RESIDENCY PROGRAMME

The Hungarian Residency by Investment Programme provides an opportunity for non-European Union citizens to acquire permanent resident status in Hungary by investing in Special Hungarian Government Bonds issued by the Government Debt Management Agency (AKK).

Hungarian residents can apply for citizenship after having held their permanent residency status for a minimum period of 8 years. There are no physical stay requirements

Summary of the Residency Programme

• Investors of the program and their immediate family members (spouse and children up to 18 years old) can apply for residency permits
• Qualifying dependents over 18 years (including parents of main applicant and studying children) can apply at an additional cost
• Application for permanent residency will be approved/rejected within 30 days
• After the 5 year required holding period, investors will be refunded their initial capital investment amount depending on which investment option they choose
• Applicants do not need to reside in Hungary at any point

 

Benefits of the Residency Programme

• Low risk: The interest free government bond can be redeemed after 5 years
• Low requirement: No asset requirements, no interview, no language criteria, no business background checks, no required visits to Hungary
• Live and Work: Permanent resident card holders are permitted to reside, work and do business in Hungary
• Visa Free travel: Permanent residents qualify for visa-free travel to the 26 Schengen countries. Citizens qualify for visa-free / on arrival travel to 191 countries / territories worldwide 
• Low taxation: No immigration tax assessment on global assets. Applicants are only subject to the Hungarian tax system if they stay in Hungary more than 182 days in a 12-month period
• Dual Citizenship: Hungary recognizes Dual Citizenship

 

Qualifications

• The Main Applicant must be 18 years of age or older
• Child dependents must be less than 17,5 years of age when applying
• Dependents over 18 years (including parents of main applicant and studying children) can apply, provided they can prove financial dependence on main applicant
• All applicants must have satisfactory criminal clearances
• All applicants must be in possession of valid travel documents

 

Investment Requirements

• Applicants are required to purchase government bonds to the value of €300,000
• Lock-up period of a minimum of 5 years
• The capital will be 100% redeemable after the lock-up period
• An additional €60,000 is required for government administration fees and service costs
• The Fund will not distribute any dividends during or after the lock-up period