Austria — Tax Guide, Residency & Cost of Living for Expats

Europe · Western EuropeUpdated 2026

Tax Score

30/100Worldwide

Tax Data

Income Tax20% – 55%
Corporate Tax23%
Capital Gains27.5%
VAT/GST20%
Wealth TaxNo
Inheritance TaxNo

Residency & Visas

Golden VisaNo
Digital Nomad VisaNo
Citizenship in10 years

Cost of Living & Quality of Life

Cost of Living Index77
Safety7.9/10
Internet170 Mbps
Healthcare8.3/10
Gasoline$2.10/L

Tax Overview

Austria applies a worldwide tax system with high progressive rates. Residents are taxed on their global income, which can represent a significant burden for high earners.

Personal Income Tax

Personal income tax in Austria ranges from 20% – 55% progressively. The top marginal rate is high by regional standards.

Corporate & Capital Gains

The corporate tax rate is 23%. Capital gains are taxed at 27.5%.

Indirect Taxes & Wealth

VAT/GST is 20%, high by international standards. There is no wealth tax. There is no inheritance tax.

Crypto & Digital Assets

Austria has an unfavorable crypto tax regime (score 2/5). Rates are high and/or regulations are restrictive.

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Residency Guide

Relocating to Austria is possible but with limited options. Visa options are more limited, but residency is achievable through standard pathways.

Visa Options

Austria does not currently offer a digital nomad visa or golden visa. Foreigners can explore work, investment, or family reunification visas.

Path to Citizenship

The path to citizenship in Austria takes approximately 10 years — a lengthy timeline by international standards. A minimum presence of 183 days per year is required.

Practical Considerations

As a non-LATAM destination, applicants should consider potential language barriers and cultural differences. Working with a local immigration attorney and verifying apostille/legalization requirements for documents is recommended.

Also consider: Monaco, Vatican City, Andorra

Lifestyle

Austria has a high cost of living, comparable to major world capitals. It is considered a safe destination with good infrastructure.

Cost of Living

With an index of 77, Austria has moderate to high costs. It is more affordable than New York City (100) but is not a low-cost destination.

Safety & Infrastructure

A safety score of 7.9/10 indicates a generally safe environment, with normal precautions recommended. Fast internet at 170 Mbps average — excellent for remote work and streaming.

Healthcare

With a healthcare score of 8.3/10, Austria has a world-class healthcare system. Expats typically have access to high-quality care in both public and private sectors.

Quality of Life

Austria has a Human Development Index of 0.926 (classification: very high). This indicates excellent standards of education, health, and living standards.

Data: 2026 · Source: tax_foundation,pwc,manual

Pros & Cons

Pros

  • No wealth tax
  • No inheritance tax
  • High safety rating (7.9/10)
  • Very high human development (HDI 0.926)
  • High-quality healthcare system (8.3/10)

Cons

  • Worldwide tax system — global income taxed
  • High top income tax rate (55%)
  • High capital gains tax (27.5%)
  • Moderately high cost of living (index 77)
  • Unfavorable crypto regime (2/5)
  • Long path to citizenship (10 years)
  • High VAT rate (20%)
  • Physical presence requirement (183+ days/year)

Frequently Asked Questions

Austria operates under a worldwide tax system: taxes residents on worldwide income, regardless of where it is earned. The top personal income tax rate is 55%.

About this guide

Researched and maintained by the TuLugar team, based in Asunción, Paraguay.

Data sourced from PwC, Numbeo, UNDP, and Ookla.

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