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Hungary Residency by Investment | Savory and Partners
Crest of Hungary

program

Hungary Residency by Investment

Program Overview

Minimum Investment

€9,600 Company Formation

Minimum Investment

€250,000 Property Funds Investment

Time to Residency

4-6 Months

Visa Free Access

Schengen Countries

Hungary Residency by Investment Requirements

Hungary’s Permanent Residency Program offers a gateway to residence in this vibrant European nation, providing an attractive option for individuals seeking long-term relocation.

To be eligible to apply for this program, you must be over 18 years old, in good health, and without a criminal record.

Main Applicant Requirements

  • 18+ years of age
  • Good health
  • No criminal record
  • Successfully pass due diligence checks
  • Confirmed investment sources

Eligible Dependents

  • Spouse of the main applicant
  • Children above the age of 18 enrolled in an education institution and dependent on the main applicant.
  • Parents
  • Parents in-law

Hungary Residency by Investment Benefits

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Straightforward process

This opportunity comes with no language, residency, or knowledge requirements and offers the advantages of a favorable tax system, providing lifestyle and financial security within the EU’s stable economic and political environment.

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Minimum Physical Residency

Successful investors are required to maintain property and a registered address, but there’s no need for physical residency.

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Dependents

This program allows you to include your spouse, unmarried children, and parents on a single application.

Dual residency

Permanent Residency

The initial residency permit is valid for five years and can be easily renewed.

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Visa-free travel

Benefit from access to the highly sought-after Schengen Zone in the European Union.

Legal Basis

HUNGARY | Residency by Investment

Legal Basis

As per the Hungarian Permanent Residency Act CCXX of 2012 amending Act II of 2007 on the Entry and Residency Requirements of Third-Country Citizens Article 1(4) 4): For Paragraph (3), a third-country citizen’s stay in Hungary is considered to be “in the interest of the national economy” in particular if: a) The third-country citizen who applies verifies that he/she own(s) security with a face value of at least EUR 300,000 and with a maturity of at least five years”.

Costs of Hungary Permanent Residency

There are two investment options available for the Hungarian Residency by Investment Program
1) Investment in real estate

Minimum investment

EUR 155,000

Application fee

EUR 60,000

Additional Dependents

EUR 10,000

2) Company Formation

Capital investment

EUR 9,600

Application Process For Hungary Permanent Residency

The expected timeframe for the application process is 4-6 months. The first stage of the document collection can differ in length depending on the applicant’s ability to gather the documents. Our team guides this process with samples and best practice advice. The reviewal stage is subject to the respective Government schedule and can be impacted by factors which we, as authorised agents have no control over. Savory and Partners collaborates with the Government throughout the entire process, and we aim to provide the quickest and smoothest experience for the applicant.

Application Process

4-6 months

*Sample of Residence Visa document
Hungary ID
  • Step 1
    Savory & Partners shall pre-screen your passport copy for Government pre-approval to ensure fast processing. A down payment of the professional fees will be required to open your application.
  • Step 2
    At this phase, the investor initiates their application for a temporary Category D visa, which grants them the opportunity to proceed with the residency process. The government will perform its official due diligence and background checks as part of the immigration procedure. The entire application process can be completed remotely through the investor's nearest Hungarian consulate or embassy.
  • Step 3
    Upon approval of the visa application, the investor is required to visit Budapest to provide biometric data and collect the residency card in person. The initial residency is valid for 12 months and allows for a single entry into Hungary to finalize the Golden Visa and property acquisition.
  • Step 4
    The investor is now tasked with identifying the property of their choice and making the necessary 10% down payment to secure the property.
  • Step 5
    Upon receiving the final approval, the remaining program fees and property expenses must be settled within 90 days. A certificate of ownership is issued upon payment.
  • Step 6
    Once the real estate transaction is successfully completed, Hungary automatically converts the Category D visa into a long-term 10-year residency card, which can be renewed as long as property ownership is maintained and a valid address in Budapest is retained.
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PORTUGAL | RESIDENCY BY INVESTMENT

READY TO APPLY?

Visa-free Countries for Hungary Residency

When you become a permanent resident of Hungary, you get visa-free circulation in the Schengen Area.

