Hungary Citizenship By Investment

Hungary is a nation determined to shrug off its long-distant Soviet-era past and embrace its status as an exciting young modern democracy. Hungary is extremely proud of its EU membership status, and with a vibrant economy and growing reputation as a global tech hub it is indeed a valid member. It’s a great time for a foreign investor to buy into Hungary, especially for its citizenship and that all-important EU passport

Hungary Citizenship Benefits In Summary

  • Great Value At €200,000 Per Applicant
  • You Will Receive A Hungarian Passport, Identity Card & Driver’s License Within 90 Working Days
  • You Will Additionally Receive A Hungarian Naturalization Certificate And Enjoy All Benefits Of Hungarian Citizenship For Life
  • You Will Receive A Hungarian Tax Number
  • You Can Make Your Investment Purchase Anywhere In Hungary
  • Your Passport, ID Card & Driver’s License Is Renewable Every 10 Years At Any Hungarian Embassy Or Any Immigration Office In Hungary
  • As A Hungarian Passport Holder You Can Enjoy Visa Free Travel To 182 countries. As Of January 2020 The Hungarian Passport Is Ranked 10th in World
  • Your EU Citizenship Will Lead To Easy Employment In Many Countries Including Visa Waiver Program To USA
  • Freedom Of Movement In All Schengen Countries And To United Kingdom Without Visa

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Citizenship Package Information

Application processing time  

90 days

Visa-free travel countries

182

Minimum Investment

€200,000

Receive Passport, Identity card, and Driver’s License

90 days

Receive Naturalization Certificate

Yes

Receive Tax Number

Yes

Receive Physical Address in City of your choice

Yes

Easy employment in many countries

Yes

Freedom of Movement in All Schengen Countries and to United Kingdom without visa

Yes

How To Become A Hungarian Citizen

The Hungarian Citizenship by Investor program is a golden opportunity for an ambitious foreign (non-EU) entrepreneur to become the citizen and passport holder to a highly respected EU nation. Any foreign entrepreneur who gains Hungarian citizenship will enjoy all of the life changing benefits that come with that status of being part of a highly respected EU member state.

Becoming a Hungarian citizen and passport holder means you are automatically elevated to the status of EU citizen, with all freedom that status gives and doors it opens. As an EU passport holder you will enjoy a vastly improved freedom of movement, including the right to visit, live and work in all European Union countries, plus visa free access to the UK and US.

Program Requirements

The Hungary Citizenship by Investor program is specifically aimed at ambitious non-EU entrepreneurs and investors who are desperate to take their business – and their lives – to the next level. In return, Hungary   is keen to take on new investors who – via Hungarian   citizenship – will continue to add to the Hungarian economy.

Applicants for the Hungarian Citizenship by Investment program are required to:

  • Have proven assets of at least €200,000
  • To be willing to make an investment in Hungary by way of a real estate purchase for the minimum of €200,000
  • To then go ahead and purchase either property or land to the value of at least €200,000 within the borders of Hungary
  • To allow 90 working days for the Hungarian citizenship process to run its course
  • To maintain purchased real estate or land for a period of five years minimum

Benefits Of Choosing The Hungarian Citizenship By Investment Program

Hungary  is an excellent choice for second citizenship in Europe. The benefits of becoming a Hungarian  passport holder are many, so here’s just some of the reasons to choose the Hungarian  CBI program:

  • With an outlay of as little as €200,000, the Hungarian   citizenship by investment program is excellent value
  • As a Hungarian citizen, applicants and their families will have complete freedom of movement throughout Europe’s Schengen Area
  • The Hungarian  passport is the tenth most powerful in the world, with visa-free access to 182 countries. Those visa-free areas include the Americas (North, South, Central and the Caribbean) in its entirety, all of Western and parts of Eastern Europe, Southern Africa, parts of Asia, Southeast Asia and Australasia
  • EU Freedom – As a Hungarian   citizen and EU passport holder, an investor has the freedom to live, work and indeed make their home in any European Union country without restrictions on time and with the same rights as a citizen born to that country.

