Where the entity is already formed
Health insurance
Covering all risks in Austria
Tips
- Assessment focuses on jobs created, capital transferred and regional impact
- Document the EUR 100,000 investment or the number of jobs the business will create
- Regional economic-development bodies may be consulted on the benefit test