27 August 2021 Last Updated: 06 March 2024

Europe
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Type: Residency by Investment
Investment: EUR â‚¬250,000
Duration : 3 to 6 Months
Benefits: The Hungary RBI program offers a Residency permit in as soon as 90 days, visa-free travel to the Schengen Zone, and family inclusion.

â‚¬ 500,000

Minimum Investment Amount

1-3 Months

Average Obtaining Period

8 Years

Return on Investment

Hungary pathway to Residency Overview

In November 2023, Hungary announced it would revamp its immigration law, and among the many changes proposed was the introduction of an all-new Golden Visa program which grants Residency to Investors.

Officially known as the Guest Investor Visa, this new Hungary Golden Visa is especially focused on Real Estate, seeking to take advantage of the abundant amount of product in the market to turn it into a booming industry. Though it was also originally set to officially start in September 2024, the Hungarian parliament actually anticipated the launch of its new Golden Visa to January 2024.

How to get the Hungary Golden Visa and become a Resident

Similar to other European Golden Visas, Hungary has basic requirements, including a valid passport, a clean criminal record, the financial means to sustain oneself during their time in Hungary, and not pose a threat to Hungary in any way, shape, or form. The

main applicant must also be a non-EU/EEA citizen, and the funds to invest in the country must originate from a legitimate source.

Besides these and other standard documents, considering Real Estate is the Golden Visaâ€™s main focus, the applicant must submit the contract of sale and purchase of a residential property inscribed in the Land Registry of Hungary in the first 93 days of the application submission.

Benefits of Hungary Golden Visa

Residency in Hungary

The new Hungary Golden Visa grants Residency in the country for 10 Years, renewable for the same amount of time.

Family Inclusion

The main candidate can include their spouse and dependent children under the age of 18 in the application, reuniting the entire family in Hungary.

Path to EU Citizenship

The Hungary Golden Visa unlocks the EU Citizenship & Passport after living in the country for 8 years.

Minimal Requirements

As long as the investment is maintained for 5 years, the investor can keep Residency with no need to visit or live in Hungary, or a language test.

Excellent Return on Investment

With a Golden Visa geared toward Real Estate, and a thriving, appreciative sector, investing in Hungaryâ€™s Real Estate will generate excellent returns.

Lower Cost of Life & Higher Standards of Living

As an EU country, Hungary boasts a higher quality of life and standards of living, all the while having one of Europeâ€™s lowest costs of living.

Investment Options for Hungary Residency

Taking advantage of an untapped market with boundless potential, the new Hungary Golden Visa is especially geared toward Real Estate.

Real Estate Options

Acquire residential property in the minimum amount of â‚¬500,000,

Invest â‚¬250,000 in Real Estate Investment Funds.

Other Options

The only remaining option is a non-refundable donation of â‚¬1 million to public e.g.: educational, scientific, and artistic institutions, that is maintained in Hungaryâ€™s public interest.

Investing in Hungary Real Estate

While retooling its immigration law, Hungary realized it had a unique situation. With more than 90% of its population being homeowners, and a vast number of properties on the market, Hungary spun its untapped Real Estate market and created this new Residency by Investment program to bolster the country’s economy, following the success of other European Golden Visa Real Estate options.

With appealing opportunities, Hungary is poised to draw in more foreign investment. As the Hungarian Real Estate is bound to become an increasingly appreciative venture, investing in the country’s property market will undoubtedly guarantee high returns on the original investment.

Timeline

With vast experience with other investment immigration programs, our team set out to discover the best way to approach this new European Golden Visa. Essentially, the application process is remarkably similar to other Residency by Investment programs, and our team has already successfully helped investors get their Golden Visas in Hungary.

Step-by-step process

1

Investment Selection

Property acquisition is the best Golden Visa option. Understanding this, Investment Visa has sought a wide range of select properties qualifiable for the program. Our advisors will refer you to the best properties according to your needs.

