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As for non-EU citizens, acquiring property in Austria can get a little more complicated. To begin with, they must have a permanent residence permit and secondly, before any real estate purchase, they must obtain permission from a territorial commission (Grundverkehrsbehörde) of the municipality in almost every Austrian province. This process can take around 6-8 weeks.
Currently, property in the lesser tourist areas like Styria, Burgenland, Lower Austria, Carinthia and Vorarlberg can be acquired by non-EU citizens. Buying real estate in Tyrol, Salzburg and Vienna are possible for EU citizens (with a residence permit) or legal entities registered in the EU only.