Hungary Residency - IPC

Hungary Residency

THE FASTEST AND EASIEST WAY TO GET RESIDENCY PERMIT

HUNGARY PERMANENT RESIDENCY:

  • Methods of Investment for Permanent residence permit:
    - Investment of 300,000 Euros in Government bonds with a maturity of 5 years
    - Real estate investment for 200,000 Euros
  • Max ages that Children can be included on a Permanent residence permit application:
    - Children under 18 years old are eligible
  • Years for Permanent residence permit to lead to Citizenship:
    - A
  • When exactly does an applicant become a Permanent residence permit holder?
    - Within 2-3 months after the investment
  • When does a Permanent residence permit holder become a Citizen?
    - After 8 years of living in Hungary plus knowledge of Hungarian language
    - If you are married to a Hungarian citizen and/or are the parent of child who is Hungarian and is a minor and/or hold refugee status, you can make a Citizenship application after 3 years of residence in the country
  • Visa free access to Schengen countries
  • Fully guaranteed investment returned in full after five years
  • Right to live and work in Hungary
  • Immigrate with Family
  • Affordable living cost
  • No minimum qualification or language skills required
  • Low crime rate
  • Fast Hungary has the lowest corporate tax rate of the European Union, Permanent residence permit processing time-frame

WHY HUNGARY:

  • Hungary is known for its safety and that’s one of the reasons for the increasing number of tourists coming to our country every year (28th country on the Better Life and Safety OECD Index)
  • excellent public education
  • virtually no violent street crime
  • Opportunity to have a safe harbor in a beautiful country with a great return
  • Fast processing leading to EU permanent residency for life in under 30 days
  • Free movement throughout Europe’s Schengen zone
  • Hungary has advantageous taxes for companies and individuals. The corporate income tax is between 10 and 19%, lower than in other European countries like France or the United Kingdom. The personal income tax has a flat rate of 16%. This competitive tax system is aided by certain tax incentives and allowances
  • The Hungarian government encourages investments and competitiveness through a range of incentives. This state aid can be either refundable or non-refundable. Special attention is offered to the progress of research and development activities and R&D investments. VIP investment subsidies are available for investors in Hungary and they are offered in certain cases

ABOUT HUNGARY:

  • Official Name: Republic of Hungary
  • A Form of Government: parliamentary
  • Capital: Budapest
  • Population: 9,684,932
  • Official Language: Hungarian
  • Currency: forint
  • Area: 93,030 km2
  • Education: Hungarian language
  • Culture: mixed culture (Hungarian, German, Slovak, Serbian)
  • Environment: agriculture
  • Health Care: 30th out of 35th in Europa low quality
  • Taxation: very high up to 39%
  • Tourism: top mark in Europa in tourism
  • Weather: moderate
  • Politics: stable
  • Schengen: yes
  • Religion: Christian and catholic

QUALIFICATION CRITERIA:

  • Investment in real estate or government bonds
  • Criminal record
  • Bank Statement of the last 6 months
  • Source of funds
  • Proof of investment
  • Health insurance coverage
  • Birth certificate
  • Employment contract (if employed)
  • Business license (if self-employed)
  • Income tax return
  • 2 Passport format photos
  • Valid passport
  • Cover letter stating the purpose of the visit to Hungary
  • Translation of documents
  • Marriage certificate (if applicable)

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