2

Funds for Investment

Since the investment has to be done within 93 days of the application submission, it is best to gather them beforehand and ensure you have everything ready to proceed with the Hungary Golden Visa program.

3

Documentation Check

Our team of experts will detail all the documentation you will need to provide, and verify if everything is in accordance with the Hungarian requirements.

4

Golden Visa Submission

Acting as your liaisons in Hungary, our team of advisors will submit your Golden Visa on your behalf.

5

Residency Permit & Renewals

Success! With the Hungary Golden Visa, you get Residency for 10 years. Along the way, you can apply for Permanent Residency or Citizenship. If not, you can renew the Golden Visa for another 10 years.

Cost Estimates

Considering a Real Estate purchase of USD 500,000

Whether funds or residential property, the initial investment will be the bulk of the cost to acquire the Hungary Golden Visa.

Besides the necessary â‚¬500,000 to purchase residential property and qualify for the Hungary Golden Visa, there are further associated costs, which ultimately depend on the final amount from which the property is purchased. Between stamp duty, VAT, and administrative, government, notary, and legal fees, there is no estimated amount as to what the final Hungary Golden Visa cost might be. The best way to acquire a fully detailed breakdown is to contact our Investment Visaâ€™s advisory team.

Property purchase

â‚¬500,000

Associated fees:

Residency Permit

*Request the information from one of our Investment Advisors

+ Each family member (except under 18)

1 spouse

+ Printing of each individual electronical residence permit

applicant + spouse + 2 children
*Request the information from one of our Investment Advisors

Total ⁽¹⁾

Min. â‚¬500,000

⁽¹⁾Please be aware that this information is merely indicative, and not binding. It assumes the cost for a family of four, including two children. The final cost may vary according to your situation.

Moving to Hungary?
Check our Guide to Find All You Need to Know about the Country

We Are Hungary
Residency by Investment Experts

Despite its recency, Investment Visa advisors have already helped and guided investors to obtain their Golden Visa in Hungary.

Contact Us and Receive our Advice

If you want the best advice and guidance on the market, then all you need to do is provide your contact details, and we at Investment Visa will get back to you as soon as possible.

Investment Visa Experts

Even if Hungary is not for you, there are several other investment immigration programs; not just Residency, but also straight-to-Citizenship initiatives. Contact Investment Visa today and find out the best Golden Visa for you!

You can count on us

Led by industry veterans with over 25 years of experience, Investment Visaâ€™s advisory team has guided thousands of investors to their second residency & citizenship. You can count on us to deliver on all your objectives.

Frequently Asked Questions

No. Besides Real Estate, there is the option to donate â‚¬1 million to public institutions in Hungary. While this is more philanthropic in nature, it does not pave the path for obtaining a return on the investment.

You can include your spouse and dependent children under the age of 18. Other family members, such as parents, may also be included per the payment of additional fees.

Yes. The best way to secure Hungary Golden Visa and obtain a high return on the investment is through the purchase of Real Estate.

No. Acting on your behalf with power of attorney and as your legal representative, Investment Visa can submit your application without the need for you to travel to Hungary.

There is no exact total cost for the Hungary Golden Visa, as every situation is different and the final amount depends on a variety of factors, including the chosen Real Estate option However, the minimum investment amount to acquire a residential property is â‚¬500,000.

No. There is no direct path to Citizenship by Investment. However, Golden Visa investors are able to become Citizens after living 8 years in the country.

The initial Golden Visa is issued for 10 years. You only need to renew it at the end of the decade, but you do not need to live in Hungary to do so. As long as you keep the investment for 5 years, you will be able to apply for Permanent Residency at the end of Year 3.

Hungary does impose some restrictions based on nationality, but the program is exclusive for non-EU/EEA nationals. To find out whether you can apply for the Hungary Golden Visa, contact Investment Visa today and start your application process!

The Hungary Golden Visa is a new official Residency by Investment program, not to be confused with the program that was disbanded in 2017. This new program seeks to attract economic investment into the country in exchange for residency in an EU country.

Hungary Residency by Investment

Moving to Hungary