Hungary Golden Visa
Minimum investment
Permit validity period
Visa-free with a permit
Investment program
8 benefits of the Hungary residence permit by investment
Visa-free travel
Permit holders can travel without visas to the EU, Schengen Zone, and other European countries, totaling 38 nations.
Family inclusion
The program allows investors to include family members in the application, including spouses and children under 18, enabling families to move and stay together.
Safe haven abroad
Hungary residency offers a reliable alternative, serving as a safe haven during political or economic turmoil in the home country.
Access to high-quality healthcare
Hungary is renowned for its medical tourism, thanks to its high-quality healthcare that meets EU standards. Participants in the Golden Visa program gain access to these top-notch medical services.
Educational opportunities
Seven Hungarian universities rank among the top 1,000 worldwide. Residence permits enable investors’ families to access these prestigious institutions.
Low cost of living
In comparison to other Western European nations, Hungary typically offers a more affordable cost of living.
Business opportunities
Hungary’s central location in Europe and its EU membership make it an attractive location for business, offering investment and entrepreneurship opportunities within a stable economic environment.
Tax optimisation
Hungary offers favourable tax conditions for residents. The corporate tax rate in Hungary is 9%, the lowest in the EU. The personal tax rate of 15% is also relatively low compared to other European countries.
Permit holders can travel without visas to the EU, Schengen Zone, and other European countries, totaling 38 nations.
The program allows investors to include family members in the application, including spouses and children under 18, enabling families to move and stay together.
Hungary residency offers a reliable alternative, serving as a safe haven during political or economic turmoil in the home country.
Hungary is renowned for its medical tourism, thanks to its high-quality healthcare that meets EU standards. Participants in the Golden Visa program gain access to these top-notch medical services.
Seven Hungarian universities rank among the top 1,000 worldwide. Residence permits enable investors’ families to access these prestigious institutions.
In comparison to other Western European nations, Hungary typically offers a more affordable cost of living.
Hungary’s central location in Europe and its EU membership make it an attractive location for business, offering investment and entrepreneurship opportunities within a stable economic environment.
Hungary offers favourable tax conditions for residents. The corporate tax rate in Hungary is 9%, the lowest in the EU. The personal tax rate of 15% is also relatively low compared to other European countries.
Requirements for applicants for the Hungary residency by investment
Investor
From a non-EU and non-EEA country Over 18 years old With legal income With insurance
Spouse
In an official marriage
Children
Under 18 years old
Parents
Financially dependent on the investor
Initiate your path to residency in Hungary
Investment options under the Hungary Golden Visa program
€250,000+
An investor can purchase units of real estate funds with a minimum value of €250,000. The selected fund should be registered with the Hungarian National Bank.
€500,000+
An investor can purchase residential real estate costing at least €500,000. To acquire a property, it is necessary to obtain permission from the Land Registry with the assistance of a lawyer.
€1+ million
An investor can donate a minimum of €1 million to a higher education institution as a charitable contribution. The institution must be supervised by a public interest management foundation. The donation will support Hungarian education, sports, and the arts.
Documents required for a Hungary residence permit by investment
- Passport valid for at least 1 year.
- Completed application form for a residence permit.
- Two 3×4 cm photos taken less than a month ago.
- Health insurance documentation.
- Proof of legitimate income.
- A statement confirming the applicant’s intention to fulfil the investment condition.
- Proof of investment.
- Bank statement indicating cash balance.
- CV for every family member over 18.
- Marriage certificate, if applicable.
- Birth certificates, if applicable.
Step-by-step procedure for obtaining Hungarian residency
The full process of obtaining the Hungary Golden Visa is estimated to take at least 6 months. The program is scheduled to launch in 2024.
1. Find an agent
Consult with a qualified professional, such as a lawyer or authorised legal advisor, to assist you in navigating the steps required to obtain residency in Hungary.
2. Pass a preliminary check
The agent will conduct a thorough preliminary assessment to verify that you meet the necessary criteria and are likely to fulfil the Hungarian residency requirements.
3. Choose an investment option
The Hungary Golden Visa offers investors three options to choose from: property purchase, purchase of real estate fund units, or contribution to education.
4. Apply for a Guest Investor Visa
Submit the necessary documents to apply for a Guest Investor Visa, which is issued for 6 months. During this period, the investor must travel to Hungary and apply for a residence permit.
5. Visit Hungary to fulfil the investment condition
Upon arrival in Hungary, the investor must contribute to the chosen project before applying for a residence permit. The law allocates 93 days for this process, starting from the first entry into Hungary on a Guest Investor Visa.
