- Property Purchase
- Permanent Residency
- Hungary
Permanent Residency in Hungary through Investment
Hungary is a safe, good value, and friendly destination for people who want to live a high-quality life for less in Europe. Hungary offers one of the most appealing and special investment immigration programs to obtain residency in an EU or Schengen member state. Hungarian residents are free to live, work, and travel to and within Europe. Applicants can get a five-year residency permit upon their entrance to Hungary prior to any investment. Applicants need to make a minimum of 60 million forints investment in real estate plus €70,000 nonrefundable processing fee to gain lifetime residency for their entire family.
Real estate is actually great value in Budapest. It has amongst the cheapest per square meter prices in the EU with a gorgeous city location, right in the center of Europe.
About Hungary
Hungary is in Central Europe with hot summers and snowy winters and has a continental climate. The economy of the country is running on exports, and it is the largest producer of electronic equipment in central and eastern Europe. Some other major industries of the country are motor vehicles, pharmaceuticals, IT, tourism, and chemicals. The most populated city in Hungary is Budapest with one of the finest transport networks, business platforms, and industrial areas. The economy of Hungary is a high-income mixed economy, ranked as the 9th most complex economy according to the Economic Complexity Index.
Benefits of Hungary residence permit
Visa-free travel through Europe
Residents of Hungry are allowed to travel visa-free across the Schengen zone.
Residency of the whole family
Along with the investor, family members including the spouse and children under the age of 25 can also receive and have the benefits of a Hungarian residence permit.
Access to the EU healthcare and educational systems
Residents of Hungry can take advantage of high-quality and exclusive healthcare and educational services including universities, schools as well as hospitals, and clinics. It is crystal clear that these services are subject to charges.
No requirement to reside in Hungary
You and your family are allowed to live in Hungary without any limitation to how long you can stay. As a matter of fact, there is no minimum stay requirement either.
Process and Timeline
1.
Along with the applicant’s condition, we ask for the required documents. All the documents need to be translated into the language which is needed. Regarding the applicant’s nationality, they also need to be apostilled or legalized.
2.
We complete the required applications and book an appointment with the Hungarian Consulate or Embassy in the applicant’s home country.
3.
The applicant will attend the Consulate or the Embassy on the specified day and an interview may be conducted.
4.
Once the application is approved, a D-type Hungary visa will be issued for the applicant and the dependents.
5.
The applicant and their dependents will enter Hungary and do their biometrics.
6.
Five-year Residence cards will be issued.
7.
After proceeding with the residence application, the applicant is required to make the investment in 3 months and provide the related documents to the Immigration office.
8.
In line with our rapid investigation, our experts will advise you on the most legitimate and convenient investment options based on your desire.
9.
All the relevant documents will be collected under the supervision of our lawyers, and they need to be officially translated. In this step, all the property documents will be checked, and the purchase agreement contract will be arranged. Eventually, the property title deed will be issued in the name of the applicant and they will be submitted to Immigration Office.
Turkey office
0090-552-6309000 (Whatsapp)
0090-552-7309000 (Whatsapp)
Turkey Address : Unit 1106, 11th floor, Nurol tower, Izzetpaşa Mah., Mecidiyeköy, Şişli, Istanbul, Turkey
Postal code : 34381
Greece office
+30-697-476-0777 (Whatsapp)
13 Possidonos Ave., Alimos 17455, Athens, Greece
Postal code : 17455
United Arab Emirates
00971-562-88-33-00
Level 3.The office 3. one central. Dubai World Trade Centre
Email⁚ coo@baltoji.com
White bird group is a team of professionals with more than 10 years of experience providing services in the area of residence and second citizenship planning, financial planning and tax consulting.
