Our Customer Relations Managers provide expert guidance and valuable insights to support you throughout the EU VISA application process.
NEXT GENERATION INVESTMENT IMMIGRATION PROGRAM WITH HELLO EU VISA
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HUNGARIAN GUEST INVESTOR PROGRAM
PROCEDURES
An applicant must first secure a Guest Investor Visa and indicate their commitment to one of the investment options during the visa application process, although completing the investment is not required at this stage.
After receiving the Guest Investor Visa, the applicant must travel to Hungary, where they must finalize their investment within three months. They will then apply for a Guest Investor Residence Permit with the immigration authority or through the electronic platform, Enter Hungary, within 93 days of their initial entry. Proof of investment must be submitted along with the application. Once all requirements are fulfilled, no additional travel to Hungary is necessary.
The applicant, along with their qualifying spouse and children, will be granted a long-term residence permit valid for 10 years, which can be renewed for another 10 years provided the investment is maintained.
CITIZENSHIP
Acquiring Hungarian Citizenship After Holding a Hungary Guest Investor Residence Permit.
A Guest Investor can qualify for permanent residency in Hungary after legally residing in the country for at least three years before applying. From 1 January 2025, applicants will also be required to pass a written cultural exam in Hungarian.
Hungarian citizenship may be obtained following permanent residency, typically after a minimum of eight years of residence. However, certain exceptions may apply for Hungarian minor children or spouses. The requirement to pass a Hungarian cultural exam remains compulsory.
THE INVESTMENT FUND
A certificate must be obtained from either the real estate fund manager registered with the Hungarian National Bank or the distributor of the investment fund share, confirming the issuance of an investment fund share worth EUR 250,000 in the name of the third-country national. Additional professional and legal fees apply to clients.
What is this Qualifying Funds? Applicants must hold an investment fund share issued by a real estate fund for a minimum of five years. The fund’s net asset value must consist of at least 40% investments in residential real estate in Hungary. Additionally, the real estate fund manager must either possess at least a simplified site security certificate or be listed in the register under Act XXX of 2016 on Defence and Security Procurement.
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LEARN MORE
What is Hungary Golden visa?
“The Hungarian Investor Immigration Program (“Program”) allows third country nationals (non-European Union citizens) to acquire Hungary’s permanent residency status through investment. It remains the most popular golden visa program in Europe.
Has the Guest investor program started accepting applications?
Yes, we are signing new clients.
Can I include family members?
Yes, Spouse and children under 18 can apply.
What is Hungary Guest investor visa and Guest investor permit?
The Guest investor visa issued by Hungarian embassy valid for 6 months. The Guest investor residence permit (valid for 10 yrs) issued by Immigration office in Hungary.
Is Hungary a schengen country?
Yes, Hungary signed the schengen agreement. The visas and residence permits issued by Hungary is valid in all schengen states, including Switzerland. The currency in Hungary is “Hungarian forint (HUF) which is approximately 4mai00 forints for 1 euro.
Can I live and visit EU Schengen member states?
- Yes, with a valid Hungarian ID card (residence permit card), you visit all the 28 schengen states for business or tourism purpose. You can also live in these countries for maximum 180 days in 6 month period,
- AT Austria BE Belgium BG Bulgaria CH Switzerland CY Cyprus CZ Czech Republic DE Germany DK Denmark EE Estonia EL Greece ES Spain FI Finland FR France HR Croatia HU Hungary IE Ireland IS Iceland IT Italy LI Liechtenstein LT Lithuania LU Luxembourg LV Latvia MT Malta NL Netherlands NO Norway PL Poland PT Portugal RO Romania SE Sweden SI Slovenia SK Slovakia UK Romania and Bulgaria joining schengen zone from March 1, 2024.
- You can also visit Non-Schengen EU member states with Hungarian residence card such as
- Bulgaria, Croatia, Romania, Cyprus, Bosnia, Moldova, Montenegro, Georgia. You can also visit Turkey with e-visa using your Hungarian card.
- UK does not belong to Schengen zone, so to visit UK you will need a separate UK visa. Hungarian card is not valid to visit UK.
Is the Golden visa program approved by the Government?
Yes, it is fully backed by the Hungarian Government.
Is the Government fee paid refundable?
No, it is a non-refundable payment once your application is approved.
What exit strategy after 5 year period?
- You will get back the 250,000 euros, money you paid after 5 years.
- You will still keep the PR issued by Hungary.
- No need to subscribe the Fund’s shares again.
- There will be no change in Permanent resident status
What are the eligibility conditions to apply under the scheme?
- The main applicant must be over the age of 18.
- No criminal record.
- Spouse included
- Sibling and grandparents can be included if they cannot support themselves
- No language, age, or working experience requirement.
Can I appoint a representative to handle my case from abroad?
Yes you can.
What documents are required?
Valid passports, ID cards, Police record certificate from country of origin. Health Insurance covered in Hungary, Marriage certificate (must have apostile)
What if the application is rejected by Hungarian authorities?
You can appeal the decision within 8 days. Your investment will be refunded, minus any applicable costs.
Are there any residency requirements to live in Hungary?
Once granted the permanent residency, there is no residency obligation to live in Hungary. However they are free to enter and exit any schengen country.
Can we get PR status for newly born children?
If the child is newly born in Hungary, then parents (holding PR status) can file directly with the local immigration office BAH for the child’s permanent residency application.
Is it possible to get Hungarian citizenship under this program?
Yes, you can get Hungarian citizenship and passport after 8 years of living through naturalization. You will also need to pass Hungarian language test and take an oath.
Can I work under the golden visa scheme?
Yes, you or your family members can work under the program.
Investors – The Guest residence permit entitles its holder to pursue activities independently, for remuneration or act as a chief executive of a business organisation, cooperative or other legal entity established for the purpose of gainful activity.
Family members – The Guest residence permit for family reunification entitles its holder to perform actual work for or under the direction of others, for remuneration, under contract for employment relationship.
Can i buy a real estate in Budapest?
Yes, with the residence permit card, you are allowed to buy housing or real estate property in Hungary after you get approved under the golden visa scheme.
In Hungary, do I have to pay taxes?
You only become a tax resident if you reside there for more than 183 days a year. You will receive a tax ID card from the Hungarian Tax Authority (NAV), and it is advised that you have one.
How can I become a citizen of Hungary?
In Hungary, the Guest Investor Visa offers a route to EU citizenship naturalisation. You have to spend eight years living in Hungary continuously. must also pass a test on Hungarian language and culture.
What is the success and approval rate?
Because of our prompt and precise preliminary screening and professional skills, our staff has a 100% approval rate.
Does authorisation exist for HELLOEUVISA?
Yes, Indeed, HELLOEUVISA has the authority to manage and counsel prospective clients as a contracted partner.