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Hungary Golden Visa Program

Recently Hungary introduced its new Golden Visa initiative, named the Guest Investor Program. It is anticipated that the Hungarian authorities will start accepting applications for this program starting from July 1, 2024.

Hungary's Guest Investor Program is designed to attract foreign investment, offering a tangible pathway to long-term residency and the potential for citizenship to international investors.

Below are the main investment criteria and program features:

Key benefits

  • Right to permanently reside in Hungary
  • Visa-free Schengen assess
  • Engage in business activities in Hungary
  • Serve as an executive officer in a company
  • Work in Hungary 
  • No minimum physical presence after the 10 year Residency Permit is granted
  • Can apply for Hungarian citizenship after eight years of living in Hungary, subject to conditions 

Family Eligibility

Immediate family members are eligible for residency under the main applicant's investment: spouse and minor children

Main  requirements

  • Applicants must prove that the source of funds for the investment is legitimate 
  • Have health insurance 
  • A clean police record
  •  Be of good standing

Investment options

  • Investment in a real estate fund registered with the National Bank of Hungary - minimum €250,000 
  • Purchase of a residential property in Hungary, with property's value at least €500,000 
  • Contributing a monetary donation of no less than €1,000,000 to a higher education institution 

Timeframe

 

Obtain a Hungary guest investor visa

Travel to Hungary

Fulfil one of the investments

Application is submitted for a residence permit

Residence Permit for 10 years is granted

Extension will be possible for up to 10 years provided the investment is maintained