AUSTRIA: Amendments to Austria Foreign Investment

Tuesday November 22 2011

There has been a reported change to the Austria foreign investment regime in Austria whereby the Austrian government has amended the Foreign Trade Act in order to limit ownership of infrastructure companies by non-Europeans. Under the updated regulations stakes of 25% or more in infrastructure companies require approval by the Ministry of Economics unless the investor is from the EU, the EEA or Switzerland.

Information on the Austrian foreign investment change will be updated as further details become available.