microsoftteams-image.png
 
  • Europe
  • Country Flag: Hungary - Investment Visa
  • Type: Residency by Investment
  • Investment: € 250,000
  • Duration : 3 to 6 Months
  • Benefits: The Hungary RBI program offers a Residency permit in as soon as 90 days, visa-free travel to the Schengen Zone, and family inclusion.

Why Move to Hungary?

Though Hungary may not be the first country someone thinks when discussing Europe, it holds more promise than it meets the eye. With countless factors playing in its favor, including cuisine, stunning architecture, safety, an attractive tax regime, and a revamped Golden Visa program, Hungary is slowly becoming the next European hidden gem.

Why move to Hungary

Additionally, moving to Hungary promises new investment opportunities. With the country fully integrated into the European Union and the Schengen Zone, and a strong focus on startups and technologies, relocation to Hungary opens the path for a more secure,

Additionally, moving to Hungary promises access to a burgeoning tech scene, vibrant startup culture, and ample opportunities for professional growth. With its strategic location in Central Europe, residents also enjoy easy access to neighboring countries and diverse travel experiences, further enriching their lifestyle.

Why move to Hungary

Fast facts

Despite being landlocked, Hungary has an unusually high number of thermal springs, more than 1300, and approximately 130 of them can be found in Budapest. The Rubik’s Cube, one of the world’s most famous puzzles, was invented by Ernő Rubik, a Hungarian inventor and architect. Even if Hungary might not be the first country you may visualize when thinking about wine, the country houses the world’s first official wine region – in Tokaj, Hungary.

Hungary Country Map

  • Population: 10 million
  • Capital City: Budapest
  • Climate: Hungary has a continental climate with hot and dry summers and cold, snowy winters.
  • Time Zone: Central European Time (CET)
  • Language: Hungarian
  • Country Code: +36
  • Currency: Hungarian Forint (HUF
  • Economy: Tourism, food processing, pharmaceuticals, motor vehicles, information technology, chemicals, metallurgy, machinery, electrical goods.
  • GDP Per/Cap: USD $21,075.62
  • Borders: Slovakia, Romania, Croatia, Austria, Serbia, Ukraine, and Slovenia.

Lifestyle

Following a more traditional, family-driven, and structured approach, life in Hungary nonetheless provides a European-style experience, with unique, bustling cities offering a diverse range of experiences, and a picturesque countryside suitable for calm and relaxation.

Why move to Hungary
Cost of Living - Hungary

Cost of living

The cost of living in Hungary is extremely reasonable, even in the largest cities, and expats working remotely to wealthier countries will have no issue whatsoever living in Hungary and will be able to lead a comfortable lifestyle.

Safety in Hungary

Safety

Hungary is an extremely safe country, with low crime rates and placing a strong emphasis on public safety. In 2023, it ranked #18 in the 2023 Global Peace Index.

Healthcare Hungary

Healthcare

Hungary boasts a universal public healthcare system funded by taxes, which is governed by the National Health Insurance Fund, and accessible by Hungarian citizens and residents.

Hungary - Education

Education

Hungary has a public universal education system, though it also has private and international school options and renowned universities. These are almost exclusively found in the capital, Budapest, and stand out due to their excellence and affordability.

Hungary Language

Language

The country’s official language is Hungarian, though English is also fairly spoken across the country, especially in the larger cities of Budapest and Debrecen. In 2023, Hungary ranked #17 in the English Proficiency Index.

Currency Hungary

Money and taxes

Despite being an EU country, Hungary has its own currency, the Forint, which is not pegged to the euro. Hungary also boasts an attractive tax regime, with one a flat tax rate of 15% on personal income, and one of the lowest corporate tax rates in Europe, at 9%.

Popular Destinations

Popular Destinations

With each city as vibrant and as distinct as the next, Hungary perfectly encapsulates the essential European experience expats often fall in love with it whether it is in the city or the countryside, Hungary truly has something for everyone, from iconic cultural attractions, natural, stunning views, thermal springs, historic significance, and so much more.
Investment Visa Brochure

Get to know more on Investment Visa!

Learn about our array of services and the golden visa process in our brochure.

