Residency permit in Hungary by exception – Discus Holdings

Time-proven stability!

Stable and safe European Union and Schengen country.

Hungary is a member of the European Union and a party of the Schengen Agreement. Over the recent years Hungarian economy has showed a sustainable growth following consistency in domestic politics, which gradually puts the country in the same rank with leading European countries.

Hungary made success in transition from the position of a primary producer and low-cost labor supplier to the country managing highly developed industrial production and being one of Europe’s major trade and transport arteries.

The Hungarian Residency for exceptional reasons is only opportunity to third country nationals to be not only an EU resident, with visa free access to Hungary and EU without any limitations, but also remains the safest instruments for sovereign risks diversification and private wealth planning.

Visa-free access
to Hungary and
other EU countries

Unimpaired mobility for you and your family within Hungary and other EU states, with NO limitations to stay in the Schengen area.

Without additional
requirements
and obligations

To obtain residency you don’t have to establish your own business or seek for a job in Hungary.

Fast track
for the whole
family

Residency is issued for 5 years and the process takes up to 2 months for the whole family. The application may include adult children until 24 and parents above 60*.

Life
and business
opportunities

The lowest corporate tax in EU (9%) is a real opportunity to use European brokerage accounts without any CRS or CFC restrictions.

The safest way to European residency
All investments will be made upon residency cards are issued!

Only requirement
to get Hungarian residency

Processing time
Of the 5 years residency

Takes only 1-2 months

Investment into
real estate

During 6 months
when residency cards are issued

Investment requirements

Minimum investment
EUR 155,000

With not less than 6 sq. m per applicant

Purchased by investor’s own funds
loans are not allowed

Residential ready-made property
(development projects or commercial property are not allowed)

Within 6 months upon residency are issued

If investment requirements are not met, the resident status is subject to cancellation.

Who obtains Hungarian residency

INVESTOR

RP for 5 years

SPOUSE

RP for 3 years

CHILDREN UNDER 18

RP for 3 years

CHILDREN ABOVE 18 AND UNDER 24

if they are:

students
financially dependent
not employed
do not have family and children

RP for 3 years

PARENTS

they are:

above 60
officially retired
financially dependent on the investor

RP for 3 years

The residency permit for the family members will be
issued in the same time with the main applicant.

Required documents

All applicants’ travel passports (with minimum 12 months validity)

Marriage certificate (if applicable)

All applicants’ birth certificates

Detailed bank statement for the last 6 months with minimum balance of EUR 200 000 as an investment ability

Detailed bank statement for the last 6 months with minimum balance of EUR 27 000 per main applicant and EUR 16,000 per additional family member as a leaving ability

Signed investment obligation

All applicants’ CVs

Health insurance

Criminal record certificate (applicable to applicants 14 years above)

Citizens of the Russian Federation, the Republic of Belarus and Ukraine shall sign a declaration stating that they are not subject to EU and US sanctions

Procedure

The procedural part of this type of residency may be initiated remotely by a Power of Attorney, and your visit to Hungary will be only upon approval of your application.

The procedural part for the whole family will take not more than 2 months!

Preliminary Due Diligence check, Service Agreement, Administrative, official, professional fees and 10% of the investment amount paid to the attorney’s escrow account.
Preparing documents with DH Private.
Residency application submitted by DH Private.
Application approved.
Plan your visit to Hungary to pass official procedures. Where necessary, a special single-entry visa will be issued.
Visit to the Immigration Office to have your fingerprints taken and make an official photograph.
Get residence cards issued and receive them.
Meet the investment requirements (real estate investment within 6 months upon residency cards are issued).

There is no obligation to settle in Hungary to renew this type of residency,
HOWEVER it is reqired to keep the investment over the entire effective period of the residency.
Residency cards will be reissued only with documents confirming investment
and applicant’s financial self-sufficiency.

The residency card of the main applicant, will be automatically reissued for five years, family member’s for two and then five years.

Administrative and professional fess

Main applicant, spouse and
minor kids:

EUR 30 000

administrative and official fees

EUR 30 000

professional
fees

Adult kids:

EUR 15 000

administrative and official fees

EUR 15 000

professional
fees

Main applicant’s parents:

EUR 30 000

administrative and official fees

EUR 15 000

professional
fees

Your request is accepted!

Hungarian Residency for exceptional reasons