Privatier Permit

Settlement permit for financially independent third-country nationals

The Privatier Permit (Settlement Permit – Gainful Employment Excepted) enables financially independent third-country nationals—retirees, investors, or individuals with passive income—to reside in Austria without working. This permit is ideal for those who can support themselves through pensions, investment income, or savings while enjoying Austria’s quality of life.

IMPORTANT: This permit is subject to a strict annual quota with extremely limited availability (only around 400 permits issued nationwide in 2025). Securing an application appointment is highly competitive

Who qualifies

Financially independent third-country nationals (no employment in Austria)
German language skills at A1 level or University degree holders
Health insurance covering all risks in Austria
Adequate accommodation meeting local standards
Secured quota place

Work prohibition: You may not work in Austria—neither as an employee nor self-employed—while holding this permit.

Validity & Renewal

Initial permit: 12 months

After 2 years: 3-year validity if you have fulfilled Module 1 of the Integration Agreement (A2 German) and maintained continuous residence

After 5 years: Eligible for Permanent Residence Permit EU (requires Module 2 = B1 German + integration exam)

How we help

Quota Strategy & Appointment Booking

We guide you through the annual quota booking process. Application appointments open for one week in December and fill within minutes at major consulates—timing is critical for securing your slot.

Financial Documentation

We verify your income sources meet the monthly requirements and compile comprehensive financial proof including pension statements, investment records, and bank documentation

Document Preparation

We review all required documents—police clearance certificates, health insurance, accommodation proof, German language certificates, and translations—ensuring proper legalization and apostille.

Application Submission

We guide you through embassy/consulate applications, coordinate with Austrian immigration authorities, and manage the application process until your permit is approved.

Integration Agreement Planning

We advise on Module 1 (A2 German) fulfillment within 2 years and advise on pathway to Permanent Residence Permit EU after 5 years.

Advantages

For Permit Holders

Legal residence in Austria without employment obligations

Access to Austria’s high quality of life, healthcare, and education systems
Visa-free travel throughout Schengen Area
Pathway to Permanent Residence Permit EU after 5 years
Pathway to Austrian citizenship after 10 years (including 5 as permanent resident)

Why Choose Oberhammer Immigration Advocates

Specialized expertise

We focus on Austrian immigration law

Quota process experience

We guide clients through the competitive annual booking window

Financial documentation expertise

We verify and compile complex income proof

Strategic timing

We ensure you're prepared when quota appointments open

Transparent pricing

Clear, fixed-fee options with no hidden costs

Ready to apply for your Privatier Permit?

The Privatier Permit's strict quota makes early preparation essential. Whether you're a retiree planning your Austrian residence or a financially independent individual seeking European quality of life, we guide you through the quota booking process and application requirements.

Book a consultation