HUNGARY

RESIDENCY BY INVESTMENT

The Hungarian Residency by Investment Program, introduced by the Government of Hungary in 2017, offers non-EU nationals the opportunity to obtain temporary residence through investment. The 2024 amendment of the Hungary Law Act XC of 2023 on general rules on the entry and residence of third-country nationals made changes to the options to obtain the Hungarian residence permit which are investment for a minimum of €250,000 into residential real-estate funds or by donating to a government-approved entity for €1Million

Hungary became a member of the European Union in 2004 and subsequently joined the Schengen Area in 2007.

CITIZENSHIP INVEST IS YOUR TRUSTED PARTNER
TO OBTAIN HUNGARY RESIDENCY BY INVESTMENT

Citizenship Invest ensures the highest success rates through experience and a solid track-record with the different Governments. Every year, we help hundreds of individuals and families to acquire a second residency or citizenship by investment. Citizenship Invest successfully helped clients from over 85 countries around the globe. Most importantly, we have a long-term view of ‘client-advisor’ relationships and commit to our clients for life.

PROGRAM OVERVIEW

The Hungarian Residency by Investment program is governed by the Hungarian Permanent Residency Act CCXX of 2012 Amending Act II of 2007 on the Entry and Residency Requirements of Third-Country Citizens Article 1(4) 4), Paragraph (3). The 2024 amendment of the Hungary Law Act XC of 2023 on general rules on the entry and residence of third-country nationals made changes to the options to obtain the Hungarian residence permit which are investment for a minimum of €250,000 into residential real-estate funds or €1Million donation to a government-approved entity.

PROGRAM BENEFITS

SIMPLE PROCESS
QUICK AND SECURE

A cost-effective and risk-free EU Residency Program

Approval issued before you make the investment or contribution

Fast process. Residency Card issued within 4 months

Residency cards can be issued remotely with a validity of 10 years and renewable for 10 years.

EASY PROCESS

No language test required

Residency Card is valid for 10 years and renewable for another 10 years

Biometrics taken at the Hungarian Embassy


FAMILY BENEFITS

Spouse and children up to 26 years of age qualify if they are single, studying and financially dependent

Main Applicant's parents and Spouse’s Parents can be included under the same application.

The entire family can reside in Hungary.

Access to free education
FREE MOBILITY
GATEWAY TO EUROPE

The Hungarian residency enables visa-free travel across EU countries including the Schengen area without further documentation or visas.

No physical stay or visit to Hungary required throughout the residency, although is recommended that you visit Hungary to prove ties with the country.

STRONG INVESTMENT
Government Approved Investment

A minimum of €250,000 investment into Residential Real Estate Funds or €1Million donation to a government-approved entity

Payment is made only after the approval providing a risk-free investment

TAX ADVANTAGES

No tax on dividends and capital gains and Corporate income tax is 9%, and personal income tax is 15%, making them some of the lowest in Europe.

QUALITY OF LIFE

Hungary is one of the most affordable countries in Europe, with a low cost of living.

Access to a good healthcare system

HUNGARY RESIDENCY VISA-FREE ACCESS

Hungary Residency allows visa-free travel to 33 European countries including the Schengen Area

33
COUNTRIES

Hungary Residency allows visa-free travel to 33 European countries including the Schengen Area

EUROPE
  • Austria
    Belgium
    Bulgaria
    Croatia
    Czech Republic
    Cyprus
    Denmark
    Estonia
    Finland
    France
    Germany
    Greece
    Hungary
    Iceland
    Italy
    Latvia
    Liechtenstein
    Lithuania
    Luxembourg
    Malta
    Monaco*
    Netherlands
    Norway
    Poland
    Portugal
    Romania
    San Marino
    Slovakia
    Slovenia
    Spain
    Sweden
    Switzerland
    Vatican City

*The list of countries is subject to variations depending on each government's policy and so is access to these countries.

INVESTMENT TYPE AND COSTS

Investors can obtain Hungarian residency by investing in a government-approved real estate fund, or donating to a government-approved entity. The main applicant must prove they have sufficient funds in a deposit account to cover the investment and living costs for themselves and their family.

REAL ESTATE FUND

Acquisition of investment units from a government-approved real estate fund registered with the Hungarian National Bank. The investment must be held for at least 5 years and is non-interest bearing. After this period, if the investment is still in place, the fund will pay 2% ROI.

  • INVESTMENT AMOUNT EUR 250,000

DONATION

Making a monetary contribution to a higher education institution maintained by a public interest trust foundation to support educational, scientific research or artistic creation.

  • DONATION EUR 1Million

GOVERNMENT FEES

A government processing fee is also required, which is refundable if the application is denied.

  • MAIN APPLICANT, SPOUSE AND 4 MINOR CHILDREN (BELOW 18 YEARS) EUR 70,000
  • PER ADDITIONAL MINOR CHILD (BELOW 18 YEARS) EUR 3,000
  • PER ADDITIONAL ADULT CHILD (18 TO 26 YEARS) EUR 10,000
  • PER ADDITIONAL PARENT EUR 15,000

Applicants are granted a 10-year visa, which can be extended for another 10 years. Adult children (18-26 years old) receive a 3-year visa, renewable for an additional 3 years. During this period, the visa may be converted to a long-term status visa.

OTHER COSTS

In addition to the required investment, there are other costs for the Hungarian Residency Program, which are Citizenship Invest professional fees, documents certifications when applicable, courier fees, and other small disbursements. If you wish to receive a detailed quotation outlining all costs, please get in touch with us.

