Hungary Residence by Investment

Hungary used to have a Residence by Investment (RBI) program known as the Hungarian Investor Residency Bond Program, but it was suspended in 2017. Currently, Hungary does not offer an official RBI program through investment in bonds or real estate. However, there are alternative routes for acquiring residency in Hungary through other investment or business-related activities.

Key Requirements
  • Proof of Funds:
    Applicants must demonstrate financial resources to support themselves and their business or profession.
  • Clean Criminal Record:
    A clean criminal record from the applicant’s home country is required.
  • Business Plan:
    For business-related residency applications, a well-defined business plan showing the potential economic contribution to Hungary is essential.
  • Proof of Accommodation:
    Applicants must provide proof of a residential address in Hungary.
  • Health Insurance:
    Comprehensive health insurance is required for applicants and their family members.
Application Process
  • Submitting the Application

    An applicant must obtain a Guest Investor Visa and declare their commitment to one of the investment options during the visa application process, although finalizing the investment is not mandatory at this stage. After receiving the visa, they must travel to Hungary, where they will complete their investment within three months and apply for a Guest Investor Residence Permit.

  • Background and Financial Checks

    Hungarian authorities will review the application, verifying the legitimacy of the business or self-employment activity. Proof of the committed investment must be provided during the residence permit application. Proof includes, supporting financial documentation for real estate acquisition or donation.

  • Issuance of Residence Permit

    Once all requirements are met, including proof of investment, the applicant, along with their spouse and children, will receive a long-term residence permit valid for 10 years. The permit is renewable for another 10 years, provided the investment is maintained.

  • Renewals and Permanent Residency

    A guest investor can become eligible for permanent residence in Hungary after lawfully residing there for three years. When applying after 1 January 2025, passing a written cultural exam in Hungarian will be required. Citizenship eligibility typically follows permanent residence after at least eight years of residence.

  • Citizenship Eligibility

    Permanent residents can apply for Hungarian citizenship after at least eight years of residence in the country, provided they meet the residency requirements. Passing a Hungarian cultural exam is mandatory for citizenship. Exceptions may apply for those with Hungarian minor children or spouses.

Program Wise Fee Structure
Real Estate Investment Fund
Program Fee
  • Investment in a real estate fund: €250,000
  • -
Processing Fee
  • Principal Applicant: €60-€100
  • Each Dependent: €40-€80
Due Diligence Fee
  • Principal Applicant: €300-€600
  • Each Dependent: €150-€300
Real Estate Acquisition
Program Fee
  • Acquisition of residential property: €500,000
  • -
Processing Fee
  • Principal Applicant: €60-€100
  • Each Dependent: €40-€80
Due Diligence Fee
  • Principal Applicant: €300-€600
  • Each Dependent: €150-€300
Donation to a Hungarian Public Trust
Program Fee
  • Donation to a public trust institution: €1,000,000
  • -
Processing Fee
  • Principal Applicant: €60-€100
  • Each Dependent: €40-€80
Due Diligence Fee
  • Principal Applicant: €300-€600
  • Each Dependent: €150-€300
Benefits of Hungary Residence by Investment
  • Low Cost of Living: Hungary offers a lower cost of living compared to many Western European countries, making it attractive for business investments.

  • Central European Location: Hungary’s strategic location provides easy access to the rest of Europe, with excellent transport links.

  • EU Residency Benefits: While not an RBI program, Hungarian residency allows travel within the Schengen Area for short periods.

  • Pathway to Citizenship: After 8 years of residence, individuals may be eligible to apply for Hungarian citizenship, provided they meet certain conditions.

  • Visa-Free Travel within the Schengen Area: Hungarian residence permits grant visa-free access to all countries within the Schengen Area, providing flexibility for both business and leisure travel across Europe.

Although Hungary no longer offers a dedicated Residence by Investment program, there are still viable pathways for obtaining residency through business investments and self-employment. For investors and entrepreneurs seeking residency in Central Europe, Hungary remains an attractive option due to its location, economic opportunities, and lower cost of living.

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