Austria is a landlocked but wealthy nation and has been a member of the European Union since 1995. For centuries, it played a role as one of Europe’s dominant powers, its reins being held by the Hapsburg dynasty. Key turning points in its history include the 1683 Battle of Vienna, which halted Ottoman expansion into Europe, and Austria’s declaration of war against Serbia following the assassination of Archduke Franz Ferdinand – one of the triggers for World War I. Today, Austria is highly industrialised, and exports and tourism are key drivers of GDP.
Citizenship by Investment in Austria