New Property Purchase Residence Permit Program in Hungary
Hungary now offers a new Property Purchase Residence Permit Program. In this you and your family members have another favorable opportunity to get residency in Hungary. Purchase property and get your renewable 5-year residence permit in Hungary.
Buy property and get residency
- Buy a residential property worth at least EUR 85K (HUF 25M)
- Apply for residency for yourself and your family
- Pay the EUR 50K processing fee
- Get a renewable residence permit for 5 years
Hungarian residency
Hungary with its Central European location, steady economy, and great infrastructure is an ideal destination if you are planning to relocate to Europe. The Hungarian residence permit grants you visa-free travel in the EU and the Schengen zone. At the same time, living costs in Hungary are much lower than in Western Europe, while you get access to the same opportunities.
Property purchase in Hungary
The Hungarian real estate market offers safe and lucrative investment opportunities. Whatever property you purchase, you will be safe, since you make an actual purchase. It will also be able to bring you good returns if you decide to rent it. Since we will help you from the first steps through you receive your residency, you can count on us both with the property search and in finding a tenant.
For the purpose of the residency application you will be required to make a new property purchase (that is, if you already have real estate in Hungary, you cannot base your application on that in this program). Your new investment needs to be in a residential property that is worth at least EUR 85,000 (HUF 25,000,000).
The Property Purchase Program
In order to become eligible, first you should find a suitable property to buy (residential, worth EUR 85K). Once you have an agreement with the seller, you can apply for your Hungarian residence permit. Your spouse and underage children can apply simultaneously, through the family unification procedure.
If you have not yet made the actual purchase and have only an agreement when you apply, the deal will need to be completed within 3 months once you have received your residence permit. The permits will be valid for 5 years, and can be renewed as long as you still have the property on which it was first based on.
The processing fee of the Property Residence Permit Program is EUR 50,000. It covers the legal fees of the application. In the unlikely case of rejection, a 50% refund on the processing fee is available, and we will assist you in selling your property (if you wish).
Interested?
Give us a call or drop us an email if you want to find out more about the New Property Purchase Residence Permit Program in Hungary. Start your new life in Europe with us!
Phone: +36-1-317-8570
email: info@helpers.hu
Contact
Contact us today
Monday - Friday
9am - 5pm CET
Helpers Hungary Kft
Budapart Gate
Dombóvári út 27
Budapest 1117, Hungary
If you’re visiting us, please use entrance A and come to the 2nd floor.