You might be eligible for another
Settlement Permit
("Niederlassungsbewilligung")
("Niederlassungsbewilligung")
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Generally, the Settlement Permit ("Niederlassungsbewilligung") has a validity of 1 year and can be extended for another year. After these 2 years, you can apply for a Settlement Permit with a validity of 3 years if you fulfil certain requirements.
With a Settlement Permit ("Niederlassungsbewilligung"), you can only work in a self-employed capacity. You cannot be employed as a salaried employee in a company in Austria.