Golden Visa in Hungary

Hungarian Guest Investor Program (GIP)

The Golden Visa in Hungary offers a unique opportunity for individuals seeking to invest and live in Europe. This program aims to attract foreign investors through straightforward procedures, allowing participants to obtain long-term residency by investing in government bonds or specified economic activities.

Hungary joined the European Union in 2004 and announced the reopening of the Golden Visa  program, also known as the Hungarian Guest Investor Program (GIP), starting from 2024.

Ways to Obtain Golden Visa in Hungary:

  • Investment in Real Estate Bonds: €250,000.
  • Real Estate Ownership: €500,000 in residential properties.
  • Non-refundable Public Trust Donation: €1million.

Required Documents

Valid passport.

Clean criminal record for the applicant and spouse.

€250,000 in direct financial assets.

Commitment to establish an investment within 90 days of approval.

Internal Source Verification.

Birth certificates for dependent children.

Marriage certificate.

Advantages of Golden Visa in Hungary Program:

  • Inclusion of spouse and children under 18.
  • Inclusion of dependent children over 18 if financially or academically dependent.
  • Inclusion of parents over 65 (additional dependents possible with extra fees).
  • Non-residents have no tax obligations. Read more

Benefits of Obtaining Golden Visa in Hungary:

  • EU member state, allowing visa-free entry to Schengen countries.
  • Acceptance of all nationalities.
  • Fast processing within two months.
  • Permanent Visa after living in Hungary for five consecutive years.
  • Path to Hungarian Citizenship.
  • 10-year renewable Visa with no minimum stay requirement.

About Hungary

Hungary has a long history spanning centuries, and rich historical and cultural influences are evident in its many cultural monuments and events. Budapest and other cities maintain a modern urban life with well-developed facilities, such as museums, restaurants and entertainment venues.

Hungary is located in central Europe and is bordered by Austria and Slovakia to the west, Ukraine to the north, Romania to the northeast, Serbia to the south, and Croatia and Slovenia to the southwest., with a total area of 93,000 km²

Estimated population of 9.6 million people

The capital of the state is Budapest

The official language is Hungarian

The currency is Hungarian Forint (HUF)

The main steps of getting the Golden Visa in Hungary

The process may be simplified into the following steps:

Step1: Submit the required papers, sign the contract with NTL, and evaluate the submitted files.
Step2: Choose the most suitable investment and submit the application.
Step3: The Immigration Office processes the application and due diligence.
Step4: The investor receives approval within two months.
Step5: Obtaining permission to reside in Hungary for 10 years.

Changes to the Hungarian Golden Visa  Program by NTL Experts:

  • Immigration office closure in January and February 2024.
  • All Visa applications suspended during this period.
  • New application window opens for the Golden Visa program in July 2024.
  • Renewal applications can now be submitted 40 days before the current permit expires.
  • The requirements for permanent Visa applications remain unchanged, with clear definitions for accepted categories.

For the latest updates on Residency By investment programs in general and specifically in the Golden Visa in Hungary, contact NTL, experts in citizenship investment and Golden Visa  programs.