Golden Visa Hungary

Invest in Hungary and enjoy the opportunities the EU offers!

Hungary has introduced a new residence permit for visiting investors in 2024, which has become one of the most attractive investment immigration schemes in the EU. This permit allows third-country nationals to enter and reside legally in Hungary while enjoying the benefits of EU membership.

What is a Visitor Investor Residence Permit?

The Visitor Investor Residence Permit - often referred to as the "Golden Visa" - is a type of residence permit that allows third-country nationals to stay in Hungary for a longer period. The holder of the permit is entitled to enter and stay in Hungary and also to engage in economic activities.

This type of permit is particularly attractive to investors, as they can obtain a residence permit valid for 10 +10 years if their investment meets the legal requirements. Not only the investor, but also his/her family members are eligible for this residence permit and can reside together in Hungary.

The authorisation is subject to the fulfilment of one of the investment options set out in the legislation.

What are the benefits?

Investment opportunities

  • 250.000 euro investment into a real estate fund registered by the Hungarian National Bank and holding a special licence

    Start date 2024. 07. 01.
  • purchase of residential property worth at least €500,000 In Hungary
    Start dateThis investment is currently not available!

  • Donation of €1.000.000 to a higher education institution maintained by a public interest trust, which donation is non-refundable.

How can we help?

Our company is 250.000 EUR investment unit provide full support in managing the residence permit you can buy.

Once you arrive in Hungary, we will help you open a bank account, arrange the purchase of investment units and obtain all the necessary permits.

Leave the administrative burden to us and enjoy simple, transparent and smooth administration!

We can help you open a bank account for the purchase of units, as well as arrange the purchase of units issued by the statutory real estate fund manager.

Once you have purchased your investment, we will provide full support in the process of applying for a residence permit. We will help you prepare and submit all the necessary documentation to make the process quick and smooth.

We work in partnership with an experienced lawyer, so you can be sure that every step of the process is carried out in accordance with the legislation in force.

GYIk

Visiting investor residence permit and investment fund pass

250 000 euró in value investment unit purchase from a real estate fund manager registered with the MNB.

A third-country national who is a guest investor may be granted a residence permit

  • Invests in Hungary, and your investment economically beneficial for the country (to buy at least 250.000 EUR of investment units)
  • Meets the general conditions for permanent residence in Hungary
  • Provided by a valid visitor investor visa.

 

  1. have a valid travel document
  2. (has a residence permit) - not yet available when applying for a permit, of course
  3. have the necessary authorisation for return or onward travel,
  4. provide proof of the purpose of your entry and stay (to buy a share of 250.000 EUR)
  5. have sufficient financial resources to ensure that, for the duration of their stay:
    - Housing: the person is able to afford the cost of housing, be it accommodation, rent, hotel, etc.
    - Livelihood: the person has sufficient resources to meet his/her daily needs (food, transport, etc.).
    - Expenses for outgoing travel: the person can also finance the costs for the return journey (e.g. airfare, train ticket, etc.).
  6. are insured for the full range of health care or are able to cover the cost of their own health care:
    - Comprehensive insurance: the applicant has insurance that covers all types of health care (e.g. medical treatment, hospital care, medicines, etc.)
    - Self-coverage: if the applicant does not have insurance, he/she is able to provide the necessary health services on his/her own, i.e. he/she can pay for them.
  7. is not under expulsion, i.e. there is no legal decision that would expel him from Hungary. In addition, he is not banned from entering or staying in the country, i.e. there are no legal restrictions preventing him from entering or staying in the country.
  8. is not subject to an SIS alert, i.e. the applicant is not registered in the Schengen Information System (SIS) under an alert or warning, is not wanted and has no legal obstacles to enter the country

A unit is a financial instrument that represents a share in an investment fund. This means that anyone who buys a unit acquires an ownership interest in that fund and shares in its returns or losses.

A third-country national must be at least five years you must have a specific type of investment ticket which you must subscribe (buy) directly.

