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Hungary Golden Visa

The Hungary Golden Visa Program offers investors an opportunity to obtain a residence permit in the EU. This is a state-approved program outlined in the law on general rules for the entry and residence of third-country nationals, which took effect on March 1, 2024.
€250,000

Minimum investment

10 years

Permit validity period

38 countries

Visa-free with a permit

State-approved

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.

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

Book a meeting or a call with our legal expert. The specialist will assess your situation and suggest an individual strategy tailored to your goals. You will also receive an estimate of the costs involved.

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

  1. Passport valid for at least 1 year.
  2. Completed application form for a residence permit.
  3. Two 3×4 cm photos taken less than a month ago.
  4. Health insurance documentation.
  5. Proof of legitimate income.
  6. A statement confirming the applicant’s intention to fulfil the investment condition.
  7. Proof of investment.
  8. Bank statement indicating cash balance.
  9. CV for every family member over 18.
  10. Marriage certificate, if applicable.
  11. 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.

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.

The Hungary Golden Visa offers investors three options to choose from: property purchase, purchase of real estate fund units, or contribution to education.

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.

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.

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.

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.

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.

Initiate the process now: ensure your Golden Visa spot is secured within the quota

Comparison with other Golden Visas

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

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.

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.

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.

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.

The minimum investment required to obtain a Hungarian residence permit is €250,000. Additionally, there are additional administrative and service expenses.

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.

The entire process typically takes at least 6 months. The exact timeline will be disclosed later as the program has not yet launched.

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.

Get in touch today

Our team assists international clients in navigating the process, minimising risks, and safeguarding their finances. Submit an application to discover strategies to secure your Hungary Golden Visa.