Hungary Golden Visa Programme

Hungary Golden Visa Programme


Situated in the heart of Europe, Hungary is a jurisdiction of choice for investors and businesses seeking to establish operations in central Europe. Along with its high-quality infrastructure and highly skilled labor force, the central location also serves as an attraction for FDI. Hungary is a member of the European Union, the Schengen Zone and NATO.

The Hungary Golden Visa granted access to Europe’s Schengen area to both the investor as well as his/her family.  The Programme enjoyed the fastest route to EU permanent residency, and also paved the way towards citizenship.

 






Country Highlights

CAPITAL CITY: Budapest LANGUAGES: Hungarian
SCHENGEN: Full Member CURRENCY: Hungarian Forint (HUF)
TOTAL AREA: 93,028 km² POPULATION: 9,897,541 
NEAREST COUNTRY: Austria, Romania TIME ZONE: Central European Time Zone (UTC+01:00)


Legal Basis

The Hungary Golden Visa Programme was introduced by virtue of ACT II, 2007 relating to the entry and stay of third country nationals in Hungary. Residency permits issued under this Programme were renewed after 5 years, at no additional government costs.  

 

 


Benefits

  • Right to reside in Hungary
  • Favorable tax regime
  • May lead to citizenship
  • Family members included
  • No minimum stay required
  • Schengen Visa Free Travel


Eligibility

The Programme was open to individuals in good standing, and their families, including the spouse, dependent parents and children of the applicant. The eligibility criteria included: 

  • €300,000 Investment in Government Bonds
  • €60,000 in Government Fees

 

Note: The Hungary Golden Visa Programme has officially closed on 31st March 2017.


Process & Timeline




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Key Contacts

Dr Jean-Philippe Chetcuti

Managing Partner

+356 22056411

Mr Kenneth Camilleri

Senior Partner

+356 22056414

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