Hungary's pathway to citizenship overview
With a new Residency program, Hungary is stepping into the European Golden Visa landscape with extremely attractive options and promises of excellent returns on investment.
In November 2023, Hungary announced it would revamp its immigration law, and among the many changes proposed was the introduction of an all-new Golden Visa program which grants Residency to Investors.
Officially known as the Guest Investor Visa, this new Hungary Golden Visa is especially focused on Real Estate, seeking to take advantage of the abundant amount of product in the market to turn it into a booming industry. Though it was also originally set to officially start in September 2024, the Hungarian parliament actually anticipated the launch of its new Golden Visa to January 2024..
How to get the Hungary Golden Visa and become a Resident
Similar to other European Golden Visas, Hungary has basic requirements, including a valid passport, a clean criminal record, the financial means to sustain oneself during their time in Hungary, and not pose a threat to Hungary in any way, shape, or form. The main applicant must also be a non-EU/EEA citizen, and the funds to invest in the country must originate from a legitimate source.
Besides these and other standard documents, considering Real Estate is the Golden Visa’s main focus, the applicant must submit the contract of sale and purchase of a residential property inscribed in the Land Registry of Hungary in the first 93 days of the application submission.
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