Austria Self-Employed Residence Permit (Gewerbeschein Route) vs Luxembourg Investor Residence
Austria freelancer route: $130 fee, 24 months. Luxembourg investor route: $91 fee, 3 months.
- Fee
- $130
- Duration
- 24 months
- Processing
- 3-3 weeks
- Fee
- $91
- Duration
- 3 months
Next steps
Austria Self-Employed Residence
Luxembourg Investor Residence
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Side by side
Austria Self-Employed Residence Permit (Gewerbeschein Route)
Luxembourg Investor Residence
Visa type
Status
Initial duration, months
Renewable
Built for
Minimum age, years
Practical minimum age, years
Nationality restrictions
Processing time, minimum (weeks)
Processing time, maximum (weeks)
Where to apply
Interview required
Medical exam required
Minimum investment, one time
Investment types
Application fee, one time
Income sources accepted
Employment types accepted
Social Security counts as income
Pension income recognized
Local work permitted
Health insurance required
Local bank account required
Apostille required
US FBI background check required
Certificate of coverage required
Required documents
Leads to permanent residency
Years to permanent residency
Years to citizenship, PR plus naturalization
Tax regime
US tax treaty
| Field | Austria Self-Employed Residence Permit (Gewerbeschein Route) | Luxembourg Investor Residence |
|---|---|---|
| Visa type | Freelancer | Investor |
| Status | Active | Active |
| Initial duration, months | 24 (Longest initial stay) | 3 |
| Renewable | Yes | Yes |
| Built for | Freelancers, FIRE | Passive investors |
| Minimum age, years | Not specified | 18 |
| Practical minimum age, years | Not specified | 18 |
| Nationality restrictions | Non-EU nationals only | Non-EU nationals only |
| Field | Austria Self-Employed Residence Permit (Gewerbeschein Route) | Luxembourg Investor Residence |
|---|---|---|
| Minimum investment, one time | Not applicable | Not specified |
| Investment types | Business creation, Capital transfer | Business creation, Capital transfer |
| Application fee, one time | $130 | $91 (Lowest known fee) |
| Field | Austria Self-Employed Residence Permit (Gewerbeschein Route) | Luxembourg Investor Residence |
|---|---|---|
| Income sources accepted | Business income | Not specified |
| Employment types accepted | Self-employed | Not specified |
| Social Security counts as income | No | Not specified |
| Pension income recognized | No | Not specified |
| Local work permitted | No | Yes (Local work permitted) |
| Field | Austria Self-Employed Residence Permit (Gewerbeschein Route) | Luxembourg Investor Residence |
|---|---|---|
| Processing time, minimum (weeks) | 3 weeks | Not specified |
| Processing time, maximum (weeks) | 3 weeks | Not specified |
| Where to apply | Not specified | Apply online via Guichet.lu portal for investment project opinion from Ministry of Finance, then submit residence...See where to apply on the visa page |
| Interview required | No | No |
| Medical exam required | No (No medical exam required) | Yes |
| Field | Austria Self-Employed Residence Permit (Gewerbeschein Route) | Luxembourg Investor Residence |
|---|---|---|
| Leads to permanent residency | Yes (Path to permanent residency) | No |
| Years to permanent residency | 2 years | Not specified |
| Years to citizenship, PR plus naturalization | Not specified | Not applicable |
| Field | Austria Self-Employed Residence Permit (Gewerbeschein Route) | Luxembourg Investor Residence |
|---|---|---|
| Tax regime | Not specified | Worldwide |
| US tax treaty | Not specified | Not specified |
| Field | Austria Self-Employed Residence Permit (Gewerbeschein Route) | Luxembourg Investor Residence |
|---|---|---|
| Health insurance required | Yes | Yes |
| Local bank account required | No | Not specified |
| Apostille required | No (No apostille needed) | Yes |
| US FBI background check required | No | No |
| Certificate of coverage required | No | No |
| Required documents | Not specified | 8 items listedSee full list on the visa page |