Moving to a new country brings opportunity — and the complex task of managing and transferring your financial assets. Whether you are dealing with cash savings, investment portfolios or retirement schemes, understanding how to bring these into Austria is essential to your financial well-being.

Types of assets you might transfer

1. Cash savings

Transferring cash may look straightforward, but hidden fees and unfavourable exchange rates can bite. Open an Austrian bank account, and use a reliable transfer provider to minimise fees and secure a competitive rate.

2. Investment portfolios

Moving an investment portfolio to Austria is more than a fund transfer. Each country has unique rules and tax implications. Understanding how your holdings will be treated under Austrian law — and whether to sell before transferring or move positions in kind — requires careful analysis.

3. Retirement schemes

RRSPs, 401(k)s and SIPPs typically cannot be transferred directly to Austria. Liquidation and reinvestment is often necessary, and the tax consequences need to be planned carefully.

4. Real estate

If you own property abroad, decide whether to sell or rent while you reside in Austria. Selling means understanding tax in both countries; renting means complying with local landlord rules.

5. Business interests

Owning business interests abroad adds another layer. Whether you transfer the assets or establish new operations in Austria, both the legal and tax landscapes need experienced navigation.

How we help

  • Comprehensive financial planning tailored to your cross-border reality.
  • Tax efficiency — leveraging treaty relief and minimising the drag of double taxation.
  • Investment management — realigning portfolios with Austrian rules and your goals.
  • Retirement planning — designing the right transition for legacy retirement wrappers.
  • Legal and compliance support through our specialist network.
  • Continuous support — long after the initial move.

Conclusion

Bringing your assets to Austria takes careful planning and specialist guidance. At Invest Expat, we support expatriates with cross-border financial management — from the first consultation to long-term stewardship.