Residence permit, Citizenship

The residency by investment program in Hungary allows foreign citizens to obtain a residence permit through real estate investment in the country. 

This program started on July 1, 2024, and offers several investment options.

• Long-term residency status – 10 years
• Possibility of investment return after 5 years
• Status acquisition within 6 months
• The program is suitable for the whole family

• Visa-free travel within Schengen countries
• Opportunity to conduct business in the European Union
• Citizenship after 8 years of residence in the country

• The investor must purchase residential real estate worth at least 500 000 euros
• Applicants must have a place of residence in Hungary – either long-term rental or ownership
• The property must be free from mortgages and other encumbrances
• The applicant must have no criminal record

• The property must remain in the applicant's ownership for 5 years
• The applicant must provide a certificate of ownership or a real estate purchase agreement
• The applicant must obtain health insurance for each family member

• The primary applicant and their spouse
• Financially dependent children up to 26 years old
   

• Dependent parents

• A 4% tax on the market value of the property is charged when purchasing real estate in Hungary

• Legal expenses

• Purchase investment certificates issued by an accredited real estate fund – 250 000 euros

• Make a donation for education to a higher education institution in the country – 1 000 000 euros

To obtain permanent residency in Hungary, one must live in the country for more than 8 years with a temporary residency status.

Applicants for permanent residency must confirm their address of residence, registration, and demonstrate sufficient income to support themselves in the country.

Hungarian citizenship is obtained through naturalization. Investors are eligible for citizenship if they:

• Have lived in Hungary for at least 8 years
• Have not been absent from Hungary for more than 45 days per year
• Have passed exams in Hungarian language proficiency, as well as exams on knowledge of Hungarian culture and the constitution of Hungary