Property buying rules for foreigners in Tyrol and Vorarlberg
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Loading... - Alina Wallner
- 14 Sep 2022
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The west of Austria is home to the Alps and many famous ski resorts, making it a highly sought-after place to buy property – for both Austrians and foreigners.
But the popularity of this part of the country has led to skyrocketing prices and strict rules on who can and can’t buy property.
Thinking of investing in a home in Tyrol or Vorarlberg? Here’s what you need to know
Who is a foreigner in Austria?
Foreign nationals are defined by the Austrian Federal Government as people that do not have Austrian citizenship.
But when it comes to buying property, there are varying rules for different foreigners. This mostly depends on whether someone is from an EU country or not (rather than whether they have an Austrian passport).
Property buying rules for EU and EEA citizens in Austria
It can be easy for citizens from EU and EEA countries and Switzerland to buy property as a foreigner in Austria.
This is because these citizens are granted the same rights as Austrian nationals under EU law.
So this means whether you are an EU citizen already living in Tyrol or Vorarlberg as a resident, or you simply want to purchase an investment property in the Alps, then it is possible.
Brits with an Article 50 card
For people with an Article 50 Card – a post-Brexit residency permit that grants Brits living in Austria before December 31st 2020 pre-Brexit rights – they are still treated the same as those from EU member states.
But for any British people that have moved to Austria in post-Brexit times, they will be considered as third country nationals and subject to the rules detailed below. Read More...
