Europe has been witnessing a turnaround at this point of time with the Brexit becoming a much debated topic at this juncture. The proposal of Britain to exit from the union has sent ripples down the spine and it could be damaging for the Euro Zone on the whole.
Such traits and developments have made other countries more open to migration since after scraping of the agreement relating to the Euro Zone, the Schengen Agreement will no longer be functional to facilitate the movement of the individuals. So, such developments will put more stress on other economies and Hungary has been already feeling the experience of immigration.
It is a small country but it has a quickly developing economy, so individuals can definitely look forward to better life in this country. So, if you as an individual want to immigrate to Hungary, the first and foremost thing which you could do is to find out about this place.
Firstly, in this piece, a brief explanation on the economy and job prospects would be discussed followed by the reasons which would drive you to immigrate to Hungary. The last part of the piece will deal with the visas which can help facilitate the movement to make Hungary your home in the future.
Economy of Hungary
The economy survey was conducted recently on the Hungarian economy and there has been a persistent growth of 2% in the GDP which is a good sign of development. The growth prospects have also given better opportunities for growth and expansion. The public debt in Hungary is also declining, thereby; it has given a good sign of improvement.
The most important aspect under which the immigration takes place is labor and individuals who are aged above 25 years are being readily accepted in the job market, and there has been continuous demand for the skilled have opened up new gateways for more growth and development. This has also positively impacted the income level of the individuals who have seen a tremendous growth in their year on-year income.
So, to immigrate to Hungary at this point of time will not put you into any trouble. If you want the reasons to immigrate to Hungary, reckon few of them which would be discussed below.
Why Immigrate to Hungary?
The nation has given the best healthcare and employee programme to the workers. At the same time, the fluid border in Hungary has enabled many of the migrants to move to this country without any hassle.
Simultaneously, there has been a good law which was passed back in 1989 which brought a revolutionary change in Hungary. The obstacles were removed after the passage of the law, and Hungary was once again functional to the core to help motivate immigrants to think for this country.
The good immigration programmes like just 3 years of stay in Hungary in a relevant job which has demand in the economy will help you get Permanent Residence (PR). So, such moves have been lauded and they have delivered for the immigrants, thereby, they have been increasingly motivated to move to Hungary.
But if you as an immigrant wish to move to this country, there are few stipulated guidelines and visas which you can follow to move this year to Hungary. Take a look at the visa programmes which you can take to help streamline the movement to Hungary!
Hungary Investment Residency Bond Programme
It is an unprecedented initiative which allows the immigrants to move to Hungary by undertaking an investment gateway to this country. The basic purpose of the policy is to attract investors to take investment in the nation. The scheme can only be taken by those individuals who are above the age of 18 years and they are willing to invest in the country.
The individuals who are wishing to take this program must have at least EUR 60,000 at their disposal to make the investment in Hungary. It is highly imperative to note that merely the money is not the only parameter, the individuals are required to meet with all other basic standards to make sure that immigration can be absolute and without any hassle.