Thursday 9 July 2015

Hungary Residency Bond Programme—A Passing Look

The Republic of Hungary is world renowned for many reasons. Located in Central Europe, it is all the more valuable for the prospective immigrants from throughout the globe. Today, immigration trend has changed significantly, and a growing number of aspirants are turning towards lesser known countries, like, for instance, Hungary, which proffers better career and business opportunities for them.

Economically, the country has a strong growing economy. Since 2004, it is a member of the World Trade Organization (WTO). It later became the member of the European Union (EU).  In the last one decade or so, it has won accolades internationally. Globally, its capital city Budapest is famous as one of the most popular and is among the most visited international cities.

The country has become quite famous, especially among those who wish to live and work in Europe. Irrespective of the fact that the country had badly suffered during the World War I and II, and had a broken economy till the late 90s, many people wish to migrate to the beautiful land locked country.

Hungary Residency Bond Programme

For those who are interested in Hungary Immigration, let’s talk about Hungary Residency Bond Programme!

Despite the fact that the scheme was brought into existence during the late 2012, it became available for the candidates only during the mid 2013, in the wake of the urge of the Hungarian regime to apply modern-day approach in drawing investment from overseas.

The scheme gradually evolved from a blend of demonstrated practices across the globe even as it is duly addressed to business persons who do not have either the citizenship or residency of the EU. The well-known scheme comes with loads of advantages.

This is an easy en route to Hungary, especially for the non-European citizens, who are on a continuous look out for an opportunity like this. Hungary Residency Bond Programme is arguably one of the most famous and most attractive programmes.

It offers an exceptional opportunity to acquire Permanent Residence (PR), giving you an open opportunity to live and work anywhere in Europe and the Schengen Zone. All you have to do is to make an investment of EUR 300,000 for a fixed period of five years, and get a life time permit not only for yourself but for your family members as well.

Unlike other countries the programme does not have fixed criteria for candidates when it comes to management experience or personal capital. The programme does not have stringent rules and regulations.  However the Hungarian consulate may call you for a personal round of interview.

As stated above, if you have of EUR 300,000, and you are ready to purchase special Hungarian government bonds for a maturity period of five years, then you may acquire the Hungary Residency Permit in just a few weeks.

Post the maturity time-frame, the invested net worth will be returned to the investor, without any interest on it.  During the five years, the Hungarian Government will make use of your invested money in developing the country’s economy, and will create employment opportunities for its citizens.

On your behalf, the concerned agent will purchase specially developed Hungarian Government bonds. This transaction of Euros is regarded as a subscription agreement, it is illegal to trade these bonds further. Once the security is issued in the name of an applicant, the agent will declare the purchase of bonds, and within 45 days, a resident permit will be issued in the name of the main aspirant.

Initially, a visa is issued for ninety days, and once the aspirant reaches the shores of the immigration hotspot, a PR is issued for five years which will be automatically renewed at the end of the tenure. The country recognizes dual citizenship, and if you wish to become its citizen, you may submit an application for the same once you have lived in the country for at least eight years.

Interested persons contact us at- anilk.abhinav@gmail.com , for free assessment by our experts.
Or fill the link form - http://goo.gl/forms/AZOZCsesTm

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