Retire in Austria
Last updated on May 03, 2023
Summary: Retirees are attracted to Austria for its stunning natural beauty, vibrant culture, and excellent quality of life. With its picturesque mountain villages, rolling hills, and crystal-clear lakes, Austria is a paradise for outdoor enthusiasts. The country also boasts a rich history and culture, with a variety of museums, galleries, and festivals to explore. Additionally, Austria offers retirees a safe and secure environment with a high standard of living. The weather in Austria varies depending on the region, but generally the summers are warm and sunny with temperatures ranging from the mid-50s to mid-70s Fahrenheit, while winters are cold and snowy with temperatures ranging from the mid-20s to mid-30s Fahrenheit.
What is it like to retire in Austria?
"Retirees in Austria and its surroundings tend to lead an active lifestyle with plenty of opportunities for recreation, culture, and nightlife. There is an active expat community in the region, and many retirees take advantage of the beautiful scenery for biking, hunting, fishing, and hiking in the nearby mountains. There are also many cultural attractions such as museums, art galleries, and quaint towns to explore. As far as nightlife, there are numerous options such as traditional Austrian restaurants and bars that offer live music and special events. Plus, there is a wide range of recreational activities like skiing and snowboarding in the winter, as well as boating and golf in the summer. It is a great place for retirees to enjoy life," explained a retiree in Austria.
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What are the most challenging aspects of retiring in Austria?
"One of the most challenging aspects of retiring in Austria is navigating the public healthcare system. Many foreign retirees find it difficult to understand the complexities of the system, such as the difference between the public and private health insurance providers, and the coverage and co-payments associated with each. Additionally, the language barrier can be another challenging hurdle for international retirees, as the official language of Austria is German and many regions do not use English as their primary language. Finally, the cost of living in Austria can be higher than what expatriates are used to in other countries, which can be a significant obstacle for those attempting to retire on a fixed income in the country," said one retiree in living in Austria.
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What are the most rewarding aspects of retiring in Austria?
"One of the most rewarding aspects of retiring in Austria is the high quality of life it offers. Its stunning landscapes and picturesque villages make it a beautiful place to call home. Moreover, Austrian pensioners benefit from the country's excellent social security system and its variety of tax deductions and reliefs. Additionally, Austria boasts numerous high-quality public amenities in the form of free healthcare and education, as well as subsidized local public transport. Furthermore, its low cost of living and favorable climate allow retirees to enjoy to the fullest their golden years. Last but not least, Austria offers numerous opportunities for recreational activities, from skiing in the Alps to cultural pursuits in its well-preserved cities," remarked one retiree in Austria.
What are healthcare services like in Austria?
We asked retirees if they have access to good medical care in Austria. They wrote:
"In Austria, healthcare is provided by a universal, publicly-funded service. Comprehensive health insurance is managed through the country's statutory health insurance system, which is provided by a variety of social insurance funds. All legal residents of Austria are entitled to receive healthcare from a general practitioner and the national health-care system covers the majority of medical costs. Austria has one of the most advanced healthcare systems in Europe, and its citizens have access to a range of services, including preventative care, specialist consultations, diagnostics and treatment, and long-term care. The system also covers mental health services, drug and alcohol rehabilitation, and physiotherapy," said one retiree in living in Austria.
How do I meet people in Austria?
When we asked people living in Austria about club and activities where newcomers can meet others, they responded:
"Going to discos, opera or joining a hiking club are great ways to meet Austrians," said a retiree who moved to Vienna , Austria.
"Expats in Austria can join many different clubs and activities to meet people, such as language exchange groups, sports teams, or music and dance classes. Expats can also look for Meetups in their area that may span various topics, from business networking to outdoor activities. Additionally, expats can also attend local festivals or events, take part in university classes or programs, join or start a book club, volunteer in their community, join fitness or meditation groups, or attend seminars or workshops. Expats can enter the vast cultural scene and explore art galleries, theatres, concerts, and operas. By joining clubs and volunteering, expats can make connections with the enthusiastic locals and get to know the culture more deeply," said one retiree in Austria.
What is life like in Austria?
When we asked people living in Austria what life is like and how people spend their time, they said:
"Lives evolve around work during the weekdays and relaxation on the weekends, some people are also fans of the Rapid Austria and Wien soccer clubs," said a person in Vienna .
"Life for expats and digital nomads in Austria is generally very rewarding. With its bustling cities, stunning countryside and vibrant culture, many expats and digital nomads are drawn towards the alpine nation. The locals are also known to be friendly and welcoming, helping expats to easily integrate into the Austrian culture and lifestyle. The country is also well connected with excellent public transport, making it easy to explore the different cities and regions. Expats and digital nomads will also find plenty to do in Austria with its museums, galleries, festivals and outdoor activities, providing a range of options to suit all interests," remarked one retiree in Austria.
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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," explained one retiree living in Vienna .
"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 one retiree in living in Austria.
What type of recreational activities are there in Austria?
"In Austria, residents enjoy a variety of recreational facilities, such as outdoor activities like skiing, snowboarding, hiking, and mountain biking. There are also many lakes and rivers for swimming, fishing, and boating. For those who prefer indoor activities, there are plenty of museums, galleries, and theaters to explore. Austria also has a vibrant nightlife, with plenty of bars, clubs, and restaurants to choose from. Additionally, there are many parks and gardens throughout the country, providing a great place to relax and enjoy the scenery," explained one member in Austria.
Where will I buy groceries and do other shopping in Austria?
"People living in Austria typically buy groceries from supermarkets, local markets, and specialty stores. Other shopping can be done at department stores, boutiques, and online retailers," said one person who retired in Austria.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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