Search results
Results from the WOW.Com Content Network
The Hungary Guest Investor Program (GIP) is an immigrant investor program created by the Government of Hungary to attract investments from outside the country. Under the program, foreign investors can obtain a Hungarian residence permit for 10 years by contributing at least €250,000.
Receiving this visa is a prerequisite to apply for a residence permit, which would allow the visa-holder to stay in Hungary for 10 years, extendable by a further 10 years, according to the draft.
Persons may apply to be naturalized as a Hungarian citizen after 8 years continuous residence in Hungary if they: have no criminal past at all, have a stable livelihood, are of good character, and; pass a test in basic constitutional studies. Persons may apply to be naturalized after 5 years residence in Hungary if they were: born in Hungary, or
Residential investment can give a permit lasting 5 years and the company route, 3 years. these visas are renewable. 3 years of continuous residence allows a permanent residence permit to be applied for. Seven years residency and passing a language exam will open the opportunity to acquire citizenship and a Hungarian passport. [22]
Permanent residency is a person's legal resident status in a country or territory of which such person is not a citizen but where they have the right to reside on a permanent basis. This is usually for a permanent period; a person with such legal status is known as a permanent resident.
A residence permit [1] [2] [3] (less commonly residency permit) is a document or card required in some regions, allowing a foreign national to reside in a country for a fixed or indefinite length of time. These may be permits for temporary residency, or permanent residency. The exact rules vary between regions.
The blue card is designed to make it easier for a highly skilled worker to move to the European Union and provides some advantages over other types of residence permit. For example, Germany provides the following benefits to blue card holders: [ 15 ]
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!