If you have a regular and solid income and you want to buy real estate or just to move in Austria, as well as to travel freely across the EU countries, then an Austrian residence permit card is what you need.
Residence permit in Austria is issued by the Federal Ministry of the Interior of Austria according to the place of the applicant’s registration. It allows a non-EU citizen to live in Austria all year around.
A residence permit is issued for one year with an option to extend. After 5 years, you become eligible to apply for a permanent residence permit and afterwards for a citizenship.