Hungary

Hungary

hungary

According to the new Golden Visa regulations set to take effect on January 1, 2024, applicants will have the opportunity to obtain a renewable 10-year residence permit in Hungary as guest investors. Hungary, being a full member of the European Union, ensures that the residence permit issued by Hungarian authorities for a duration of 10 years is valid throughout the entire Schengen Area.

Advantages of Residency in Hungary:

  • Residency in a European Union Country: Residency in Hungary provides you with the ability to live in the country year-round, and you will have the freedom to move around the entire Schengen Zone without the need for a visa.
  • Obtain Residency Status for Your Entire Family: Along with the main applicant, family members (spouse and children under 18 years old) will be granted residency.
  • Opportunity to Live in the European Union: Participating in the Golden Visa Program allows visa-free travel to other Schengen countries in Europe, in addition to the opportunity to invest in Hungarian real estate.

Who is Eligible for Residency in Hungary?

  • Main Applicant: The main applicant must be 18 years old or older.
  • Spouse: The life partner of the main applicant.
  • Children under 18: This includes children belonging to the main applicant and/or the spouse, who are under the age of 18.

Conditions for Obtaining Residency through Property Investment:

  • Choose one of the available property options: The applicant must choose one of the available options for investing in real estate.
  • Invest in a Real Estate Investment Fund of €250,000: The applicant must invest in a real estate investment fund with a minimum value of €250,000.
  • Or directly invest in real estate for a minimum of €500,000: Initially, the applicant must invest directly in real estate with a value not less than €500,000.

Time to citizenship

Minimum of 6 months

Minimum Investment

€250,000

Type of investment

Donation - Real Estate