Bank comparison · Residence Austria

Banks for tax non-residents living in Austria

Euro income, no conversion right, plus German as a shared language — one of the most straightforward tax non-resident constellations: no language barrier for documents, notary or the bank conversation. Olga Nikushkina has arranged more than 300 financings for tax non-residents since 2019.

Which banks finance tax non-residents living in Austria?

Euro income, no conversion right — one of the more accessible tax non-resident constellations for the pool of banks. The conversion right under §503 BGB does not apply — Austria uses the euro. Of the 650+ banks in reach, tax non-residents generally have a circle of 6–10 institutions — for Austria the point above additionally decides which of them apply. Olga Nikushkina has arranged more than 300 financings for tax non-residents since 2019. This is not legal or tax advice.

Conversion right §503 BGB

What legally applies for residence in Austria

The conversion right under §503 BGB does not apply — Austria uses the euro. Income is typically paid in euro — details on the full constellation (loan-to-value, documents, currency discount) are on EU residence — all topics.

FAQ

Frequently asked questions

Which banks finance tax non-residents living in Austria?
Of the 650+ banks in reach, tax non-residents generally have a circle of 6–10 institutions — mostly Volksbanken and Sparkassen with international experience, plus two or three specialised large banks. Euro income, no conversion right, plus German as a shared language — one of the most straightforward tax non-resident constellations: no language barrier for documents, notary or the bank conversation.
Does the conversion right under §503 BGB apply for residence in Austria?
It does not apply — Austria uses the euro.
What currency is my income paid in?
Typically euro. Banks convert foreign-currency income into euros with a safety discount — details on the full constellation (loan-to-value, documents, currency discount) are on EU residence — all topics.
Related

By country and topic

Overview

All banks for tax non-residents

Partner network, institution types, reach vs. brokerage.

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Country

EU residence — all topics

Loan-to-value, documents, conditions for Austria.

EU residence — all topics →
Calculators & funding

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Calculator

Calculate your budget

How much property is realistically financeable with your equity and income?

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Funding

KfW funding

Usually excluded for a pure investment property from abroad — returning for owner-occupation often opens up regular KfW programmes.

KfW funding →
Funding

State funding by federal state

Almost every federal state has its own development bank, often combinable with KfW.

State funding by federal state →

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