In November 2023, Hungary reintroduced its Golden Visa program, providing investors from non-EU and non-EEA countries an opportunity to gain residency in Hungary through substantial investment. This initiative is intended to attract foreign capital while offering long-term residency benefits to investors and their families.
To qualify, applicants must meet specific investment criteria, selecting from two main options: capital while offering long-term residency benefits to investors and their families.
1. Investment in Real Estate Funds: Purchase of units in qualified real estate funds, with a minimum investment of EUR 250,000.
2. Donation to Higher Education: A significant donation of EUR 1,000,000 to a Hungarian public higher education institution for educational, scientific, or artistic purposes.
Applicants initially receive a “Guest Investor Visa” and must complete the chosen investment within three months of entering Hungary. Once the investment is fulfilled, the foreigner may apply for a residence permit. Upon fulfilling the investment requirement, investors and their families gain eligibility for a 10-year renewable residence permit.
1. Visa-Free Travel: Residency through the Golden Visa provides visa-free travel across Schengen Area nations, enabling convenient mobility within Europe. Residents may travel in these areas for up to 90 days within every 180-day period.
2. Residency for Family Members: The program includes provisions for family unification, allowing investors to bring spouses, children, and dependent parents. Hungary ranks 14th in the Global Peace Index (2024), making it one of the safest countries globally. Additionally, the cost of living, including real estate, is significantly lower than in many other European countries.
3. Business and Employment Opportunities: Golden Visa holders gain the right to work in Hungary, manage businesses, and establish companies, fostering personal and professional growth.
4. Investment Protections: The Hungarian government conducts extensive due diligence to minimize the risk of application rejection and ensure security for investors’ assets.
5. Access to Quality Healthcare and Education: Golden Visa residents have access to Hungary’s public healthcare system and reputable educational institutions, with options for international schooling for children of expatriates.
Hungary also offers high-quality wellness and spa facilities, including resorts at Hévíz, Debrecen and Lake Balaton, all supported by modern medical infrastructure.
H-1036 Budapest, Lajos utca 74-76, Hungary