Investing in real estate has never been worth as much as it is now. Beginning in 2024, investors and their family will have the chance to acquire Hungarian residency for a notable period of 10 years, providing them with visa-free entry to the EU and the Schengen area.
Investors have the option to select from three available choices:
- Real Estate Fund: Invest EUR 250,000 for 5 years, with the investment being fully refundable.
- Property Purchase: Acquire residential real estate valued at EUR 500,000, which must be held for 5 years.
- Donation: Contribute EUR 1 million towards educational, scientific research, or artistic endeavors.
What are the benefits of the HUNGARY GOLDEN VISA program?
The recently introduced Hungarian Golden Visa, officially known as the "Guest Investor Residence Permit," grants a long-term residency permit valid for ten years. This permit can be indefinitely renewed throughout the holder's lifetime.
Investors can travel Visa-free within the EU Schengen zone also they have freedom to reside in Hungary. Applying the program will not requires minimum stay, besides there is no tax obligations for non-residents.
Approval for applications typically takes between 4 to 8 weeks.
Real Estate Acquisition: Option to have Golden Visa Hungary
Submit a sale and purchase agreement, co-signed by an attorney, for a residential property valued at a minimum of EUR 500,000. This property must be situated within Hungary's geographical borders and officially recorded in the Hungarian Land Registry with its unique parcel identification or topographical lot number, without any liens, claims, or encumbrances.
There are many questions regarding this, such as whether one can purchase one or multiple properties.
Check out our numerous opportunities to purchase real estate in our website!
