The full list of investment options offered to applicants under the Hungary Golden Visa program includes:
- investment in real estate fund units — €250,000+;
- purchase of residential real estate— €500,000+;
- a charitable donation to an educational institution — €1,000,000+.
Despite being announced, the real estate purchase option was postponed until January 1, 2025. Properties bought before this date will not qualify for the Golden Visa.
The real estate fund investment option is officially available from the start of the program. However, as of early August 2024, no funds have yet received the required approval from the Hungarian government to participate in the program. Additionally, funds have not yet detailed the process of investment in units.
Fund licensing is expected by the end of August 2024, making this option not fully operational at present. Currently, the only available option is a €1,000,000 donation to an institution of higher learning.
Applications for a Guest Investor Visa are already accepted by Hungarian consulates, including those for the real estate fund investment option. The visa will be valid for 6 months and will allow investors to enter Hungary, fulfil the investment requirement, and apply for a residence permit.
The Hungary Golden Visa will be granted to investors and their families for up to 10 years. Applicants can extend their permits for another 10 years provided that they meet the same investment conditions under which the initial residence permit was issued. Relocation to Hungary is not required for either maintaining or extending the residence permit.
