Hungary Golden Visa Program

What Is The Hungary Golden-Visa Program

The Hungary Golden Visa grants a 10-year residency permit (renewable) to non-EU citizens for a €250,000 investment in a government-approved fund, €500,000 property purchase, or €1 million donation. It offers EU residency, Schengen zone travel, and a potential path to citizenship without a mandatory stay in Hungary.

The Benefits

Residency and Family Inclusion

  • Hungary is an EU Member State – Within the Schengen area.
  • Residency permit valid 10 years – Renewable for a further 10 years.
  • Right to live, work and study in Hungary .
  • Right to travel within Schengen area visa free for 90 days in every 180 days period.

The main applicant can include the following dependents:

  • legally married spouse;
  • minor children; and
  • dependent parents and siblings.

Travel and Quality of Life

  • Right to live, work and study in Hungary.
  • High standard of education and healthcare, and children have access to free education.
  • Free travel within Schengen zone 90 days out of every 180 days.
  • Right to establish a business.

Requirements and Citizenship

  • No physical residency requirement.
  • Potential pathways to Permanent Residence and Citizenship, subject to conditions (including substantial physical presence in Hungary and knowledge of Hungarian language and of constitution).

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    The Requirements

    • Non-Hungarian or EEA Citizen.
    • Make a qualifying investment.
    • Hold the investment at least 5 years (but similar investment must be in place to renew).
    • Proof of accommodation at time of applying (incl. hotel).
    • Proof of health insurance.

    Investment Options

    Option 1

    EUR 250,000 worth of units in investment fund that has at least 40% of its net asset value in Hungarian residential properties.

    Option 2

    EUR 500,000 residential real estate property purchase.

    Option 3

    EUR 1,000,000 donation to a specific higher education or cultural institution, to support educational, scientific research or artistic creation.

    The Process

    (Timeline Approx. 6 Months)

    Arrows process

    Visa Application

    Main applicant applies for/obtains Guest Investor Visa at the nearest Hungarian Consulate (c. 1 month).

    Apply for Resident Permit and Make Investment

    Main Applicant enters Hungary: has a maximum of 93 days to make the qualifying investment and apply for residence permit (c. 2 months to receive residency card).

    Residence Permit for dependents

    Apply for residence permit for dependents (c. 1 month) at Hungary Consulate.

    Biometrics Submission

    Main applicant and dependents will generally be required to go to Hungary to submit their biometrics after submission of the Residence Permit applications.

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      Frequently Asked Questions

      The Hungary Golden Visa program offers non-EU investors the opportunity to reside, work and study in Hungary by investing a minimum of EUR 250,000 (or donation of EUR 1 million). This is a 2 steps process: the main investor obtains a Guest Investor Visa first, and then immediately afterwards applies for the Guest Investor Residence Permit. 

      Hungary is an EU Member State within the Schengen Area. The visa holders have the right to live, work and study in Hungary. They also have the right to travel within the Schengen Area visa free for 90 days in every 180-day period.

      Yes.  Legally married spouse, minor children, and dependent parents/siblings may also apply for Residence Permits.

      A residence permit is issued for 10 years.  Note that there is 5 years holding period during which the investor must hold on to the investment. Also, the same or a similar investment must be in place at the time of renewing the Golden Visa for another 10 years. After the initial 10 years, a residence permit may be renewed for another 10 years if the original conditions (including the investment) are still met.

      No, there is no language requirement to apply for (or renew) the Hungarian Golden Visa.

      No, there are no physical residency requirements to apply for, maintain, or renew the Hungarian Golden Visa.

      Option 1: EUR 250,000 worth of units in a qualifying investment fund that has at least 40% of its net asset value in Hungarian properties.

      Option 2: EUR 500,000 residential real estate property purchase.

      Option 3: EUR 1,000,000 donation to a specific higher education or cultural institution, for the purpose of supporting educational, scientific research or artistic creation

      Yes, there is a need to visit Hungary to submit biometrics.

      Yes, the investor is free to make additional investments or other acquisitions.

      The Hungarian Golden Visa program is a potential pathway to Hungarian permanent residence subject to multiple conditions including (1) 3 continuous years in Hungary (meaning less than 4 months outside Hungary each year and less than 270 days outside Hungary in aggregate over the past 3 years); (2) cultural written exam in Hungarian; (3) long-term accommodation; (4) adequate livelihood; (5) health insurance; (6) Hungary’s best interests (integration) and (7) no criminal record. (Not included in this residency program)

      Additionally, the Hungarian Golden Visa program is also a possible route to Hungarian citizenship subject to several conditions including (1) 8 continuous years in Hungary after obtaining Permanent Residency; (2) no criminal record; (3) means to live in Hungary; (4) long-term accommodation; (5) adequate livelihood; (6) health insurance; (7) not a threat to public order or national security; (8) exam in Hungarian and knowledge of Hungary Constitution. (Not included in this residency program)

      Yes, Hungary allows dual citizenship.

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