What do I need to know before retiring in Austria?
When we asked people what advice they would give someone preparing to move to Austria, they said...
"Try to accept the local way of life and learn the language. This is perhaps the country in the whole world where speaking the local language and imitating local customs makes the difference between being truly "in" and just getting by," remarked another expat in Vienna, Austria.
"Expats looking to retire in Austria should research the country’s residency requirements and the permits needed to stay in the country for a longer period of time. Expats should consider the cost of living in Austria and investigate the tax system to determine how their retirement savings could be affected. It is also important for expats to brush up on their German language skills, as most of the population speaks German fluently. Obtaining health insurance coverage is also essential for living in Austria. Understanding the local culture and traditions can help expats adjust to life in Austria more easily," said a member in Austria.
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SJB GlobalSJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Click connect to have our partner contact you via e-mail and/or phone.
Other Questions:
- What should I pack when moving to Austria?
- Where should I setup a bank account in Austria?
- Will I be able to find a job in Austria?
- What is life like in Austria?
- What do expats in Austria appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Austria?
- Is there a lot of diversity? Are people in Austria accepting of differences?
- What are the schools in Austria like?
- What are healthcare services like in Austria?
- What are medical services in Austria like?
- Are healthcare and health insurance expensive in Austria?
- What are emergency services like in Austria?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Austria?
- How are local medical facilities in Austria?
- As a foreigner living in Austria, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
What do I need to know before retiring in Austria?
If you live in Austria, newcomers to Austria would love to hear your answer to this question.
