Obtaining a residence permit in Hungary.
Hungary is not only a country that provides a lot of opportunities for business development, but also a country that can become your ideal place of residence. Unlike most European countries offering residence permits (hereinafter referred to as residence permits), provided they purchase real estate for a certain amount, or on condition of investing in fairly large amounts, Hungary gives an opportunity to obtain a residence permit by buying government bonds, which makes this program one of the most profitable and attractive.
Advantages of residence permit in Hungary.
Free movement within the territory of the Schengen countries The possibility of obtaining an education in Hungary Excellent prospect for doing business in Hungary There are no requirements for compulsory residence in the country, knowledge of the language and passing examinations Possibility of obtaining a residence permit for the whole family (spouse + minor children)
Procedure and conditions for obtaining residence permit.
The financial company, which has received permission from the Hungarian Parliament’s Economic Committee, issues bonds fully backed by Hungarian government bonds. A person who wishes to obtain a residence permit in Hungary, it is necessary to purchase a package of such bonds worth at least EUR 300,000. Bonds are purchased for a period of 5 years. After the expiration of this period, this amount is returned to the investor in full, without interest.
The amount of investments is paid to the depositary account of the company, which will accompany the process of obtaining a residence permit. Transfer from the depositary account will be made only when the investor receives a residence permit. This guarantees to the investor that in case of refusal by the Hungarian state authorities to issue residence permits, the money contributed by them will be returned, minus the minimum commission for maintenance (about EUR 2,500).
After completing the full procedure and purchasing a package of state. bonds, the investor is granted a residence permit for a period of 5 years. For the duration of the residence permit, the investor and his family must have a Hungarian registration address.
Six months later, the investor has the right to apply for permission to obtain a permanent residence (permanent residence). To do this, you need to contact the relevant service of the Office of Immigration and Citizenship of Hungary or the Hungarian Consulate.
In the event that the investor does not apply for permanent residence, his right to stay in Hungary remains in effect until the expiration of the residence permit. The amount of investment in this case will also be returned to the investor in full.
All documents for obtaining a residence permit can be submitted through the Hungarian embassy in Russia and Ukraine.
The uniqueness of the program is that the process of obtaining a residence permit does not require complicated procedures for its execution and is quite fast, unlike other possible programs for obtaining such status (an investor can get a residence permit for a period of 5 years within a month).
N. B. For administrative expenses, it is necessary to pay about 60 000 EUR. This amount is fully paid in advance and is not refundable. The amount covers the costs associated with accompanying the procedure for obtaining residence permit in Hungary for the investor and his family members, such as & ndash; state fees, services of lawyers, notaries, translators and consultants, including checking the origin of funds and the so-called “check” background check & raquo ;.
Fast and confidential.
A qualified specialist will give a free consultation on the phone, help you decide and appoint a meeting at a convenient time.
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Obtaining a residence permit in Hungary.