Investors benefit from financial aid and tax incentives provided by the government. The corporate income tax rate is 9%, the lowest in the European Union. Hungarian government bonds are a conservative and secure investment tool that can yield returns of 6.2% to 6.8% annually.
Foreign citizens are also permitted to purchase real estate in Hungary. Investors who buy residential properties with a minimum price of €500,000 can obtain a 10-year golden visa.
Hungary is considered the best country for investment in Eastern and Central Europe and ranked first in attracting foreign direct investment across Europe according to the 2022 Global Business Facility Rankings.
A favorable legal environment for investors. As a member of the European Union, Hungary’s laws are transparent and fully aligned with EU regulations.
A strong banking system. Hungary’s banking system is considered one of the healthiest and most developed in Central and Eastern Europe. A favorable tax rate for businesses. Companies in Hungary pay a flat corporate income tax rate of 9%. Grants and incentives for businesses. The Hungarian government provides various measures to support the competitiveness of businesses.
A strategic location. Hungary is located at the crossroads of major transportation routes, providing quick access to anywhere in Europe.
Affordable cost of living. Consumer goods and services prices in Hungary are 30% lower than the EU average.
Opportunity to obtain residency through real estate investment. Foreigners who purchase real estate in Hungary can receive a 10-year residency permit.
Living in one of the EU countries
The ability to travel to all EU and Schengen Zone countries without a visa.
Lower living costs in Hungary compared to other European countries.
The opportunity to obtain permanent residency in the shortest time possible, as well as residency for spouses and children.
The lowest initial investment required for investing in Hungary compared to other European countries.
Low income taxes and the possibility for dependents to secure employment in the shortest time possible.
Support for foreign investors by the government, resulting in low investment risks in Hungary.
- Buying Property in Hungary
- Entrepreneurship in Hungary
- Company Registration in Hungary
Real Estate Investment in Hungary
One of the methods for investing in Hungary is through real estate. The housing prices in Hungary are rising rapidly, supported by favorable economic conditions, high wages and employment rates, and low loan interest rates. It is important to note that according to Hungarian law, foreign investors cannot purchase agricultural land and its properties. They can only invest in residential or commercial real estate in Hungary.
Real estate investment in Hungary is one of the best and fastest ways to obtain European residency. In general, to purchase property in Hungary, the investor must obtain the necessary permit from the local municipality. This process takes about 2 to 3 months. Additionally, buying property in Budapest (the capital of Hungary) requires approval from the Administrative Office (AOB).
This is one of the most attractive investment options in Hungary. To pursue this route, adequate capital is required. After purchasing property, a valid visa for 90 days will be issued to the investor.
One of Hungary’s newest schemes is the “Plus Residency” through real estate purchase. Unlike previous methods, this route does not require physical presence. From the start, the applicant receives a renewable 10-year residency. If the conditions are met, the investor can apply for citizenship after 8 years. Budapest, Pécs, and Debrecen are some of the best places to purchase property in Hungary.
One of Hungary’s newest schemes is the “Plus Residency” through real estate purchase. Unlike previous methods, this route does not require physical presence. From the start, the applicant receives a renewable 10-year residency. If the conditions are met, the investor can apply for citizenship after 8 years. Budapest, Pécs, and Debrecen are some of the best places to purchase property in Hungary.
Investment in Hungary through Entrepreneurship
Entrepreneurship is a key driver of economic development in Hungary, and its appeal to foreign investors has grown in recent years. Applicants for entrepreneurship in Hungary must prepare a suitable business plan to introduce their business area.
Hungary has divided its entrepreneurial system into three parts: Central Hungary, Northern Hungary, and Southern Hungary, with Central Hungary ranking first, Northern Hungary second, and Southern Hungary third. Some regions of Hungary require more attention when it comes to motivation and entrepreneurship.