6. Wait for the application processing
The residence permit application is processed within 21 working days. If the decision is positive, the applicant gains access to an electronic appointment at the immigration office.
7. Visit the migration office in Hungary
Schedule an appointment to visit the migration office, where you will take a photo and submit biometrics. A passport and originals of documents are required. The card will be mailed to the investor’s designated address within 21 days.
8. Extend your residency
A residence permit is initially valid for 10 years. Before it expires, an investor can apply for an extension, which can be granted for an additional ten years.
Comparison with other Golden Visas
Status
Residence permit
Minimum investment
€250,000
Obtaining period
6+ months
Initial permit validity
10 years
Permit extension
For 10 years
Number of investment options
3
Types of investment properties
Residential
Requirement to stay
None
Status
Residence permit
Minimum investment
€250,000
Obtaining period
8+ months
Initial permit validity
2 years
Permit extension
For 2 years
Number of investment options
5
Types of investment properties
None
Requirement to stay
7 days a year
Status
Residence permit
Minimum investment
€250,000
Obtaining period
3+ months
Initial permit validity
2 years
Permit extension
For 3 years
Number of investment options
4
Types of investment properties
None
Requirement to stay
None
Status
Residence permit
Minimum investment
€250,000
Obtaining period
6+ months
Initial permit validity
5 years
Permit extension
For 5 years
Number of investment options
6
Types of investment properties
Residential or commercial
Requirement to stay
None
Status
Permanent residence
Minimum investment
€300,000
Obtaining period
6+ months
Initial permit validity
Lifelong
Permit extension
Not applicable
Number of investment options
4
Types of investment properties
Residential or commercial
Requirement to stay
A visit every 2 years
Status
Residence permit
Minimum investment
€500,000
Obtaining period
5+ months
Initial permit validity
3 years
Permit extension
For 5 years
Number of investment options
6
Types of investment properties
Residential or commercial
Requirement to stay
None
Country | Status | Minimum investment | Obtaining period | Initial permit validity | Permit extension | Number of investment options | Types of investment properties | Requirement to stay |
Hungary Golden Visa | Residence permit | €250,000 | 6+ months | 10 years | For 10 years | 3 | Residential | None |
Portugal Golden Visa | Residence permit | €250,000 | 8+ months | 2 years | For 2 years | 5 | None | 7 days a year |
Italy Golden Visa | Residence permit | €250,000 | 3+ months | 2 years | For 3 years | 4 | None | None |
Greece Golden Visa | Residence permit | €250,000 | 6+ months | 5 years | For 5 years | 6 | Residential or commercial | None |
Cyprus Golden Visa | Permanent residence | €300,000 | 6+ months | Lifelong | Not applicable | 4 | Residential or commercial | A visit every 2 years |
Spain Golden Visa | Residence permit | €500,000 | 5+ months | 3 years | For 5 years | 6 | Residential or commercial | None |
Frequently asked questions
Does Hungary have a Golden Visa?
Yes, Hungary has a Golden Visa program. New legislation was approved in 2023, and the program is set to launch in 2024. In short, an investor contributes at least €250,000 and receives a residence permit for 10 years.
Can I get residency in Hungary if I buy a house?
Yes, you can obtain a residence permit in Hungary by purchasing a house. To qualify for the Golden Visa in Hungary, you must spend at least €500,000 on property.
How can I get a residence permit in Hungary?
One option to obtain a residence permit in Hungary is by investment. To qualify, an investor must contribute at least €250,000. This type of permit is valid for 10 years, making it the longest option available in Hungary.
Which country has the easiest Golden Visa?
Several European countries offer Golden Visa programs for investors. The Hungary Golden Visa is considered one of the more affordable options, requiring an investment of at least €250,000. The permit is issued for 10 years, typically within 6 months.
How much does it cost to obtain a Hungarian residence permit?
The minimum investment required to obtain a Hungarian residence permit is €250,000. Additionally, there are additional administrative and service expenses.
Can I travel to Europe with a Hungarian residence permit?
Yes, with a Hungarian residence permit obtained through investment, you can travel to the EU, Schengen Zone, and other European countries without needing visas. In total, this includes 38 countries. The duration of stay in most countries is 90 days within every 180-day period.
How long does it take to obtain a Hungarian residence permit by investment?
The entire process typically takes at least 6 months. The exact timeline will be disclosed later as the program has not yet launched.
How long is the RP in Hungary issued for?
A residence permit in Hungary obtained by investment is issued for 10 years. It is possible to extend it once for an additional 10 years.
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