Residency in Hungary

About Hungary:

• Hungary provides business residence for all foreign investors on equal terms, if they purchase a real estate through their company and generate profit from utilizing this property. Hungary is a full member of the European Union, and the residence permit issued by the Hungarian authorities is valid for the entire Schengen Area.
• The applicant has to establish a company in Hungary which invests at least €180,000 in real estate generating business income via renting out the property.
• The director of the company with his/her family members is eligible for business residence in Hungary for 2 years initially.

Benefits:                                

• Residency in an EU country – A residency permit in Hungary gives you the ability to live in Hungary year-round, and you will be able to freely move around the entire Schengen-zone visa free.
• Gain resident status for your whole family – Together with the main applicant, members of his/her family (spouse and under-18 children) will receive residency.
• An opportunity to live in the EU- Gaining residency in Hungary through business incorporation and then staying in the country allows you to receive permanent residency and then Hungarian citizenship in the future.

Who will receive Residency?

• The main applicant must be over 18
• The spouse
• Underage children of the main applicant

Condition Precedent:

1. Company incorporation in Hungary
2. Purchase a real estate in Hungary for a minimum of € 180,000
3. Obtaining the residency permit for you and your family

Time Frame:

• Receiving residency in this European Union country takes 3 months.

For a Free Consultation on Migrating to Hungary, Contact us, and an Immigration Consultant will be assigned to speak with you right away.