Hungary has an attractive ‘fast track’ investor program, where upon buying EUR 300,000 worth of Government bonds, foreign investors are granted a permanent resident permit. There is no interest on the invested amount, but the permanent residency opens the gate to Europe before you. The investment sum is fully returned at the end of the 5-year investment period, so this venture in fact costs you only the EUR 60,000 government processing fee (which you have to pay above the 300k). Eventually, the permanent permit will enable you to apply for a Hungarian (EU) passport after 8 years.
The investment is fully redeemable after 5 yrs, while the investor can still get to keep the PR.
Hungary Investor Euro Bond Program
Investment Amount: € 300,000
Government Processing Fee: € 60,000 (depending on number of applicants and related due diligence fees)
Total cost: EUR 360,000 (This includes permanent resident permit for the main applicant, spouse, and children under 17.)
Work or employment in Hungary is allowed under this program without a separate work permit. The Hungarian PR allows permanent residents to travel freely within the 27 other Schengen countries and stay without a visa in these countries for up to 90 days every six months.
Hungarian passport after 8 years of PR.
Please contact us for more information.