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 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.
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.
The Hungarian residency enables visa-free travel across the EU Schengen
No physical stay or visit to Hungary required throughout the residency, although is recommended that you visit Hungary to prove ties with the country.
Eligible for Permanent Residency in Hungary after 5 years without the need for physical residence or tax residency. The process to obtain Permanent Residency is completed within just 1 year.
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
Hungary Residency allows visa-free travel to 33 European countries including the Schengen Area
Hungary Residency allows visa-free travel to 33 European countries including the Schengen Area
*The list of countries is subject to variations depending on each government's policy and so is access to these countries.
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.
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.
Making a monetary contribution to a higher education institution maintained by a public interest trust foundation to support educational, scientific research or artistic creation.
A government processing fee is also required, which is refundable if the application is denied.
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.
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.
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.
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.
Step 10: The client transfers the €250,000 fund investment within 10 days after the application has been submitted.
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.
The estimated time to receive residency approval depends on the due diligence processing time and the specific case
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The applicant must be at least 18 years old.
The applicant must have a clean criminal record and a good reputation
The applicant must be in good health and provide a medical certificate
The applicant must make a qualifying investment in one of the investment options set by the law
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.
“Citizenship Invest is highly recommended for their helpfulness, they answered all of my questions and concerns in a very timely manner, explained all of the processes extremely carefully, and cleared my doubts and concerns multiple times.”
“I had a great experience with the document collection team, they were very detail oriented and made sure to mention everything I needed to know. They also provided great customer service and were very friendly. I would definitely recommend them to others.”
“I’m absolutely satisfied and special thanks to my relationship manager for good - perfect - excellent service and support.”
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