Austria

About ROI (Return on Investment) in Austria

Austria is a stable and safe market for real estate investments. The average return on investment (ROI) in the capital city of Vienna is between 3-4% per year for residential real estate, which makes it attractive for long-term investment. Vienna, with its historic center and strong demand for real estate, provides a certain return.

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Health care

Austria boasts one of the best healthcare systems in Europe. Health care is mainly financed by health insurance, which is mandatory for all residents and workers. Austrian hospitals and clinics are known for their top doctors and facilities. Health care is widely available and foreign nationals who have a residence permit can access these services through compulsory insurance.

Education

Austria offers quality education at all levels, from public schools to world-class universities. For foreign investors and expats, international schools such as the Vienna International School are available in Austria, which provide instruction in English and offer programs such as the International Baccalaureate (IB). The universities of Vienna are among the most prestigious educational institutions in Europe, especially in the fields of science, economics and art.

Visa

As a member of the European Union, Austria allows EU citizens to enter and stay without the need for a visa. There are several visa options for non-EU citizens, including long-term visas for investors and entrepreneurs, which grant the right to reside and do business in Austria.

About Austria and life in Austria

Austria is known for its beautiful nature, high quality of life and cultural wealth. Vienna has repeatedly been voted one of the cities with the highest quality of life in the world. In addition to the dynamic metropolis of Vienna, Austria offers picturesque cities such as Salzburg, Graz and Innsbruck, which are known for their historic centers and friendly environment. Austria is also a popular destination for winter sports lovers, thanks to its famous ski resorts in the Alps.

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Taxes and prices

The tax system in Austria is relatively favorable for real estate investors. Income tax for natural persons ranges from 25% to 55% depending on the amount of income, while legal entities pay an income tax of 25%. Real estate sales tax is usually 3.5% of the transaction value and cadastral registration is charged at 1.1%. Property prices in Vienna average € 4,500-€8,000 per square meter depending on location, while cities such as Salzburg and Innsbruck are slightly lower but just as stable.