• Home
  • Country Index
  • About US
  • Contact

Immigration World

The World Has No Boundaries

  • Canada
  • Dubai
  • France
  • India
  • Italy
  • Sweden
  • UK
  • USA
  • etc
  • Country Index

Home » Austria » How To Get A Red-White-Red Card As An Entrepreneur In Austria

How To Get A Red-White-Red Card As An Entrepreneur In Austria

August 23, 2022 by Filter Coffee

Can you get an entrepreneur visa to Austria? How to apply for a red-white-red card and become an Austria-based entrepreneur? Read on to know more.

Austria is a welcoming country and a great place in Europe to establish a business. With the government opening up the economy to foreign participation, a start-up visa has become a popular option for people immigrating to Austria. The visa is considered one of the fastest and easiest to get in Europe.

A Red-White-Red card is valid for up to 24 months from the date of issue and entitles the applicant to a fixed-term settlement. The applicant’s spouse and dependent children can apply for a Red-White-Red Card plus.

Read: Different Types Of Visas To Austria

Red-White-Red Card

Austria Red-White-Red Card Eligibility

To be eligible for a Red-White-Red Card as a start-up founder, you must meet the following criteria:

  • Establish a business developing and launching innovative products/services
  • Have a strong business plan
  • Have invested at least € 50.000 for at least 50% equity share
  • Score a minimum of 50 points on the evaluation scale.

Read: Ways To Immigrate To Austria

Austria Red-White-Red Card Evaluation Scale

  • Qualifications (max points: 30)
Vocational training/education or special skills required for the prospective business20
Completion of a 3-year course at a tertiary education institute20
Bachelor/Master/Doctor’s degree or diploma or vocational training in Austria30
  • Work experience (max points: 10)

Applicants get 2 points for every year of work experience according to their qualifications.

  • Language skills (max points: 15)
A2 level German5
B1-B2 level German10
B2 level English10
C1-C2 level German15
  • Bonus (max points: 30)
Evidence of having more than the minimum € 50.000 investment capital10
Admission to an incubator or being funded by a start-up funding agency10
Being less than 35 years old10

Austria Red-White-Red Card Documents Required

The main documents required to apply for a start-up visa to Austria are:

  • Valid passport
  • Birth certificate
  • Proof of health insurance
  • Proof of having enough assets, and investment capital to support oneself
  • Proof of relevant educational/ vocational training
  • Proof of having special skills in terms of work certificates or training reports
  • Proof of having completed a tertiary education program of at least 3 years
  • Copy of relevant diploma/ Bachelors/Masters/Doctor’s degrees
  • Evidence of work experience
  • Evidence of German/English language skills
  • Evidence of the innovative nature of the product/ service
  • Proof of having a controlling interest in the new company
  • Craft authorization if required

The originals and a copy of all the above documents must be made available. If the originals are not in English or German, a certified translation must be made available.

Filing The Application For Austria Startup Visa

The application for a Red-White-Red Card must be lodged personally with the Austrian embassy or Austrian consulate in your country of residence.

The application and supporting documents will be forwarded to the Public Employment Service (Arbeitsmarktservice, AMS). Within the next 3 weeks, the AMS will issue an expertise certificate on the macroeconomic benefit of the intended business. If certain conditions are met, the AMS will send a positive opinion to the embassy or consulate. A Red-White-Red card will then be issued to the applicant.

Fees Payable For A Red-White-Red Card

  • Application: € 120
  • Granting: € 20
  • Add-on Costs (fingerprints, photography scan and signature): € 20

What Happens After 2 Years?

A Red-White-Red Card is valid for 24 months. Subsequently, if all the legal requirements are ticked off, a Red-White-Red Card plus will be issued. This entitles you to unlimited access to the labor market for self-employment or gainful employment of any other kind and a fixed-term settlement.

Also Read

  • 16 Countries Offering Citizenship Through Investment
  • Everything You Need to Know About the EU Blue Card
  • European Travel Information And Authorization System Or ETIAS
×

Filed Under: Austria Tagged With: immigrate to, startup visa

Follow US

Recent Posts

  • Thailand Smart Visa -The Visa You Need to Set Up a Business in Thailand
  • Live And Work In The UK Using The UK-India Young Professionals Scheme
  • How To Apply For Australia’s Global Talent Visa Program
  • How To Get An Estonian Startup Visa
  • 5 Employment-Based Immigrant Visa Preference Categories For The American Green Card

Top Posts & Pages

  • 9 Countries Indians Can Easily Get Permanent Residency
  • OCI Card For Infants - How To Apply For An Child’s OCI Card
  • Indian Students Studying Abroad – The Latest Statistics
  • Tax Filing In Germany For International Students – Do All International Students Need To File Tax?
  • Ways to Migrate to Singapore
  • Top 10 Countries Where You Can Immigrate and Settle Easily
  • 10 Countries To Get PR Visa Easily
  • German Visa Types And Why Do You Need Them
  • List Of Countries Indians Can Visit With A US Visa
  • 5 Tips for International Students To Identify A Fake University In The USA

Tags

Australian citizenship Australian student visa Canada Immigration Canada student visa citizenship citizenship test Coronavirus cost of living EB5 visa Green Cards H1B Visa H1B visa Policy H4 visa immigrate to immigration and settlement Indian e-visa indian immigrants indian students Indian Visa International Students investor visa Migrate to no visa travel passports Permanent Residency Schengen Visa startup visa Student Visa Study in USA Tax Filing For International Students tourist visa travel ban travel tips UK immigration UK Student Visa UK Visa USA Green Card usa immigration USA student visa USA Visa US citizenship US immigration US work permit work permit For H4 visa work visa
Feedback | Disclaimer
Copyright © 2023 immigrationworld.com.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
SettingsAccept
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
 

Loading Comments...