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FAQ
Which are the European Economic Area (EEA) countries?
The European Economic Area (EEA) comprises EU countries Iceland, Liechtenstein, and Norway, allowing them to be part of the EU’s single market. Not an EU member, Switzerland is part of the single market, granting Swiss nationals the same rights.
The EEA countries are: Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden.
What is the Hungarian investment immigration program?
The Hungarian investment immigration program offers a golden visa option for investors. It allows them to purchase bonds from the Hungarian National Bank, purchase residential real estate, or donate to a designated institution, granting ten years of residency.
Can I apply for a new Hungarian residency program?
The Hungarian residency program is open to all nationalities. It is expected to include Russians, Belarusians, and Iranians. The new program is set to launch in January 2024.
What are the program considerations for the Hungary Golden Visa?
Hungary Golden Visa offers a 10-year residency permit, fast processing, and the EU’s cheapest property-based Golden Visa option. It requires no minimum annual stays. It offers generous family eligibility criteria and immediate family reunification. It aso provides peace of mind with capital commitment after residency approval and ID card issuance. The program includes access to Hungarian education, healthcare, and visa-free travel across the Schengen Area.
Can I get residency in Hungary if I buy a house?
No, not automatically. However, non-EU nationals can apply for a residence permit, and property ownership can be a supportive factor in the application. The residency process involves meeting various criteria. It includes financial stability and health insurance coverage.
How much is the Golden Visa for Hungary?
Hungary discontinued its Golden Visa program in March 2017. This program previously allowed residency through government bond investment. Now, non-EU nationals seeking residency must consider other pathways. It can be business investment, employment, or family reunification.
Each path or visa has its specific requirements and costs.
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Hungary: +36 20 354 8774
Austria: +43 677 64735315
Hungary: +36 20 354 8774
Austria: +43 677 64735315
