Client testimonial
Since this is a new service from Helpers, no testimonials are available just yet.
Client testimonial
Since this is a new service from Helpers, no testimonials are available just yet.
Helpers is closing for the holidays. Our last working day is 23 December, and we open again on 2 January. In our Christmas charity project, we have donated to various NGOs selected by our staff.
Property purchase in Hungary as a foreignerIf you are not a citizen of Hungary, you might need a property purchase license before you can finalize the deal – your lawyer can take care of it. After purchase, you will be required to pay property tax, which is normally 4% of the purchase price.
While short term rentals are more lucrative, if you are looking for a steady income on your investment, it is best to find long-term tenants for your property.
Exclusively through Helpers, there is now a fast and easy way for you to become an EU resident through investment in Hungarian real estate. This program is similar to well-known programs available in Spain or Portugal – but it costs much less, and the processing time is much shorter.
COST – click here for details of what’s included
Investment: purchase of at least two apartments, ca. EUR 240,000 in total
Company setup and one year maintenance, administration, legal and personal assistance by Helpers: EUR 20,000
PROCESSING TIME: ca. 3 months
MAIN STEPS:
Hungarian company formation is the fastest and simplest in the European Union, as it takes only 4-5 business days, and whatever nationality you are, you will need only a document of identification – mostly your passport. You have to travel to Hungary only for the company bank account opening, and you can start your activity right away. Your main activity will be property management (as the income of your company will come from renting the property you purchase), but through your company and automatically granted EU VAT number you will also be able to do other forms of business in Hungary and in the EU if you wish to.
Your business activity will mainly consist of renting the real estate you purchased. To make your business feasible, you will be required to buy property that is likely to attract reliable tenants. In Hungary (and Budapest) there are various kinds of real estate, from apartments in historical buildings to flats in block buildings. With the help of our extensive network, we will help you choose the (at least two pieces of) real estate that will make the best turnover for you.
If you are running a successful business and have steady income in Hungary, you become eligible for residency. A solid business plan will confirm the viability of your company and support your residency application. Moreover, if you are already a resident, you can bring along your family (your spouse and underage children).
Naturally, we will guide and help you through every step.
Investment: purchase of at least two apartments, ca. EUR 240,000 in total.
Company setup and one year maintenance, administration, legal and personal assistance by Helpers: EUR 20,000 including:
As operating the company and receiving a steady income is the basis of your residency, you have to keep the real estate and maintain the company as long as you wish to maintain your Hungarian residence permit. Once you do not need it anymore, However, you are free to sell the properties and liquidate your company.
Get in touch to learn it all about how to get EU residency through Hungarian property ownership.
Let us help you set up a company for property management, and find suitable real estate to support your residency application.
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