Buying Austrian property as a foreigner
EU citizens buy freely; third-country nationals need an approval that depends on the federal state. What foreign buyers should know.
EU and EEA citizens
Citizens of the EU, EEA and Switzerland are treated like Austrians and need no approval.
Third-country nationals
Most federal states require approval from the land transfer authority — in Vienna the Ausländergrunderwerbsbewilligung. Residence status, intended use and the state law are decisive.
Buying via a company
An Austrian GmbH with EU shareholders can simplify the acquisition. Tax and corporate implications must be checked first — we work with tax advisors on this.
Financing
Austrian banks do finance foreigners but expect more equity (often 40–50%) and verifiable income. We connect you with suitable financing partners.
How we help
We check approval requirements before the search, coordinate authority, notary and bank, and accompany you in German, Russian and English through to handover.
Can I buy without a residence permit?
In some states yes (with restrictions, e.g. on second homes); in Vienna approval without a residence permit is difficult. We assess your case upfront, free of charge.
Does buying grant residency?
No — a purchase alone grants no visa or residence permit, but the property can serve as proof of funds for certain permit types.
How long does the approval take?
Usually four to twelve weeks on top of the normal purchase process, depending on the state.