program
Hungary Residency by Investment
Program Overview
Minimum Investment
€500,000 Real Estate
Minimum Investment
€250,000 Property Funds Investment
Time to Residency
4-6 Months
Visa Free Access
Schengen Countries
Hungary Residency by Investment Requirements
Hungary’s Permanent Residency Program offers a gateway to residence in this vibrant European nation, providing an attractive option for individuals seeking long-term relocation.
To be eligible to apply for this program, you must be over 18 years old, in good health, and without a criminal record.
Main Applicant Requirements
- 18+ years of age
- Good health
- No criminal record
- Successfully pass due diligence checks
- Confirmed investment sources
Eligible Dependents
- Spouse of the main applicant
- Children above the age of 18 enrolled in an education institution and dependent on the main applicant.
- Parents
- Parents in-law
Hungary Residency by Investment Benefits
Straightforward process
This opportunity comes with no language, residency, or knowledge requirements and offers the advantages of a favorable tax system, providing lifestyle and financial security within the EU’s stable economic and political environment.
Minimum Physical Residency
Successful investors are required to maintain property and a registered address, but there’s no need for physical residency.
Dependents
This program allows you to include your spouse, unmarried children, and parents on a single application.
Permanent Residency
The initial residency permit is valid for five years and can be easily renewed.
Visa-free travel
Benefit from access to the highly sought-after Schengen Zone in the European Union.
HUNGARY | Residency by Investment
Legal Basis
As per the Hungarian Permanent Residency Act CCXX of 2012 amending Act II of 2007 on the Entry and Residency Requirements of Third-Country Citizens Article 1(4) 4): For Paragraph (3), a third-country citizen’s stay in Hungary is considered to be “in the interest of the national economy” in particular if: a) The third-country citizen who applies verifies that he/she own(s) security with a face value of at least EUR 300,000 and with a maturity of at least five years”.
Costs of Hungary Permanent Residency
Minimum investment
EUR 250,000
Application fee
EUR 60,000
Additional Dependents
EUR 10,000
Minimum investment
EUR 500,000
Application Process For Hungary Permanent Residency
Application Process
4-6 months
- Step 1Savory & Partners shall pre-screen your passport copy for Government pre-approval to ensure fast processing. A down payment of the professional fees will be required to open your application.
- Step 2At this phase, the investor initiates their application for a temporary Category D visa, which grants them the opportunity to proceed with the residency process. The government will perform its official due diligence and background checks as part of the immigration procedure. The entire application process can be completed remotely through the investor's nearest Hungarian consulate or embassy.
- Step 3Upon approval of the visa application, the investor is required to visit Budapest to provide biometric data and collect the residency card in person. The initial residency is valid for 12 months and allows for a single entry into Hungary to finalize the Golden Visa and property acquisition.
- Step 4The investor is now tasked with identifying the property of their choice and making the necessary 10% down payment to secure the property.
- Step 5Upon receiving the final approval, the remaining program fees and property expenses must be settled within 90 days. A certificate of ownership is issued upon payment.
- Step 6Once the real estate transaction is successfully completed, Hungary automatically converts the Category D visa into a long-term 10-year residency card, which can be renewed as long as property ownership is maintained and a valid address in Budapest is retained.
PORTUGAL | RESIDENCY BY INVESTMENT
READY TO APPLY?
Visa-free Countries for Hungary Residency
Visa-free and visa-on-arrival countries
26 Countries & Territories
Visa-free access (26 countries & territories)
- Austria
- Belgium
- Czech Republic
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Iceland
- Italy
- Latvia
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Norway
- Poland
- Portugal
- Slovakia
- Slovenia
- Spain
- Sweden
- Switzerland
Client Success Stories
Success Stories - A safe and bright future
The problem
Our Indian client, a business owner and single parent was looking for long-term residency in a country that would ensure quality education and safety for his daughter. With a successful business set-up in his home country, he could not consider relocating as it would limit his growth opportunities. At the same time, he wanted to secure a bright future for his daughter ensuring world-class education but was also wary about her well-being and safety. Above all, recently divorced, it was challenging for the client to procure documents for his daughter.
The solution
When the client approached Savory & Partners, we considered the many sentiments involved including that of a father, a dedicated businessman and a single parent. We understood his requirement and prepared a strategy that would not only serve his personal life positively but would see his business grow by leaps.
We recommended Portugal, not just for the simplicity of obtaining a residence permit but its exceptional education system and healthcare. Portugal is known for its outstanding higher education institutions.
Portugal has a lot of different immigration options available. The passive income - the D7 visa, the newly christened Digital Nomad Visa and the option that is tailor-made for businessowners - the Portuguese D2 visa.
Our client could fulfill his residency requirements while also maintaining an active management role in his company without worrying about spending too much time outside of Portugal.
With residential flexibility of the Golden Visa, his daughter could relocate to Portugal immediately and he could fulfil his residency requirements while also maintaining an active management role in his company back home without worrying about spending too much time outside of Portugal. As of 2021, Portugal is globally ranked in the top ten in terms of ease of registering a company. Meaning our client would not only go ahead and bring his existing business to Portugal but could venture into new business opportunities across Europe.
Approaching Savory & Partners to undertake his residency application ensured that the client would have all the necessary documents for himself and his daughter ready on time. Our agents oversaw that all requirements for a successful due diligence were also fulfilled.
Download brochure
Content
- Hungary Country profile
- Benefits of the program
- Investment requirements
- Investment process
Length
4 pages
Language
English & Arabic
size
1 mb
ABOUT HUNGARY
CAPITAL
Budapest
TOTAL AREA
93,030 km²
POPULATION
9.71 million
LANGUAGE(S)
Hungarian
CURRENCY
Forint (HUF)
EXCHANGE RATE
1 USD = 359.69 HUF
GDP – PER CAPITA (2022)
USD 19,385
GDP – TOTAL (2022)
USD 188.5 billion
About Hungary
Lying at the heart of Europe, The Republic of Hungary lies at the crossroads between the east and west between Europe and Asia. This small landlocked country has a long and rich history and is one of the most visited cities in Europe. Established in 2012, the Hungary Investor Residency Bond program offers applicants a host of advantages.
Officially known as the Republic of Hungary, the nation is home to 9.9 million people.
The capital Budapest is one of Europe’s largest and most beautiful historic cities. Budapest is also one of the largest cities in Europe.
The currency is the Hungarian Forint (HUF). However, it is obliged to adopt the Euro at a future date as a condition of EU membership.
The country is a member of NATO, EU, OECD, WTO (World Trade Organization) and is part of the Schengen zone, which allows free movement of people across member states.
The country has a stable political parliamentary democracy.
The economy is classed as medium-sized, upper-middle-income, structurally, politically and institutionally open.
Principle industries include construction materials, metallurgy, mining, processed foods, textiles, pharmaceuticals and motor vehicles.
Its main agricultural products are wheat, corn, sunflower seed, potatoes, sugar-beets; pigs, cattle, poultry, and dairy products.
Hungary has a reputation for high standards of education, with an emphasis on mathematics, technology and science.
Hungarians boast a long repertoire of inventions from the ballpoint pen, rubrics cube, modern transformer, plasma television, cathode ray tube to the electron microscope.
Hungary has a highly developed road, railway, and air and water transport system.
Personal income tax is 16% and corporate tax varies between 10% and 19%. All other income outside is non-taxable.
Where is Hungary?
Hungary is a landlocked country in central Europe bordered by Slovakia and Austria to the north, Ukraine and Romania to the east, Slovenia to the west, and Croatia and Serbia to the south.
HUNGARY | Residency by Investment
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