Hungarian citizenship: investing in the country's economy - benefits in citizenship!
For those who are ready to invest money in the economic sphere of the country, there is a special program for obtaining a permanent residence permit without the need for renewal. And after two years you can apply for Hungarian citizenship.
You will need to deposit an amount of 250 thousand euros without the right to claim it for the next five years. To do this, you don’t have to own a company, you can just be an individual. What papers do I need to provide? Where can I deposit money and what can I buy? Contact our company and we will explain in detail the mechanism for obtaining a Hungarian passport through investment.
When concluding a contract, it becomes necessary to pay a special fee in the amount of 50 thousand euros. Thus, your total expenses will be 300 thousand euros. The nice thing is that no one requires confirmation of the sources of investment and does not check where you got these funds from.
Your family members can also apply for citizenship of the country. However, what if your children are over 18 years old? Can they get a passport thanks to your investment? Our lawyer is ready to explain the intricacies of Hungarian legislation, contact us and we will provide advice at any time convenient for you.
Hungarian passport
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In search of better living conditions, a large number of foreigners become applicants for Hungarian citizenship. Hungary is one of the leading countries of the European Union, opening up new opportunities and prospects for its citizens. The result of obtaining Hungarian citizenship is the issuance of a passport, which makes its holders full EU citizens.
Benefits of having a Hungarian passport
- abolition of the visa regime with 150 countries, including the USA, Canada and Australia;
- the absence of borders between EU countries, which allows you to live, study or work in any EU state without restrictions;
- high level of social and health care in EU member countries;
- the ability to store funds in the best banks in Europe;
- favorable conditions for creating, running and developing your own business.
What does a Hungarian passport look like?
Since 2013, regular Hungarian passports have:
- — burgundy color (previously dark blue);
- - the national coat of arms, decorated in the center of the front cover;
- - inscriptions in Hungarian “EURÓPAI UNIÓ” (European Union) and “MAGYARORSZÁG” (Hungary) above the coat of arms, and “ÚTLEVÉL” (passport) below it.
- - standard biometric symbol at the bottom of the front cover and a biometric microchip under the comb.
Passport validity period:
For children under 6 years old 3 years
For children 6-18 years old 5 years
For adults 10 years old
Unfortunately, not everyone can obtain a Hungarian passport. The lack of legal grounds - the presence of Hungarian roots - makes it extremely difficult to acquire citizenship of this European country. But because Hungary is part of the European Union, so any EU citizen can legally live, study and work in the territory of this state. Therefore, the best option to get what you want would be to apply for a passport from any other EU member state. You can become an EU citizen as quickly as possible by applying for Bulgarian or Romanian citizenship. The migration legislation of these states is friendly to migrants and provides simplified options for them to obtain citizenship.
Therefore, if you want to obtain EU citizenship as quickly as possible, we advise you to entrust the registration procedure to professionals. Experienced specialists at International Business will select the most suitable program for obtaining an EU passport for you, taking into account your individual wishes.
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What are the options for obtaining a residence permit in Hungary?
One of the ways to obtain an entry visa and further permission to reside in the country is an employment contract with a local company.
Additionally, you will need to obtain permission from the Employment Center, as well as provide a rental agreement. An initial start-up capital is also required, which will cover your needs until you receive your first salary or advance payment.
What should its amount be? What other papers are required to register residence for work? Contact our specialists and they will tell you in detail all the points and requirements. However, then you will have to wait for a month.
This is how long local specialists will try to find a person to take your place. If they fail, then you will be granted a work and residence permit in Hungary.
Can the purchase of real estate be the basis for acquiring Hungarian citizenship or a passport? How many years do you need to live in the country? Our lawyer is ready to provide you with qualified assistance. Leave your contacts on the site, and he will contact you at any convenient time.
To study in the state, you must obtain a long-term visa and take mandatory language courses.
