Residence in Hungary

through investment in real estate

EXCLUSIVE

Hungary is one of Europe’s best kept secrets. The Hungarian passport is highly ranked and among others gives you visa-free access to the United States. On obtaining residence permit you’ll have the right to live and work there along with access to all Schengen nations.

The country has low living costs, excellent public education, virtually no violent street crime, inexpensive real estate and a great moderate climate. Hungary is also very popular for its countless thermal baths and Budapest is claimed by many as one of the world’s most beautiful capital city. Through the Real Estate Residency program available exclusively through us, you and your family members can obtain residency within a matter of months and get a slice of one of the most dynamically evolving real estate markets in the European Union.

In Hungary, English is widely spoken along with German & French.

 Advantages of the Hungary Real Estate Residence Program:

Hungary’s real estate market is growing at 15% annually. Through this program you can earn rental returns between 8 to 10% along with working your way towards a permanent residency or citizenship.

Who can participate in this program

 

 

 

 

 

 

 

All candidates must lack a criminal record, they cannot have violated Schengen visa or customs rules, they must not be barred from entry into the EU, and they must not be subject to an inquiry in the Schengen integrated information system.

 

 

Conditions for participating in the Portugal Golden Visa program

To be eligible for this option, we will first set up a Hungarian Company for the investor. Registration of a company only takes 2-3 business days and you will have to travel only once to Hungary to open a bank account. We will then assist you in buying two different properties in Budapest first, for a minimum combined value of 200,000 euros.

After the purchase, we will arrange for renting out of the properties earning you a return between 8 to 10%. Since the properties will be bought through your Hungarian Company, and you have a steady income from renting it, you will become eligible for Hungarian residency based on the activity of your company.

Once you obtain your permanent residency in 3 years by meeting the minimum stay requirements, if required we will have you sell the properties for a premium and recover the investment with a profit.

Documents you will need

  • Passport

  • Proof of address of permanent residency in your country of citizenship

  • Attestation that you have no criminal record in your country of citizenship, as well as in any countries you have lived in for at least one year in the last 5 years

  • Proof of medical insurance

For family members’ applications

  • A passport for all members of the family

  • Marriage certificate and children’s birth certificates

  • Proof that the family has a registered address in Hungary

Prices of our services

 

Residency of the Main Investor - 30,000 euro

Residence Permit for each member of the main applicant’s family - 5,000 euro

The price of our Real Estate Residence Program (RERP) package includes:

  • Consultation on all possibilities and finer details of participating in the Hungary Real Estate Residency program

  • Company formation & registration

  • Opening a bank account in Hungary

  • Drawing up a power of attorney

  • Developing & submitting a business plan to the satisfaction of local authorities

  • Property Search, Purchase (with maximum ROI) & Legal Assistance

  • Analysis and check of all documents relating to real estate ownership

  • Preparation and submission of documents for temporary residency under the program

  • Residency Renewal till PR for the main investor

  • First year accountancy and registered office/ mail administration of the company

  • Providing our escrow account and related services (if necessary)

  • Registration of real estate ownership rights at the Land Registry Office and financial authorities

  • Accompanying your case for 3 years

  • Extension of resident status under the program

Do you want to obtain residency in Hungary under the RERP program?

Get in touch with Novalife!

Assurance of your residence permit
Support up to & after receiving residence
No hidden fees
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