Financial Bootcamp

The Guide’s Financial Bootcamp is inspired by a piece that appeared in The Guardian from 4 September 2021. Not all of the 28 items mentioned in the Guardian’s piece are directly transferable or applicable to Austria, and in some cases there are alternatives in Austria that do not exist in the United Kingdom.

The aim of The Guide’s Financial Bootcamp is to help give people an idea about some of the possible financial nips and tucks that can make a difference to your financial situation that you might not have been necessarily aware of, or ways of simplifying your financial affairs (such as getting rid of unused accounts, cancelling unwanted services, or even reducing the temptation to shop until you drop!).

Its purpose is as a general pointer, and doesn’t constitute a recommendation of any particular financial product, and you should always consider your own specific financial circumstances carefully before taking out financial products, and also be aware of penalties for early redemption of investment products.

Bootcamp Pages

Online Scam Awareness

Introduction We have seen an increasingly number of posts recently regarding online scams. We have tried to put together a ...
Cloisters at Stift Heiligenkreuz

Church Tax

In your police registration (MeldebestätigungMeldezettel Austria requires everyone living in Austria (both Austrians and foreigners) to register their place(s) of residence with the local authorities. The confirmation of this registration is called a Meldebestätigung (EN: confirmation of registration), although it is still affectionately known to many by its former name (the Meldezettel). This is done at your Meldeamt in the Gemeinde or Bezirk you live in. You are required to do your registration within three days of arrival. It is important to do this also because your qualification for permanent residence starts to run from the point of your registration., although frequently called the MeldezettelMeldezettel Austria requires everyone living in Austria (both Austrians and foreigners) to register their place(s) of residence with the local authorities. The confirmation of this registration is called a Meldebestätigung (EN: confirmation of registration), although it is still affectionately known to many by its former name (the Meldezettel). This is done at your Meldeamt in the Gemeinde or Bezirk you live in. You are required to do your registration within three days of arrival. It is important to do this also because your qualification for permanent residence starts to run from the point of your registration.) you declare your religious confession. Many people declare themselves as ...
bank banknotes bills business

Deposit Insurance – how is your money in a bank protected?

In the event of your bank falling into difficulties, your immediate instinct might be to try to get your money ...
senior woman typing important report on keyboard of laptop

Pensions

Introduction Austria and the United Kingdom both have state pension systems that are based around contributions and qualifying years, with ...
illustration showing credit card functions for different payments

Austrian Credit Cards

Austria is traditionally seen as a country where cash is king, but with the advent of online shopping, and accelerated ...
black calculator near ballpoint pen on white printed paper

Consolidate your Severance Contributions

If you have worked for multiple employers during your time in Austria, there is a good chance that your severance ...

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