{"id":42686,"date":"2023-11-08T11:37:20","date_gmt":"2023-11-08T07:37:20","guid":{"rendered":"https:\/\/www.savoryandpartners.com\/?p=42686"},"modified":"2023-11-14T10:49:08","modified_gmt":"2023-11-14T06:49:08","slug":"invest-in-hungary-a-simple-route-to-residency","status":"publish","type":"post","link":"https:\/\/old.savoryandparnters.com\/blog\/invest-in-hungary-a-simple-route-to-residency\/","title":{"rendered":"Invest in Hungary: A Simple Route to Residency"},"content":{"rendered":"<p>For those looking for a simplified route to obtain a residency permit within the EU, Hungary has an extremely simple <a href=\"https:\/\/old.savoryandparnters.com\/programs\/residency-by-investment\/hungary\/about\/\">residency by investment program<\/a> that is based on real estate investment.<\/p>\n<p>The country boasts a robust and diverse economy, characterised by a strong industrial base, a burgeoning technology sector, and an increasingly competitive position within the European market.<\/p>\n<p><span class=\"TextRun SCXW197947500 BCX0\" lang=\"EN\" xml:lang=\"EN\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW197947500 BCX0\" data-ccp-parastyle=\"heading 2\">Hungary\u2019s Residence Permit Program<\/span><\/span> offers a gateway to residence in this vibrant European nation, providing an attractive option for individuals seeking long-term relocation.<\/p>\n<h3 style=\"text-align: center;\"><span style=\"color: #c9a471;\"><em><strong><span class=\"TextRun SCXW30662455 BCX0\" lang=\"EN\" xml:lang=\"EN\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW30662455 BCX0\">Hungary&#8217;s <\/span><\/span><span class=\"TextRun SCXW30662455 BCX0\" lang=\"EN\" xml:lang=\"EN\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW30662455 BCX0\">Residence Permit<\/span><\/span><span class=\"TextRun SCXW30662455 BCX0\" lang=\"EN\" xml:lang=\"EN\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW30662455 BCX0\"> Program Requirements<\/span><\/span><\/strong><\/em><span class=\"EOP SCXW30662455 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/span><\/h3>\n<p>To qualify for the program, investors need to:<\/p>\n<ul>\n<li>Have a clean criminal record.<\/li>\n<li>Be above 18 years of age.<\/li>\n<li>Invest a minimum of \u20ac155,000 in real estate in Hungary.<\/li>\n<li>Have sufficient funds to maintain themselves and their family within Hungary without access to public funds.<\/li>\n<li>Be able to provide proof of the source of funds.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/old.savoryandparnters.com\/blog\/new-portugal-golden-visa-rules-come-into-effect\/\"><em><strong>A Businessperson\u2019s Guide to Residency &amp; Second Citizenship<\/strong><\/em><\/a><\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: center;\"><span style=\"color: #c9a471;\"><em><strong><span class=\"TextRun SCXW114069836 BCX0\" lang=\"EN\" xml:lang=\"EN\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW114069836 BCX0\" data-ccp-parastyle=\"heading 2\">Hungary&#8217;s <\/span><\/span><span class=\"TextRun SCXW114069836 BCX0\" lang=\"EN\" xml:lang=\"EN\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW114069836 BCX0\" data-ccp-parastyle=\"heading 2\">Residence Permit<\/span><\/span><span class=\"TextRun SCXW114069836 BCX0\" lang=\"EN\" xml:lang=\"EN\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW114069836 BCX0\" data-ccp-parastyle=\"heading 2\"> Program <\/span><span class=\"NormalTextRun SCXW114069836 BCX0\" data-ccp-parastyle=\"heading 2\">Process<\/span><\/span><span class=\"EOP SCXW114069836 BCX0\" data-ccp-props=\"{&quot;134245418&quot;:false,&quot;134245529&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/strong><\/em><\/span><\/h3>\n<p>The process is as simple as the requirements, all investors need to do is:<\/p>\n<ul>\n<li>Choose a property (or properties).<\/li>\n<li>Open a bank account in Hungary and deposit the investment amount and maintenance funds (optional).<\/li>\n<li>Make a down payment of 10% on the chosen property.<\/li>\n<li>Submit a full application.<\/li>\n<li data-leveltext=\"\u25cf\" data-font=\"Calibri\" data-listid=\"1\" data-list-defn-props=\"{&quot;335551500&quot;:921626,&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\u25cf&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"10\" data-aria-level=\"1\"><span data-contrast=\"auto\">Once approved, an investor must enter Hungary with their family for biometrics and then obtain temporary residence permits.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\u25cf\" data-font=\"Symbol\" data-listid=\"24\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\u25cf&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"11\" data-aria-level=\"1\"><span data-contrast=\"auto\">Within 90 days of obtaining the residency permits, the investor must show proof of the property acquisition in Hungary in their name.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/li>\n<\/ul>\n<p>The entire process is very quick, taking, on average, three months to complete, and the documentation is minimal.