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Why choose Hungary?
Hungary is located in the heart of Europe, making it one of the most sought after residency program. The small landlocked country is rich in history and one of the most visited places in Europe. Budapest is a vibrant city, and boasts diversity. It is a place for business start-ups, for families, for education and has excellent health care.
The program, which was established in 2012, gives investors an option of residency by investment other than real estate options. This fast track investor program grants a five-year residence permit to applicants investing in government bonds.
Timeline & Procedure
|Month 1||Step 1||Bluemina does a preliminary check. File preparation begins and required documents are collected. Government and application fees of 60,000 EUR are paid.|
|Month 1-2||Step 2||Once approved, the application process beings and all required documents are collected and translated to Hungarian.
|Month 1-2||Step 3||Signing in Hungarian Embassy|
|Month 3||Step 4||Once client receives authorization (which is received in maximum of 30 days), he wires €300,000 to Residence Bond Agents deposit account.|
|Month 4-5||Step 5||Client receives Bond Certificate that states that bond for a nominal value of €300,000, with a five-year maturity|
|Month 5||Step 6||Permanent Resident cards are issued for applicant and all family members|
Visa Free Travel
Antigua & Barbuda
St. Eustatius & Saba
St. Vincent & The Grenadines
Trinidad and Tobago
Turks and Caicos Isl.
Virgin Isl. (British)
Hong Kong (SAR China)
Government Bonds: The Applicant makes investment amount of 360,000 EUR in a maturity government bond. Of this amount, 60,000 EUR are government fees, which are non-refundable. The total of 300,000 EUR will go to government bonds. After 5 years, the initial investment of 300,000 EUR will be returned to investor without accrued interest.
An extra fee of 10,000 EUR must be paid for every dependent above the age of 18.
The Investor Residency Bond Program was established in 2012 un the Act CCXX which disposes and regulates issuing of residence permits with reference to national economic interest. The law states that a) the third-country citizen who applies verifies that he/she….own(s) a security with a face value of at least EUR 300,000 and with a maturity of at least five years” which security is issued by an enterprise recognized by Hungarian government.
“Bluemina has a great professional team, my application was completed and submitted within days.”
“Bluemina took care of the whole process, I just handed my documents and left the rest to them.”
“Bluemina is all about service. Very smooth and easy application.”
“Received my passport in 2 and a half months from Bluemina.”
“Bluemina really helped me decide what citizenship program was right for me and my family.”
“Have had my passport for 5 years, still recommend Bluemina to my friends and collegues.”