Austria Self-Employed Visa

What is the Austria Self-Employed Visa?

The term “Austria Self-Employed Visa” typically refers to the Red-White-Red Card, a residence permit that allows qualified third-country nationals to settle and work in Austria on a self-employed basis. It is a points-based system designed to attract individuals who can bring significant economic benefits to Austria, such as creating jobs, introducing new technologies, or investing substantial capital. There are two main categories under this scheme for self-employed individuals:

• Start-up Founders: For those who wish to establish a new, innovative company in Austria.
• Self-Employed Key Workers: For individuals whose self-employed activity creates a macroeconomic benefit that extends beyond their own business.

Eligibility and Key Requirements (Points-Based System)

Both categories of the Red-White-Red Card for self-employment operate on a points system. Applicants must achieve a minimum score of 50 points based on several criteria to be considered eligible.

1. For Start-up Founders:

In addition to the points-based system, you must:

• Have a consistent business plan for establishing and running an innovative company.
• Prove investment capital of at least €50,000 with an equity share of at least 50%.
• Have a controlling influence on the management of the new company.
• Score a minimum of 50 points from the following criteria:
  • Qualifications: Points for university degrees or vocational training.
  • Work Experience: Points for relevant professional experience.
  • Language Skills: Points for proficiency in German (A2, B1, B2, C1) or English (B2).
  • Age: Bonus points for being 35 years of age or younger.

2. For Self-Employed Key Workers:

This category is for established professionals whose business activity will have a significant positive impact on the Austrian economy. Your occupation must fulfill at least one of the following criteria:

• Involve a sustained transfer of investment capital to Austria of at least €100,000.
• Create new jobs or secure existing jobs in Austria.
• Involve the transfer of know-how or the introduction of new technologies.
• Be of considerable significance for the entire region.

The Application Process: Step-by-Step

The application for the Red-White-Red Card is a formal process that requires meticulous preparation.

1. Gather Documents: Collect all required personal documents (passport, birth certificate, etc.) and professional documents (business plan, proof of funds, CV, etc.). All foreign documents must be translated into German and, if required, apostilled or legalized.
2. Submit Application: Applications are generally submitted to the Austrian embassy or consulate in your country of residence. In some cases, a local authority in Austria (e.g., the Provincial Governor) can accept the application if you are legally in the country on another visa.
3. Processing: The application is reviewed by the regional authority and the Public Employment Service (AMS). The processing time can vary but typically takes up to eight weeks.
4. Visa D & Entry: Once the Red-White-Red Card is approved, you will be issued a Type-D visa to enter Austria.
5. Collect Permit: Upon arrival, you must report to the local authority to provide fingerprints and collect your Red-White-Red Card, which is a credit card-sized residence permit.

Key Information at a Glance

This table provides a quick overview of the essential details of the Austria Self-Employed Visa.

The Red-White-Red Card offers a clear and structured path to self-employment in Austria. The points-based system ensures that the country attracts talented individuals who can contribute significantly to its economic landscape.

Disclaimer: This article provides general information and is not legal advice. Visa regulations and requirements can change. It is crucial to consult the official websites of the Austrian government or the nearest Austrian consular authority for the most accurate and up-to-date information before applying.