Introducing Hungary’s residency by investment program, officially titled the Guest Investor Visa, often referred to as the Hungary Golden Visa. This exciting opportunity, set to launch on July 1st, 2024, offers investors a streamlined pathway to residency and potential citizenship in Hungary.
With investment options starting from 250,000 Euros, Hungary’s residency-by-investment will become one of the most cost-effective residency-by-investment programs in Europe. As Hungarian residents, Investors will acquire the right to travel across the Schengen area visa-free significantly enhancing their global mobility and opportunities within the EU.
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Hungary Guest Investor Program Key Benefits
Visa Free Travel to the Schengen AreaGolden Visa Investors increase their global mobility and can travel visa-free for a period of 3 months every 6 months across the 27 Schengen area countries.Pathway to CitizenshipGolden Visa investors who meet the minimum stay requirements can apply for permanent residency and/or citizenship after 8 years of living in the country. No stay requirementsGolden Visa investors don't have a stay requirement to fulfill in order to maintain residency. Investment Can Be Made After ApprovalUnique to Hungary - investors candy not need to invest prior to receiving confirmation of their approval for the program.Low Corporate & Income TaxHungary has the lowest corporate tax in the EU at just 9% and an extremely competitive income tax at just 15%.Access to High Quality EducationGolden Visa Investors can enroll their dependent children in high quality public and private school in Greece. Lowest Minimum Investment requirement of the EU Golden VisasHungary's Investment Fund option at just €250,000 provides one of the lowest costing residency by investment pathways in the EUDiversify your investment portfolio and earn income By investing in Real Estate or investment funds clients can diversify their investment portfolio and potentially earn passive income in a strong foreign currency.Portuguese Golden Visa ProgramHungary Residency By Investment Program Investment Pathways from €250,000
Eligible investment options under the Hungary Guest Investor VisaAn Investment of just €250,000 into Real Estate Investment Funds in Hungary- The Investment Fund must be registered by the Central Bank of Hungary
- Real Estate Funds Only
- Maintaining the investment certificate of the real estate fund for a minimum of five years.
- Only fund managers with a valid financial license and who adhere to predetermined investment principles in their fund management policy are authorized to establish a real estate fund.
- Fund managers must either hold a site security clearance or be registered with the Constitution Protection Office to engage with Guest Investor Visas.
- To support national economic objectives, at least 40% of the net asset value of the real estate fund must be invested in residential real estate projects realized in Hungary.
- The investment must be in residential real estate only; investments in commercial or industrial properties are not permissible.
- The property should be free from any disputes, encumbrances, or claims to ensure it is entirely uncontested.
- Obtain approval from the local government office where the property is located to acquire real estate in Hungary.
- Upon purchasing the residential property, a restriction against selling or encumbering the property must be registered in the land registry for five years from the date the sales contract is finalized.
- The residential property must remain under the sole or joint ownership of the third-country national applying for the permit and/or their family members (spouse, minor children) for a period of five years.
- A property transfer tax of 4% of the property’s market value is applicable upon acquisition.
- Hungary imposes a personal income tax on rental income, subject to a specific limit, even though investors are permitted to utilize the property, such as by renting it out.
- The donation must be made specifically into a public trust designated by the Hungarian government.
- This method supports public initiatives and projects within Hungary, contributing to the country’s societal development.
- A Hungarian public trust is a legal entity established to manage assets for specific public purposes, including education, scientific research, cultural projects, and other initiatives that benefit the public.
- These trusts are designated by the government to oversee and implement projects that contribute to the public good and societal development.
Qualifying Real Estate Investment Funds
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Hungary Golden Visa Real Estate Investment Options
Lincoln Global Partners offers a selection of golden visa-eligible properties in Hungary, ensuring a successful foreign investment journey for investors seeking to make a real estate investment.The Hungarian real estate market shines brightly amidst the European landscape, with Budapest emerging as a focal point of investment opportunity with average returns on residential property above 5% per annum.
