Hungary
The Hungarian Golden Visa or the Guest Investor Residence Permit offers foreign individuals and their families the opportunity to gain a long term residency permit in Hungary by making an investment in the country. Residency permits can be obtained in as little as 2 months, are valid for 10 years and can be renewed indefinitely. During that time, residents can travel visa free to the 27 Schengen member countries.
Residency permit is valid for 10 years.
Visa-free travel to the 27 Schengen member states.
Receive your residency card and ID in as little as 2 months.
Include spouse, dependent children under 18, and dependent parents over 65.
The Hungary Guest Investor Programme was put into effect after a law was passed on December 9, 2023 that offered 10-year residency for non-EU nationals willing to invest in Hungary under one of the following options:
INVESTMENT CRITERIA
PROPERTY FUND
MINIMUM INVESTMENT - €250,000
Applicants must invest €250,000 in real estate bonds issued by a Hungarian real estate fund registered with the National Bank.
- Investors are required to retain the investment for a minimum of 5 years.
- The establishment of a real estate fund is exclusive to fund managers possessing a financial license and must be operated according to predefined guidelines.
- Only fund managers holding a site security certificate or registered with the Constitution Protection Office are authorized to engage with Guest Investor visas.
- To support national economic interest, a minimum of 40% of the real estate fund’s net asset value must be invested in residential real estate projects in Hungary.
REAL ESTATE
MINIMUM INVESTMENT - €500,000
Applicants must invest at least €500,000 to attain full ownership of residential real estate situated in Hungary.
- Only residential properties qualify.
- The selected property must have an undisputed and unencumbered title.
- After acquiring ownership, a prohibition on selling or encumbering the property must be registered for a five-year period from the sales contract conclusion date.
- The third-country national applying for the residence permit must exclusively own the residential property for five years. Joint ownership with family members is acceptable.
- Ownership of real estate requires approval from the relevant government office.
- A 4% property transfer tax is applicable at purchase.
- Investors can utilize the property, for example renting it out. Hungary’s personal income tax on rental income is capped at 15%.
pUBLIC DONATION
MINIMUM INVESTMENT - €1,000,000
Applicants may choose to donate a minimum of €1 million to an institution of higher education operated by a public trust, which is entrusted with performing public functions.
- Visa applicants must declare their intention to hold or acquire one of the specified investments. Possession of the investment is not necessary at the application stage. A three-month window is provided for making the investment from the date of entry into Hungary with a guest investor visa.
- Applicants must demonstrate a legitimate source of funds for the investment, which must be accessible or transferable to Hungary. This requirement applies to future investments, not those already made.
- The Hungarian government will define criteria proving health care & financial coverage for third-country nationals.
- Applicants must not be the subject of a Schengen Information System (SIS) alert, expulsion, entry ban, or pose a threat to public order, security, national security, or public health in Hungary. The immigration authority will consult Hungary’s law enforcement and national security services for their opinion on the visa application.
| LOCATION: | Central Europe |
| CAPITAL CITY: | Budapest |
| TOTAL AREA: | 93,030 km2 |
| TIME DIFFERENCE: | UTC+1 (Summer – UTC +2) |
| LANGUAGE: | Hungarian (Official) |
| RELIGION: |
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| GOVERNMENT TYPE: | Unitary Parliamentary Republic |
| CURRENCY: | Forint (HUF) |
| GDP (PPP)(PER CAPITA): | $43,601 USD |
| POPULATION: | 9,678,000 |
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