You're right, although part of Canada's immigration system is designed to attract business people (henceforth capital) to Canada, on the other hand because Canada needs immigrants, due to Canada's small population compared to its size so it's reasonable for Canada to have such program.
But obviously Austria is not an immigrant destination, of course not to mention that it's densely populated compared to Canada, I think even comparison is ridiculous in this case.
As we all know the word "immigration" is mostly used when talking about the following countries: US, Canada, Australia and New Zealand. I personally wouldn't list the UK with the rest, but it depends on people's views.
Most interesting is that this website also mentions 2 other countries as well, There are 2 island nations in the Caribbean: 1- the Commonwealth of Dominica, 2- St. Kitts & Nevis.
Just like Austria, it's possible to get a passport from these countries as well, but the significance of Austria is that it is the only European country to offer this option.
But all in all, my guess is that it's reasonable for the 2 island nations to have such program simply becasue these are tourist destinations and what is needed for such places is the investment of money and flowing of capital to their economies, but I'm not sure whether the same thing should be said for Austria too!
amzad wrote:i think there are always corrupt officials who do this. in that case, you wouldnt see it advertised on any govt website. its true that austria is not very friendly to foreigners. i remember reading that germany has lowered their investment criteria but you dont get an immediate passport. would be nice though. even canada gives an immediate pr, not passport.
