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Residence permit of Hungary for citizens of the Russian Federation

Residence permit of Hungary for citizens of the Russian Federation

17 August 2023

Obtaining a residence permit in Hungary is an attractive prospect for citizens of the CIS countries.

The Hungarian residence permit gives almost the same set of rights and freedoms as the indigenous people have. The only exception is the lack of opportunities for immigrants to participate in the political life of the country and vote in elections.

Hungary allows you to obtain a residence permit on the condition of buying real estate. The application process is quick and simple, it allows you to get a resident card in no more than 2 months.

The program has a high approval rate among applicants, and investments are required only after obtaining permission. Investing in residential real estate is an easy way to obtain a resident visa, the minimum amount is 155 000 euros (for buying real estate in Budapest).

Main advantages:

  • Residence permit for the whole family. Together with the main investor, a residence permit is obtained by his spouse, minor children (for children over 18 years of age, confirmation of university studies and financial dependence on the applicant is required. Parents can also be added to the application, however they must depend entirely on the main applicant)
  • Visa-free entry to the Schengen countries
  • Access to the banking system, preferential loan rates
  • Free public and international schools in Budapest.
  • Low cost of living and high level of security.
  • An affordable and effective healthcare system.
  • Quick registration procedure
  • There are no requirements for being in the country and knowledge of the language
  • Residence permit for 5 years at once. 

In Hungary, all real estate transactions are carried out only with the participation of lawyers. 

In addition to the documentary support of all stages of the transaction, lawyers conduct an audit of the purchased object, which additionally guarantees the transparency of the transaction.

ARAVANA Multifamily Office experts together with partners will prepare all the necessary documents for you and accompany you at all stages of obtaining a residence permit in Hungary.

Leave a request in the form below and we will contact you as soon as possible.

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    ARAVANA Capital management
    17 August 2023
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