Obtain Hungarian citizenship
State investment program
This is a way to move to Hungary as quickly as possible: in just 3 weeks you can receive a residence permit, and in six months - permanent residence. The relevance of such a program lies primarily in the opportunity to obtain citizenship for all members of the applicant’s family without additional expenses. To conclude an agreement under the program, one of the lowest investment thresholds in Europe is provided: the purchase of government bonds with a maturity of 5 years in the amount of 300 thousand euros and an additional administrative fee of 60 thousand euros. Moreover, bonds can be purchased by both an individual and the owner of a company.
The national flag of Hungary: the blood of patriots, the nobility of ideals, hope for the future of the country
The right to obtain Hungarian citizenship in this case begins after 8 years, during which the applicant resides in the country. It is worth noting that the Hungarian government is now considering the possibility of obtaining citizenship for investors under a simplified program.
What documents are required for a residence permit?
A document permitting residence in the country is issued based on the submission of passports, photographs and a medical policy. A certificate from your country confirming the absence of criminal records and offenses is also required.
For simple entry into the country, category C is enough, which is valid for 90 days. Usually it is received by tourists, businessmen or students who want to study in Hungary.
Is it possible to extend this visa further? Will the registration be completed faster if I apply again? Our specialists have extensive experience in obtaining visas and issuing Hungarian passports. Contact our company and we will provide detailed advice on issues that interest you.
A longer-term visa option is type D. With it, you can stay in the country for more than three months and leave the country an uncontrolled number of times. Also, with it there is no need to urgently issue a residence document.
For what period is this paper issued for the first time? Which authorities should you contact and what will they ask you to do? Our lawyer will provide you with qualified advice, which is guaranteed to help you obtain a residence permit and subsequently obtain a Hungarian passport.
A separate point is proof of sufficient funds to live in the country. They are based on the average monthly salary.
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Other family members
As noted above, Hungary is a country that accepts entire families on one basis. That is, if you have received a residence permit, permanent residence or citizenship, then all your close relatives (children, husband/wife and parents), if desired, receive the same grounds for living in the state. To do this, you only need to provide documents confirming family ties, statements of means of subsistence and documents on the sufficiency of living space.
A residence permit in Hungary for pensioners guarantees excellent living conditions for your parents. High-quality medicine, clean air and social security - this is what awaits people who decide to leave their native land in old age. In addition, if necessary, a pension earned in Russia can be transferred to any Hungarian bank without any problems. After three years of holding a residence permit, you can obtain permanent residence in Hungary for pensioners.
Do you have at least 300 thousand euros and the desire to become an EU citizen? Hungarian legislators will happily welcome you and your family, opening the doors to the European community.
Traditional naturalization in Hungary and other options
The possibilities for acquiring the country's citizenship are described in Law 55. The main option is ordinary naturalization, so you need to have lived within the country's borders for at least eight years.
Marriage to a Hungarian or Hungarian woman will speed up this process. In this case, the period is reduced to three years. For how long can you leave the country? Are there any additional restrictions? Our lawyers are ready to share their experience based on obtaining Hungarian passports.
When obtaining citizenship through naturalization, you must pass a test of knowledge of the basics of the constitution and language. If children are adopted, they must also stay in the country for at least three years.
One of the expedited options is to prove that you have Hungarian roots. There are special companies that conduct genealogical research and provide the necessary documents.
What degree of relationship is enough? Who should have this document certified? Our lawyer is ready to answer all your questions. There is also a “declaration” option. It implies the return of citizenship to those who left between 1947 and 1990.
Media: “Passport raids” on Ukrainian citizens began in Hungary
As the Ukrainian publication Vesti reported, recently in the Hungarian village of Hajdudoroga, bordering Ukraine, the police detained representatives of local authorities who illegally issued Hungarian passports to Ukrainians. At the same time, the police also detained the Ukrainians themselves - holders of new documents.
