The National Immigration Directorate and Aliens policing (OIF), on Jan 22, 2025 has approved the second investment fund eligible for Guest investor visas (Golden visa). To receive Guest residence in Hungary, foreigners must invest atleast EUR 250,000 in a real estate investment fund. The property purchase route has been canceled by Hungarian government to protect the housing market. In Dec 2024, the Hungarian authorities approved the first investment fund qualifying for Guest golden visa.
Gránit Asset Management has been added to the Constitution Protection Office’s list of qualified market operators, thus enabling its participation in the investor visa program aimed at modernizing and improving the quality of Hungary’s real estate stock.
The Gravitas Hungary Real Estate Fund, previously established specifically for this purpose and already registered with the National Bank of Hungary, can now be marketed to investors. In accordance with the legal regulations, at least 40% of the fund’s assets will be invested in residential properties in Hungary, thus contributing to the modernization and qualitative expansion of the Hungarian real estate stock.
“With Gravitas Hungary Fund, we plan to purchase primarily new, modern residential properties that we will rent out for the long term. This not only provides investors with a stable return but also contributes to sustainable urban development and the expansion of the rental housing market, especially in Budapest”
-Álmos Mikesy, President and CEO of Gránit Asset Management.
About
Gránit Asset Management, operating for sixteen years with proven track record, manages assets worth more than EUR 2.6 billion, of which nearly EUR 1 billion is managed in real estate investment funds, making it a market leader in this field. Supervised by the National Bank of Hungary, Gránit Asset Management offers a highly diversified product range, from traditional investment funds to institutional portfolios and innovative, sustainable investment products. Its client base includes approximately 50,000 investment unit holders, nearly 500 premium wealth management clients, and numerous institutional partners. The company manages of 180 billion HUF real estate portfolio, with 95% tenant occupancy rate, 300+ active tenants.
The Gravitas Asset management specializes offering investors with
- Real estate and property fund
- Mixed funds
- Government securities and corporate bonds
- Derivatives
Please contact us for more information.
