ADVANTAGE AUSTRIA is the international network of the Austrian Federal Economic Chamber (WKO). It has nearly 100 offices in more than 70 countries and aims to connect Austrian companies with global partners. Its work includes supporting foreign investors in the process of establishing themselves in the country, providing information on strategic sectors, trade fairs, and business contacts.
Austria, through the Austrian Business Agency (ABA), complements this work with free consulting for investors and professionals. ABA offers information on residency requirements, investment and employment programs, and location options for startups. This makes the country an attractive gateway for those seeking entrepreneurship in Central Europe.
Regarding immigration, Austria offers the Red-White-Red (RWR) Card, which allows entrepreneurs and professionals from third countries to reside and work in the country. There are categories for key self-employed individuals, which require proof of investment or macroeconomic impact, and for startup founders, which require an innovative plan and minimum capital. After five years of legal residence, it is possible to apply for long-term residency, and citizenship can be obtained in ten years or six in cases of special integration.
One aspect that sets Austria apart is its status as a neutral country. Along with Switzerland, Ireland, Sweden, and Costa Rica, it is part of a small group of states that maintain a recognized policy of neutrality. In this context, being neutral means not joining military alliances such as NATO and committing to not participating in armed conflicts except in self-defense or under United Nations mandates. This policy, established in 1955, allows Austria to play a mediating role and maintain open relations with various international blocs.
Neutrality, combined with a solid social system, quality education, and political stability, makes Austria an attractive destination not only for business, but also for those seeking to establish themselves in a country with a balanced profile and international reach.