 "If you are planning to settle in Europe this country has a very good offer read the full information – News-Patiala ਪੰਜਾਬੀ")
If you dream of being settling in Europe), you can now be real. Hungary has launched the Golden Visa Program. Interestingly, Indian citizens can also apply. Hungary started the Golden Visa program in July 2024. Under this scheme you get a 10 year of residence permit, which can be extended for more than 10 years. This means that you and your family can live in Hungary for a long time, and can do business. In addition, this Hungarian visa allows you to travel to more than 30 countries of the visa.
This holiday visa program is called the Guest Investment Permit. It is given to the citizens of non-European countries. The people of the countries like India may enter Europe. After a visa received visa, all family members are covered. The important thing is that it is not necessary to stay in Hungary to maintain this permit.
Why is this visa program specific?
Hungary tax structure is considered to be the most attractive in Europe. Only 15 percent income tax and 9 percent corporate tax is required. That is why the person with business family and high-net-preferred are seeing it as an important occasion. After receiving the Golden Visa, you can apply for citizenship for permanent residence and eight years after the Golden Visha. To benefit this program, you should be at least 18 years old, there should be no criminal record, and have enough money to live with your family.
How to get the Golden Visa?
The Hungarian government has provided three investment options to get the Golden Visa. Under these options, you should invest in Hungary Real estate investment funds and donate to Hungary Public Trust organizations. In addition, to obtain the Gungarian Golden Visa, you must first apply for the Guest Investter Visa from the Hungary Consulate.
This visa allows you to live in Hungary for six months and complete the investment process. Then you will need to complete the investment within 93 days. Upon completing the investment, you must submit proof of investing to the immigration authority.
On approval, you will be given a 10-year residence permit. After the closing of Golden Visa programs, Spain and Portugal has become a preferred option for mid-European countries, Hungary, investors. In addition, the country is attracted to the people because Hungary’s capital represents the European culture and the living cost is less than other countries.