Austria Overview
Written by Anastasiia Lushyna Moderated by Oleksandra Dosii
Anastasiia Lushyna

Anastasiia Lushyna

Anastasiia is a content creator, writer, and motorcycle traveler with experience living in 4 different countries. She has been exploring the world and its cultural diversity since 2010.

Oleksandra Dosii

Oleksandra Dosii

Oleksandra is a dedicated marketer with a passion for growing HR-tech products. She believes content marketing is about delivering high-quality content that provides value—not just generating leads. Since 2016, Oleksandra has been involved in tech talent relocation.

Last update: November 22, 2024

Next update

Next update: Scheduled for February 1, 2025

Austria is a popular destination for relocation, known for its high quality of life (above the average of 6.7), excellent healthcare, and rich cultural heritage. The country offers a blend of historic cities, picturesque landscapes (expats who like outdoor activities will definitely appreciate them), and a strong economy, making it an attractive choice. With a well-connected public transportation system and a welcoming attitude towards newcomers, Austria provides a comfortable and secure environment for those looking to settle in Europe.

Interesting facts

  • The Austrian Alps cover more than 60% of the country’s area.
  • Austria is home to the world’s oldest zoo.
  • Around one-quarter of Austria’s population lives in Vienna.
     
Visas & Immigration in Austria

Relocating to Austria involves navigating its visa system, which is essential for non-EU/EEA citizens. Each visa type has specific eligibility criteria and application procedures, so it's important to carefully review the requirements and prepare the necessary documentation in advance. For EU/EEA citizens, the process is simpler, as they can live and work in Austria without needing a visa.

Types of visas

  • Schengen (Short-Stay) Visa
  • National (Long-Stay) Visa
  • Read-White-Red Card
  • EU Blue Card
  • Job Seeker Visa
  • Student Visa

 

These are just some of the visa options available.

Explore Visa Options

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Taxes in Austria

Austria's tax system is designed to support its high standard of living, with a focus on progressive income tax rates that can reach up to 55%. This percentage is high, but you should keep in mind that income taxes in Austria come in multiple options. With an average salary, you will have to pay 40%. Additionally, the country collects taxes on goods and services, corporate profits, and real estate transactions. Social security contributions are mandatory, helping to fund Austria's welfare programs.

Types of taxes

  • Income tax (Einkommensteuer)
  • Value-added tax (VAT)
  • Corporate tax
  • Social security contributions
  • Capital gains tax
  • Real estate transfer tax
  • Property tax
  • Motor vehicle tax
  • Insurance tax
  • Church tax

Tax year

January 1st to December 31st

Income tax rates

Progressive, ranging from 0% to 55%

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Cost of Living in Austria

The cost of living in Austria varies significantly depending on the city and lifestyle. Vienna, the capital of Austria, is among the most expensive destinations, but cities like Wels offer more affordable living options, with lower housing costs and daily expenses, making them attractive for those seeking a more budget-friendly lifestyle.

Overall, Austria provides a range of living costs across its cities, reflecting its diverse economic landscape. While major urban centers tend to be pricier due to their popularity and amenities, smaller cities and regions offer a more economical alternative without sacrificing quality of life. This variation allows individuals to choose a location that best suits their financial situation and personal preferences.

Most expensive cities

  • Salzburg
  • Vienna
  • Graz
     

Most affordable cities

  • Wels
  • Kapfenberg
  • Klagenfurt
     

Average rent

€870+ per month for a one-bedroom city center apartment

Average monthly expenses (excluding rent)

€1,070 for a single person

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International Companies Hiring in Austria

Austria's strategic location in Europe and its strong economy make it an attractive destination for international companies seeking to expand their operations. Major global firms, such as Siemens, IBM, and Microsoft, have established a significant presence in Austria, offering a range of job opportunities in sectors like technology, engineering, and finance. The country’s highly skilled workforce, excellent infrastructure, and favorable business environment contribute to its appeal as a hub for international employers.

