Hungary
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Hungary Residency by Investment
Located in Central Europe, Hungary has a rich history and culture. It is also a member of the European Union, which gives residents access to the Schengen Zone and all of the benefits that come with it.
Investment
€155,000
Processing time
3-6 months
Key benefit
Gain access to the European Union and live, work, and study freely.
The Hungary Residency by Property Investment program allows you to obtain a temporary European residence permit by investing in a residential property valued at a minimum of €155,000. The residential property must be completed, spacious enough to accommodate you and your family, and cannot have any existing tenants.
€155,000 (the minimum amount to cover a property purchase in Hungary)
€10,000 for each family member above the age of 18 and parents/grandparents
€60,000 application fee for the principal applicant and his qualifying immediate family members (a spouse and children)
Throughout the application process, you must confirm your intention to purchase a property that meets the above criteria within three months of receiving your residence permit card. You must sign the real estate sale and purchase agreement within this timeframe and provide a copy to the immigration authority.
The Hungary Residency by Property Investment program offers several benefits, including:
The ability to live and work in Hungary
Having the freedom to travel within the European Union
Social Benefits and healthcare rights
Access to the Schengen Zone
Having the right to study and work in any EU member state
After five years, permanent residency can be applied for
If you’re interested in getting a Hungarian residency permit through property investment, contact TEG Group today. TEG Group is a renowned supplier of immigration services and will assist you in the maze of applying for a Hungarian residency permit.
RESIDENCE BY INVESTMENT - CHECK YOUR ELIGEBILITY
faq
Our Clients Questions
Hungary is a great place to reside. There is a robust economy, stunning countryside, and vibrant culture. The cost of living is inexpensive, which makes it a popular choice for those who live abroad.
The Hungary Residency by Property Investment program offers several advantages, not least of these are:
- Ability to reside as well as work in Hungary
- Access to the Schengen Zone
- The freedom to move freely throughout the EU
- The ability to learn and work in the state of your choice. EU Member State
- A right to get medical and social services and other benefits.
- Eligibility to applying for permanent residence after five years
The criteria to be eligible for applying for the Hungary Residency by Property Investment program are simple. To qualify, you must:
- Invest in a residential property valued at a minimum of €155,000
- Have a readily available investment amount and enough funds to cover application fees
- Confirm your intention to purchase a property that meets the above criteria within three months of receiving your residence permit card.
TEG Group is a leading provider of immigration services and can help you navigate the complex process of obtaining a Hungarian residence permit through property investment. A comprehensive range of services is available from us, including:
- Property sourcing
- Legal assistance
- Visa and immigration assistance
- Aftercare support
If you want to obtain a Hungarian residence permit through property investment, don't hesitate to contact TEG Group today. You can contact us to discuss your options and get started on a new life in Hungary.