Hungarian Golden Visa
Hungarian Schengen Residence Permit
Investment in Real Estate
Hungary as a Schengen member country has reformed its immigration regulations. There are several new categories of residence permit in the new regulations. The so-called “Guest Investor Program” welcomes international investors to Hungary. By investment in residential real estate, the main investor and his/her family (under 18) can easily get a 10+10 year Schengen residence permit with minimum obligations. This is a program for people above 18 and from countries outside EU and EEA.
CONDITIONS
To apply as a Guest Investor, you should provide a proof of the followings:
- Proof of clear criminal record.
- Proof of valid passport for background and eligibility check.
- Proof of marriage and birth certificates for the spouse and children.
- Proof of legitimate funds and financial resources.
- Proof of health insurance and enough funds to live in Hungary.
- Proof of accommodation in Hungary.
- Proof of investment of 250,000 Euro in a certified real estate fund to be introduced and by Avicenna Holding. This investment is minimum for 5 years.
- Alternatively, proof of purchase of real estate with a value of minimum 500,000 Euro.
POSITIVE POINTS
The Hungarian Schengen Visa program or Guest Investor Program brings many positive points. Some of these positive points include:
- It is a Schengen Residence Permit. You can freely travel or live in any Schengen EU country.
- You have 10+10 years of Schengen residence permit.
- With only one investment, you get the Schngen residence permit for the entire family.
- If you fulfill all requirements, you can apply Hungarian passport.
AVICENNA HOLDING SERVICES
We provide a full service to our applicants from around the world. We will provide you with information sessions in the form of workshops when we answer your questions and give a complete and authentic information about the program.
When you apply for the Guest Investor Program of the Hungarian Schengen Residence Permit, we will take you through the entire process step-by-step. If your application documents are complete, then the process will take a short time and you will get the residence permit. We will assist you with the translation of the documents, Embassy appointments, travel to Hungary, bank account management and the investment process.
Incorporation of Company in Hungary
Visa and Residence Permit
2024 Procedure
INTRODUCTION
Some of our applicants wish to start a business in Hungary and get Hungarian Schengen residence permit via establishing a company and a business in Hungary.
The table below summarizes the steps and overall expenses of this procedure.
If you have any questions you can write to us and our colleagues will soon get back to you.
| No | Subject | Description | Expenses |
| 1 | Required Documents | Name of the shareholderspassport copy full mothers namehome address of the shareholder(s)Name and address of the manager(s)expected company nameseat address of the company in Hungaryexpected activity list of the companyThe name and address of a Hungarian person as the second manager of the company Website and email address of the company managers.Hungarian telephone numbers of the managers.The accountant and tax manager name and address. | The applicant provides the certified translations of the documents in his expense.500 Euro for monthly rent and address management of the company. (6000 Euro per year).1000 Euro per month manager fees and the taxes. (12000 Euro per year).100 Euro per month for website and other secretarial management. (1200 Euro per year).300 Euro per month for accountant, tax and other legal services. (3600 per year). |
| 2 | Company incorporation preparation | The legal documents of the company will be prepared by the official lawyer | 3000 Euro (once) |
| 3 | Company incorporation | Incorporation of company via Skype.Presentation of documents to authorities.Getting tax number and other legal numbers.Opening bank account and deposit of the Company Capital (minimum 10,000 Euro in Hungarian Forints).Establishment of office. | No extra cost. |
| 4 | Company activities | Provide company activities for 2 months.Get the work permits from the Ministry of Labor and welfare. | Expenses depending on the type of activities. |
| 5 | Prepare the documents for visa request | PassportBank account report from home countryProperty deed in home countryDegreeWork certificatesVisa application formsOther documents may be requested | 4000 Euro (paid once) |
| 6 | Get the Embassy appointment | For visa interview.You will be updated and get all the necessary information. | No extra cost. |
