Hungary
Hungary
Hungary Golden Visa
Visa-Free Travel in Schengen
With the Hungary Golden Visa, enjoy visa-free travel across all 27 Schengen Zone countries, making it easy to explore Europe for business or leisure without additional visa applications.
Pathway to Citizenship
After five years of residency through the Golden Visa, you may apply for permanent residency, and later Hungarian citizenship, giving you full access to the rights and privileges of an EU citizen.
Fast and Streamlined Process
The Hungary Golden Visa offers a fast-track residency process, typically granting approval within a few months, allowing you and your family to quickly start enjoying the benefits of EU residency.
Family-Friendly Program
Your Hungary Golden Visa can include your spouse, dependent children, and even parents, ensuring your entire family benefits from EU residency, with access to top-tier education and healthcare.
Minimal Residency Requirement
Hungary’s program has no mandatory residency requirement, so you can maintain your lifestyle in another country while holding Hungarian residency, needing only a brief visit to renew.
Affordable Investment Threshold
Hungary’s Golden Visa requires a relatively low investment amount compared to other European programs, providing an accessible route to EU residency while diversifying your portfolio.
Investment Distribution
Real Estate Fund
Real Estate Fund
Notary Fees & Application Fees
Investor
If the application includes minors or other dependents, all of the aforementioned documents (except for the marriage certificate) must also be submitted for them. Additionally, consent from the other parent is required, which must be notarized by Antigua & Barbuda notaries or certified by the relevant administrative authorities.
Spouse
If the application includes minors or other dependents, all of the aforementioned documents (except for the marriage certificate) must also be submitted for them. Additionally, consent from the other parent is required, which must be notarized by Antigua & Barbuda notaries or certified by the relevant administrative authorities.
Children Under 18 Years Old
If the application includes minors or other dependents, all of the aforementioned documents (except for the marriage certificate) must also be submitted for them. Additionally, consent from the other parent is required, which must be notarized by Antigua & Barbuda notaries or certified by the relevant administrative authorities.
Parents
If the application includes minors or other dependents, all of the aforementioned documents (except for the marriage certificate) must also be submitted for them. Additionally, consent from the other parent is required, which must be notarized by Antigua & Barbuda notaries or certified by the relevant administrative authorities.
Investment Options
Real Estate
€500.000
Alternatively, you can invest directly in Hungarian real estate under the Hungary Golden Visa Program, requiring a minimum investment of €500,000 in property. This option allows you to secure EU residency while owning property in Hungary, offering the potential for long-term value appreciation and rental income in a growing real estate market, especially in sought-after locations like Budapest.
Real Estate Fund
€250.000
Alternatively, you can invest in a Hungary-approved real estate fund under the Hungary Golden Visa Program, requiring a minimum investment of €250,000. This investment is held for the duration of your residency, offering a low-maintenance option for securing EU residency while benefiting from the growth of Hungary’s real estate sector. This fund-based investment allows for diversification and professional management, providing a passive income stream without the complexities of direct property management.
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month 1-2
Investor Orientation and Initial Security Assessment
We commence our onboarding process with Form 1, enabling us to conduct a GMC pre-screening. Upon completion of this screening, we will provide you with a Customer Agreement (CA) for your review and signature.
Upon receipt of the signed contract and advance payment, our transaction team will assist you in completing the necessary forms and compiling the required documents. If you are investing in real estate, it will be necessary to enter into a sales and purchase agreement with the developer. Subsequently, we will coordinate with the property developer and the Citizenship by Investment Unit (CIU) of Hungary and Barbuda.
Global Mobility Capital attorneys conduct preliminary background checks to identify potential risks that may result in application rejection promptly. Due Diligence minimizes the risk of rejection to 1%.
Should any risks be identified, we will propose an alternative solution, such as recommending the selection of a different program or the inclusion of supplementary documentation in the application.
The verifications we conduct are confidential. The sole document required is a passport.
The Global Mobility Capital team comprises certified Anti-Money Laundering Officers who possess extensive knowledge of the complexities involved in due diligence procedures across various countries.
The Guest Investor Visa is issued for a maximum duration of six months. Within this timeframe, the investor is required to visit Hungary, meet the investment criteria, and submit an application for a residence permit.
month 2
Investment and Golden Visa Application
The applicant arrives in Hungary with a Guest Investor Visa and meets the investment requirement within three months by purchasing fund units, acquiring real estate, or making a donation to a higher education institution.
If the investor opts to acquire fund units or make a donation, it is essential to purchase or lease a residence. To secure a residence permit, a registered address in Hungary is necessary.
Upon fulfilling the investment requirement, the investor may apply for a residence permit in person at the regional office of the National Directorate General of the Aliens Police. Alternatively, an application can be submitted online through the Enter Hungary platform.
If the applicant’s representative is a legal representative or entity, the only option available is online application. The processing of the application occurs within a few days. Upon approval, the investor may schedule an appointment with the immigration office online.
month 5
Biometric Data and Consent
At the designated time, the investor arrives at the immigration office, submits his passport and original documents, provides his biometric data, and has a photograph taken for the residence permit card. The card is mailed to the investor at the specified address within 21 days.
