Although investors may currently be hesitant about entering the Austrian startup market, its long-standing prosperity ensures that once they grasp the situation and follow the trend, capital and resources will certainly not be an issue. Many locals believe that Austria is the best market for early-stage financing globally, bar none. Naturally, Austria is also a suitable destination for immigration.
Austria's immigration policy is based on a quota system. Once requirements are met, applications can be processed without the need for property purchase or investment. There is only one opportunity to submit an application each year! Requirements for the Austrian quota-based immigration:
Applicants must be 18 years of age or older.
Certificate of no criminal record.
Associate degree or higher, or German A1 language proficiency (if the educational qualification is insufficient, it can be supplemented by language proficiency; choose one of the two).
Proof of bank savings of 45,000 Euros and a six-month bank statement.
As long as the requirements are met and authentic documents are provided, acceptance and successful processing are guaranteed upon securing a quota.