For those who wish to have a second home in Hungary and travel visa-free across Europe
Download the guide Calculate the costIn 2024, Hungary reintroduced its Golden Visa, allowing foreigners to obtain a residence permit through two options: purchase of fund units or a contribution to education. The minimum investment is €250,000.
Applicants for the Hungary residency by investment must prove they have the required funds and verify their lawful origin. Family members can be included in the application without increasing the base investment amount.
Golden Visa holders can reside in Hungary for the entire validity period of their residence permit. They also enjoy unrestricted entry to the country at any time, even during periods when the borders are closed to other foreigners.
Holders of a Hungary Golden Visa benefit from visa-free access to 38 European countries, including all EU and Schengen states. They can stay in these areas for up to 90 days within any 180-day period.
The Hungary Golden Visa is valid for up to 10 years, with the option to renew for another 10 years. In contrast, Golden Visas in other EU countries typically last between 2 and 5 years.
Applicants for the Hungarian Golden Visa first obtain a Guest Investor Visa. It is issued after a pre-investment verification by the Migration Department, reducing the risk of denial. In contrast, Cyprus, Greece, and Portugal require applicants to invest before receiving approval.
Residence permit holders can apply for permanent residency after three years of living in Hungary and for citizenship after an additional eight years.
A Hungarian passport allows visa-free travel to 173 countries, including the USA, the UK, Japan, and Singapore.
Hungarian medicine, adhering to EU standards, offers services at lower costs compared to Germany or Scandinavian countries.
Residents are entitled to a European Health Insurance Card, allowing for free or reduced-cost medical treatment across the EU.
Five Hungarian universities feature in the top 1000 globally, as per QS Top Universities.
Adhering to the Bologna system, Hungarian higher education guarantees international recognition of its diplomas.
The average cost of living in Hungary, excluding rent, stands at €650 per person monthly, and a family of 4 requires around €2,300 per month.
Living expenses in Hungary are approximately 1.5 times lower than in countries like Germany or Sweden.
Hungary boasts a competitive income tax rate of 15%. This is notably lower compared to rates in other European countries, such as Germany’s peak rate of 47.5% and France’s maximum of 55%.
Holders of a Hungary Golden Visa are granted the flexibility to register a company in Hungary, pursue self-employment, or engage in employment under a labour contract.
Investors are not obligated to reside in Hungary, allowing them the freedom to enter and exit the country when needed. To maintain a residence status, the Golden Visa holder must only keep the investment.
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Applicants have the option to invest in Hungarian real estate by purchasing units from local investment funds. The chosen fund must invest specifically in real estate and be registered with the Magyar Nemzeti Bank, Hungarian National Bank.
The investments cannot be redeemed for a minimum period of five years following the purchase.
| Investment | €250,000+ |
| Administrative fee |
€20,000 — for the investor + €1,000 — per family member |
| Brokerage account management fee for 5 years | €8,700 |
| Total | €278,700+ |
Applicants can contribute €1,000,000 to a higher education institution that is part of the Foundation for the Management of Assets in the Public Interest. This donation is intended to support key areas such as education, scientific research, or artistic creation. The donation is non-refundable.
Get an individual calculation for your family with all associated costs and government fees
Get the cost calculationTo apply for a Hungary Golden Visa, investors must submit the following documents:
According to Immigrant Invest’s experience, obtaining a Hungary residence permit by investment takes at least 5 months. The process includes collecting documents, obtaining a Guest Investor Visa, fulfilling investment requirements, and applying for the Hungarian Golden Visa.
Lawyers accompany investors throughout the entire process.
A Certified Compliance Anti-Money Laundering Officer conducts a thorough verification of the investor’s data against international databases.
This meticulous screening process reduces the risk of application refusal to as low as 1%.
Lawyers at Immigrant Invest tailor a document checklist specific to each investor’s circumstances for residence permit applications.
We provide assistance in completing government forms and facilitate the translation and notarisation of necessary documents.
Foreigners first receive a Guest Investor Visa, valid for up to six months. With it, investors enter Hungary to apply for a residence permit.
