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Hungary Investor Residency Bond Program - Steps and Timeline

The following table breaks down the Hungarian program application process into eight basic steps. The total processing time is around 12 months.

STEP 1

File preparation and submission, application fee payment, signing of documents.

STEP 2

Investment is authorized, principal applicant wires the qualified investment amount to investment broker.

STEP 3

The investment broker issues the Bonds and all required investment-related documents as per its mandate with the Hungarian authorities.

STEP 4

The main applicant and all qualifying family members visit the Hungarian embassy to submit their temporary residence visa applications.

STEP 5

The main applicant and each qualifying family member collect their ID cards from the Hungarian embassy (the statutory term for issuance of the cards is up to 2 weeks following submission of the application).

STEP 6

Purchase of Investor Residency Bonds by the investment broker.

STEP 7

Family residence PR application in the Hungarian embassy (not earlier than six months after receiving the temporary permits).

STEP 8

Collection of permanent resident cards (the statutory term for approval of the PR applications is 3 months).