For individuals who have benefited from Hungary’s Golden Visa program, the transition to permanent residency is an exciting opportunity to secure long-term rights in Hungary and the European Union. At Forward Point Solutions, we specialize in providing seamless, expert guidance throughout this important process.

What is the Hungarian Golden Visa?

The Hungarian Golden Visa, formerly known as the Residency Bond Program, allowed investors to secure residency by purchasing government bonds. Though this program ended in 2017, existing participants can transition to permanent residency under specific conditions.

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Why Transition to Permanent Residency?

Upgrading to permanent residency offers numerous benefits, such as:

• Indefinite Stay: The right to live, work, and study in Hungary without periodic renewals.
• EU Mobility: Visa-free travel within the Schengen Zone.
• Access to Public Services: Eligibility for healthcare, education, and social support.
• Path to Citizenship: A stepping stone for those considering Hungarian citizenship.

Eligibility Criteria

Transitioning from the Golden Visa to permanent residency requires:

• Residency Duration: Continuous residence in Hungary for at least five years under Golden Visa status.
• Integration: Demonstrating ties to Hungary through language skills or community involvement.
• Clean Legal Record: A history free of criminal activities.
• Financial Proof: Documentation showing self-sufficiency and stability.

Step-by-Step Process

• Document Preparation: Collect all necessary documents, including your valid residence permit, proof of address, and evidence of financial resources.
• Application Submission: File your permanent residency application at the Immigration Office.
• Interview and Assessment: Attend an interview to confirm your integration and eligibility.
• Await Approval: Processing times may vary, but proper preparation ensures a smoother journey.
• Receive Residency Card: Once approved, your permanent residency card will grant you indefinite residency rights.

How Forward Point Solutions Can Help

Our expertise ensures a hassle-free transition. We provide:

• Tailored Advice: Individualized solutions based on your circumstances.
• Document Assistance: Support in compiling and verifying paperwork.
• Interview Preparation: Guidance to help you confidently present your case.
• Compliance Assurance: Expertise in navigating Hungarian regulations.

Take the Next Step

Forward Point Solutions simplifies the complexities of transitioning to permanent residency. With our dedicated team by your side, you can focus on embracing the opportunities that await as a long-term resident of Hungary.

Contact us today to begin your journey toward permanent residency and greater stability in the EU.

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