The visa permits multiple entries and exits and allows residence in Hungary during its validity.
Investors with passports of countries that have visa-free agreements with Hungary do not need to obtain the Guest Investor Visa.
The investor enters Hungary to sign an agreement with the fund or higher education institution and arrange accommodation in Hungary.
The application for a residence permit is submitted either to the relevant immigration authority in Hungary or through an online process.
The investment must be completed within three months from the date of the first entry into Hungary on the Guest Investor Visa.
The investor must visit the migration office at a designated time, submit their passport and original documents, provide biometric data, and have a photograph taken for the residence permit card.
The application for residency is processed within 21–30 days, and residence permit cards are prepared within 7 days. Cards are sent to the investor’s address.
The Hungary investment residence permit is valid for 10 years and can be renewed for an additional 10 years.
To be eligible for renewal, the investor does not need to live in Hungary. However, they must confirm that the investment is maintained. If the applicant acquired fund units for residency and sold them after the investment period ended, they must repurchase the units. Those who made donations do not need to reinvest; their residence permits can be extended upon request.
Immigrant Invest helps investors collect the necessary documents, ensure compliance with the renewal criteria, and submit an extension application to the relevant authorities.
Schedule a meeting
Schedule a meeting at one of the offices or online. A lawyer will analyze the situation, calculate the cost and help you find a solution based on your goals.
Ferenc Tihanszky, Head of the Hungarian office
Immigrant Invest has been helping foreigners obtain temporary and permanent residence permits, as well as citizenship by investment, since 2006.
Our lawyers are well versed in the immigration laws of the countries we work with. Our Anti-Money Laundering Department conducts preliminary Due Diligence checks, reducing refusal risks to 1%.
By choosing Immigrant Invest, investors partner with a professional and experienced team.
While obtaining and maintaining a residence permit, various everyday tasks may arise, such as dealing with banks, immigration services, city hall, and land committees. Our team will handle these responsibilities, ensuring a smooth and hassle-free process for you.
We assist in gathering documents, ensuring compliance with renewal criteria, and submitting the extension application to the immigration service.
We can guide you in selecting a bank and preparing the necessary documents to open an account.
We handle document preparation and application processes for bringing your relatives to Hungary.
In case of loss, we assist in applying for a replacement residence permit card through the immigration service.
We assist in document preparation and submission of applications for permanent residence to the immigration service.
We help to obtain tax numbers and tax certificates, change driver licence, select and purchase real estate, and incorporate companies.
White Card is a residence permit granted to remote employees of companies registered outside Hungary. To qualify, applicants must meet the following requirements:
Digital nomads receive residence permits for one year with an option to extend it once for the same period. After two years, the foreigner must leave Hungary but can apply for the White Card again.
The residence permit for digital nomads does not lead to permanent residency or citizenship, and family members cannot be included in the application.
Foreigners can obtain a business residence permit by opening a company in Hungary with a minimum share capital of €7,700. The permit is valid for 1 year and can be extended once for 2 more years. This permit does not provide a path to permanent residency or citizenship.
Family members, including spouses, minor children, and financially dependent parents, are eligible for residence permits one year after the main applicant obtains the status.
Hungarian residents can apply for permanent residence after living in the country for 3 years. During this period, they cannot be outside Hungary for more than four consecutive months or for a total of 270 days. They must also demonstrate a clean criminal record, stable housing, comprehensive health insurance, and sufficient income.
Applicants for permanent residence must pass a Hungarian culture knowledge test, which consists of 12 questions. The exam covers Hungary’s national symbols, history, prominent cultural figures, state institutions, and citizens’ rights.
Permanent resident status is granted for life and does not need to be renewed or extended. However, the permanent residence card must be renewed every 5 years.
Permanent residents become eligible for citizenship after 8 years of continuous residence in Hungary. In certain cases, such as marriage to a Hungarian national, this period may be shortened. In addition to meeting the residency requirement, applicants must demonstrate a clean criminal record, sufficient income, and stable housing in the country.
