IJJAS LAW FIRM

RESIDENCE PERMIT IN HUNGARY, EUROPE 

 

FULL SERVICE LAW FIRM - 15 YEARS OF EXPERIENCE FROM LONDON AND BUDAPEST

FREE INITIAL CONSULTATION WITH OUR LEADING ATTORNEY-AT-LAW

 

 

If you start a business in Hungary, it is possible to apply for residency permit based on the ground of pursuit of gainful activity. Hungary offers the lowest corporate income tax rate in the European Union (9%), which is one of the lowest rate in the world. Due to the introduction of the above low tax rate and its existing membership in the EU, Hungary is a popular and unique destination for company formation and for tax planning for businesses from all over the world. The residency permit can be granted for maximum three years, and it may be extended by maximum three additional years at a time. In order to start the business immigration process you need to establish a Hungarian company. We can assist you in the course of the entire application process from initial consultation through registering a company in Hungary until the issuance of the residency permit to you and to your family if necessary. If you obtain residency in Hungary you will be able to travel within the Schengen zone. After the issuance of the permit your family can also apply for the residency permit if meeting the conditions of the application process.

Residence Permit in Hungary, Europe

with Real Estate Investment

​It is possible to become an EU resident through investment in Hungarian real estate. This possibility is similar to the programs available in other EU countries but it costs much less, and the processing time is much shorter.

Proposed minimum investment: purchase of at least two apartments, ca. EUR 200,000 in total

 

PROCESSING TIME: ca. 3 months

 

MAIN STEPS:

 

Register a company in Hungary

 

Company formation in Hungary is a quick and easy process, it can be finalized within a couple of days and the entire registration can be done remotely. We provide remote identification and document authentication service, which means, that you do not have to go to the notary or to the consulate to authenticate the documents. You can register your Hungarian company from your home wherever you live. Non-Hungarian residents are also allowed to be the owner and managing director of a Hungarian company. You have to travel to Hungary only for the company bank account opening, and you can start the business activity. One of the possible business activity of the company is property management and renting properties, which practically means, that the company purchases properties, then renting them out and through this business activity the company would generate income but if you wish the company can also do other business activities. Hungary offers the lowest corporate income tax rate in the European Union (9%), which is one of the lowest rate in the world. Due to the introduction of the above low tax rate and its existing membership in the EU, Hungary is a popular and unique destination for company formation and for tax planning for businesses from all over the world.

Purchase real estate

We can help you to find suitable real estate to purchase and to rent it out. Due to our extensive network sometimes, we can also refer to our Clients real estates which are already rented out, therefore after its purchase, it automatically generates income. We provide legal representation in the course of the property purchase and ownership registration process. We have more than 15 years of experience in corporate and real estate law and in our view, it is crucial important, that a qualified lawyer shall represent you during the entire process.

Apply for residency

If you already started the business operation of your Hungarian company, and it generates steady income, you can apply for residency permit. If you obtain residency in Hungary, you will be able to travel within the Schengen zone. After the issuance of the permit, your family can also apply for the residency permit. If you wish to use our services, we can provide assistance and legal representation during the entire process from the registration of your company until the issuance of your residence permit.

 

Pricing

Proposed minimum investment: purchase of at least two apartments, ca. EUR 200,000 in total

Our package fee of EUR 15.000 (+VAT if applicable) includes the following services:

  • Continuous consultation with our senior lawyer during the entire process

  • Company formation with remote identification process, company registration, and bank account opening assistance

  • First year registered office service and mail forwarding for the company* (provided by our partner company)

  • First year accounting services* (provided by our accounting partner company)

  • Property search to find the best properties

  • Full legal representation in the course of the property purchase during the entire process from the property search until your ownership is registered

  • Full legal representation in the course of leasing out the properties

  • Full legal representation by our law firm in the course of the residency permit application process for you and your family

  • money back guarantee

* Registered office service and accounting services are provided by our qualified partner companies.

For further information contact our Law Firm via the below form to schedule a free initial phone consultation with our lead attorney or call +36 30 6237651

Your Consultant:

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Dr. Balázs Ijjas

Senior Attorney-at-Law

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