New Hungarian Residency by Investment Program
Affordable Pathway to European Living
A new and highly accessible program for Hungarian Residency by Investment has been unveiled, offering individuals an affordable and straightforward route to a European lifestyle. With a minimum investment starting from €155,000 in Hungarian real estate, this program presents an enticing opportunity for aspiring residents.
Hungarian Residency By Investment Requirements
Under the new program, investors must demonstrate sufficient funds in a deposit or personal account to cover the real estate purchase price and sustain themselves and any accompanying family members. However, unlike many other residency programs, investors are only required to make the real estate investment after their residency application has been approved.
Advantages Of The Hungarian Residency By Investment Program
The program boasts several key advantages for investors. Residency cards are issued within a remarkably short time frame of 4 to 6 months from the date of application, with high approval rates. Furthermore, the program allows for the inclusion of the main applicant’s spouse and children below 18 years of age as dependents.
Additional fees apply for the inclusion of dependent children above 18 years and dependent parents, with no age restrictions for parents and in-laws. However, proof of financial dependency is required for children above 18 years of age and parents of the main applicant and spouse.
Travel Rights Under The Hungary Residency By Investment Program
As a member of the Schengen zone, the European Union, and NATO, Hungarian residency provides access to the vast opportunities and advantages associated with these prestigious memberships. This includes the freedom to travel and reside in any of the 26 Schengen Area countries, facilitating business expansion, trade prospects, and enhanced personal mobility.
