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Reader question: I recently moved to Austria, will I receive the ‘climate bonus’?

Residents of Austria are set to receive a €500 climate and anti-inflation payment, but can people who recently moved in also get it?

Reader question: I recently moved to Austria, will I receive the 'climate bonus'?
How long do I have to be living in Austria to receive the bonus payments? (moerschy from Pixabay)

Austrian residents are expecting a €500 bonus meant to offset the rising cost of living in the country. The payment will be made to some nine million people living in Austria, regardless of their citizenship, income level or work status.

The payment is actually two different ones: a climate bonus (Klimabonus) of €250, which will be paid yearly to offset a new CO2 tax, and an anti-inflation €250, which is a one-off payment.

People who are younger than 18 years old are entitled to a reduced €250 amount, which is paid to their parents of legal guardians.

But if the only condition is to be an Austrian resident, then how long must a person be living in the country to receive the payment?

READ ALSO: When will Austria make the €500 anti-inflation payment and how do I get it?

183 days in a year

According to the federal government, “Everyone who has their main residence in Austria for at least 183 days in the year of entitlement receives the climate bonus – regardless of age or origin and citizenship.”

This means you need to have your main residence for around six months in 2022 to be able to receive the climate bonus this year. If you’ve already been in Austria for 183 days this year, then you should receive your payment in the coming weeks.

READ ALSO: EXPLAINED: What is the ‘Vollmacht Klimabonus 2022’ letter everyone in Austria is receiving?

If you’ve recently moved but will be in Austria for at least 183 days in 2022, then you’ll be entitled to the payment later in the year.

The federal government doesn’t go into detail about the cases of people who have recently moved, but it does mention another curious case: babies born in 2022.

“The climate bonus is paid to all people who have their main residence in Austria for at least 183 days in the respective year. This means: babies from the age of 183 days who have been registered with their main residence in Austria for 183 days by 31 December of the year of entitlement are entitled to the climate bonus.”

By this logic, then, only people who moved to Austria after July 1st, 2022, will not be entitled to the payment at any time this year.

READ ALSO: EXPLAINED – How Austria’s new finance measures could benefit you

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Reader question: I’ve received my Austrian Klimabonus as a voucher, now what?

Austria's federal government is sending out €500 payments directly to the bank accounts of millions of people, but many have been getting vouchers. Here's what to do with them.

Reader question: I've received my Austrian Klimabonus as a voucher, now what?

With rising inflation, mainly due to the increasing energy costs, people in Austria have seen their salaries purchasing less and less. Because of that, the federal government announced a €6 billion package with assistance, tax cuts and one-off payments.

The main (and somewhat controversial) payment is the so-called “climate bonus and anti-inflation payment”, better known as Klimabonus in Austria. Residents of the country will receive €500 to help cushion the effects of climbing prices. Minors are entitled to half that amount.

The only criterium is that the recipient must have lived in Austria for at least 181 days in 2022 to be eligible for the payment. It doesn’t matter your nationality or employment status – if you have spent six months legally in 2022 in the country, you will get the money.

READ ALSO: When will Austria make the €500 anti-inflation payment and how do I get it?

Money vs voucher

The main difference between recipients is that some will receive the money automatically in their bank accounts and others will get a mailed voucher.

If your bank data is up to date with Austria’s financial institution FinanzAMT on their FinanzOnline portal, you should receive the payment straight to your account. If not, they will mail you the Klimabonus voucher via a secure letter – meaning you need to be at home to sign for it.

READ ALSO: How could Austria’s new electricity price brake benefit you?

There is also an option to have someone else sign the letter for you via a power of attorney form. You can read more about it here.

Once the voucher arrives and you sign for it, you need to redeem it. After that, it’s possible to use them in hundreds of locations, including supermarkets, bookshops and bookshops to thousands of stores.

READ ALSO: EXPLAINED: How Austria’s new finance measures could benefit you

You can check the nearest location that will accept your vouchers here.

Additionally, you can trade your vouchers (they come as ten €50 vouchers) for cash on the official Bank99, which is the bank owned by the Austrian Post and that can be found in hundreds of the Postal Service’s branches.

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