Heavy!Huge immigration policy is once again undergoing a major reform!
The Hungarian Parliament supports the Guest Investor "** Visa" program for real estate investors!
In fact, as early as November, Reuters reported that Hungary will reintroduce the "visa" procedure, and on December 12, the draft immigration law submitted to parliament was officially adopted with 141 votes in favor and 49 votes against!
After this amendment, the bill on the "Visitor Investors" section will come into effect on January 1, 2024, but the official opening of applications will be suspended in March 2024 from January 1, 2024 to February 29, 2024.
There are currently 3 types of investment:
1.Property**
Invest at least €250,000 in real estate**, 40% of the funds are in Hungarian residential real estate, **must be an investment unit issued by real estate registered with the National Bank of Hungary**;
2.Buying a house
Investment in the acquisition of residential property with a value of at least €500,000, free of lawsuits, encumbrances and claims in the land register, without liability or encumbrances, with a value equal to or greater than €500,000, located in Hungary and registered in the land register by land registry number in the land register.
3.Donations
Donate at least €1,000,000 to higher education institutions maintained by charitable trusts** with a public service mission to support educational, scientific research or artistic creation activities.
After approval, applicants and relatives can:Obtain 10 years of Hungarian permanent residence status at once.
According to the new law, the direction of Hungarian investment immigration has been significantly tightened.
HungaryIn the past, the national debt permanent residence project was highly sought after by the Chinese peopleFrom 2013 to 2017, Hungary's national debt immigrants have gone through the era of 250,000 euros and 300,000 euros, and the quota is quickly sold out!
In just 4 years, the complete cycle of an immigration project has been completed, and many people were turned away in hesitation!
Statistics show that from 2013 to 2017, the Hungarian authorities received a total of 6,621 residence applications from investors. Of these, 4,794 applicants benefited from the program, which resulted in residency in the country.
Later, due to reports of corruption and other irregularities, Hungary abolished the ** visa program in 2017.
Now that the new policy has been enacted, although there is still an option of 250,000 euros in the minimum investment, on the whole, Hungary's immigration policy has shown signs of tightening!
But even if the policy is tightened,Yiju Global estimates: There will still be no shortage of immigrants to Hungary, and after the new policy is released, Hungary is expected to become the next immigration boom country!
Why do you say that?
When it comes to European immigration, many people subconsciously feel that Hungary's aura is not as big as that of Greece, Portugal and Spain, but as the heart of Europe, it is low-key and charming.
Almost everyone who has been to Hungary agrees that it is a very good country for immigrants to live.
Hungary isEU countries + Schengen countries + OECD member statesHolders of a Hungarian permanent residence card can travel freely within Europe without additional visas and restrictions, which facilitates travel to other European countries for greater development opportunities.
And as a European country, Hungary also hasA sound social security system, social welfare spending accounts for 1 4 of GDP. Whether it's health care, pensions, unemployment benefits or social assistance, Hungary has a well-established system to protect people's rights.
For immigrants who need to educate their children, as long as they obtain a Hungarian residence card, their children can enjoy it for as long as they are obtained19 years of free public education, including 3 years of early childhood education, 8 years of primary school, 4 years of middle school, and 4 years of university.
Not only that, but HungarianThe cost of living is not highCompared with the rest of Europe, the price of Hungary is simply the price of cabbage, and the consumption level is about the same as that of the second and third-tier cities in China, so it can be said that you can enjoy a high-quality European life with the least **.
For the Chinese, Hungary also has a unique advantage: it is not Chinese exclusion and is willing to interact with the Chinese!Hungary maintains friendly relations with China, has a well-established Chinese community, does not have to worry about language barriers, and Chinese residents are more likely to integrate into the local society and enjoy high-quality support and services.
Are you really not impressed by such a country with perfect welfare, high-quality education, good development and friendly to the Chinese?
Currently,There are no language, education, capital**, business and other requirements for immigrating to Hungary, as long as you complete the investment, you can get a 10-year long-term residence card at one time, and the application is approved quickly, and the cost performance is very high!
As mentioned above, Hungarian immigrants change frequently, and the threshold generally only rises but does not fall, so interested friends suggest that you act as soon as possible, don't always miss the great opportunity of low-cost immigration!