Obtain your Hungary Golden Visa From Only €250,000.
BREAKING NEWS: Find out more about Hungary’s proposed new Guest Investor Residency (aka an updated Golden Visa) – which is to boast a ten-year permit validity…
“One thing I can say about Budapest is that, whatever else is happening in Europe with radicals in the street, Islamists on the street causing mayhem, it doesn’t happen here in Budapest… [and we’re now seeing] the vindication of [Viktor] Orbán immigration policy.”
– Rod Dreher, American journalist and author of The Benedict Option.
Looking to obtain a European Golden Visa by investment going into 2025?
The new Hungary Guest Investor Visa program, launching on 1 January 2024, is set to offer foreign investors a simple, proven path to obtain Hungarian Residency By Investment. And the first eligible Real Estate Fund was approved in late October, 2024.
The new program makes provision for the following investment options:
- €250,000: Real Estate Investment Funds
- €500,000: Real Estate Acquisition (launching in Q1 2025)
- €1 million: Non-refundable Public Trust Donations (TBC).
The program is set to offer applicants a residency permit with a validity of 10 years – which is unprecedented in the EU Golden Visa market.
The program won’t require any minimum annual in-country stays. And in addition, the program will be THE cheapest property based Golden Visa option in the EU.
Plus, the program looks set to offer very fast processing (unlike with the Portuguese Golden Visa).
Hence, many industry experts already believe that Hungary may well become the new market-leading Residency By Investment program in 2024 and beyond.
Let’s look at the expected program benefits below…
Hungary’s New Golden Visa Residency Program: A Global Best-seller in the Making…
UNRIVALLED
AFFORDABILITY
Secure your Hungarian Plan B residency from only €250K excluding fees.
EUROPEAN
MOBILITY
Enjoy visa-free access to the Schengen Area with your family for 90 out of every 180 days.
IMMEDIATE
BOLTHOLE
In a time of wars, instability and pandemics, an EU Golden Visa residency can be a priceless asset.
FAST APPLICATION
PROCESS
It’s expected that you will be able to complete the entire application process within 6-8 weeks.
RESIDENCY
PRE-APPROVAL
Receive residency approval and your family’s ID cards before committing any capital.
ALL NATIONALITIES
ELIGIBLE
The program is open to all nationalities, including Russians, Belarusians and Iranians.
NO MINIMUM
STAYS
Unlike with the Portugal Golden Visa, Hungary requires no minimum stays (0 days per year).
ULTIMATE POLITICAL
HEDGE
As a new multipolar world order emerges, Hungary is positioning itself pragmatically.
OWN THE
LIFESTYLE
Whether you want to settle there or just have the option to, Hungary oozes old world charm and sophistication.
How does the Hungarian residency program compare to other Golden Visas?
Program Considerations | Hungary Golden Visa (2024) | Greece Golden Visa (2024) | Latvia Golden Visa (2024) | Italian Golden Visa (2024) | Spain Golden Visa (2024) |
---|---|---|---|---|---|
Minimum Capital Requirement | €250,000; €500,000; €1 million | €250,000+, OR; €400,000+, OR; €800,000+) | €250,000+ (property option) | €250,000+, OR; €500,000,+OR; €1 million+,+OR; €2 million+; |
€500,000+ |
Asset Type | TBC – Real Estate Funds, Real Estate, Public Benefit Donation | Residential / Commercial | Residential / Commercial | €250K: Innovative Startup Investment; €500K: Shares or Stocks (including in companies investing in property; €1 million: Public Good Donation; €2 million: Italian Government Bonds |
Residential / Commercial |
Application Process Timeline | 2-3 Months | 2-3 Months | 3-4 months+ | 12-18 months+ | 2-3 Months+ |
Initial Residency Permit Validity | 10 Years | 5 Years | 5 Years (But ID cards annually renewable) | 2 Years | 3 Years |
All Nationalities Eligible | Yes | Yes – But T&Cs apply | No | No | Yes – But T&Cs apply |
Additional Savings Requirement | TBC | No | No | No | No |
Minimum Net Worth Requirement | TBC | No | No | No | No |
Minimum stay requirement | No (0 Days Per Year) | No (0 Days Per Year) | No – But annual visits required to renew your ID card (7-14 day process) | 7 Days Per Year (On Average) | No (0 Days Per Year) |
Path To PR/Citizenship | Yes | Yes – but very challenging | Yes – but very challenging | Yes | Yes |
Local employment allowed | TBC | No | No | Yes | Yes |
Can you rent out your property | N/A | Yes | Yes | Yes | Yes |
The new Hungarian Golden Visa Application Process At A Glance
Pros and Cons of the new Hungarian Guest Investor Program (2024/2025)
PROS | CONS |
---|---|
Fastest EU Golden Visa processing time expected | You can’t get a local job in Hungary (but you CAN start a business there). |
Most affordable Golden Visa program (property based) – 2024 investments priced from €250,000 | No clear, simple path to PR and Hungarian citizenship – however, you can renew your temporary residency permit indefinitely for as long as you own the property |
Exceptionally livable, centrally situated EU country with a relatively low cost of living | If you wish to buy a property, rather than choose a fund investment, the minimum requirement will be €500,000 – NOT €250,000. |
The ultimate Plan B destination – fast access, great lifestyle, and no minimum stay requirements. | Hungary is a landlocked country, so it has no coastline access or seaside beaches. |