The next-generation Facility for Low energy Antiproton and Ion Research (FLAIR) at GSI is going to be a dedicated research facility for ion research in the keV range. These ion beams will allow to explore fundamental properties in matter-antimatter research at ultra-low energies of only 20 keV/q in hitherto impossible experiments. To provide these very low energy beams, the Ultra-low energy Storage Ring (USR), an electrostatic synchrotron, will play a major role within the FLAIR complex. It combines the electrostatic storage mode with deceleration from an initial energy of 300 keV/q down to 20 keV/q—as well as an efficient beam cooling. To fulfill its role as a multi-purpose experimental facility, the design of the USR has not only to cover in-ring experiments, but needs to include a highly flexible beam extraction for serving different external experiments as well.