purchase of at least two apartments, ca. EUR 240,000 in total
+ one year maintenance, administration, legal and personal assistance by Helpers: EUR 20,000
ca. 3 months
Hungarian company formation is the fastest and simplest in the European Union, as it takes only 4-5 business days, and whatever nationality you are, you will need only a document of identification – mostly your passport. You have to travel to Hungary only for the company bank account opening, and you can start your activity right away. Your main activity will be property management (as the income of your company will come from renting the property you purchase), but through your company and automatically granted EU VAT number you will also be able to do other forms of business in Hungary and in the EU if you wish to.
Your business activity will mainly consist of renting the real estate you purchased. To make your business feasible, you will be required to buy property that is likely to attract reliable tenants. In Hungary (and Budapest) there are various kinds of real estate, from apartments in historical buildings to flats in block buildings. With the help of our extensive network, we will help you choose the (at least two pieces of) real estate that will make the best turnover for you.
If you are running a successful business and have steady income in Hungary, you become eligible for residency. A solid business plan will confirm the viability of your company and support your residency application. Moreover, if you are already a resident, you can bring along your family (your spouse and underage children).
Naturally, we will guide and help you through every step.