Download Our Brochure

Do I Need a Visa to Move to Hungary?

It depends on your country of citizenship. If you hail from a country not within the European Union or the Schengen Zone, you will need a Visa to relocate to Hungary.

Otherwise, if you have an EU passport, you will not need a Visa to visit the country or to move to Hungary.

Moving to Hungary as an EU citizen

As an EU and Schengen Zone member, Hungary welcomes EU nationals to enter, work, and move to its territory. If the intent is to stay in Hungary for longer than 90 days, then they must notify the National Directorate-General for Aliens Policing and sign up for a Registration Certificate and Address Card.

Moving to Hungary as a non-EU citizen

Hungary offers a series of Visas targeting the countless, different reasons a person may have to relocate to the country. However, the best and fastest way to both relocate and achieve Residency status is through the Hungary Golden Visa.

Moving to Hungary Through Investment Visa Programs

The newly relaunched Hungary Golden Visa, initially planned to come into effect in September 2024, but anticipated to start in January 2024, is currently the number one program to achieve Residency status in Hungary. With several options, including funds and donations, the stand-out option is the purchase of residential Real Estate at €500,000.

How can I gain Citizenship in Hungary?

Hungary offers no direct path toward Citizenship. However, the Hungary Golden Visa sets the stage to obtain the passport as Residency is the necessary first step to unlock

Citizenship. After obtaining the Hungary Golden Visa, and spending 8 years living in the country, an investor may become a citizen and hold an EU passpor

How to obtain Permanent Residency in Hungary?

Even though the Hungary Golden Visa only grants Temporary Residency, it does so for 10 years. Permanent Residency is unlocked after living 3 continuous years in the country, which is a far more enticing prospect than Citizenship, granting many of the same benefits.

Investing in Hungary Real Estate

Investing in Hungary Real Estate

With two dedicated options for investment, one through REITs, and the other through the purchase of residential property, Real Estate is at the forefront of the Hungary Golden Visa and is set to be the country’s number one industry to invest in.

Frequently Asked Questions

No. The process is simple and straightforward, and the Golden Visa can be acquired in as soon as 90 days. Once you have acquired the Hungary Golden Visa and your property in the country, you and your family are free to move to Hungary

There is no fixed amount as to what the Hungary Golden Visa might cost, as there are always administrative and government fees, among others. However, to move and acquire residential property in Hungary, an initial investment of €500,000 is required.

Due to Hungary’s compact size, expat communities are mostly found in Hungary’s largest urban centers, including Budapest and Debrecen, though expats can also be found in the other most popular cities, especially in the sunny Szeged.

Yes. You can include your spouse and children under the age of 18 in the Hungary Golden Visa application. More family members, like parents, may also be included at an additional cost and only under certain conditions.

English is often studied and learned in Hungary as a second or third language from an early age. Large cities like Budapest will have a higher English-speaking population, especially with younger generations. Regardless, it is advisable to learn the basics of Hungarian to facilitate integration.

Besides its rich history, vast cultural heritage, and boundless cities and villages to explore and fall in love with, Hungary further presents a compelling case for relocation with many other factors. First, its Golden Visa program establishes a new platform for expats and investors to claim EU Residency with lower investment requirements. With Residency status, it is possible to access the country’s high-quality healthcare services, and its attractive tax system and incentives, further making the country appealing to those seeking to expand their business and find new investment opportunities in the wider EU market. With low crime rates and a strong emphasis on public safety, investors can rest assured they will be safe in Hungary.

 

 

SimonH 1

Paul Smith

Investment Advisor

Talk to one of our experts

With a wealth of experience, knowledge, and networks, our team of professionals strives to deliver exceptional results for our clients. We are dedicated to achieving the best outcomes and continuously seek innovative and unique solutions.

Schedule a Meeting

Sign up to our newsletter

Receive relevant information about citizenship and residency by investment worldwide
Please note that Investment Visa will use the above details to contact you only. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.

Avenida da Liberdade 100,
4th Floor 1250-145 Lisbon - Portugal
This email address is being protected from spambots. You need JavaScript enabled to view it.
+351 213 471 603

Privacy Policy