<\/p>\n<p>Applicants do not need to open a bank account in Hungary, but it is advised that they do, as this will greatly simplify the due diligence process and increase the chances of approval.<\/p>\n<p>Applicants do not need to reside in Hungary to maintain their residence permit, which has a validity of up to five years, but they must maintain their investment to renew it.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/old.savoryandparnters.com\/wp-content\/uploads\/2023\/11\/Invest-in-Hungary-A-Simple-Route-to-Residency2.jpg\" width=\"1600\" height=\"900\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/old.savoryandparnters.com\/blog\/new-portugal-golden-visa-rules-come-into-effect\/\"><em><strong>Your Citizenship By Investment Application Was Submitted, What Happens Next?<\/strong><\/em><\/a><\/p>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: center;\"><em><strong><span style=\"color: #c9a471;\"><span class=\"TextRun SCXW122138841 BCX0\" lang=\"EN\" xml:lang=\"EN\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW122138841 BCX0\">Hungary&#8217;s <\/span><\/span><span class=\"TextRun SCXW122138841 BCX0\" lang=\"EN\" xml:lang=\"EN\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW122138841 BCX0\">Residence Permit<\/span><\/span><span class=\"TextRun SCXW122138841 BCX0\" lang=\"EN\" xml:lang=\"EN\" data-contrast=\"none\"> <span class=\"NormalTextRun SCXW122138841 BCX0\">B<\/span><span class=\"NormalTextRun SCXW122138841 BCX0\">enefits<\/span><\/span><span class=\"EOP SCXW122138841 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/span><\/strong><\/em><\/h3>\n<p>The program comes with a plethora of <a href=\"https:\/\/old.savoryandparnters.com\/programs\/residency-by-investment\/hungary\/benefits\/\">benefits<\/a>, such as:<\/p>\n<ul>\n<li>Adding family members &#8211; an applicant can add their spouse and dependent children to the application.<\/li>\n<li>Obtaining visa-free access to the Schengen Zone.<\/li>\n<li>Quick and simple process.<\/li>\n<li>No residency requirement &#8211; the temporary residence permit is tied to the investment and investors do not need to reside in Hungary to maintain their status.<\/li>\n<li>A solid &#8220;Plan B&#8221; &#8211; the lack of any residence requirement and affordable pricing makes it a great contingency plan to hedge against economic or political instability.<\/li>\n<li>Top-tier education opportunities.<\/li>\n<li>Access to the EU market.<\/li>\n<\/ul>\n<p>To know more about the Hungarian Residency by Investment Program or proper immigration planning anywhere in the world, contact us today to schedule a consultation with one of our experts.<\/p>\n<p><iframe loading=\"lazy\" title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/eBrK972tx4o?si=r7hmNy5psQWQZ9VM\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><\/iframe><\/p>\n<p><span data-contrast=\"none\"><span id=\"hs-cta-wrapper-3980b7cd-7f65-4936-add2-8f19e5386912\" class=\"hs-cta-wrapper\"><span id=\"hs-cta-3980b7cd-7f65-4936-add2-8f19e5386912\" class=\"hs-cta-node hs-cta-3980b7cd-7f65-4936-add2-8f19e5386912\"><a href=\"https:\/\/cta-redirect.hubspot.com\/cta\/redirect\/4600110\/3980b7cd-7f65-4936-add2-8f19e5386912\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" id=\"hs-cta-img-3980b7cd-7f65-4936-add2-8f19e5386912\" class=\"hs-cta-img aligncenter\" src=\"https:\/\/no-cache.hubspot.com\/cta\/default\/4600110\/3980b7cd-7f65-4936-add2-8f19e5386912.png\" alt=\"Apply Today\" width=\"300\" height=\"75\" \/><\/a><\/span><\/span>\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<h3 id=\"book\"><em><strong>Our Availability<\/strong><\/em><\/h3>\n<p>We are available on every channel convenient for you.<\/p>\n<ul>\n<li><strong>Landline:<\/strong>\u00a0+971 (0) 4 430 1717<\/li>\n<li><strong>Mobile Phone:<\/strong>\u00a0<a href=\"tel:+971544402955\">+971 54 440 2955<\/a><\/li>\n<li><strong>WhatsApp:<\/strong>\u00a0<a href=\"https:\/\/wa.me\/971544402955\">+971 54 440 2955<\/a><\/li>\n<li><strong>E-mail:<\/strong>\u00a0<a href=\"mailto:contact@savoryandpartners.com\">contact@savoryandpartners.com<\/a><\/li>\n<li><strong>Signal:<\/strong>\u00a0+971 54 440 2955<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>For those looking for a simplified route to obtain a residency permit within the EU, Hungary has an extremely simple residency by investment program that is based on real estate&#8230;<\/p>\n","protected":false},"author":22,"featured_media":42689,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4777],"tags":[4810,5759,5760,4800],"class_list":{"0":"post-42686","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blog","8":"tag-hungary","9":"tag-real-estate","10":"tag-real-estate-investment","11":"tag-residency-by-investment"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.1 (Yoast SEO v23.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Invest in Hungary: A Simple Route to Residency - Second Citizenship by Investment, Second Passport Programs - Savory &amp; Partners<\/title>\n<meta name=\"description\" content=\"For a simplified route to a residency in the EU, Hungary has favourable residency by investment program. 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