Long-term Hungarian Residency by Investment
Hungary is a full member of the European Union and a party to the Schengen Agreement. Over recent years, Hungary’s economy has shown steady growth amid political stability, gradually positioning the country alongside leading European nations.
Hungary has transitioned from a raw material producer and a supplier of cheap labor to a country with advanced industrial production and transportation, becoming a logistical hub for the whole Europe.
Over 10,000 investors have already benefited from Hungary’s previous investment residency program.
Over EUR 3 billion in investments have been attracted and returned.
Service and support before and after residency acquisition
Assistance with adaptation, tax and financial consulting
Over 15 years of experience in migration services and tax planning
At the end of 2023, the Hungarian Parliament approved a new program for granting long-term Hungarian residency through investment.
This program not only guarantees investors the right to obtain long-term resident status in Europe, offering significant benefits for both the investor and their family members, but also opens new opportunities for the business of third-country nationals and their private assets.
What does the status of a long-term Hungarian resident offer?
Freedom of stay and traveling within the Schengen Agreement countries for you and your family
Financial security
A new level of stability, social comfort, and personal security
LONG-TERM RESIDENCY IN HUNGARY
means the freedom of movement and stay within the Schengen Agreement countries
Since there’s no obligation to live in Hungary, individuals with this status are free to live anywhere globally, maintaining their privilege of limitless visa-free access and travel within the Schengen Area.
The status of a long-term resident in Hungary also grants you unrestricted access to both Hungarian and European financial systems without any limitations.
Having the status of a long-term resident in Hungary does not automatically make you tax liable in Hungary, but it does give you the option to become a tax resident of the country if you live in Hungary for more than 183 days a year, or by choice after filing the appropriate application.
Economic and political stability.
A new level of personal comfort and security.
Holders of Hungarian residency obtained by investment are entitled to a full range of state guarantees and social rights, including the right to work and conduct business activities.
Ensuring personal and financial security, along with access to premier education and European health insurance services.
Free education for children in public preschools, schools, and universities across almost all of Europe.*
Comfortable living for parents and a liberated future for you and your family.*
The right to engage in business activities, tax benefits, and financial support not only in Hungary but throughout the EU. The opportunity to attract public funding for a wide range of activities.**
This truly signifies a new level of stability, social comfort, and security!
* The opportunity for free or partially subsidized education is granted under a set of special conditions and additional student requirements, and is not provided automatically.
** Tax benefits, public funding, and any other financial support for businesses are provided to enterprises operating in specific economic sectors, subject to a set of special conditions and additional business requirements, and are not granted automatically.
KEY BENEFITS
of the long-term residency in Hungary by investment
ADDITIONAL BENEFITS
of the Hungarian residency program
Conditions for obtaining
long term residency in Hungary by investment
The conditions for participation in the long-term residency program in Hungary by investment are regulated by Law 2023.XC
€250.000
investments into
government-approved
investment funds
or
€500.000
investments to residential real estate, including at the construction phase*
or
€1.000.000
charitable contributions to state social projects
+
€30,000
administrative fee
+
€30,000
legal support
Willingness to meet due dilligence and the above-mentioned investment requirements and pay the listed fees guarantees you and your family obtaining a decision on your long-term residency application in just 21 days
* The real estate investment option is suspended till January 1, 2025, and can be extended for at least another year
ACQUSITION PROCESS
Applicants with visa free entry (passports) to Hungary
Preparing the residency application for submission
Receiving the application submission date
Brokerage account opening at the Investment Fund
Submission of the residency application to the Hungarian Immigration Office. Personal presence of all applicants is required for biometric data collection and photography
Fulfillment of investment requirements during next three months
Application review within 21 days
Issuance of residency cards within 15 days
Application for investment exit in five years
ACQUSITION PROCESS
Applicants with NO visa free entry (passports) to Hungary (regardless of the country of their residency)
Preparing the Investor Visa application for submission
Receiving the application submission date
Submission of the Visa application to the Hungarian Consulate by the main applicant
Application review within 21 days
Issuance of Investor Visa
Brokerage account opening at the Investment Fund
Submission of the residency application to the Hungarian Immigration Office by the main applicant
Submission of the family reunification application to the Hungarian Consulate by the family members
Fulfillment of investment requirements
Application review within 21 days
Issuance of residency cards within 15 days
Application for investment exit in five years
Dr NovÁK Péter Law Firm
– your partner in the golden visa program
Dr. Novák Law Firm helps individuals and families gain residency in the European Union through investment in second residency in Hungary. This is accomplished through our experience, which simplifies complexity and is supported and sustained by long-standing relationships with international and govermental entities.
Over the past 30 years, our team at Dr. Novák Law Firm has established a global legal presence providing services in legal administration.
The company’s management consists of international-level specialist who, over the years, have earned clients’ trust, acquire a good reputation and an unparalelled quality of service.
Transparent pricing
for services and
nothing extra
Service and support
before and after
residency acquisition
Assistance with
adaptation, tax and
financial consulting
Our Real Estate Partner:
If you choose to obtain your residency status through real estate investment, our real estate partner, RedWood Holding Budapest (www.redwoodholding.hu), can assist you with a comprehensive range of services. They will help you find the best property suited to your needs and provide full property management services.
Redwood Holding is a premium real estate developer focused on unique, tailor-made projects. We deliver high-quality, distinctive developments to the Hungarian market, shaping future living spaces to be more attractive, livable, and sustainable. We also provide comprehensive property management services to ensure smooth operations for our clients, preserving and enhancing real estate value through maintenance and upgrades. With years of experience, our skilled team offers top-quality service across various property types, always prioritizing customer satisfaction, flexibility, and discretion.
BECOME A HUNGARIAN RESIDENT
Our team of experts is dedicated to providing you with an unparalleled experience throughout the entire process.At the heart of our company are confidentiality and trust. We are fully committed to protecting your privacy, and under no circumstances will any information you provide be shared with third parties.