Hungary
Hungary is a country located in Central Europe. It is a part of European Union and Schengen Area, and is a member of NATO. The country’s name in Hungarian language is Magyarország.
Other Basic Facts About Hungary:
- Population: over 9.7 million
- Territory: 93,028 square kilometers (35,920 square miles)
- Official Language: Hungarian
- Dominant Religion: Christianity
- Main Industries: manufacturing, wholesale and retail trade, transport, accommodation and food services.
- GDP: over 181 billion US dollars
- Currency: Hungarian Forint (HUF)
- Capital City: Budapest
- Main Airport: Budapest Ferenc Liszt International Airport
- Calling Area Code: +36
- Time Zone: Central European Time (GMT +1 / GMT +2, depending on the season))
- Hungary passport holders enjoy visa-free or visa-on-arrival travel to 187 countries and territories.
Hungary’s Residence by Investment Program:
Investment requirement:
- At least 56 million Hungarian Forint (approximately 150,000 euros) investment in completed residential property in the capital city Budapest (conditions and fees apply).
Application Processing Time: approximately 2 – 3 months