In terms of costs and initial investment, entrepreneurship and investment in Hungary are among the most affordable options in the European Union. Applicants wishing to engage in entrepreneurship and investment in Hungary should plan for a minimum investment of €50,000.
Investment in Hungary through Company Registration
The company registration process in Hungary takes at least 3 to 4 months, and after registration, a one-year permit must be obtained from the Hungarian government.
Hungary offers an excellent opportunity for investors to access the European Union markets. Financial stability, free flow of capital, labor force in the EU, government grants, a favorable investment environment, developed transportation and logistics, a trained workforce with low costs, and IT quality make Hungary the best destination for investment by many international companies.
The minimum cost and initial investment for this method range between €5,000 and €55,000. Hungary is one of the countries that allows individuals to enter the profitable field with a low budget and avoid stagnation.
Hungary, one of the most beautiful countries in Central Europe, with a rich culture and long history, is recognized as a popular tourist destination. In 2023, the country hosted over 15 million foreign tourists. Due to its unique geographical location at the heart of Europe, Hungary is one of the most important communication hubs between Eastern and Western Europe. Budapest, the capital city, with its stunning architecture, historic bridges over the Danube River, and famous thermal baths, is one of the most attractive cities in Europe. Hungary also plays a significant role in the fields of tourism, agriculture, and information technology as one of the growing economies of the European Union.
Life in Hungary
Hungary, with a growing and diversified economy in agriculture, industry, and services, particularly in information technology and tourism, is recognized as one of the attractive destinations for foreign investment. The country offers secure investment opportunities in various sectors such as real estate, startups, and local businesses, making it an ideal destination for international investors. Alongside these economic opportunities, Hungary is considered one of the countries with a high quality of life in Europe. A good work-life balance, strong healthcare system, high security, and extensive social networks are among the important factors that make life in Hungary enjoyable and peaceful.
In Hungary, immigrants rarely feel isolated; the people are kind, hospitable, and welcoming to foreign communities. Hungarian culture, with its deep roots in rich history spanning thousands of years, particularly in areas like architecture, music, and family traditions, shares similarities with our Eastern culture as Iranians. This common culture helps immigrants easily adapt to life in Hungary. The Hungarian government, focusing on enhancing social welfare, has developed numerous policies to support families and promote a happy and active life.
Hungary’s healthcare system is one of the best in Central Europe, offering extensive healthcare services that meet the needs of all social classes. Additionally, with over 60 prestigious universities and an advanced educational system, Hungary is one of the top destinations for education in Europe.
Unique Features of Hungary
Hungary, with its unique blend of rich history, vibrant culture, and special geographical location, is one of the most distinctive countries in Europe. The country’s beautiful capital, Budapest, known as the “Queen of the Danube,” offers an extraordinary historical heritage, including medieval castles, natural thermal baths, and majestic imperial-era architecture.
One of Hungary’s unique aspects is its language, Hungarian, which belongs to the Finno-Ugric language family and is completely different from other European languages, giving Hungary a distinct cultural identity in Europe. Moreover, Hungary is one of the few European countries known for its natural thermal baths, and historically, it has been a destination for those seeking natural treatments and wellness.
Due to its central location in Europe, Hungary serves as a bridge between East and West and plays a key role in transportation, trade, and culture. With its quality education system, prestigious universities, and relatively low cost of living, Hungary has become an attractive destination for students and immigrants.
Additionally, Hungary, known for its rich history in classical music and large cultural festivals, such as the Sziget Music Festival, draws artists and culture enthusiasts from around the world. This blend of history, art, nature, and daily culture makes Hungary one of the most special and unique countries in Europe.
Hungarian passport holders can travel visa-free to 171 countries worldwide, making it one of the most powerful passports for international travel. These countries include the United States, the United Kingdom, Japan, and Australia.
Furthermore, holders of Hungarian residence permits can freely travel within the European Union and the Schengen Area, visiting over 35 European countries, including Georgia, Montenegro, Serbia, and Turkey, without the need for a visa.
