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Weekly Tip 15 #LocationAustria: Take advantage of the Red-White-Red Card for key employees

arbeitskraft © ABA - Invest in Austria

On the basis of the Red-White-Red Card Austria has established a new, flexible immigration system for third-country nationals. This is particularly designed for highly qualified skilled personnel in understaffed professions, other key qualified salaried employees, self-employed key personnel and foreign graduates of universities in Austria.

The underlying objective is to enable the controlled and long-term immigration of qualified employees who are third country nationals and their family members in accordance with specific personal and labor-market related criteria. The most important criteria are qualifications, professional experience, age, language skills, minimum salary and an adequate job availability.

Two varieties of the Red-White-Red Card are issued. The Red-White-Red Card entitles third-country nationals to fixed-term settlement and employment with a specified employer. The Red-White-Red Card Plus entitles third-country nationals to fixed-term settlement and unlimited labor market access (self-employment and gainful employment) which is not limited to a specific employer.

“The Red-White-Red Card scheme makes Austria even more attractive for talents from all over the world“, says ABA International Director Wilfried Gunka. Oriented to labor market needs, the card offers clear-cut advantages to companies in that highly qualified employees become quickly available.

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Located in the heart of Europe, Austria offers an optimal base for our internationally orientated business. The great funding options as well as the support of institutions such as ABA – Invest in Austria and the Vienna Business Agency have turned out to be real USPs for the business location Austria. More and more skilled workers are drawn to Austria, because of it’s high living standard. This has helped us tremendously finding highly qualified employees for our company. We feel right at home within the steadily growing international ecosystem and easily built a network with local parties. One can feel the spirit and the will to grow into a bigger startup hub like Germany or Sweden. We hope, that by sharing our positive experiences, we can help attract more global talent to come to Austria.

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