Updated yearly, the Arton Index is an overall assessment and comparative benchmark of the country and its investment program.
9,643,048
Population Growth: -0.7%
18,390 USD
GDP (per capita)
GDP (purchasing power parity)
402.51 billion USD
175
Visa free countries
LOCATION
Central Europe
CAPITAL
Budapest
DIFFERENCE
UTC+1
TOTAL AREA
93,028 sq. km.
AGE DEMOGRAPHICS
0-14: 14%, 15-64: 66%, 65+: 20%
LANGUAGE
Hungarian (official): 99.6%, English: 16%, German: 11.2%, Russian: 1.6%, Romanian: 1.3%, French: 1.2%, Other: 4.2%
RELIGIONS
Roman Catholic: 27.5%, Other Christians: 15%, Other Religions: 1.3%, Undeclared: 40.1%
GOVERNMENT TYPE
Parliamentary Republic
CURRENCY
Hungarian forint (HUF)
EXCHANGE RATE
1 USD = 358 HUF
Grenada, known as the “Spice Island,” offers one of the most picturesque waterfronts in the Caribbean. As the only Caribbean island with an E-2 visa treaty with the United States of America, Grenadian citizenship provides investors with a seamless route to live and work in the US. With visa-free travel to China, Russia, the UK, and the Schengen area, citizens of Grenada enjoy increased global mobility and endless opportunities for their families and businesses.
Qualifications
To qualify for the Hungary Investor Visa, applicants must meet the following criteria:
Eligibility:
Be a non-EU and non-EEA
citizen over the age of 18.
Financial Means
Demonstrate sufficient means
to support themselves and their family members,
and be able and willing
to disclose the source of wealth
Due Diligence
Successfully undergo due diligence
and background verification checks at various
stages of the process.
Property Purchase:
Receive approval by the competent authorities
to buy residential property and prove
the necessary means to purchase it within
a specific time frame.
Why Choose Hungary?
Hungary offers a unique combination of benefits that make it an attractive choice for residence in the heart of Europe:
- Ease of Living: Ranked amongst the top 30 most frequently visited countries, Hungary provides a high quality of life with a universal healthcare system, high-quality education, and reasonable costs of living.
- Safety: Hungary is known for its high levels of safety, making it an ideal destination for families and individuals alike.
- Efficient Application Process: The application process is efficient, allowing for the possibility to reduce the number of travels and perform necessary submissions overseas.
- Family Inclusion: The visa program includes dependent children and parents, making it an attractive option for families.
- Real Estate and Business Opportunities: Hungary offers attractive real estate and business investment opportunities, providing a range of options for investors.
- Strategic Location: As a member of the Schengen zone, the European Union, and NATO, Hungary provides a powerful and well-respected passport with visa-free travel to over 170 countries.
Investment Options
To be eligible for the Hungary Guest Investor Residence Permit, investors must select one of the following options:
- Real Estate Investment Fund: A minimum investment of €250,000 in real estate funds registered with the Hungarian National Bank.
- Real Estate Acquisition: A minimum investment of €500,000 in the purchase of a residential property, which must be assessed by a licensed valuator.
- Donation to an Institute of Higher Learning: A donation of €1,000,000 to an institute of higher learning, which must be dedicated to public interest.
- Investment Process
To apply for the Hungary Guest Investor Visa, investors must:
- Select an Investment Option: Choose one of the available investment options and obtain the Hungary Guest Investor Visa.
- Demonstrate Availability of Funds: Show proof of sufficient funds for the chosen investment option.
- Undergo Background Verification: Undergo a background verification check.
- Complete the Investment: Complete the investment within 93 days after arrival in Hungary.
- Apply for Residence Permit: Apply for the residence permit after completing the investment.
- Fees and Expenses
The fees associated with the application process include:
- Legal Representation Fee: A fee for legal representation for the residence application.
- State Application Fees and Charges: Fees charged by the Hungarian authorities.
- Our Service Fees: Fees charged by us may vary based on the complexity of the file and the number of applicants.