Hungary Suspends Golden Visa Program from Jan 1

Best CitizenshipsUpdated 1 min read
Hungary

Hungary will be suspending guest investor visa program from Jan 1, 2027 by the new government in Hungary. The Minister of Interior Gábor Pósfai also reported that guest investor visas and residence permits would be phased out as of January 1, 2027, and those in force would not be extendable.

The Hungary Guest Investor Visa Program was created by the Orban government on national economic interest to attract investments from outside the country. The Visa program was officially launched on July 1, 2024, under Act XC of 2023 permitting foreign investors can obtain a Hungarian residence permit for 10+10 years by contributing at least €250,000 in approved real estate fund. Property investments do not qualify the route was scrapped.

According to National Immigration Directorate, 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

Written by

Best Citizenships

Mr. Prabhu Balakrishnan, is the Founder and CEO of Best Citizenships. World's Leading expert in citizenship and residence by investment programs 15+ years experience with high net worth clients. Founded several startup brands for CBI industry. A Pioneer advocating Global mobility with dual Citizenship. Other interests include migration, computers, finance, travel, startups and crypto.

Explore

Popular programmes

All programmes

Free consultation

Is this programme right for you?

Tell us your nationality, budget and family size. Our licensed partners reply with eligible programmes and a full cost breakdown — free of charge.

AI Advisor