Key Advantages Of Owning Property, Residing & Working In Hungary

  • Hungary  enjoys a high living standard and enjoy a rich quality of life
  • Hungary is looking to expand its economy, and it is currently one of Europe’s most attractive jurisdictions for holding companies
  • Hungary  offers extremely attractive rates of corporate and private taxation
  • If you are looking to employ non-EU workers, Hungary   has excellent residence conditions for non-EU citizens

About Hungary

Hungary is a landlocked Central European nation of ten million people. Hungary borders seven nations; Austria, Croatia, Romania, Serbia, Slovakia, Slovenia and Ukraine. In a rapidly changing world that doesn’t always respect its past and the ”old ways”, Hungary are a genuine throwback. Few countries have held on to their proud history and strong sense of tradition quite like Hungary, and there is an almost timeless quality to many of their oldest country towns and large cities, none more so than the capital Budapest, often named “The Most Beautiful City In Europe”.

In the 19th century, Austria-Hungary was a major global power, and the Austro-Hungarian Empire was both extremely powerful and highly influential. As any historian will tell you, it was famously the assassination of the Austro-Hungarian Archduke Franz Ferdinand in 1914 that sparked the First World War. Austria-Hungary and Germany formed the Central Powers who fought against the Allies (Hungary , Great Britain and the Commonwealth, the US, Russia etc.) during World War I, and their defeat in 1918 spelled the end of the Austro-Hungarian Empire.

Hungary was largely neutral in WW2, eventually being occupied by the Nazi’s in 1944. Post war, Hungary fell into the clutches of communism and became part of the Soviet run Eastern Bloc. In one of the darkest hours of its recent history, Hungary was invaded by Russia in 1956.

With the disintegration of the Soviet Union in 1989 – 1990 and subsequent collapse of the so-called Eastern bloc, Hungary was free to hold democratic elections, and as a result became a democratic republic.

Hungary became a member of NATO in 1999 and in 2004 was accepted into the European Union. Within less than three decades, Hungary has taken great strides in reasserting itself as a nation to be reckoned with, and is now considered very much a valid and important member of the European Union.

The Hungarian Economy

Hungary is an export-based economy, and the OCED (Organization for Economic Co-operation and Development) describes Hungary as a “high-income, mixed economy with a very high human development index and a skilled labour force.” Despite its relatively small size, Hungary punches well above its weight economically, ranking 30th in terms of global exports. While that may not sound that impressive initially, consider that there are 28 nations in the EU alone, most of them larger than Hungary. In 2019 for example, Hungary’s exports totaled almost $150 billion.

Hungary has a thriving high-tech sector, especially in the fields of Information and Communications Technology (ICT). As a result, Hungary has proved itself a magnet for foreign investors from ICT and electronics manufacturing. Many of the world’s top electronics companies have now established their regional headquarters and manufacturing facilities in Hungary (check out the above infographic), including Bosch, Electrolux, Flextronics, Foxconn.GE, Philips, Samsung, Sony and TDK.

It’s no great surprise that a nation as industrious as Hungary is a target for such foreign investment. In 2019 foreign companies invested over $200 billion into Hungary and its infrastructure. Hungary itself invests an average of $50 billion a year in foreign projects.

Citizenship By Investment Programs

CountryInvestment
Austria Citizenship Program€250,000
Belgium Citizenship Program€200,000
Bulgaria Citizenship Program€65,000
Croatia Citizenship Program€175,000
Czech Republic Citizenship Program€200,000
France Citizenship Program€200,000
Hungary Citizenship Program€200,000
Italy Citizenship Program€190,000
Mexico Citizenship Program€120,000
Holland Citizenship Program€175,000
Poland Citizenship Program€175,000
Slovakia Citizenship Program€52,000
Slovenia Citizenship Program€50,000
Spain Citizenship Program€200,000
Turkey Citizenship Program€75,000

Citizenship Process

  • 1. Discuss with our immigration advisers

    Our advisers will evaluate your circumstances and work with you to select the most suitable citizenship option.

  • 2. Documentation Preparation

    A checklist will be provided and we will guide you through the required documents. Our advisers will be check all documents for compliance.

  • 3. Citizenship Application

    Your application for citizenship will be submitted along with supporting documents confirming your investment.

  • 4. Processing of application

    Each applicant is vetted by the government for a due diligence check.

  • 5. Citizenship approval

    Once the application has been processed and approved, you will be issued with a residence permit.

Contact us today for a free consultation