Hungary Residence Permit
Hungary is located in Central Europe with the beautiful capital city Budapest. From ancient times till now, Hungary has always been a bridge between East and Western Europe. Hungary is a member of many international organizations such as OECD, NATO, European Union and Schengen Treaty.
If you are planning to move to Hungary to work or business, or simply look for a safe European country with a reasonable standard of living to acquire an EU residence permit, Hungary is a great choice.
Benefits:
- Holders of Hungary residence permits enjoy freedom of movement within the 27 Schengen countries.
- Low cost of living and business expenses.
- Attractive tax policies, with a 9% corporate tax and 15% dividend tax.
- Favorable conditions for establishing and developing businesses in the European Union.
- A peaceful and welcoming living environment with a mild climate.
- High-quality education system in Hungary, including public, private, and international English-speaking schools.
- Residence permits are issued for three generations of the applicant's family, including spouse, children under 21, and parents over 60.
- Access to a free public education system.
- The fastest residence permit approval and issuance process in Europe, typically within 4 weeks.
Eligibility:
- Main applicants must be 18 years or older.
- No criminal record.
- Hold valid European health insurance with a minimum coverage of €50,000.
- Make a minimum real estate investment of €150,000.
- Maintain a savings account with a balance equivalent to €150,000.
Family Members Included:
- Spouse of the main applicant.
- Children under 18 years of age.
- Adult children over 18 with disabilities or proof of financial dependence on the main applicant.
Estimated Costs:
- Minimum real estate investment of €150,000.
- Legal fees for the authorization.
Procedure and Timeline:
- Sign a consulting agreement and appoint a lawyer.
- Pay for the service.
- Complete personal data forms and provide necessary documents for initial assessment.
- Prepare the required documents for the residence permit application.
- Schedule an interview with the embassy or consulate.
- Logos will transfer the application and supporting documents to the applicant before the interview.
- During the interview, provide necessary documents, and have fingerprints taken. The interview results will be communicated within 30 days.
- The immigration authority will make a decision to grant the residence permit. The D visa will be issued by the embassy or consulate, and no visit to Hungary is required.
- Physical residence permits will be issued within the following 10-12 business days.
- Appoint our lawyer to collect the residence permit on your behalf and send it to you.
- Purchase real estate within 3 months of receiving approval for the residence permit.