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RETIREMENT IN AUSTRIA

Tell us: Do you plan to stay in Austria when you retire?

Many people come to work in Austria but do they all plan to retire here? What are the reasons they want to stay or why do they intend to leave once working life is over? We want to hear from you.

Tell us: Do you plan to stay in Austria when you retire?
Swiss employees expect nice bonuses this month. Image by myshoun from Pixabay

If you are working in Austria and have thought about where yo intend to retire, take a minute to fill in our survey. Whether you intend to stay, are certain to leave or don’t know yet, your answers will be valuable to our readers.

The survey only takes a couple of minutes and we will use your views for a future article on The Local Austria.

If the survey does not show for you below, please click here.

 

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RETIREMENT IN AUSTRIA

‘I can’t be old and not speak German’: Would you retire in Austria?

Austria is a great country for retirement, with a high quality of living. But do foreigners living here actually plan on staying in their old age? Here's what readers of The Local had to say.

'I can't be old and not speak German': Would you retire in Austria?

Do you intend to stay in Austria when you retire? This was the question we asked readers of The Local recently.

The results paint an interesting picture of the perceptions that many have towards Austrian society, and the social safety net in place. 

Cold, expensive and German

Roughly twenty percent of those surveyed said that they did not intend to retire in Austria, citing a number of factors. 

Language difficulties presented one hurdle. Jennifer, 56, who works in Vienna in the tourism sector, told The Local Austria: “I don’t speak German, and I can’t imagine being in an old age home with only German speakers.”

In terms of English proficiency, Statista determined in 2020 that Austria trailed behind the Nordics and the Netherlands.

Renan, a software developer also living in Vienna, felt that there was a lack of warmth and friendliness from Austrians – in addition to a high cost of living, stating: “Too expensive, and people here are not nice compared to my home country. Good country to work, not to live and retire.”

READ ALSO: Why do foreigners find Austria such a difficult country to settle in?

He has a point on both counts if studies are to be believed.

In 2023 an InterNations survey determined Austria to be the second-worst country for ‘Settling In’, placing 52 out of 53 nations. 

Additionally, according to Eurostat, prices for consumer goods in Austria are almost ten percent higher than the European average. 

For Paul, a Warehouse Worker from Vienna, the climate was the decisive factor: “Because of the cold.”

In this sentiment, Paul may also be justified. The coldest temperature recorded in Austria over the last 74 years came as recently as 2021. A weather station on the Feuerkogel, in Upper Austria recorded -18.0C in February of that year. 

‘Quality of life’ 

In contrast, the most readers – 50 percent – told The Local Austria that they sought to stay in Austria following their retirement. 

While some cited family links as the reason that they planned on staying, two factors beyond ‘quality of life’ soon became apparent as playing a large role in the decision for others to stay.

Both Cassandra Van Gelder and Vineet Deshpande identified ‘Good public transportation’ as helping them decide to stay. 

Austria has around 6,123 kilometres of rail track, at last count, and since 2018, state-owned rail operator ÖBB has sat among the three top rail operators in Europe, ranked by commuter perception and punctuality. 

The other recurring theme among readers, including University Professor Marie-Pierre Granger was “A good health system.”

This sentiment aligns with the data. In the InterNations 2021 Expat Insider Report, Austria took second place in the ‘Health & Wellbeing’ portion of the Quality of Life Index. The country also ranked number 19 in the top 20 nations identified by the 2021 World Index of Healthcare Innovation

EXPLAINED: How the Austrian healthcare system works

Do you agree with the results of the survey? Tell us if you’re planning to retire in Austria – and why – in our comments section.

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