In the heart of the European continent, there is a country with a long history, generous social benefits and a pleasant living environment. Now only need to invest 250,000 euros, you can get the country valid for up to 10 years of residence visa.
This country is Hungary.
Today, we will talk about the Hungarian long-stay visa application conditions, its unique advantages, and how to follow the smooth transition to permanent residence.
01
Hungary Long Stay Visa
Why investment requirements?
Last July, the Hungarian government launched a new long-term residence program. Overseas investors need only invest 250,000 Euros in a real estate fund designated by the Hungarian central bank, and the whole family will be granted a ten-year long-stay visa, which can be renewed for another ten years upon expiration.
The advantages of the Hungarian investment long stay program include:
❶ Supported by the bill, safe, reliable and guaranteed;
❷ The fund is supervised by the central bank and operated by a senior fund manager, with the option to withdraw after five years of holding;
❸ The fastest processing cycle in the EU, only 4-6 months;
❹ Approved before investment, low investment risk;
❺ Lowest threshold in the EU, no language, education, age, business background requirements;
❻ Visa validity of up to ten years, without immigration supervision, during which you can work and do business freely.
In addition, obtaining permanent residence status in Hungary is quite simple.
The investor only needs to stay in Hungary legally for three years, leave the country for no more than 90 days a year during that period, have a regular income and file tax returns on time, purchase medical insurance, and take and pass the Hungarian cultural exam.
02
Living in Hungary
What is the experience of living in Hungary?
► Good business environment
Hungary has no global tax policy, the corporate income tax rate is 9% and the personal income tax rate is 15%, which are the lowest in Europe.
Hungary's favorable tax environment and stable economic environment has attracted many large-scale enterprises, such as Ningde Times, BYD, Azera, etc. have chosen to build factories here, as the first stop to enter the European market.
►Education “free of charge
Hungary has a strong cultural atmosphere and a perfect education system, and all people can enjoy 19 years of free public education, covering 3 years of kindergarten, 8 years of elementary school, 4 years of secondary school and 4 years of university, and students only need to bear the cost of books and lunch.
Compared to Western Europe, the tuition fees of international schools in Hungary are also more affordable.
It is worth mentioning that Hungary, with a population of just over 9 million, has produced 14 Nobel Prize winners, making it one of the countries with the highest number of Nobel Prize winners per capita.
► Low cost of living
Hungary is known for its low cost of living and high quality of life, and is one of the countries with the lowest cost of living in Europe. The daily expenses for a family of three are only about 1,500 euros per month.
In addition to “free” education, healthcare in Hungary is also “free”. Hungary has a universal free health care system, and as long as you are covered by social insurance, you can enjoy free health care services.
In addition, with a Hungarian visa, you can freely enter and exit the 29 Schengen countries in Europe, which is extremely convenient.
If you also want to apply for Hungary real estate fund project, welcome to contact Nebula Sea International, we will provide you with customized exclusive program.