Motivated with Hungary Immigration and Getting Hungarian Residency?
Hungary Immigration and Getting Hungarian Residency is a dream of many. The widely favored immigration hotspot is an active member of the European Union (EU) and is associated with Schengen. To maintain its dignity, the nation follows stringent immigration rules.
The country has low cost of living. This means more savings and less expense. It also makes Hungary a valuable country in the whole of Europe. Who does not want to immigrate to a country like Hungary, and if you get Hungarian permanent residence (PR) there is nothing like it.
Hungary Immigration and Getting Hungarian Residency is two different and difficult thing but very much possible.
If you want to immigrate to the destination and have an eye Hungarian Residency, then following are the pathways:
Hungarian Residency Bond Programme
Introduced in 2012, it is an exceptional pathway for foreigners, especially the non EU citizens, to obtain the much prized Hungarian Residency. Prospective immigrants need to make an investment of EUR 300,000, by purchasing specially issued bond by the Hungarian Government Debt Management Agency with a maturity period of not less than five years. However at the end of the five years, net capital will be returned without any interest. In return, permanent residence visa is issued for you with 45 days of purchasing the bonds.
You may immigrate to the European nation along with your family members (children below 18 years), once the bonds get mature, your net amount is refunded and you successful retain the permanent residence status.
Hungary Business Immigration
Hungarian PR may also be obtained through Hungary Business Immigration programme. To meet the requirements and be accepted, all you have to do is to register a company in your name, and easily immigrate to Hungary along with your family members (children below the age group of 18).
Many overseas people prefer KFT (single person owned LLC) form of company. The minimum investment is of EUR 10,000. The company formation does not take more than 12 working days. Hungary is a business friendly country with cooperate tax of jut 10%. On a small scale company is issued a VAT number and is asked to file tax annually. Hungary encourages foreign business professionals to arrive and start a business venture in country.
Once a company is formed and all the necessary documents are obtained, you may submit an application for a long term visa. Initially, you will be issued a ‘C’ Entry Visa for 30 days, and once you reach the nation, you along with your family members will be issued a Hungarian Residency. This requires a renewal each year and after five years you may successfully present an application for Hungary Citizenship and become a proud citizen.
Apart from this, you may also submit an application for the Hungarian Entrepreneur Residency Program (HER Programme). It requires an investment of EUR 10,500. Eligible applicants may soon submit a petition for Temporary Residence, and after successful completion of three years, they may put forward an application for Hungarian Residency. The programme stands valid for the applicant’s family members as well.
What are the benefits of Hungarian Residency?
Residency of Hungary comes with several advantages even as some of them are being mentioned here under:
- Single application is processed for the main applicants and all family members automatically stand valid to obtain Hungarian Residency.
- Fast processed without wasting unnecessary time.
- Free and easy travel within the Schengen Zone for a fixed period of 90 days.
- Access to many social benefits, and this includes among others free education.
For Hungary Immigration and getting Hungarian Residency effortlessly and with ease you are advised to get in touch with visa and immigration professionals dealing with the nation. They will help you not only move to the nation without any major difficulties but obtain its prized residency. Bureaus of these experts can be found across almost every leading Indian city.