The Hungarian Residency Bond Program step by step

 

Administration

The investor and his family members should submit the filled in and signed forms of “Application Form” and “Data sheet” transferred to them by us, as well as the apostille birth certificate of the investor, of his spouse and their dependent children living in common household, and the apostille birth certificate of parents supported by investor, the apostille Certificates of Good Moral Character and their apostille marriage certificates.

We will do certified translation of the personal documents at the Hungarian Office for Translation and Attestation Ltd. (“OFFI”)!

Duration of the procedure:     7 days

Contracting

The investor will sign the contracts required for the participation in the Hungarian Residency Bond Program.

Duration of the procedure:                 2 hours

Abroad: 14 days

Payment

After signing the contract the investor will fulfil his liability due under the contract by transferring 300,000 EUR for the bonds specified in the contract, and administration fee of minimum 60,000 EUR.

Duration of the procedure:                 –

In the case of international transfers the probable duration of crediting:                   2 days

Submission of the application for permanent residence permit In Hungary:

The application(s) for the permanent residence permit will be submitted in person at the Hungarian Office of Immigration and Nationality within 2 working days following the crediting of the price of the bond and the administration fee. At the same time the biometric data of the investor and his family members will be taken and their signature will be verified.

Duration of the procedure:                 2 days

Abroad, at the Embassy of Hungary:

The documents necessary for the submission of the application will be delivered to the investors by courier service within 5 working days following the crediting of the price of the bond and the administration fee. You can submit the application(s) for the permanent residence permit at the competent Embassy according to the nationality in person, in compliance with previously asked time by us. At the same time the biometric data of the investor and his family members will be taken and their signature will be verified.

Duration of the procedure:                 14 days

 

Personal appearance is required in both cases!

The required documents (per person):

  • Original copy of valid passport,
  • Document attesting residence in Hungary (e.g. visa),
  • Photocopy of each numbered page of the passport,
  • Tenancy Agreement, or in case of own property certified copy of the title deed
  • Certified copy of the title deed of the rented property,
  • 2 ID photos/person,
  • Fee stamps for 18.000 HUF/ 60 EUR,
  • Certified translation of apostille marriage certificate,
  • Certified translations of apostille birth certificates and the apostille Certificates of Good Moral Character
  • Certified translations of apostille documents proofing the providing support for family members,

Submission of the applications of the investor and his family members may differ in time, since the family members will obtain the rights provided by the program through family reunification.

Duration of the procedure:                 30 minutes / person

Consideration of the applications and issuing of permits

The submitted applications will be considered in accelerated proceedings at the Hungarian Office of Immigration and Nationality; in the case of positive decision on the application the permanent residence permit will be issued.

Time limit for the decision:                            30 days

Time limit for the production:                        21 days

Receipt of the permanent residence permit

The produced card / cards will be received and dispatched for the investor by our company according to the instructions of the investor. The permanent residence permit may also be received personally in Hungary by the investor or his agent or it may be delivered by courier to an address specified by the investor.

Verification of the subscription to bond

The process of underwriting government bonds financed by the investor starts at the day of issuing the permanent residence permit, at the end of the process the company authorized by the Economic and Information Technology Committee of the Hungarian Parliament for underwriting government bonds will issue the bond to the investor. The security produced in such way will be delivered for the investor in the manner specified by investor.

Duration of the procedure:                             45 days

Receipt of the identity card

Investor can initiate applying for ID card and address card at the Hungarian National Single Window with the produced permanent residence permit and with the Decision of the Hungarian Office of Immigration and Nationality.

Duration of the procedure:                             8 days

 

 

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