The Hungarian residency bond scheme is rated as “The best immigration program in Europe”, alongside the residency programs run Portugal, Spain, and Greece.
In 2012 Hungary enacted a new legislation to strengthen its economy, welcoming foreign investors to purchase “Hungarian Government Special Bonds” equaling 300,000 euros, in exchange, a lifetime permanent residency status is given to investors. The investor program was introduced to the world as “Hungarian Residency bond scheme”.
The bond investment designated in EUR currency, is regarded as the best risk free investment in Europe. The entire investment is fully refunded to the investors after 5 year lockout period without revoking the residency status. Family and children are also issued lifetime permanent residency status.
- Lifetime EU permanent residence status (EC permanent residence card)
- Family and children get PR under family unification.
- Fast track residence permit in Hungary within 2 weeks
- No language tests. No medical tests. No education requirement.
- Low cost of living in Central Europe.
- Visa free movement in Schengen. Live in any EU Schengen country for 6 months maximum
- Live and work in Hungary
- Financing option possible for the entire investment.
- Risk free investment for 5 years in Euros
- Open to all country nationals. No restrictions on Iran, Syria, Iraq nationals
Hungarian investment program opens gateway to Europe. Holders of residence permit issued by Hungary is valid for travel in all 26 schengen countries including Switzerland, and under Schengen rules one can stay upto 90 days in 180 day period in EU schengen states for business or tourism purpose. No visa required to travel to non-schengen EU member states such as Bulgaria, Cyprus, Romania, Croatia, Moldova etc.
In addition, to the main investment, you may have to pay additionally total 60,000 euros, which is an all inclusive fee for Government, Due diligence fee, Lawyer and Agent charges. This fee also includes family members.
The processing time takes about more than 3 months. You have to start the visa process at the Hungarian consulate in your home country. You will be give a visa to visit Hungary to sign and biometric fingerprinting in front of Immigration authorities and to receive your ID card. No requirement to live or visit Hungary after this procedure.
You are free to invest in hungarian real estate market, after receiving your residency. You are only liable to pay taxes in Hungary, if you live more than 183 days per year, after you become a tax resident.
You can naturalize for hungarian citizenship after 8 years of uninterrupted living in Hungary with hungarian knowledge. According to a study Hungarian passport is rated as the top european passports in Europe with visa free access to over 138 countries in the world.
For more information, please refer to Hungary golden visa website.