Applicants are also required to pass a citizenship test, which covers Hungary’s history, culture, constitution, and social norms. The exam includes both written and oral components, conducted entirely in Hungarian.
A Hungarian passport provides visa-free travel to 173 destinations. As a member of the European Union, Hungary grants its citizens all the rights enjoyed by EU nationals, including:
Yes, Hungary has a Golden Visa, also known as a Guest Investor Visa. It is offered in exchange for an investment of at least €250,000 in fund units. Another option is a donation of €1,000,000 to a higher education institution.
The visa grants a 10-year temporary residency, with the possibility of renewal for another 10 years.
Under the Golden Visa Program, investors have the following options:
No, it is not possible to get a Hungary investment visa by purchasing a house. The country’s government removed this option at the end of 2024.
As of 2025, two options are available:
Investors can obtain a Hungarian residence permit through the Golden Visa program if they contribute at least €250,000 to the country’s economy.
Those with a monthly income of at least €3,000 and working remotely for companies outside Hungary can qualify for the White Card. Business residence permit might be obtained by entrepreneurs opening a company in Hungary with a minimum share capital of €7,700.
The Golden Visa offers more benefits in terms of validity period and residency conditions compared to the options for remote workers and entrepreneurs.
The Golden Visa holders can apply for permanent residence after three years of living in Hungary, and after another eight years, they can apply for citizenship.
A Hungarian passport enables visa-free access to 173 countries, including the USA, the UK, Japan, and Singapore.
Residence permits for digital nomads and business owners do not lead to permanent residency or citizenship.
The Hungary Golden Visa is a residency route that allows wealthy foreigners to become Hungarian residents by investment. The qualifying sum is €250,000, contributed to buying investment fund units. Another option is a charitable donation of €1,000,000+. Residency is granted for 10 years and can be extended once for the same period.
One of the main advantages is the opportunity to live in Hungary, including its capital, Budapest, with the Golden Visa and travel freely across the Schengen Area.
Yes, Hungary permits dual citizenship. Foreigners who obtain a Hungarian passport do not need to renounce their other passports, provided their home country also allows dual citizenship.
This depends on the country of your citizenship. Nationals with visa-free Schengen access can begin the process in Hungary, while others must start it from abroad.
If you are visa-exempt, you can simply enter Hungary and submit your application for the residence permit inside the country. Before submitting the application, you must sign an agreement with the fund or higher education institution and complete the investment within 93 days.
If you are not visa-exempt, you first need to apply for a Guest Investor Visa at a Hungarian embassy or consulate abroad. The visa allows you to travel to Hungary, where you then fulfil your investment and apply for a residence permit within 93 days after the first entry.
To be eligible, investors must meet the following Hungary Golden Visa requirements:
US citizens can apply only if they hold another citizenship.
Spouses and registered partners, children under 18, and dependent parents can be included in the application.
The application for Hungarian residency by investment can fail if, for example, the investor cannot prove the lawful origin of funds, does not provide all the required documents such as accommodation and a valid travel document, does not complete the investment proof on time, or raises security or public-order concerns.
The Hungary residence by investment is valid for up to 10 years and can be extended for another 10 years.
The renewal procedure depends on the option under which you received your residence permit. If you purchased fund units, you must still hold them at the time of renewal. If you sold them beforehand, you need to reinvest. If you made a donation, reinvestment is not required; confirmation that you made the donation the first time is sufficient.
Immigrant Invest helps investors renew their residence permits, by gathering documents and filing applications to the immigration service.
The Hungary Golden Visa offers two investment options:
The €500,000 direct residential property purchase route was abolished in January 2025.
If you have visa-free access to the Schengen Area, you can enter Hungary and file an application for a Guest Investor residence permit inside the country. You must sign an agreement with the fund or higher education institution and complete the investment within 93 days.
Schedule a meeting
Schedule a meeting at one of the offices or online. A lawyer will analyze the situation, calculate the cost and help you find a solution based on your goals.
Zlata Erlach, Investment Program Expert