Renowned for its captivating blend of historic charm and vibrant modernity, Budapest stands as a testament to Hungary’s allure. The city’s architectural splendor, cultural richness, and dynamic lifestyle have captivated the hearts of investors worldwide.
Today, Hungary boasts record numbers of foreign investors drawn by the promise of unparalleled returns and the prospect of residency.
Also Read:- Hungary Golden Visa: The Definitive Guide For Global Investors
According to Hungary Today, Italians, Russians, British, and the French are among the discerning buyers who find Budapest particularly enticing, gravitating towards the city’s cosmopolitan ambiance and diverse investment prospects.
As the Hungarian real estate market continues to flourish, Budapest remains a beacon of opportunity, offering investors a gateway to prosperity and a coveted lifestyle in the heart of Europe.
Browse Our PortfolioHungary Golden Visa Real Estate Investment Options
Lincoln Global Partners offers a selection of golden visa-eligible properties in Hungary, ensuring a successful foreign investment journey for investors seeking to make a real estate investment.AllPortuguese Golden Visa ProgramProcess to Citizenship
The process to obtaining the Portuguese Golden Visa usually takes from 6-9 months.Golden Visa Investors who spend at least 7 days per year in Portugal for a period of 5 years are eligible to apply for citizenship. Basic A2 level in Portuguese is required.
STEP 1Initial consultation
Contact LGP for an initial consultation, discuss the Golden Visa program and it's benefits and explore the wide array of investment opportunities on the market.STEP 2Client onboarding
LGP runs mandatory background checks on clients prior to the client onboarding process. Upon approval LGP will send the client a letter of engagement and begin the client onboarding process.STEP 3Open bank account and obtain tax no.
Upon appointing our lawyer in Portugal as your tax representative the Golden Visa process begins. From here the lawyer will apply for your Portuguese tax number and open your Portuguese bank account in Portugal. (Remotely or in Portugal)STEP 4Making your Investment
Golden Visa investments must be made from the applicants Portuguese bank account. Upon funding their local bank account in Portugal applicants must proceed to make their investment.STEP 5Preparing and submitting your application to SEF (Pre-approval process)
LGP will assist you to prepare your application. Once all of the required documents have been gathered they should be uploaded to the border agency SEF's online portal and submitted for pre-approval. At this point you can book an appointment to visit Portugal for the applicants to submit the original documents and biometrics.STEP 6Trip to Portugal for biometrics
Our lawyer will meet you in Portugal and travel with you to the Portuguese Immigration and Borders Service (SEF), so that you can submit your original documentation with you and your families biometrics.STEP 7Receive your residency card and enter Portugal
Upon successfully obtaining approval, our lawyer will collect your Golden Visa residence permits and courier them to your address. The investor and their family must then visit Portugal anytime within one year for at least 7 days in order to fulfill residency requirements.STEP 8Golden Visa renewals
Investors and their family members must stay at least 7 days per year in the country in order to renew their Golden Visa Permit after the second and fourth years.STEP 9PR & Citizenship applications
After 5 years of holding a Golden Visa residence permit investors and their family members who spend at least 7 days per year in Portugal, can apply for permanent residency and/or citizenship. (Subject to an A2 basic level of Portuguese)
FIND THE RIGHT ANSWER Hungary Residency By Investment Frequently Asked Questions
Read through our FAQ's or contact us at the bottom of the page with any questions.Who can apply for the Hungary Residency By Investment Program?All third-country (Non EEA) nationals over the age of 18 with a clean criminal record an sufficient resources will be welcome to apply for Hungary’s Residency By Investment Program.
Can I include my family members on my application as dependents?Yes, investors may include a dependent spouse and dependent children.
How long does the process take?The Hungary Residency By Investment Program will be one of Europe’s fastest investor programs with predicted processing times of just 6-8 weeks.
Is the Hungary Guest Investor Program a temporary or permanent residency permit?Investors and their families will receive temporary residency permits for 2 years which can be renewed for 10 years.
When does the Hungary Residency By Investment Program Officially open?Part of the Hungary Residency By Investment law has already come into action. However, the program will officially kick off on July 1st 2024 when the government will start to accept applications.
