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🇦🇹 Austria

Start-Up Founders Visa

Red-White-Red Card for Start-Up Founders targets entrepreneurs developing innovative products, services, or technologies that benefit the Austrian economy. Applicants must present a viable business concept involving innovation and demonstrate sufficient funding. The visa permits living and working in Austria for up to 2 years, with the option of a 3-year extension. Start-ups must develop products or services that are innovative and contribute to the Austrian economy. Access to Austria's strong start-up ecosystem, particularly in Vienna, with incubators, accelerators, and government support programs.

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Processing Time

8-16 weeks

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Cost

€160 application fee

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Duration

Up to 2 years

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Work Rights

Self-employment in approved start-up activity

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Renewability

Extendable for 3 additional years

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Path to Permanent Residence

Yes

Requirements

  • 1Innovative product, service, or technology concept
  • 2Business plan demonstrating economic benefit to Austria
  • 3Proof of sufficient funding/investment capital
  • 4Health insurance coverage
  • 5Clean criminal record
  • 6Proof of accommodation

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