{"id":7114,"date":"2016-06-20T17:20:59","date_gmt":"2016-06-20T17:20:59","guid":{"rendered":"https:\/\/www.investmentimmigration.com\/?p=7114"},"modified":"2019-02-12T13:50:19","modified_gmt":"2019-02-12T18:50:19","slug":"hungary-award-permanent-residency-investors-month","status":"publish","type":"post","link":"https:\/\/www.investmentimmigration.com\/hungary-award-permanent-residency-investors-month\/","title":{"rendered":"Hungary to Award Permanent Residency to Investors in a Month"},"content":{"rendered":"
Hungary has streamlined the process by which it grants permanent residency to investment immigration applicants.<\/p>\n
The European nation will cut waiting times from eight months to 30 days for the Hungary National Permanent Residence Program<\/a>.<\/p>\n The program will also be opened to offspring of the main applicant who are over 18, and to dependent parents, for the first time. Previously only children under 18 were included.<\/p>\n <\/p>\n The new rules will begin from July 1.<\/p>\n or<\/b><\/p>\n Previously the program was administered in two phases, with a temporary visa granted initially and then a six month wait for permanent residency.<\/p>\n The program began in 2013, and since then 3,500 applications have been received, with nearly 10,000 permanent residency visa granted to applicants and their families.<\/p>\n Hungary claims to have the most successful residency-by-investment program in Europe, although the schemes in Malta<\/a>, Portugal<\/a> and Cyprus<\/a> are often talked about in these terms.<\/p>\n Malta\u2019s citizenship program remains the only one to be approved by the European Commission.<\/p>\n Opposition parties have criticised Hungary\u2019s program<\/a> for being against the country\u2019s constitution.<\/p>\n Further reading<\/b><\/p>\n Hungary has streamlined the process by which it grants permanent residency to investment immigration applicants. The European nation will cut waiting times from eight months to 30 days for the Hungary National Permanent Residence Program. The program will also be opened to offspring of the main applicant who are over 18, and to dependent parents,…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[454],"tags":[365,367,363],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p8hnWW-1QK","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts\/7114"}],"collection":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/comments?post=7114"}],"version-history":[{"count":0,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts\/7114\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/media?parent=7114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/categories?post=7114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/tags?post=7114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nHungary Investment Requirements<\/h3>\n
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\nBenefits of Hungary Program<\/h3>\n
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