The unit is issued to a be issued by a real estate fund, which meets the following conditions:


Property fund conditions:

a) The fund invest at least 40% of its net asset value in residential real estate in Hungary. This means that the property fund must invest a significant proportion in residential property in Hungary. Real estate should for housingthey must be suitable for use.

b) The real estate fund manager must be listed in the on the list of qualified operators under the Act on Defence and Security Procurement (DPA). This means that the real estate fund manager must have an official licence that guarantees that it meets the security and financial requirements set by the Hungarian government.

c) The real estate fund and its manager must comply with all Hungarian legal requirements, including anti-money laundering and investment fund rules.

The right real estate fund is therefore a qualified, regulated investment fund with a significant proportion invested in residential property, managed by an officially approved fund manager. Only a unit issued by this type of fund entitles the applicant to apply for a residence permit as a guest investor.

To make the investment, you must open a bank account in Hungary.

Our company will help you prepare the necessary bank documents. The appointed company submits them to the bank and the due diligence of the client is initiated.

The bank will check the investor's financial background, identity and documents that comply with customer identification requirements. If the bank approves the client, the bank account can be opened.

After opening a bank account, the investor must transfer the following amounts:

  • 250.000 EUR - Value of the unit.
  • 4% levy (10.000 EUR) - State levy related to the investment.
  • Account management fee (1.800 EUR) - Bank charges payable five years in advance.

Once the funds have been received in the bank account:

  • The bank forwards the amount to the real estate fund manager.
  • The property fund manager issues the unit to the investor.

 

  1. In order to apply for a residence permit, the investor must first travel to Hungary, and in order to enter the country. Visiting investor visa you must apply for. The steps to do this are described in the Getting a Visa section.
  2. After first entering Hungary, you must open a bank account and investment unit need to buy. 
  3. You can apply for a residence permit after purchasing an investment ticket. 

Application for a residence permit by the visiting investor with a visitor visa You must submit it within 30 days of your first entry into Hungary.

The maximum period of validity of the residence permit is ten years, renewable for a maximum of ten years for the same purpose only (i.e. for investment purposes). The period of validity of a residence permit for a visiting investor may exceed the period of validity of the applicant's travel document. This means that even if the travel document expires earlier, the residence permit may remain valid until the 10-year validity limit is reached.

The processing time for a residence permit application is 21 days.

GYIk

Visiting investor visa

For more information, visit the website of the National Directorate General for Aliens: https://oif.gov.hu/tajekoztatok/vendegbefektetoi-vizum

 

The visa allows third-country nationals to. stay in Hungary for more than 90 days in 180 days. In addition, this visa entitles you to multiple entry, so the visa holder can enter and leave Hungary several times during the validity period of the visa.

Visitor investor visas are available to third-country nationals who invest in Hungary and whose investment economically beneficial for the country.

For the investor at least EUR 250 000 of value investment unit must buy from a real estate fund officially registered with the Magyar Nemzeti Bank (MNB).

A third-country national may enter for the purpose of a long stay if he or she

  • have a valid travel document (passport)
  • have the necessary authorisation for return or onward travel,
  • provide proof of the purpose of your entry and stay (to buy a share of 250.000 EUR)
  • have sufficient financial resources to ensure that, for the duration of their stay:
  1. Housing: the person is able to afford the cost of housing, be it accommodation, rent, hotel, etc.
  2. Livelihood: the person has sufficient resources to meet his/her daily needs (food, transport, etc.).
  3. Expenses for outgoing travel: the person can also finance the costs for the return journey (e.g. airfare, train ticket, etc.).
  • are insured for the full range of health care or are able to cover the cost of their own health care
  1. Comprehensive insurance: the applicant has insurance that covers all types of health care (e.g. medical treatment, hospital care, medicines, etc.)
  2. Self-coverage: if the applicant does not have insurance, he/she is able to provide the necessary health services on his/her own, i.e. he/she can pay for them.
  • is not under expulsion, i.e. there is no legal decision that would expel him from Hungary. In addition, he is not banned from entering or staying in the country, i.e. there are no legal restrictions preventing him from entering or staying in the country.
  • is not subject to an SIS alert, i.e. the applicant is not registered in the Schengen Information System (SIS) under an alert or warning, is not wanted and has no legal obstacles to enter the country.

