Introduction
Hungary is a full member of the European Union and a party to the Schengen Agreement. Over recent years, Hungary’s economy has shown steady growth amid political stability, gradually positioning the country alongside leading European nations.
Hungary has transitioned from a raw material producer and a supplier of cheap labor to a country with advanced industrial production and transportation, becoming a logistical hub for the whole Europe.
At the end of 2023, the Hungarian Parliament approved a new program for granting long-term Hungarian residency through investment.
This program not only guarantees investors the right to obtain long-term resident status in Europe, offering significant benefits for both the investor and their family members, but also opens new opportunities for the business of third-country nationals and their private assets.
Program Highlights
Hungary's new Guest Investor Visa Program offers you and your family the opportunity to secure long-term residency rights in the heart of the European Union through a safe and transparent investment
- Investment amount: minimum €250,000
- Investment type: Hungarian real estate investment fund supervised by the Central Bank of Hungary
- Duration: 10+10 years residence permit in Hungary
- The permit applies to the entire family
- Free travel in Schengen
Conditions & Investment Requirements
The conditions for participation in the long-term residency program in Hungary by investment are regulated by Law 2023.XC
- €250,000 investments into government-approved investment funds OR
- €1,000,000 charitable contributions to state social projects
- + €60,000 administrative and legal services
Willingness to meet due diligence and the above-mentioned investment requirements and pay the listed fees guarantees you and your family obtaining a decision on your long-term residency application in just 21 days
Program Costs
The investment requirement for the Hungarian Guest Investor Visa is €250,000 in a qualified real estate investment fund.
In addition, there is an administrative and legal fee of €60,000 which covers the investor, spouse, and up to two children under 18
For extended family members such as additional children under 18 or parents/grandparents/siblings (if they are verifiably dependant on the applicant) there is an extra €10,000 fee per person
Example: A family of four (investor + spouse + 2 children) Investment: €250,000 Administrative/legal fees: €60,000 Total: €310,000
With additional family members: Extra fees of €10,000 per person
This makes Hungary's program stand out as one of the most competitively priced and exceptionally family-friendly Golden Visa programmes in Europe
Safe and Transparent Structure
- Hungarian real estate funds are regulated and licensed by the Central Bank of Hungary, operating under strict EU compliance standards
- The program is covered by a dedicated law, specifically introduced by the Government – providing maximum legal certainty for investors
- Gránit Asset Management is ranked among the top three asset managers in Hungary with more than €2.7 billion assets under management
- Portfolio includes office buildings, logistics centers, residential projects. Diversified and stable asset base
- The fund is managed by licensed professionals with proven track records, ensuring prudent risk management
- Hungarian real estate investment funds have historically delivered 3-5% annual returns, making them low risk investments
- The investment currency is EUR, eliminating exchange rate risk
- Unlike direct property purchase, the fund structure provides diversification and eliminates the burden and extra costs of property maintenance
- Only funds with a proven and legitimate source are accepted
Long-Term Residency Benefits
What does the status of a long-term Hungarian resident offer?
- Freedom of stay and traveling within the Schengen Agreement countries for you and your family
- Financial security
- A new level of stability, social comfort, and personal security
- Since there's no obligation to live in Hungary, individuals with this status are free to live anywhere globally, maintaining their privilege of limitless visa-free access and travel within the Schengen Area.
- The status of a long-term resident in Hungary also grants you unrestricted access to both Hungarian and European financial systems without any limitations.
- Having the status of a long-term resident in Hungary does not automatically make you tax liable in Hungary, but it does give you the option to become a tax resident of the country if you live in Hungary for more than 183 days a year, or by choice after filing the appropriate application.
- Ensuring personal and financial security, along with access to premier education and European health insurance services.
- Free education for children in public preschools, schools, and universities across almost all of Europe.*
- Comfortable living for parents and a liberated future for you and your family.*
- The right to engage in business activities, tax benefits, and financial support not only in Hungary but throughout the EU. The opportunity to attract public funding for a wide range of activities.**
(* Education opportunities subject to conditions. ** Financial support subject to specific requirements.)
Key Benefits
- The only program in Europe offering immediate 10-year residency
- The only residency program in the world with governmental guarantees for residency extension into a second decade
- The only investment migration program where investments are made after obtaining Investor Visa
- The only program in the history of investment migration with residency applications processed in just 21 days
- A family program where the entire family receives residency status at the same time and for the same term
- One investment package can include a spouse, minor children with no limitation on their number, as well as dependent parents and grandparents
Additional Benefits
- Relatively low cost compared to programs in other countries
- No requirement for mandatory presence in the country
- No requirement to maintain investments until obtaining permanent residency
- No requirement to engage in entrepreneurial activity or create jobs
- The Investor Visa application process can be completed at the investor's place of citizenship or residency
- With NO requirements for family members to visit the country to obtain residency permit and cards
- Delivery of residency cards by special courier to an address specified by the investor
- The most democratic list of required documents for obtaining residency
- The option to pay for investments and administrative fees via a legal entity
Applicants with visa free entry (passports) to Hungary
- Preparing the residency application for submission
- Receiving the application submission date
- Brokerage account opening at the Investment Fund
- Submission of the residency application to the Hungarian Immigration Office (personal presence required for biometric data collection and photography)
- Fulfillment of investment requirements during next three months
- Application review within 21 days
- Issuance of residency cards within 15 days
Applicants with NO visa free entry (passports) to Hungary
- Preparing the Investor Visa application for submission
- Receiving the application submission date
- Submission of the Visa application to the Hungarian Consulate by the main applicant
- Application review within 21 days
- Issuance of Investor Visa
- Brokerage account opening at the Investment Fund
- Submission of the residency application to the Hungarian Immigration Office by the main applicant
- Submission of the family reunification application to the Hungarian Consulate by family members
- Fulfillment of investment requirements
- Application review within 21 days
- Issuance of residency cards within 15 days
Investor Visa Stage Documents
- A complete copy of each applicant's international travel passport, including the cover, (valid for at least 12 months at the time of the residency application) with an apostille
- Marriage certificate with an apostille (if applicable)
- Birth certificates of the children of all applicants, with an apostille (if applicable)
- Proof of sufficient personal funds equal to or greater than the investment amount, as per the chosen investment method. This should be provided as a bank statement
- Verification of the source of investment funds by any convenient and legally valid method or document
- Written commitment to fulfill investment conditions within three months upon residency application will be submitted
- CV for each applicant, including minors, signed by a parent (if applicable)
- Certificates of no criminal record for each applicant over the age of 14
- Two photographs, 35 mm × 45 mm, in both paper and electronic formats (taken no more than one month before the application)