Permanent Residency in One Month – New Law Makes Hungarian Residency Bond Program Even Better

Press Release ( - BUDAPEST, Hungary - May 23, 2016 - Residency Bond Program Ltd welcomes the new immigration law passed by the Hungarian parliament. Although the Hungarian Residency Bond program has been the most popular in Europe, the new regulation makes it even more attractive. Even though the old procedure was the easiest and fastest one in Europe, the new rule simplifies and speeds up the process and involves dependent family members in the program as well.

According to the new law, clients obtain a permanent residence permit in one step and the processing time is reduced to 30 days. The essential acceleration of the process will be in force from the 1st July. The previous procedure consisted of two phases: after receiving temporary residence permit, applicants had to wait six months before they could apply for a permanent residence permit. The processing time was 70 days. The total time of obtaining a permanent residence permit is now reduced from 8 months to 1-2 months. The Hungarian program is indeed the fastest track to Europe.

Till now only children below the age of 18 could obtain a residence permit under the application of their father or mother. According to the new regulation, dependent children and also dependent parents are involved in the program as well. The new law significantly widens the circle of potential candidates of the Hungarian residency program.

“I am convinced that the Hungarian residency program is the best offer in Europe,” said Residency Bond Program Ltd’s managing director Laszlo Gaal. “The fast track is now open for clients having dependent children above 18 or dependent parents.”

The world around us is changing, and so is Europe. The biggest migratory wave of the last 70 years has put Europe and the Schengen treaty under great pressure. The terror in Paris and Brussels has only increased the crisis. All this is creating an atmosphere of uncertainty and fuelling fears for the future. People are seeking a safe future for their families.

The Hungarian Residency Bond Program has offered a lifelong residence permit for the whole family since 2013. Hungary is a member state of the European Union (EU) and is a Schengen country as well. People having a Hungarian residence card may freely travel within Schengen countries without a visa and border control and may also live and work in Hungary.

The Hungarian Residency Bond Program is getting popular: the number of residence permits issued increases steadily. More than 3500 applicants entered the program, and almost ten thousand people (including family members) have received Hungarian residence permits. The numbers above outperform the success of other European residency and citizenship programs.

“We are well aware that the future of their families is the most important for our clients,” said Kriszta Tasnadi, client manager, “and we strive to make our clients’ life easier and to help them in securing their family’s future.”


Residency Bond Program Ltd is an independent immigration service provider offering a variety of investment immigration options such as residency and citizenship programs. Each of them is the best in one sense or another. For more information, please visit:

Source : Residency Bond Program Ltd

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