Visa-free and visa-on-arrival countries

26 Countries & Territories

Visa-free access (26 countries & territories)

  • Austria
  • Belgium
  • Czech Republic
  • Denmark
  • Estonia
  • Finland
  • France
  • Germany
  • Greece
  • Hungary
  • Iceland
  • Italy
  • Latvia
  • Lithuania
  • Luxembourg
  • Malta
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Slovakia
  • Slovenia
  • Spain
  • Sweden
  • Switzerland

Client Success Stories

Success Stories - A safe and bright future

The problem

Our Indian client, a business owner and single parent was looking for long-term residency in a country that would ensure quality education and safety for his daughter. With a successful business set-up in his home country, he could not consider relocating as it would limit his growth opportunities. At the same time, he wanted to secure a bright future for his daughter ensuring world-class education but was also wary about her well-being and safety. Above all, recently divorced, it was challenging for the client to procure documents for his daughter.

The solution

When the client approached Savory & Partners, we considered the many sentiments involved including that of a father, a dedicated businessman and a single parent. We understood his requirement and prepared a strategy that would not only serve his personal life positively but would see his business grow by leaps.

We recommended Portugal, not just for the simplicity of obtaining a residence permit but its exceptional education system and healthcare. Portugal is known for its outstanding higher education institutions.

Portugal has a lot of different immigration options available. The passive income - the D7 visa, the newly christened Digital Nomad Visa and the option that is tailor-made for businessowners - the Portuguese D2 visa.

Our client could fulfill his residency requirements while also maintaining an active management role in his company without worrying about spending too much time outside of Portugal.

With residential flexibility of the Golden Visa, his daughter could relocate to Portugal immediately and he could fulfil his residency requirements while also maintaining an active management role in his company back home without worrying about spending too much time outside of Portugal. As of 2021, Portugal is globally ranked in the top ten in terms of ease of registering a company. Meaning our client would not only go ahead and bring his existing business to Portugal but could venture into new business opportunities across Europe.

Approaching Savory & Partners to undertake his residency application ensured that the client would have all the necessary documents for himself and his daughter ready on time. Our agents oversaw that all requirements for a successful due diligence were also fulfilled.

Download brochure

Content

  • Hungary Country profile
  • Benefits of the program
  • Investment requirements
  • Investment process

Length

4 pages

Language

English & Arabic

size

1 mb

ABOUT HUNGARY

Savory and Partners

CAPITAL

Budapest

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TOTAL AREA

93,030 km²

Savory and Partners

POPULATION

9.71 million

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LANGUAGE(S)

Hungarian

Savory and Partners

CURRENCY

Forint (HUF)

Savory and Partners

EXCHANGE RATE

1 USD = 359.69 HUF

Savory and Partners

GDP – PER CAPITA (2022)

USD 19,385

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GDP – TOTAL (2022)

USD 188.5 billion

About Hungary

Lying at the heart of Europe, The Republic of Hungary lies at the crossroads between the east and west between Europe and Asia. This small landlocked country has a long and rich history and is one of the most visited cities in Europe. Established in 2012, the Hungary Investor Residency Bond program offers applicants a host of advantages.

Officially known as the Republic of Hungary, the nation is home to 9.9 million people.

The capital Budapest is one of Europe’s largest and most beautiful historic cities. Budapest is also one of the largest cities in Europe.

The currency is the Hungarian Forint (HUF). However, it is obliged to adopt the Euro at a future date as a condition of EU membership.

The country is a member of NATO, EU, OECD, WTO (World Trade Organization) and is part of the Schengen zone, which allows free movement of people across member states.

The country has a stable political parliamentary democracy.

The economy is classed as medium-sized, upper-middle-income, structurally, politically and institutionally open.

Principle industries include construction materials, metallurgy, mining, processed foods, textiles, pharmaceuticals and motor vehicles.

Its main agricultural products are wheat, corn, sunflower seed, potatoes, sugar-beets; pigs, cattle, poultry, and dairy products.

Hungary has a reputation for high standards of education, with an emphasis on mathematics, technology and science.

Hungarians boast a long repertoire of inventions from the ballpoint pen, rubrics cube, modern transformer, plasma television, cathode ray tube to the electron microscope.

Hungary has a highly developed road, railway, and air and water transport system.

Personal income tax is 16% and corporate tax varies between 10% and 19%. All other income outside is non-taxable.

Where is Hungary?

Hungary is a landlocked country in central Europe bordered by Slovakia and Austria to the north, Ukraine and Romania to the east, Slovenia to the west, and Croatia and Serbia to the south.

HUNGARY | Residency by Investment

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