The 10+10 Year Permanent Residence Permit Investment Program:
The eligibility criteria include that applicants must fulfill the investment opportunities, as well as meet the following:
- Be a non-EU citizen
- Possess a valid passport or another foreign travel document
- Complete the background verification checks by filling out the datasheet
- Has no criminal record
- Authenticate the power of attorney and sign the consultancy and investment agreement with Europa Life Ltd.
- Pay the application fees according to the specified schedule
- Follow the Hungarian regulations necessary to obtain
the 10 + 10 year Hungarian residency card
The new “Golden Visa” program introduced by Hungary for 2024 offers three investment options,
which upon detailed examination are as follows:
€250,000
Real Estate Fund Investment:
This option allows investors to invest in real estate funds registered by the Hungarian National Bank. The minimum investment amount is €250,000. This is an appealing choice for those who want to invest in the real estate market without directly purchasing property.
€500,000
Real Estate Purchase:
This option involves purchasing residential real estate properties in Hungary worth at least €500,000. The properties should be free of liens and claims. This direct investment in real estate provides ownership and utilization of properties.
€1 Million
Public Trust Donation:
This option entails a minimum
€1 million cash donation aimed at supporting educational, scientific research, or artistic activities.
The donation is to be made to a public interest asset management foundation maintaining a higher education institution, contributing to the support of Hungary’s educational and research infrastructure.
These investment options not only contribute to Hungary’s economic development but also support local communities and institutions. Additional benefits of the program include family eligibility, immediate family reunification, access to Hungarian education and healthcare, and visa-free travel within the Schengen Area. There is no minimum stay requirement in Hungary, except for a visit to submit biometric data and collect residency cards.
This program is particularly attractive for those seeking to diversify their portfolio and establish a European Union base for themselves and their family. The dynamic Hungarian real estate market and Budapest’s popularity in the tech and startup community make it an appealing option. The city offers excellent flight connectivity and a cost of living that can be significantly lower than in Western European countries.
WHY CHOOSE HUNGARY?
- Hungary Passport is Ranked within the top 10 in the world
- VISA-FREE ACCESS to 188 countries
- Global Mobility – open doors to a world of opportunities, from travel and business to lifestyle and education
- It is rich in history and culture, offering a diverse range of services for its residents, including universal healthcare and high-quality education systems
- Hungary’s central location in Europe makes it an excellent base for exploring the rest of Europe while being easily accessible from various parts of the world
- The Hungarian capital Budapest, is the 8th most popular tourist destination in Europe, with over 8 million tourists visiting every year.
BENEFITS OF THE HUNGARIAN PROGRAM:
QUICK PROCESS
Only 12 – 16 weeks to receive the residence permit card,
FAMILY PACKAGE
Parents + children under 18,
VISA FREE TRAVEL
And relocation in all the 27 Schengen countries,
INCLUDED SOCIAL SECURITY
For the main applicant,
HUNGARIAN
CORPORATE TAX
9% only,
GRANDPARENTS CAN JOIN
With special conditions,
NO EDUCATIONAL BACKGROUND
Needed,
FREE PUBLIC SCHOOLS
For the children under 18,
NO MINIMUM STAY
Required,
ONE OF THE SAFEST COUNTRY
In the EU is Hungary.
APPLICATION PROCESS:
Quick, easy and reliable is what Europa Life Ltd. can guarantee. As long as all paperwork is prepared, our investors only need to enter Hungary once before receiving their permits. All you and your family have to do is collect the documents needed and take part in a simple interview at the Hungarian consulate closest to your residence.
0-2 weeks
– Signing the contract
– Compiling the necessary documents
– The project owner prepares all documents
– Consulate Interview
6 weeks
– The Hungarian Immigration Office approves
the application
– The Hungarian Consulate issues a 6 month guest
investor visa
12 weeks
– With the guest investor visa, the applicant travels to Hungary and chooses from the previously mentioned three investment options within 90 days
– The applicant submits the application for the 10 + 10 year residency permit in Budapest with our assistance
16 weeks
– The main applicant and their family will receive their
10 year residency permit, which is the longest valid period in the EU
Contact:
