Hungary has received 109 applications for Guest investor visa program, of which 11 investors have received Guest investor residence permit as of Sep 30, 2024, according to National Directorate of Immigration .
Hungary Launched Guest investor visa program in June 2024. Currently the €250,000 investment fund route, open for investment applications. The National Directorate of Immigration so far, has approved one fund – “Sprint Fund”, rest will be approved soon. The €500,000 Property ownership route will be officially starting from Jan 1, 2025. There is also a third option to donate €1 million to universities and educational institutions for public benefit.
Foreign investors will be receiving 10+10 year residence permit for national economic interest to live permanently in Hungary. There is no minimum residence condition imposed for guest investors. Family members spouse and children automatically qualify for guest investor permits.
The Hungarian authorities in cooperation with National Security Agency and Police will be conducting strict checks on applicants for criminal record, entry bans and source of funds and no pose threat to public order or national security. Once approved investors receive a visa to come to Hungary to record fingerprints and biometrics. The investment must be made within 90 days of the visa approval. The Authorities conduct periodic checks on investments maintained, else the residence granted will be revoked.