The application can be submitted in the following ways:

     1. As a general rule: an application must be submitted to the consular officer of the consular post of the applicant. your country of permanent or habitual residence or nationality works.

     2. consular officer not working, you can also apply at a consular officer in another country. However, you must prove that you are legally resident in the country where you are making the application and give reasons for your stay, you must provide documentary proof, why you are not applying for a visa in the country of permanent residence or nationality.

  1. The applicant must fill in the National Directorate General for Aliens emitted by the form and sign it. The form can be downloaded here:

https://oif.gov.hu/storage/media/Formanyomtatványok/A%2043%202024%20BM%20rendelet%20szerinti%20újak/vbef%20vízum%20kérelem%20új.pdf

  1. To justify the purpose of entry and stay, the application for a visitor investor visa must be accompanied by the statement that after the issuance of the visitor visa, the applicant will be required to pay, during the period of validity of the visa, a minimum amount of EUR 250,000 buys investment units from a real estate fund manager registered with the MNB. (This declaration can be downloaded from the website of the National Directorate General for Immigration - Document title: "Guest investor commitment statement")
  2. The applicant must show that you have sufficient financial resources to invest. The certificate can be issued by a foreign or Hungarian bank and must prove that the amount of money needed for the investment is permanently available, i.e. it is not just temporarily on the account, but is available on a stable basis.
  3. The amount of money available prove its legal origin must:
  • a public document or a private document with full probative value:

Public document: For example, an official title deed from the land registry showing that the person is the owner of a property and that the money came from its sale.

A private document with full probative value: For example, a sales contract showing that the money is derived from a sale of movable property (e.g. a car, a work of art) or other property right (e.g. inheritance, gift).

OR

  • If no public or private document with full probative value is available, the legal origin of the funds is taxable proof of income can also be verified. This means that the applicant can prove the source of the money by providing taxable income from employment (e.g. salary) or from a business. This must be supported by authentic documents.
  1. You must provide official documentation proving that you actually have accommodation in Hungary and give the exact address.

This certificate can be for example:

  • Rental contract,
  • Booking confirmation if you are staying in a hotel or other temporary accommodation
  • A declaration of acceptance if you live in someone else's property and the owner provides official proof of this
  1. Must be accompanied by a valid travel document
  2. One photo of the ID card must be attached: image size: 3.5 x 4.5 cm, image size in pixels: 413 x 531 (300 dpi)

Period of validity of the visitor investor visa six months. If the period of validity of the travel document is less than 6 months, the duration of the authorised stay shall be determined in such a way that the third-country national's travel document is valid for at least 30 days after the expiry of the authorised stay.

A visitor investor visa is invalid if a visitor investor residence permit has been issued.

The Visiting Investor Visa entitles the holder to stay in Hungary for up to 6 months and to transit through the territory of the Member States.

Visiting investor visa revoked by the Aliens Department, if the third-country national is subject to expulsion or a warning in the Schengen Information System (SIS), or if the applicant has provided false information, false facts or misled the determining authority in order to obtain the visa and this is discovered after the visa has been issued. The date of issue of the visa is the date of approval of the visa application, of which you will be informed in writing.

In case of revocation of the visitor investor visa, you must leave Hungary immediately after your residence title has been terminated. An alert for revoked visa stickers will be placed by the aliens' registration authority in the Schengen Information System (SIS) on the basis of Article 38 of Regulation (EU) 2018/1862 of the European Parliament and of the Council.

If you fail to do so, the authority will initiate an ex officio aliens procedure, which will involve expelling you from the territory of the Member States of the European Union and the Schengen States.

Fees for the procedure for issuing a visitor investor visa: 110 EUR

Information on procedure fees: https://oif.gov.hu/tajekoztatok/eljarasi-dijak

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Buy your investment and get your residence permit with us!


Golden Visa Hungary

Buy investment units and obtain a residence permit in Hungary