APPLICATION PROCESS AND TIMELINE

  • WEEK
    1

    Pre-Screening, Retainer and Initial Fees

    Step 1: The client signs the Retainer Agreement and pays the initial professional fees. To initiate the government pre-screening, the client must submit a copy of their passport and a bank statement showing a balance of EUR 250,000 plus EUR 16,000 per family member, to demonstrate sufficient funds for the investment and living costs.


    Step 2: The client successfully passes pre-screening and is approved to apply for the 10-year investor visa residency program.


    WEEK
    1

  • WEEK
    2

    Payment of Government Fees and CI Professional Fees

    Step 3:  All required documents are provided to the client for completion prior to their appointment at the Hungarian Embassy.


    Step 4: The client pays government fees of €70,000 to secure an appointment at the Hungarian Embassy in their country of residence.


    WEEK
    2

  • WEEK
    4

    Embassy Visit for Biometrics and Submission of Documents

    Step 5: The client visits their local Hungarian Embassy to submit the application in person and have biometrics captured.


    Step 6: An initial 6-month Guest Investor Visa is issued, allowing the client to enter Hungary and complete the required investment for the 10-year visa.


    Step 7: Once the client receives the initial Guest Investor Visa, they must enter Hungary within one month. Upon arrival, they will have 93 days to complete the investment in the required fund which must be done in-person.


    Step 8: The client meets with the appointed fund broker agency in Hungary to open their fund account and carry out the necessary due diligence. As pre-checks on the client’s funds have already been completed, the due diligence process is quick, and the account is typically opened on the same day.


    Step 9: The client goes to the immigration department to submit the 10-year visa application, which can be done the following day.


    WEEK
    4

  • MONTH
    3

    Investment Completion

    Step 10: The client transfers the €250,000 fund investment within 10 days after the application has been submitted.


    MONTH
    3

  • MONTH
    4

    Residency Cards Issuance

    Step 11: The client leaves Hungary, and the 10-year visa is issued within one month for all applicants. Adult children (18-26 years old) receive a 3-year visa, renewable for an additional 3 years. During this period, the visa may be converted to a long-term status visa.


    The client can sell the funds after 5 years, as per the government regulations outlined in the 2023 Act.


    MONTH
    4

The estimated time to receive residency approval depends on the due diligence processing time and the specific case

DOWNLOAD
HUNGARY PERMANENT RESIDECNY
BROCHURE

CONTENT
  • Program Overview
  • Residency Law
  • Benefits of the program
  • Applicants Qualifications
  • Investment requirements
  • Application Fees
  • Documents Checklist
  • List of countries Visa free and on arrival
DOWNLOAD

15 pages 700Kb

Eligibility requirements

Age

The applicant must be at least 18 years old.

Good Character

The applicant must have a clean criminal record and a good reputation

Health

The applicant must be in good health and provide a medical certificate

Investment

The applicant must make a qualifying investment in one of the investment options set by the law

REQUIRED DOCUMENTS

Citizenship Invest has a designated Document Collection Specialist for every case. Our firm provides a customised service streamlining the application process by only requesting essential client information. Our primary goal is simplifying the document collection procedure and minimising client involvement. When necessary, we take the responsibility of obtaining the required documents on behalf of the client. Please be aware that the following list serves as a general guideline, as Citizenship Invest prepares a personalised checklist based on a thorough assessment of each individual case.

  • Certified copy of all passports held.
  • Proof of family relationship (Birth Certificate for all applicants)
  • Marriage certificate
  • Bank statement showing sufficient funds to cover the investment and living cost. (Bank Balance must show at least EUR 250,000 plus EUR 16,000 per applicant to prove sufficient funds for the investment and living expenses).
  • CV for each applicant
  • POA (Power of Attorney) for each applicant. It must be dated and signed by the respective applicant, where one of the parents can sign for children under the age of 18.
  • Data Sheet needs to be filled out for Client and all the family members (CI will provide the template)
  • In case Client does not live in the country of his/her citizenship, then resident permit or proof of stay
  • Adult children 18yrs+:
  • Proof of Address from Hungary (CI will provide)
  • Proof of economic dependency, single status and school enrolment; School Certificate for Adult children
  • Proof of economic dependency for parents below 65 years
  • For each participant, two (2) original passport-size photos: dimensions 45 mm x 35 mm.
  • Evidence of no criminal convictions.

FAQS

Frequently Asked Questions
The Hungary residency by investment program allows non-EU nationals the opportunity to obtain European Residency within 4 months for a minimum of €250,000 investment into residential real-estate funds or by donating €1Million to the government.
The Hungary residency by investment program does not allow investors to work in Hungary. They would need to obtain a work permit through the Hungarian Immigration Office.
To be eligible for the Hungarian residency by investment program, the main applicant must be at least 18 years old and can include their spouse, parents 65 and above and children 18 years and below. Parents below 65 years and children over 18 must prove financial dependence on the main applicant.
Investors can obtain Hungarian residency by investing in government-approved residential real estate funds or donating to the government.
Yes, Dual Citizenship is permitted under Hungarian Law.
The Hungary Residency by Investment Program presents an array of benefits catering to potential investors' needs and preferences. These advantages range from including family members in a single application to the absence of language requirements and minimum education attainment. Furthermore, the favorable tax treatment on dividends and capital gains, coupled with Hungary's affordable cost of living, contribute to the program's overall appeal.
It takes 4 months to process a Hungary residency by Investment application.
A minimum investment of €250,000 into Residential Real-Estate Funds or €1 Million Donation to a government-approved entity plus government fees of €70,000.
A minimum investment of €250,000 into Residential Real-Estate Funds or Residential Real-Estate purchase of €500,000. Applicants must also have a clean criminal record.
Contact Citizenship Invest, sign the Retainer Agreement, and pay the first fee to start your application today.

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