NEW 2025 HUNGARIAN GOLDEN VISA PROGRAM FOR INVESTORS

Latest news about the new Golden Visa Program in Budapest, Hungary.

The Hungarian government has announced intentions to launch the newest and most appealing investment residency program in the European Union: the "guest investor residence permit," also known as the "golden visa option" for investors, due to begin early 2025.What can we anticipate from the newest golden visa program for investors in Europe?Investors have the following options to select from:EUR 250,000: buying bonds from a real estate trust that the MNB (Hungarian National Bank) has registered.EUR 500,000: purchasing residential real estate in HungaryDonation of EUR 1 million to a recognized cultural or educational organization.With no minimum stay required, the investor and their family will be granted residency in Hungary for ten years with either sort of investment.

What special advantages come with acquiring Hungarian residency through investment?

Unlike other residency kinds where the permit is typically given for 1, 2, or 3 years, the guest investor residence permit may be valid for up to 10 years. Family members who base their application on the same investment also receive ten years of residency as an extra incentive.Although it is customary for an applicant to spend the majority of their time in Hungary in order to extend their Hungarian residency, guest investors are exempt from this requirement and can still apply for an extension of their residency as long as they maintain their investment.Hungary will become an even more alluring place for investors interested in EU residency, visa-free travel to the Schengen nations, and many other benefits, with the recently announced plan for investment residency.

What is the first step?

Start by scheduling a free 30 minute consultation call with us at Selling Budapest. As a specialized residential and commercial real estate investment agency in Hungary, we have a network of seasoned immigration professionals at our disposal. We have a team who can assist you in Spanish and Turkish as well. Sign up right now to stay ahead of the game, learn about new advancements, and be among the first to be added to the application list when the program launches in 2025.