The Hungary Golden Visa offers a unique opportunity to obtain a residence permit with numerous benefits. This programme provides access to the Schengen area, investment opportunities, a pathway to citizenship, tax advantages, and a high quality of life. One of its most noteworthy features is the inclusion of family members. Therefore, it’s an excellent option if you're seeking stability and comfort in a new country.
Overview of the Hungary Golden Visa
Starting from 1 July, individuals from non-EU countries can apply for a residency permit in Hungary through the Hungary Golden Visa program. It grants the right to reside in the country through real estate investment. You can participate in the programme in three ways:
Applicants must be at least 18 years old. Required conditions include having no issues with the police (you’ll need to provide a criminal record certificate) and a legal source of income. An investor can obtain a residence permit for their entire family, including spouse, minor children, and parents. Participation in the Guest Investor Programme is the initial requirement for obtaining a Hungarian residence permit through investment. The Guest Investor Visa is valid for two years, during which time the individual must travel to Hungary to request a residence permit. With the Guest Investor Visa, you can stay in the country for over 90 days within a 180-day period, as well as enter and exit the country multiple times. The Golden Visa programme has operated in Hungary before but was closed in 2017 due to inefficiency. Now, it is expected that the renewed programme will generate more interest and help boost the country's economy.
- Purchase certificates from a real estate investment fund registered with the National Bank for amounts exceeding €250,000.
- Purchase residential real estate from €500,000.
- Donate at least €1,000,000 to Hungarian universities for scientific, cultural, and creative project implementation.
Applicants must be at least 18 years old. Required conditions include having no issues with the police (you’ll need to provide a criminal record certificate) and a legal source of income. An investor can obtain a residence permit for their entire family, including spouse, minor children, and parents. Participation in the Guest Investor Programme is the initial requirement for obtaining a Hungarian residence permit through investment. The Guest Investor Visa is valid for two years, during which time the individual must travel to Hungary to request a residence permit. With the Guest Investor Visa, you can stay in the country for over 90 days within a 180-day period, as well as enter and exit the country multiple times. The Golden Visa programme has operated in Hungary before but was closed in 2017 due to inefficiency. Now, it is expected that the renewed programme will generate more interest and help boost the country's economy.
Benefit 1: Easy Residency
One of the most notable benefits of the Hungary Golden Visa is how easily investors can obtain permanent residency in Hungary. This, in turn, grants access to a wide range of opportunities, provided certain investment-related conditions are met.
Benefit 2: Access to the Schengen Area
The Hungary Golden Visa allows for unrestricted travel within the Schengen region, which consists of 26 countries, including Germany, France, Italy, and Spain. The region is home to around 400 million people and is one of the world's top tourist destinations. By applying for the Hungarian investment immigration programme, you can travel to various countries without the hassle and cost of obtaining multiple visas. This simplifies travel planning, making trips more flexible and convenient. You can explore Europe’s rich cultural and natural attractions without being limited to just one country. This is also beneficial for those who frequently organise business meetings in the Schengen area or have family members in different countries around the world.
Benefit 3: Investment Opportunities
Investing in the Hungary Golden Visa programme is a profitable decision, both in terms of capital growth and ensuring a secure future for yourself and your family in Europe. You’ll have access to a range of opportunities for studying, working, and living in the country.
Benefit 4: Pathway to Citizenship
The Hungary Golden Visa offers an attractive pathway to citizenship through investment in the country's economy. To qualify, you must purchase real estate worth at least €500,000 or government bonds worth at least €250,000. After making the investment and applying for a residence permit, you’ll have the right to live and work in Hungary. After five years of residency under the Golden Visa programme, you will be eligible to apply for citizenship.
Benefit 5: Tax Advantages
Favourable tax conditions are another appealing benefit of the Hungary Golden Visa programme. Hungary’s personal income tax rate is only 15%, one of the lowest in Europe. The corporate tax rate is also very low at 9%. These tax advantages can help you save significantly and increase your income. For more information, please visit immigrantinvest.com.
Benefit 6: Family Inclusion
You can apply not only for yourself but also for your loved ones, including your spouse, children, and even parents. This means your entire family will have the opportunity to live, work, and study in Hungary. One of the key benefits is being able to live together and support each other during the adjustment period in a new country with a different culture and way of life. Additionally, family participation in the Hungary Golden Visa programme lays a strong foundation for future generations, giving them access to quality education and the opportunity to build careers in Europe.
Benefit 7: High Quality of Life
The Golden Visa offers the chance to live in a country with a high standard of living. Hungary provides high-quality healthcare, advanced education, developed infrastructure, and a vibrant cultural scene, all of which create a comfortable environment for living and working. Hungary also offers excellent recreational opportunities, including beautiful cities, a rich cultural heritage, stunning natural landscapes, and numerous festivals and events. Its central location in Europe provides easy access to neighbouring countries, allowing you to explore new destinations and cultures with ease.
What about you, have you ever been to Hungary? Feel free to share any tips & advice below!
ABOUTME
We overland. We eat plants and fungi. We live outside as much as possible. We are all connected. A female travel blogger overlanding and writing about ecotourism, ethical and sustainable travel, socially conscious travel and housesitting. An online travel magazine since 2015.
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