| 7 | Embassy Interview | ||
| 8 | Issuance of visa | At the Hungarian Embassy | |
| 9 | Arrival in Budapest | Pick up and hotel transfer. | |
| 10 | Sign all the necessary documents for Residence Permit | Open private bank account.Deposit or transfer to your bank account.Arrange to buy or rent an apartment for your living address.Arrange for the health insurance.Arrange to get the private Social security Number. | Our staff and lawyer will arrange these.No extra cost. |
| 11 | Get appointment at the Hungarian Immigration Office | No extra cost. | |
| 12 | Meet the Immigration Officer | To collect the Residence Permit Card for 1 or 2 years. | No extra cost. |
| 13 | Continue the activity of the company | As announced above | No extra cost. |
| 14 | Extension of Residence Permit | 2 months be for the expiry of the residence permit you should apply for the extension of your Residence Permit | There will be a new cost of 3000 Euro plus the yearly costs of the company.This is NOT included in the initial costs. |
| NOTE: All the extra expenses such as travel costs, insurance costs, renting an apartment, money transfer costs and other personal expenses shall be borne by the applicant and company owners. |
AVICENNA HOLDING
Budapest – Hungary
Geographical Location
Location of Avicenna Holding
The building of Avicenna Holding
Avicenna Holding and Avicenna International College (AH-AIC) is located in the center of Budapest on the border of 8th and 9th districts on the PEST side of Budapest. It is known that the BUDA side of the city is the affluent and posh area, but AH is located geographically in the center of the city to be close to the major universities and other facilities which are needed by the young international students.
This area has greatly developed in the past 20 years and it is moving forward fast with extensive investments of the Hungarian Government and the universities. For example, in the recent years the University of Public Administration (NKE) has developed the magnificent LUDOVIKA project just opposite the AIC campus. It is also known that Semmelweis University will soon start building its Science and Innovation Park just a few hundred meters away from AIC.
In the following pictures, we will show you the location of the AH-AIC and its new Dormitory (Boarding Facility) to get a better idea of the neighbors of AIC. The area is very safe and every day about 150,000 students travel to this area to attend their universities, colleges and schools. Many international students rents apartments here to live.
Detail of Budapest map
Universities in the neighborhood
Detail of Budapest map
1. Avicenna International College
(AIC)
2. Avicenna International College Dormitory
15 min., 1.2km by walk or 9 min. by public transport from AIC.
3. Semmelweis University
6 min., 400m by walk from AIC.
4. University of Public Administration (NKE)
5 min., 350m by walk from AIC.
5. University of Public Administration (NKE) Dormitory
4 min., 260m by walk from AIC.
6. University of Public Administration (NKE)
9 min., 700m by walk from AIC.
7. Semmelweis University
19 min., 1.4km by walk or 14 min. by public transport from AIC.
8. Semmelweis University
20 min., 1.5km by walk or 12 min. by public transport from AIC.
9. Semmelweis University
21 min., 1.6km by walk or 13 min. by public transport from AIC.
10. Semmelweis University
12 min., 1 km by walk or 8 min. by public transport from AIC.
Hospitals and health care services in the neighborhood
Detail of Budapest map
1. Avicenna International College
(AIC)
2. Avicenna International College Dormitory
15 min., 1.2km by walk or 9 min. by public transport from AIC.
3. Szent Márton Paediatric Medical Emergency Service
5 min., 450m by walk from AIC.
4. Heim Pál Children’s Hospital
6 min., 500m by walk from AIC.
5. South-Pest Central Hospital – National Institute of Hematology and Infectology
14 min., 1 km by walk or 14 min. by public transport from AIC.
6. Dél-pesti Hospital
16 min., 1.2km by walk or 10 min. by public transport from AIC.
7. National Heart Institute
19 min., 1.3km by walk or 8 min. by public transport from AIC.
8. Duna Medical Center – private hospital
32 min., 2.3km by walk or 1 min. by public transport from AIC.
9. Semmelweis University – Gynecology Hospital
17 min., 1.3km by walk or 12 min. by public transport from AIC.
10. Semmelweis University Emergency Department
17 min., 1.3km by walk or 12 min. by public transport from AIC.
11. Corvin Quarter – almost fully occupied by international students
22 min., 1.7km by walk or 16 min. by public transport from AIC.