Even though Hungary is not one of the most popular places in the world for those who want to change their way of life, many emigrants do not forget about it. Many positive aspects characterize the state. Firstly, it has distinctive architecture, unique cuisine, a low crime rate, and a loyal tax system. In addition, there is a unique opportunity for active, wealthy entrepreneurs to participate in the Hungarian Golden Visa program, which allows them to have a permanent residency.

According to the expert of Immigrant Invest Vladlena Baranova, the opportunities for making money deposits are expanding for permanent residents of Hungary. The state belongs to the European Union, but it also belongs to the Schengen zone. Therefore, you can use an optimal, safe environment not only for living but also for doing business here. In addition, among the significant benefits, one can not fail to mention the unimpeded entry to many countries, which is a huge plus for those who do not like to sit still.

 

 

Overview of Hungary Investment Opportunities

Exceptional opportunities characterize this rich country. If you want to organize your business on its territory, Hungary golden visa program is available and beneficial for you. Anyone can make a positive impact on the economy of the state, receiving more weighty and valuable rights in return. To participate in the project, you need to fulfill three conditions of your choice:

• buy bonds of the Real Estate Realization Fund of the Hungarian National Bank in the amount from 250 thousand euros;
• purchase a residential property in Hungary worth 500 thousand euros or more;
• become a sponsor of an organization engaged in education or culture, transferring in its favor 1 million euros or more.

Investment opportunities in Hungary are practically risk-free, and all the required authorization papers can be obtained within a month of initiating the procedure. In addition, the applicant does not have to be on the state's territory to fulfill all the conditions.

 

Benefits of Investing in Hungary for Wealthy Expats

There are quite a few reasons to invest your capital in this country. It is impossible not to mention the following benefits of such profitable investments:

• a robust system of legal regulation;
• the best tax incentives, suggesting the possibility of maximizing profits;
• continuous improvement of the region's infrastructure and the emergence of new facilities;
• Hungary's favorable position at the crossroads of trade routes;
• availability of attractive low-cost real estate, the cost of which is about a quarter lower than in neighboring countries.

Foreign investors who are active on the state's territory have access to loans on the European market with low interest rates and other attractive conditions. It is quite easy to buy real estate on the country's territory, as all conditions have been created for this purpose, including a minimum of bureaucracy and the availability of valuable, significant benefits for the investor.

 

Legal and Regulatory Requirements for Foreign Investors

The rules for entrepreneurs in this country are characterized by loyalty. Legal requirements for financial contributions are simple and clear for all participants. Investors wishing to participate in the Hungarian visa project can purchase residential properties. According to Vladlena Baranova, a leading specialist of Immigrant Invest agency, it is enough for a participant to have a company registered in the country to do it easily and quickly. Participants residing in other countries can also make such acquisitions on the territory of the state.

To start the investment process, contact an experienced lawyer. The agreement between the seller and the buyer will include his signature. A representative of the real estate agency should also be present at the transaction.

Regulatory requirements for the purchase of real estate include paying a 10% deposit and a certain fee for the services of the real estate agent and the law firm representative. The agreement between the buyer and seller must be submitted to the Land Registry within 30 days at the earliest.

 

Conclusion

Hungary has recently been ranked eighth in the world for providing a favorable investment climate. Real estate is the best way to invest money in this country, and it is popular with many tourists. Among many advantages, the government has an attractive tax system and other conditions favorable for wealthy expats who prefer to invest in promising residential properties.

Hungary investment opportunities are also determined by the availability of the Golden Visa program, which offers the right to permanent residence on condition of purchasing expensive apartments or making investments that contribute to economic growth. Thanks to this opportunity, the participants of the investment project have more prospects for business and personal life and more incentives for further development.