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Residency through Real Estate Investment in Hungary

What is the most comfortable way for getting European residency for yourself and your family? If you are ready to invest in property, the Hungarian Real Estate Residence Permit might be the program you are looking for.

Buy an apartment for renovation in Budapest

A great number of apartments in prime downtown locations have not been renovated for years or sometimes decades. Thus, you can buy an apartment for renovation; then renting or reselling it guarantees a great return on your investment.

Useful Tips

While short term rentals are more lucrative, if you are looking for a steady income on you investment, it is best to find long-term tenants for your property.

Real Estate Residence Program (RERP)

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 100,000 each
Company setup and one year maintenance, administration, legal and personal assistance by Helpers: EUR 20,000 (+VAT)

PROCESSING TIME: ca. 3 months

MAIN STEPS:

Set up a company

Hungarian company formation is the fastest and simplest in the European Union, as it takes only 2-3 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.

Purchase real estate

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.

Apply for residency

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.

Pricing

Investment: purchase of at least two apartments, ca. EUR 100,000 each

Company setup and one year maintenance, administration, legal and personal assistance by Helpers: EUR 20,000 (+VAT)

Including:

  • Company formation, registration, and bank account opening assistance
  • First year accountancy and registered office / mail administration for the company
  • Developing a solid business plan
  • Property search to find the best properties
  • Comprehensive legal assistance for the purchase
  • Residency application for you and your family
FAQs

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.

Ask for a Quote

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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