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Residence permit of hungary on the basis of real estate purchase

Procedure:

  1. Selection of a real estate item
  2. Paying an advance payment for real estate being bought (10% of the item cost)
  3. Applying to the municipality for permission to purchase real estate
  4. Consideration of the application (to 30 days)
  5. Obtaining of a decision of the municipal government
  6. Payment of real estate remainder value
  7. Submission of documents for real estate registration
  8. Obtaining of deeds
  9. Payment of government fees
  10. Submission of documents to the Embassy for the D category visa
  11. Consideration of the submitted application (to 30 days)
  12. Obtaining of the visa
  13. Submission of documents to Citizenship and Immigration Administration of Hungary for residence permit
  14. Obtaining of the residence permit

Current expenses in the process of residence permit execution:

  • Legalization of personal documents at real estate purchase – EUR 100.
  • Lawyer’s service at business transaction execution – 3% of the item cost
  • Stamp duty payment – EUR 170.
  • Land tax payment – EUR 60.
  • Property rights registration – EUR 25.
  • State duty at real estate purchase – 4% of the item cost.
  • Payment for courier service – EUR 50.

Prolongation:

  1. The first residence permit is issued for 1 year
  2. First prolongation – 2 years
  3. Second prolongation – 3 years
  4. Third prolongation – unlimited permanent place of residence
  5. Citizenship – application for citizenship can be submitted after 7 years of living in the country

It must be noted that:

For attracting investors to the residential real estate sector, the government of Hungary adopted the Program of Attraction of investment to the residential real estate sector due to which, at real estate purchase, there is no state duty for real estate purchase in Vas Region.

Cost of our service – EUR 5000-10000 (Depending real estate type, its location and several different factors).

Payment terms:

  • 50 %at signing
    at signing
  • 50%at receiving
    a D category visa

 

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www.5starseurope.com Skype: fivestarseurope Tel.: +36 1 445 36 00 Tel.: +33 977 218 718

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