In addition to these tech giants, Austria hosts numerous multinational corporations across various industries, including pharmaceuticals, automotive, and finance. Companies such as Novartis, Volkswagen, and Deloitte actively recruit professionals in Austria, valuing the country’s strong educational system and high quality of life. For job seekers, this creates a wealth of opportunities in a diverse range of fields, with many positions offering competitive salaries and career growth prospects.

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Jobs in Austria

With an unemployment rate of 6.4%, Austria offers a diverse job market with opportunities in sectors such as technology, finance, engineering, and healthcare. The country is known for its high quality of life, excellent work conditions, and competitive salaries. Major international companies and a strong local economy create a vibrant job landscape, making Austria an attractive destination for professionals seeking career growth and stability.

Top job sectors

  • Tourism and hospitality
  • Engineering and technology
  • Healthcare

Top high-demand jobs

  • Software engineers
  • Specialists in the tourism industry
  • Medical professionals

Working hours

Typically 35-40 hours per week, the maximum is 60 hours

Probation period

Up to 1 month

Paid time off

25-30 days per year

Public holidays

13

Unemployment rate

6.4% (as of July 2024)

Common employee benefits

Healthcare, social assistance, maternity benefits, home office

Explore Available Jobs

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Salaries in Austria

Salaries in Austria are generally competitive, with varying levels depending on the industry, role, and experience. The country offers a high standard of living, reflected in its average wages, which are complemented by strong social benefits and a balanced work-life environment. While salaries can differ between sectors and cities, Austria's overall compensation levels are designed to support a comfortable lifestyle.

Average salary

€38,457 per year (gross)

Minimum wage

No minimum wage, but the average rate is around €19.23 per hour

Highest-paying jobs

  • Digital marketing specialist: €45,200
  • HR generalist: €54,500
  • Senior recruiter: €45,500
  • Data analyst: €56,400
  • UX designer: €51,500

Cities with the highest average salaries

  • Vienna
  • Salzburg
  • Innsbruck

Pay frequency

Monthly

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Relocation Companies in Austria

Relocation companies in Austria provide various services to ease the transition for individuals and families moving to the country. They offer assistance with finding housing, navigating local bureaucracy, and settling into a new environment, ensuring a smooth relocation process.

These companies also help with practical matters such as visa applications, school placements, and language courses. Their expertise in local regulations and customs makes them valuable partners for those adjusting to life in Austria.

Top relocation companies in Austria:

  • Santa Fe Relocation
  • Executive Relocations Austria
  • Sanelo
  • New Horizons Personal Relocation
  • Sobolak
  • E.Fall GmbH
     

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Healthcare & Insurance in Austria

Austria has a high-quality healthcare system with universal coverage provided through mandatory public health insurance. This system ensures that residents have access to a broad range of medical services, from primary care to specialized treatments. Public insurance covers most medical expenses, including hospital stays and prescription medications.

For English-speaking expatriates, many doctors and medical professionals in Austria are proficient in English, particularly in major cities like Vienna, Salzburg, and Graz. This accessibility makes it easier for international residents to navigate the healthcare system and receive care without language barriers. Additionally, private health insurance options can offer enhanced services, including quicker access to specialists and private facilities.

Types of health Insurance

  • Public health insurance (Gesetzliche Krankenversicherung or GKV)
  • Private health insurance (Private Krankenversicherung or PKV)

The cost of private health insurance

Depends on the provider. For public insurance, it is typically, around 3.87% of your gross salary.

Expat insurance

Available through various providers offering tailored plans.

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Cities in Austria

To choose a specific city in Austria for relocation, it is essential to consider multiple factors, with the cost of living and the availability of relevant jobs among the main ones. Vienna, as an international hub, offers loads of English-speaking job options, but it is also the most expensive. Moving to a city like Graz or smaller towns is a way to cut costs while maintaining a high quality of life.

Popular cities for relocation

  • Vienna: Austria's vibrant capital, renowned for its rich history, cultural landmarks, and high quality of life.
  • Salzburg: A charming city known for its baroque architecture, musical heritage, and picturesque alpine setting.
  • Graz: A dynamic city celebrated for its medieval architecture, youthful energy, and thriving cultural and academic life. 
Explore Cities

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