Passport Legacy 17

Hungary Residence By Investment

Hungary, a beautiful country in Central Europe, is known for its rich culture, historic landmarks, and thriving economy. The Hungary Residency by Investment Programme, launched in 2024, offers investors and their families a pathway to secure residency in the heart of Europe, with access to a robust EU market and key global hubs.

Investments made through the programme will support Hungary’s economic growth, infrastructure development, and sustainable initiatives, ensuring long-term benefits for both investors and the nation’s future prosperity. This programme is a great choice for those seeking a stable and strategic base in central Europe.

About Hungary

Hungary, situated in Central Europe, is a landlocked country with a rich history, varied landscapes, and diverse cultures. With a size of 93,000 square kilometers, it’s home to a population of over 9 million. The country boasts globally renowned cities like Budapest, famous for its stunning parliament buildings and thermal baths, as well as picturesque countryside vineyards and charming villages.

Politically, Hungary is a parliamentary republic; historically democratic and stable. Its commitment to innovation, as well as strong manufacturing and trade industries, make it one of the region’s most stable economies. With its strategic location at the center of Europe, Hungary offers excellent connectivity to global markets, making it a hugely attractive destination for investment and residency.

 

  • The capital of this country is Budapest
  • The currency is Euro (EUR)
  • Current population as of 2024 is 9 million
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EUR 250,000

Minimum Investment

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4 Months

Time To Residency

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Free Visa

Schengen Area

Benefits of Hungary Residence

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Visa Free Access

Visa free access to the entire Schengen Area.

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Investment Flexibility

Choose from three investment options to suit various budgets.

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For Family

Applicants can include their spouse and children under the age of 18 years.

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No Physical Residency Required

Hungarian residence permit holders can travel visa free within the Schengen countries for up to 90 days within any 180-day period.

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Visa Voyage​

The visa allows its holders visa-free travel within Europe’s Schengen area.

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Right to Extend

Secure a 10-year residency with the right to renew for an additional 10 years.

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Visa-Free Access

Visa free access to the entire Schengen Area.

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Investment Flexibility

Choose from three investment options to suit various budgets.

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For Family

Applicants can include their spouse and children under the age of 18 years.

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No Physical Residency Required

Hungarian residence permit holders can travel visa free within the Schengen countries for up to 90 days within any 180-day period.

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Visa Voyage

The visa allows its holders visa-free travel within Europe’s Schengen area.

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Right to Extend

Secure a 10-year residency with the right to renew for an additional 10 years.

Hungary Residence Requirements

Hungary residence by Invesment

There are three investment options to acquire the Residence by Investment in Hungary.

The first is through the ‘Real Estate Investment Fund’, which involves acquiring investment certificates from a real estate fund registered with the National Bank of Hungary. The investment amount is set at a minimum of EUR 250,000.

Next, there is ‘Real Estate Acquisition’ (available from 1 January 2025). This option allows investors to acquire strictly residential property in Hungary, valued at a minimum of EUR 500,000.

Finally, an applicant can make a donation to a Hungarian public trust, which involves making a monetary donation of at least EUR 1 million to a designated educational or cultural institution operated by a public trust performing public functions.

Application Process

The application process for Hungary Residence is straightforward, and applications are currently being processed in 4 months. The application process can be divided into the following stages:

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Canale Law

Legal Basis

The Hungary Residency by Investment Programme was established in 2024. The program is governed by the following legal and regulatory foundations:

  1. Act II of 2007 on the Admission and Right of Residence of Third-Country Nationals establishes the legal basis for granting temporary and permanent residency permits in Hungary, including provisions for residency by investment.
  2. Government Decree 114/2007 (V.24.) on the Implementation of Act II of 2007 outlines the specific procedures, requirements, and conditions for third-country nationals to obtain residency through investments that contribute to Hungary’s economic development.
  3. Act LXXVI of 2013 on the Strategic Partnership Between Hungary and Investors introduced additional incentives for investment-based residency, emphasizing Hungary’s commitment to fostering foreign direct investment and economic growth.

FAQ's

HOW MANY COUNTRIES DOES HUNGARY HAVE ACCESS TO VISA-FREE?

Hungary passport holders have visa-free access to the entire Schengen Region.

There are three investment options to acquire the Residence by Investment in Hungary.

The first is through the ‘Real Estate Investment Fund’, which involves acquiring investment certificates from a real estate fund registered with the National Bank of Hungary. The investment amount is set at a minimum of EUR 250,000.

Next, there is ‘Real Estate Acquisition’ (available from 1 January 2025). This option allows investors to acquire strictly residential property in Hungary, valued at a minimum of EUR 500,000.

Finally, an applicant can make a donation to a Hungarian public trust, which involves making a monetary donation of at least EUR 1 million to a designated educational or cultural institution operated by a public trust performing public functions.

Applications for the Hungary Residence by Investment Programme are currently being processed in just 4 months.

Once an application is approved, the investor must fulfil the financial requirements to complete the process. Accordingly, a Citizenship Certificate will be issued to Passport Legacy, a government-authorised agent, which will then be shared with the investor to ensure that all information is valid and correct. Once checked and approved, the Citizenship Certificate will be submitted to the passport office for Passport Issuance.

Overview of Hungary

Geographic

Hungary is a landlocked country in Central Europe, covering an area of approximately 93,000 square kilometers and containing 10 million people. It has an extremely diverse geography, with the Great Hungarian Plain covering the southeastern region, offering vast flatlands that provide a base for the country’s rich agriculture. Western Hungary features rolling hills and low mountains, while the northern regions contain higher peaks. Hungary is also home to the world-famous Danube River, which flows through the capital, Budapest, separating the ‘Buda’ from the ‘Pest’.

The Capital City

The capital of Hungary is Budapest, a famous city worldwide for its food, culture and nightlife. It is also home to the beautiful Hungarian Parliament Building, and is often referred to as the “Pearl of the Danube.”

Language

The official language of Hungary is Hungarian, and is spoken by the vast majority of the population. Known for its complex grammar and rich vocabulary, it plays a vital role in the country’s cultural identity. While Hungarian is the primary language spoken, English and German are widely spoken in urban areas, particularly among younger generations and in business settings.

Economy

Hungary has a diverse economy, ranking as one of the most developed in Central Europe. It is a member of the European Union, meaning it benefits from strong trade ties and foreign investments. Its key sectors are manufacturing (particularly automotive and electronics), and agriculture, pharmaceuticals, and tourism. Budapest also serves as a financial and innovation hub, attracting global companies and startups alike.

International Organisations

Budapest hosts and participates in several international organizations. Hungary is a member of major global institutions such as the United Nations (UN), European Union (EU), NATO, World Trade Organization (WTO), and OECD. Budapest itself is home to offices of international organizations such as the International Centre for Democratic Transition (ICDT) and the European Institute of Innovation and Technology (EIT).

Got Any Questions?

Invest in your future with Passport Legacy and unlock a world of possibilities. Connect with one of our client advisors today to book a private consultation and discover bespoke residence and citizenship by investment solutions that cater to your unique needs.

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Passport Legacy 17
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Passport Legacy 17