Thursday 28 May 2015

Hungary Residency Bond Program

Providing the long term stability located in the center of the Europe Hungary is a beautiful place that provides number of opportunities with a friendly environment even to the immigrants and help them to participate in the every activity of the country actively like the local residence of Hungarian.

With the changing year it is demonstrated that the residency bond program for Hungary has increased. The clear picture to it can be studied by the displayed chart

•    In 2013 – 430 bonds were issued
•    In 2014 – more than 2210 bonds were issued
•    In 2015 – calculated to be more issue of bonds than 2014

According to the Hungary residency bond program the Hungary Debt management agency has sold around 2754 residential bond (Government) in the end of the April 2015 and the expectation is high that this will be continued in the same manner by the end of April 2016.

Now, let’s have a look towards what are benefits of making Hungary residency Bond program:

•    As we know that investment is the prime requirement when any one needs to make an addition to investment or say return. No big investment is required here in the business of Hungarian
•    No requirement of making a purchase in Hungary to the real estate
•    A permanent stamp of Hungarian, a citizen of the European Union nation is provided
•    A free travel authorization within the Schengen country (Europe) with the inclusion of the valid passport is provided
•    A royal living style of European can be experienced with the family, get complete health care & benefits,and easily access the state education.
•    Enjoy the real treatment and prosperity of the European business life as a part of the prosperity.

Mentioned are the prime requirements under the residency bond program for making a successful participation:

•    The applicant must be a citizen of non European country and hold a valid passport
•    Under the residency bond program the applicant must be capable of investing the EUR 360000 as a private individual with holding the majority of the shareholders via business

For a successful migration the applicant need to pass some of the basic test that are meant for the verification, it includes:

•    There must not be any threat or fraudulent activity that is meant against the public sector or any activity that may cause risk in security of Hungary
•    The applicant needs not to be attentive in the Schengen Information System in respect to the refusal of entry

On the completion of the above mentioned requirements the applicant gets authorized to participate in the Hungary residency bond program and get a long life residency permit for Hungary. The applicants are required to make a complete documentation for proper and successful bond program of Hungary. The documentation includes -

•    Valid passport (validation of at least 1 year)
•    Copy of the passport
•    Proper residential address proof for security reasons
•    Reference letters of Bank to know the candidate is capable or not
•    Marriage certificate for the proof
•    Birth certificate if the child in minor (aged below 18 years)

Resource: http://www.articlesbase.com/immigration-articles/hungary-residency-bond-program-7271157.html

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