The operation was carried out by special forces sent from Budapest. Village residents confirmed that Ukrainians actually lived illegally in some houses, and about 40 Ukrainian citizens were allegedly fictitiously registered in one of them.
“Recently, more and more Ukrainians are registered in border villages, then they receive fake passports. When they found out about this in Budapshet, they decided to conduct raids against the deceivers and the Hungarians who are helping them for “gratitude,” said Hungarian journalist Laszlo Pinter.
According to the publication, those Ukrainians who do not have legal grounds to obtain a passport of a European country, as a rule, solve the problem through bribes to officials or through intermediaries on the Internet. This service costs from five to 10 thousand euros. For this amount, intermediaries issue false certificates and resolve issues with the consulate.
It is noted that the Hungarian authorities are ready to provide second citizenship to Ukrainians legally. However, in this case, the passport will be available in two to three months.
The emergence of abuses around Hungarian citizenship and “Hungarian cards”, which are received not only by residents of Transcarpathian regions populated by ethnic Hungarians, was, on the one hand, the result of the government policy of Budapest for the repatriation of ethnic Hungarians - the corresponding program was adopted and started working in 2010. On the other hand, there is the continuing deterioration of the socio-economic situation in Ukraine and the growth of labor migration and emigration.
The Hungarian authorities had previously reported on the tightening of the procedure for checking documents from Ukrainians posing as Hungarians or descendants of people living on the territory of the Austro-Hungarian Empire, explaining this by an increase in the number of counterfeit documents, which only indicates the popularity of the Hungarian passport among Ukrainians. The Consulate General of Hungary in Ukraine does not disclose real data on the number of holders of passports and “Hungarian cards” among the residents of Ukraine, but it is known that as of February 2015, 94 thousand residents of Transcarpathia - almost every tenth - had such documents. In total, over the five years of the program, 670 thousand people around the world benefited from the liberalization of the Hungarian citizenship law.
“There are as many cases as there are people here. Some people need a passport in order to study abroad, some for employment, others - in order to be able to travel, others - to process the purchase of a car or real estate. A passport provides many more basic benefits. And I don’t see anything bad or sabotage in this,” the Ukrainian edition of the BBC quotes the deputy editor-in-chief of the Transcarpathian regional newspaper “Karpat Igoz So”, published in Hungarian, Yuri Dunda.
It is also worth recalling that in Kyiv, the issuance of Hungarian passports under a simplified procedure is already perceived as a threat, especially against the backdrop of Budapest’s tough and irreconcilable position on the Ukrainian education law, which narrows the rights of Hungarians to study in their native language. So, in March last year, Poroshenko registered in parliament amendments to laws that would allow depriving residents of the country of Ukrainian citizenship who have a second foreign passport, but this law has not yet been considered, and dual citizenship faces only a small fine. However, this does not apply to Transcarpathian officials who have a Hungarian passport - regional governor Gennady Moskal introduced personal repressions against them: first he called on regional leaders with a second citizenship to voluntarily give up their positions, and then achieved the dismissal of several officials with the rank of deputy heads of district and city administrations.
Dual citizenship and bonuses in Hungary
A positive aspect of acquiring Hungarian citizenship is that there is no need to renounce the passport of your homeland . Like every country, Hungary has its positive and negative aspects.
First of all, people want to come here to lead a stable and measured life. In addition, a Hungarian passport allows you to travel throughout Europe without restrictions.
Can you count on working in another richer European country? Or are there certain restrictions? Our specialists are ready to answer these and other questions if you leave your contact information on our website.
Compared to France and Germany, the cost of living here is much lower, but the salary level is proportionately lower. One of the negative points that immigrants note is the complexity of the Hungarian language.
However, learning English is compulsory in the education system. Therefore, you can calmly talk to the locals if necessary.
Foreigners are often attracted here by the low cost of real estate. Is it possible to buy and rent it before receiving a Hungarian passport? What documents will be required from you upon purchase? Our lawyer is ready to give a detailed answer to this question.