Hungary

Golden Visa Program

A land where a millennium-long history intertwines with modern possibilities, where intricate Baroque architecture weaves into 21st century living, and where a vibrant culture is embroidered with a cherished heritage, Hungary is fast becoming one of the most sought-after destinations across Europe.

WHY CHOOSE HUNGARY?

Ranked amongst the top 30 most frequently visited countries, Hungary’s allure lies in its inherent ease of living, rendering it an irresistibly appealing destination. A universal healthcare system, high quality education, reasonable costs of living, and high levels of safety make it an enticing choice for residence in the heart of Europe.

Furthermore, additional benefits include:

BENEFITS

QUALIFICATIONS

To qualify for the Hungary Investor Visa, investors must meet the following criteria:

The following family members qualify as dependents of the main applicant:

INVESTMENT OPTIONS

A minimum investment of €250,000 in real estate funds

These are investment certificates which must be issued by real estate funds registered with the Hungarian National Bank.

A minimum investment of €500,000 in the purchase of a real estate property.

Investors are only eligible to purchase residential properties that have been assessed by a licensed valuator.

A donation of €1,000,000 to an institute of higher learning.

This contribution will be utilized towards supporting education, scientific research, as well as artistic and creative endeavors. The institution chosen must be upheld by a foundation dedicated to public interest.

INVESTMENT PROCESS

To be eligible to apply for their residence permit, investors must select one of the available investment options and obtain the Hungary Guest Investor Visa first. At this stage, they must demonstrate availability of funds and undergo a background verification check.

The Guest Investor Visa enables investors to travel to Hungary and fulfill the investment requirement, which must be done within 93 days after their arrival. Upon completion of this step, investors can apply for their residence permit. The permit is renewable, subject to fulfillment of all legal requirements.

To facilitate the process and guide investors, Arton maintains a team of professionals with unmatched knowledge of the local market, as well as the administrative and the legal procedures involved.

APPLICATION FEES

The fees associated with the application process include legal representation fee for the residence application, and state application fees and charges. Arton service fees may vary based on the complexity of the file and the number of applicants. Contact Arton for a comprehensive offer.

In addition to the above, investors must also cover expenses related to document attestation and authentication, application for visa and permits outside of Hungary, travel and sojourn in Hungary before the acquisition and the transfer of their own properties.

All fees charged by the Hungarian authorities and by Arton are subject to change.

LICENSE OPTIONS

To set up a company in the United Arab Emirates, there are five main categories of licenses to select from depending on your goals:

AVAILABLE PATHWAYS

The United Arab Emirates has three pathways to company registration: mainland for global trading, free zone for 100% foreign ownership in the free zone, and offshore for tax optimization.

Mainland

A mainland company is nothing but an onshore company which is registered under the government authority of the concerned emirate. The trade license is issued by the Department of Economic Development of the particular emirate. A UAE mainland company is mainly characterized by the liberal trading conditions. Unlike the other two types of companies, a mainland company has the advantage of receiving authorization to trade both on the UAE local market and outside the UAE.

Free Zone

A free zone company is a company formed within a special economic area within an emirate where goods and services can be traded. There are more than 40 free zones operating in the UAE. Free zones have their own regulations and have a government regulatory body called the Free Zone Authority. The Free Zone Authority is in charge of trade license issuance. A UAE free zone is characterized by the benefits of 100% foreign ownership and tax concessions. A free zone company is authorized to trade between businesses in and outside of the UAE.

Offshore

An offshore company is a business entity that is set up with the intention of operating outside its registered jurisdiction and/or the location of its ultimate ownership. A company may legitimately move offshore for the purpose of tax optimization or to enjoy more suitable regulations.

AVAILABLE JURISDICTIONS

Establishing a company in any part of the world can be challenging – with a multitude of available jurisdictions in the UAE alone, how do you know which one works for you?

While this can depend on several factors like your business activity, company structure, and the necessity of a physical office space, our seasoned business setup consultants take away the hassle with personalized solutions that cater to your unique business needs.

Here are some of the best jurisdictions in the UAE:

Department of Economic Development (DED) Dubai Mainland

For businesses wishing to operate in Dubai and expand across the UAE, the Department of Economic Development Dubai Mainland enables direct trade with customers, other mainland businesses, and the provision of essential services from the government of Dubai.

Dubai Multi Commodities Center (DMCC)

A globally recognized and strategically located freezone, DMCC is ideal for corporate businesses that require a physical presence. With more than 19,000 companies registered to date, DMCC is a trade and enterprise center for commodities.

Jebel Ali Free Zone (JAFZA)

Best known for its world-class port and close proximity to major markets, Jebel Ali Free Zone is an economic trade hub for industrial businesses that require warehouse spaces and logistics infrastructure

Meydan Freezone

Meydan Freezone is the place to be for freelancers and start-ups. With numerous competitive licensing options, this freezone provides a vast support system to new and emerging businesses entering the UAE market.

Ras Al Khaimah International Corporate Centre (RAK ICC)

RAK ICC is one of the world’s fastest growing corporate registries. For businesses looking to setup an offshore operation in the UAE, RAK ICC offers the most time-efficient and cost-effective solution.

UAE GOLDEN VISA

In addition to the business setup options which give foreigners short-term residency status, the Government of UAE has also established a successful long-term residency program. The UAE Golden Visa for investors in public projects and real estate secures 10-year visa for qualifying applicants

The minimum investment requirement is AED2M in the form of:

In some cases, there is a minimum mandatory holding period and restrictions to use loans for the investment.

Benefits :

APPLICATION FEES

All application fees charged by the UAE government are subject to frequent change. These fees depend on the jurisdiction type, license activity and complexity of the process.

Contact us to get precise quote based on your needs and preferences.

NEXT STEPS:

PROGRAM CHECK

Compare the different programs side by side and examine their features.

PROGRAM COST

Find out the cost estimates for each program tailored to your family.

PROGRAM MAP

See the power of global mobility for each passport.

ARTON INDEX SCORE
COST
Web Designer 14%
SPEED
Web Designer 5%
GLOBAL MOBILITY
Web Designer 6%
QUALITY OF LIFE
8%
SIMPLICITY
17%

The Arton Index is an overall assessment and comparative benchmark of the country and its investment program.

hungary
9,643,048

Population growth -0.7%

18,390 USD

GDP (per capita)
GDP (purchasing power parity)
402.51 billion USD

174

Visa free countries

LOCATION
Central Europe

CAPITAL
Budapest

DIFFERENCE
UTC +1

TOTAL AREA
93,028 km2

AGE DEMOGRAPHICS
0-14: 14%, 15-64: 66%, 65+: 20%

LANGUAGE
Hungarian: 99.6%,

English: 16.0%,

German: 11.2%,

Russian: 1.6%,

Other: 7.1%

RELIGIONS
Roman Catholic: 27.5%,

Other Christians: 15%,

Other Religions: 1.3%,

Undeclared: 40.1%

GOVERNMENT TYPE
Parliamentary democracy

CURRENCY
Hungarian forint (HUF)

EXCHANGE RATE
1 USD = 358 HUF

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