Nationality of Hungary.
Method of obtaining a second citizenship: naturalization.
Hungary is a state in Central Europe, bordering with such states as Austria, Slovakia, Ukraine, Romania, Serbia, Croatia and Slovakia. It is a parliamentary republic with a president at the head of state and a capital in Budapest. The population of Hungary is 9 823 000 people, and the average life expectancy is 76 years. GDP per capita & # 8212; $ 13,340, this is one of the few EU countries that can boast an annual 5% GDP growth and a low crime rate.
A small but surprisingly compact and comfortable Hungary is not only the famous thermal hospital in Europe and more than 3,000 palaces, castles and fortresses, but also the famous birthplace of matches and a cube of Rubik, ballpoint pens, a kinescope, color television. This country is also famous for its picturesque nature, forests, lakes (the most popular of which are Heviz and Balaton), impeccable ecology, old wineries, the best spa resorts. Naturally, such riches arouse a keen interest of tourists from all over the world. More than 39 million foreigners visit the country every year. Hungary is attractive both for businessmen and qualified specialists, and for students and people of retirement age.
Advantages of Hungarian citizenship.
Hungary’s legislation provides for the possibility of obtaining a second citizenship; all preferences of an EU citizen with the right to study, reside, work in any EU country; visa-free travel to 162 countries; obtaining loans on favorable terms;
Disadvantages of Hungarian citizenship:
to obtain the second citizenship of Hungary, you need knowledge of the Hungarian language, which is considered not the easiest to study. there is no possibility of obtaining citizenship for investment. This possibility is provided only for obtaining permanent residence.
How to get the second citizenship (passport) of Hungary?
The process of obtaining Hungarian citizenship through naturalization is rather complicated and time-consuming. From the moment of obtaining a residence permit, citizenship can be obtained after 8 years of official residence in Hungary (3 years of residence permit + 5 years of permanent residence). At the same time, the necessary condition for obtaining a Hungarian passport will be: the availability of real estate in Hungary and the passing of an examination in civil law in Hungarian. There is an accelerated way of obtaining Hungarian citizenship: bypassing the stage of residence permit, an investor buying a state bond of Hungary immediately receives permanent residence. After 5 years of permanent residence you can obtain citizenship.
Permanent residence in Hungary.
Since 2013, immigration law in Hungary provides for one of the most transparent and secure programs for obtaining permanent residence through the purchase of government bonds. Any citizen of a country outside the EU can obtain government bonds worth � 300,000 for a five-year period. After 5 years, the investment is fully returned to the Applicant. Additional costs: state fee for the whole family in the amount of 60 000 euros (non-returnable).
This method of registration of permanent residence has a number of significant advantages:
The investment is protected by the state. As a country with stable economic and political systems, investing in the government bonds of Hungary is a reliable investment. To get permanent residence you do not need to be in the status of residence permit for 3 years. Within 3 weeks of the document submission, the investor receives a residence permit, and in half a year – permanent residence. Given the lack of a residence requirement in the country that exists when applying for permanent residence through naturalization, the investor does not become a tax resident in Hungary – only if he lives permanently. The investor does not need to pass a source check. While many other countries carefully check the applicant’s funds and have restrictions on obtaining permanent residence by citizens of some countries, there are no requirements in Hungary for the citizenship and financial situation of the investor. The main requirements for participation in the program – the applicant in his country of citizenship should not be prohibited from leaving the country. Since July 1, 2016, changes have taken effect in the Hungarian State Investment Program, for which it is possible to obtain a permanent residence for Hungary also for adult children and the parents of the investor.
Residence permit in Hungary.
The following legalization options are provided by the immigration law in the country:
Residence permit in Hungary through the purchase of real estate.
The fact of the acquisition of real estate does not guarantee obtaining a permit for residence permits, but it presupposes this possibility. The residence permit of Hungary can be issued for 1 year with the possibility of extension for 2 years. Having obtained a residence permit in this way, permanent residence can be issued after 3 years (while living in Hungary for at least six months a year), and become a citizen after another 5 years. The undoubted advantage of acquiring real estate in Hungary and obtaining on this basis is the absence of a fixed minimum threshold for the value of real estate. Those. it can be any livable liquid object, with the calculation of the area & # 8212; more than 15 m per person.
Residence permit in Hungary through the opening of a business.
To obtain the status of residence permit, the foreigner must provide the following documents:
documents proving the opening of the company where you are the founder; proof of accommodation; proof of residence in Hungary; medical insurance.
The cost of opening and maintaining a company in Hungary is small, to extend the residence permit in this way, the company must conduct real activities and pay taxes. It is important to note that opening a business in Hungary does not give an automatic right to obtain residence permit, the decision is made at the discretion of the immigration authorities.
The residence permit in Hungary for pensioners.
In essence, this type of residence permit represents the same conditions of receipt as when buying a property. The applicant must purchase or rent real estate in Hungary, provide insurance and a certificate of absence of a criminal record, confirm his / her pension status, translate personal documents into Hungarian, provide an extract from the bank or information about incomes. The documents are submitted to the Hungarian consulate at the place of residence, after issuing the visa, they come to Hungary, where they receive a residence permit.
Residence permit in Hungary through employment.
The main reason for obtaining a residence permit in this way is the willingness of the Hungarian employer to take a foreigner to work. The applicant must provide a signed contract, evidence of livelihoods, a certificate of absence of criminal record. The validity of a residence permit (work visa) is issued on the basis of the term of the employment contract.
Residence permit in Hungary on the basis of treatment.
This residence permit is requested if it is necessary to obtain medical care by an alien or in the case of an alien accompanying his minor child who needs medical assistance.
The residence permit is issued for the entire period of treatment (maximum 2 years, extension is possible). The main document for a residence permit request is documents issued by a medical institution that confirm the need for treatment.
Nationality of Hungary.