Austria's Red-White-Red Card for start-up founders lets a founder from outside the EU set up an innovative company in Austria. The founder needs at least 30,000 euros of capital, an equity share of at least 50 percent, and at least 50 of 85 points. The card is valid for up to 24 months, the fee is 218 euros, and applications are accepted all year.
Who can apply
Nationality
The card is for third-country nationals, meaning people from outside the EU. Tunisian founders qualify and apply at the competent Austrian embassy or consulate.
Capital and control
At least 30,000 euros of capital, an equity share of at least 50 percent, a consistent business plan and a controlling influence on management.
Points
At least 50 of 85 points for qualifications, work experience, languages and bonuses such as age 35 or under or an Austrian incubator place.
Funding and what it does not cover
The application fee is 218 euros. The founder must bring at least 30,000 euros of capital, with an equity share of at least 50 percent.
You pay
The 30,000 euros of start-up capital, which the founder brings