Biometric Data and Consent
*The Hungarian residence permit obtained through investment is valid for a duration of 10 years and may be extended once for an equivalent period. To facilitate the extension of the residence permit, the investor is required to present evidence of the investments made. Should the property be sold or its value decrease below €500,000, the applicant must acquire a new property that adheres to the program’s stipulations.
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Frequently Asked Questions
What is the Hungary Golden Visa Program?
The Hungary Golden Visa Program allows non-EU nationals to obtain residency by making a qualifying investment in Hungary. It provides visa-free travel within the Schengen Area and offers a path to permanent residency and citizenship.
What are the investment options for the Hungary Golden Visa?
The Hungary Golden Visa Program offers multiple investment options, including a €250,000 investment in a government-approved real estate fund or a €500,000 direct real estate investment. Both options provide a pathway to residency and potential financial returns.
How long does it take to get the Hungary Golden Visa?
The Hungary Golden Visa application process typically takes around 2-3 months from the time you submit your investment and required documents. Hungary offers a fast-track system to ensure a quick and efficient process.
Is there a real estate investment option for the Hungary Golden Visa?
Yes, you can invest in Hungarian real estate with a minimum investment of €500,000. This option allows you to own property while securing residency and benefiting from Hungary’s growing real estate market.
Can my family be included in my Hungary Golden Visa application?
Yes, your spouse, dependent children, and parents can be included in your Hungary Golden Visa application, allowing your entire family to enjoy the benefits of Hungarian residency, including access to healthcare and education.
What are the tax implications of holding a Hungary Golden Visa?
Hungary has favorable tax conditions for Golden Visa holders. If you don’t live in Hungary for more than 183 days a year, you are only taxed on Hungarian-sourced income, making it a tax-efficient residency option for international investors.
Do I need to live in Hungary to maintain my Golden Visa?
No, Hungary does not have a mandatory residency requirement for the Golden Visa. You can maintain your residency by visiting Hungary once every few years, offering flexibility for those who reside elsewhere.
Is the Hungary Golden Visa a pathway to citizenship?
Yes, after five years of holding the Hungary Golden Visa, you can apply for permanent residency. After eight years, you may become eligible for Hungarian citizenship, provided you meet residency and language requirements.
What are the fees associated with the Hungary Golden Visa?
In addition to the required investment, government fees, legal fees, and processing costs apply. These vary based on the number of applicants and the investment option chosen. Despite these fees, Hungary offers one of the most cost-effective Golden Visa programs in Europe.
Can I sell my investment and keep the Hungary Golden Visa?
To maintain your Hungary Golden Visa, you must hold your investment for the duration of the program’s residency requirements. If you sell your investment before meeting these requirements, you may lose your residency status.
The Hungary Golden Visa Program is established under the Hungarian Investment Immigration Act (Law CCXX of 2012) and associated regulations. This program grants foreign nationals and their families a residence permit in Hungary by meeting specific investment criteria, while also offering visa-free travel within the Schengen Area.
Under this program, foreign nationals must make a minimum investment of €250,000 in a government-approved real estate fund or €500,000 in direct real estate property. The investment must be verified and approved by Hungarian authorities, specifically the Hungarian Immigration and Asylum Office.
Investors are required to submit the necessary documents and comply with legal procedures. The process for applying for a residence permit includes the following steps:
- Full copy of the passport: A complete and certified copy of the applicant’s passport, confirming its validity, must be submitted.
- Residence permit application form: The official residence permit application form issued by the Hungarian Immigration Office must be thoroughly completed.
- Photograph: A recent biometric passport-sized photograph taken within the last six months that adheres to international standards is required.
- Proof of financial status: The applicant must provide documents proving the source of funds and the adequacy of the investment, such as bank statements and tax returns.
- Title deed or investment agreement: For real estate investments, the title deed or notarized investment agreement must be submitted as proof of ownership or commitment.
- Medical report: A medical report verifying the applicant’s general health condition may be requested, which may include specific test results such as for HIV.
- Criminal record: A clean criminal record must be provided, issued by the relevant authorities from the applicant’s country of residence or any country where they have lived for the past five years.
To expedite the process, investors may grant power of attorney to a legal representative in Hungary. The initial residence permit is valid for three years and can be renewed for five-year periods, provided the investment is retained.
The following additional documents must also be submitted when applying for a residence permit:
- Investment certificate: An official certificate confirming that the investment has been approved by the Hungarian government.
- Tax number (TAN): A Hungarian tax identification number must be obtained as part of the investment process.
- Documents for additional family members: If family members, such as a spouse or dependent children, are included, copies of their passports, criminal records, and health reports must also be submitted and notarized.
Applications are evaluated in accordance with Hungarian Immigration Law and relevant regulations. Maintaining the investment is crucial for the renewal of the residence permit. After five years, the investor may apply for permanent residency, and after eight years of continuous residency, they may become eligible for Hungarian citizenship, provided they meet legal and language requirements.