Recently, the Chinese Embassy in Hungary announced:
Multiple-entry visas with a validity period of up to five years will be issued to eligible Hungarian citizens holding valid passports who plan to travel to China for business, tourism or family visits.
This visa will allow the holder to travel to and from China multiple times within five years, with a maximum stay of 90 days after each entry.
It is not yet known whether Hungary will take reciprocal measures to open a five-year multiple-entry visa to China. However, even if this policy is opened, its scope of application will be limited to business, tourism and visiting relatives and friends, and the single stay will only be 90 days.
Therefore, for those who are interested in asset allocation, planning their children's education path, or eager to live in Europe for a long time and enjoy its high-quality life benefits, they can choose to apply for the Hungarian Golden Visa Program.
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Hungarian Golden Visa Program
Applications have been officially accepted
On July 1, 2024, the highly anticipated Hungarian Golden Visa Program officially accepted applications, opening a new channel for investors seeking to obtain European residency through investment.
Investors can obtain the Hungarian Golden Visa through the following three investment methods.
① Real estate investment fund (applications open)
Invest at least 250,000 euros in a real estate fund approved by the National Bank of Hungary, of which 40% must be invested in residential real estate in Hungary, and a real estate fund investment certificate must be held for at least five years.
② Donation (applications open)
Donate at least 1 million euros to a higher education institution operated by a public trust that performs public functions to support education, scientific research or artistic creation activities.
③ Purchase of real estate (applications accepted from January 1, 2025)
Purchase of residential real estate worth 500,000 euros or more in Hungary can be sold after 5 years.
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Getting a Hungarian Golden Visa
What benefits will you enjoy?
The Hungarian Golden Visa program is the preferred path to immigrate to Europe.
Whether you are planning your children's education path, eager to expand your business in Europe, or hoping to optimize your asset allocation globally, the Hungarian Golden Visa will help you.
Freedom of movement in Europe
Hungary is a dual member of the Schengen Area and the European Union. Once you obtain Hungarian citizenship, you will be able to travel freely within the Schengen area without any additional visa.
In addition, if you have lived in Hungary legally and continuously for five years, you will have the opportunity to apply for EU permanent residence, thereby enjoying the rights and benefits of free residence, work and study in the 27 EU member states.
Children's education planning
Hungary has a complete education system and its education quality ranks among the best in the world. With a Hungarian golden visa, children can attend Hungarian public primary and secondary schools and enjoy up to 12 years of compulsory education, or choose private schools or international schools with a multilingual environment.
In addition, as a member of the European Union, Hungary's education system follows the EU credit recognition system, that is, credits and degrees obtained in Hungary are recognized by European countries. Therefore, after graduating from a Hungarian public high school, children can go to Germany, France, the Netherlands and other European countries for further studies without taking a separate entrance exam.
Asset allocation
In addition, Hungary is one of the countries with the lowest taxes in Europe, with a fixed income tax of 15% and a corporate tax as low as 9%.
This tax policy not only optimizes personal financial structure, but also improves the profitability of enterprises.
With a minimum investment of 250,000 euros, you can obtain a Hungarian Golden Visa and fulfill your dream of living in Europe with three generations of your family.
If you are interested in applying for this project, please contact Xingyunhai International, and we will provide you with customized exclusive services.
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