Austrian citizenship for sale?

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Published on Friday, 16 March 2012 13:40

Like the Caribbean islands of Saint Kitts and Nevis and Dominica, Austria runs a citizenship-by-investment programme. Pursuant to article 10(6) of the Constitution of Austria, an individual may be granted Austrian citizenship at the discretion of authorities, whereby the common good, public interest and public wealth are taken into account. The applicant needs to prove "exceptional achievements in the special interests of Austria". The citizenship and residence planning firm Henley & Partners uses this vague article as a basis for its citizenship-by-investment offer for the Austrian Republic. 

Read the full article on Die Zeit online (in German).

Read also Jelena Dzankic's article on the various citizenship-by-investment programmes in the world and the Reuter's article on Henley & Partners' acrivities.