Hungary

Hungary, a landlocked country in Central Europe, is a land of rich history, stunning architecture, and a vibrant culture. Nestled at the heart of Europe, Hungary has a lot to offer, from its capital city, Budapest, known for its thermal baths and historic sites, to its picturesque countryside dotted with vineyards and charming villages. With a deep-rooted heritage, diverse traditions, and a dynamic economy, Hungary is a destination that seamlessly blends the old and the new, making it a fascinating place to explore and call home.

The Hungary Golden Visa is a great option for foreign investors who are looking to obtain permanent residency in a European country. The program offers a number of benefits, including visa-free travel to over 150 countries, access to high-quality education and healthcare, and a favorable business environment.

If you are interested in applying for the Hungary Golden Visa, you should contact a qualified immigration consultant to learn more about the program and the requirements.

The benefits of the Hungary Golden Visa include:

• Permanent residency in Hungary: Golden visa holders and their immediate family members are granted permanent residency in Hungary, which means that they can live, work, and study in the country without any restrictions.
• Visa-free travel to over 150 countries: Hungarian permanent residents have visa-free or visa-on-arrival access to over 150 countries and territories around the world.
• Access to high-quality education and healthcare: Hungary has a world-class education system and a comprehensive healthcare system that is available to all permanent residents.
• Favorable business environment: Hungary has a stable economy and a favorable business environment, making it a great place to start or grow a business.
• Residence Rights: The Residence by Investment Visa allows you and your family to reside in Hungary.
• Visa-Free Travel: You can enjoy visa-free travel within the Schengen Area and, in some cases, to other countries.
• Business Opportunities: Hungary offers favorable conditions for business and investment, making it an excellent choice for entrepreneurs.
• High Quality of Life: Hungary provides access to high-quality healthcare and education systems.

• To be eligible for the Hungary Golden Visa, applicants must meet the following requirements:
• Be at least 18 years old
• Have a clean criminal record
• Be able to support themselves and their dependents financially
• Make a significant investment in Hungary

• Real estate: Invest at least HUF 200 million (approximately €650,000) in Hungarian real estate.
• Government bonds: Invest at least HUF 300 million (approximately €975,000) in Hungarian government bonds.
• Company investment: Invest at least HUF 300 million (approximately €975,000) in a new or existing Hungarian company.

Fees:

Additional fees

In addition to the investment amount, applicants for the Hungary Golden Visa may also be required to pay the following fees:

Government application fee: HUF 600,000 (approximately €1,950)

Legal and professional fees: Variable

Medical examination fee: Variable

Police clearance certificate fee: Variable

• What is the minimum investment required for the Residence by Investment Visa in Hungary?

  The minimum investment requirements vary based on the specific investment option you choose. Common options include real estate investments and government bonds.

  Can I include my family in my application for the Hungarian Residence by Investment Visa?

  Yes, many residence by investment programs in Hungary allow you to include your family members, such as your spouse and children, in your application.

  How long does the application process typically take?

  The processing times can vary, but it usually takes a few months to complete the application process. It’s essential to consult with the relevant authorities or legal experts for precise timelines.

  Are there language requirements for the Residence by Investment Visa?

  In most cases, there are no strict language requirements for this visa. However, knowledge of the Hungarian language can be beneficial for daily life and business interactions.

  Do I need to live in Hungary to maintain my residence status?

  The specific residency requirements can differ based on your investment choice. Some options may require you to spend a certain amount of time in Hungary, while others may not have strict residency obligations. It’s important to understand the requirements associated with your chosen investment pathway.

Make Hungary your second home 

Visa-Free Countries

POPULATION:

9,615,893

GDP (per capita):

$14,020 (PPP)

GDP (purchasing power parity):

$341 billion (PPP)

CAPITAL CITY: Budapest

TIME ZONE: UTC+2 (Central European Summer Time)

TOTAL AREA: 93,028 square kilometers

LANGUAGES: Hungarian (official), English, German, Russian

CURRENCY: Hungarian forint (HUF)

MAIN INDUSTRY: Machinery, electronics, food processing, and pharmaceuticals

SCHENGEN/ EU:Yes

KEY ADVANTAGES

• Rich Culture: Hungary offers a diverse cultural scene with history, music, and the arts to explore.
• Affordable Living: Hungary provides a high quality of life at a low cost, making it budget-friendly.
• Strategic Location: Hungary’s central European location facilitates travel and business within the EU and beyond.

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Disclaimer
The materials contained in this page are provided for general information purposes only and are not intended to provide legal or other professional advice. Processing times and costs will vary depending on a number of factors. CitizenMatch is not responsible for any changes to the time and cost estimates; we can provide specific information on an individual basis. All rights reserved.