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Hungary

A thriving hub in central Europe, Hungary is one of the most visited, culturally rich and geographically superior countries on the continent.


Hungary's residency by debt program is now suspended. Learn about Bulgaria, Portugal and Cyprus and other residency by investment programs.

 


Why Hungary?

As a member of the European Union and the Schengen Area, Hungary is one of the top 30 most popular tourist destinations in the world. Located in the heart of Europe, the country has a rich and diverse music, film, food and literary culture, as well as a universal healthcare system. The Residence Bond Program, established in 2012, offers applicants many advantages:

  • Eligible dependents, including parents, are included without age restrictions.

  • No need to travel to Hungary; application can be made at the respective Hungarian consulate.

  • Fast processing, you can obtain EU permanent residence within 30 days.

  • No actual residence requirement.

  • The guaranteed investment amount will be fully returned after five years.

  • Free movement within the European Schengen area.

Hungarian Citizenship by Investment Eligibility


The Residence Bond Program does not set any fixed criteria for applicants’ personal net worth or managerial experience. However, Hungarian administrators reserve the right to request an interview at any time.

During the initial due diligence and application phase, financial intermediaries and Hungarian authorities will follow standard procedures for customer checks and anti-money laundering. The main applicant must provide a standard set of documents proving their source of income and accumulated personal net assets.





Hungary investment options

  1. The legal process for foreign direct investment accepted under the Residence Bond Program consists of purchasing special 5-year government bonds issued by the Hungarian government for €300,000. Upon maturity, the initial funds are returned to the investor without interest. The legislation stipulates that the investment in the program is used to purchase bonds issued by a Residence Bond Agency approved by the Hungarian authorities. The agency then invests the funds in Hungarian government bonds. This transaction requires a subscription agreement with a designated company, which must be an authorized institution in the region where the main applicant is located. Government bonds are limited to the program and cannot be traded on the open market or the secondary market. After issuing the bonds to the investor, the Residence Bond Program Agency will issue an irrevocable statement that its funds will be used to purchase 5-year government bonds worth €300,000 within 45 days of the issuance of the investor's residence permit. In addition to the investment funds, the applicant will also need to pay all handling fees and visa application fees. To further protect the investment, the applicant can apply for a bank guarantee from the issuing bank. The bank may charge additional fees. Global Immigration Services Ltd. Hungary office has obtained exclusive rights for the following 29 countries: Afghanistan, Algeria, Bahrain, Egypt, Hungary, Indonesia, Iraq, Jordan, Kazakhstan, Kuwait, Lebanon, Libya, Malta, Morocco, Nigeria, Oman, Pakistan, Qatar, Saudi Arabia, Singapore, Syria, Switzerland, Thailand, Tunisia, United Arab Emirates, United Kingdom, United States, Vietnam and Yemen. As the only agency registered in Hungary, we can accept applicants of any nationality who submit their applications in person in Hungary. All other applicants must ensure that the investment is handled by the designated agency responsible for their region.

  2. Financing Investment Customers who can make a lump sum payment of €125,000 can choose an attractive financing investment to put their funds to good use. There are no additional costs to start or repay this loan. In addition to the financing costs, the standard government charges will apply. Please contact us for more information.



population growth

-0.24%

GDP per capita

$27,200

Purchasing power per capita

$267.6 billion

Passport visa-free countries

175

 

Location

Central Europe, northwest of Romania


capital

Budapest


jet lag

UTC+1


National Land area

93,028 square kilometers


Age Demographics

0-14 : 14.76%

15-24 : 11.19%

25-54 : 45.69%

55-64 : 13.66%

65+ : 18.65%


official language

Hungarian (official language): 99.6%, English: 16%, German: 11.2%, Russian: 1.6%, Romanian: 1.3%, French: 1.2%, others: 4.2%


Religious beliefs

Roman Catholic: 37.2%, Calvinist: 11.6%, Lutheran: 2.2%, Greek Catholic: 1.8%, Other: 1.9%, No religious affiliation: 18.2%, Unspecified: 27.2%


politics

Parliamentary republic


currency

Hungarian Forint (HUF)


exchange rate

1 USD = 273.8 HUF


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