Residency Hungry Investor Program

Hungry is in Central Europe with an area of 93,030 Kilometer square, the country has hot summers and snowy winters and has a continental climate. The economy of the country is running on exports, and it is the largest producer of electronic equipment in central and eastern Europe. Some other major industries of the country are motor vehicles, pharmaceuticals, IT, tourism and chemical. Hungarian is the official language, while French and English are the main foreign languages.

Hungary is offering residency to investors and businessmen’s through Investor Residency Bond program, this program was introduced in late 2012 and started acquiring applications by mid of 2013. Under this program, if you have enough capital, you can invest in bonds issued by Government Debt management Agency and approved by Hungarian Residency Bond Agent after which you can apply for Hungarian residency.

These bonds have the maturity of 5 years and investors must purchase them within 45 days after getting the residency permit, once the bonds were acquired, then they must submit the visa application along with the fee for further processing. After maturity, the investor can redeem 100% of its investment.