Hungary

Hungary

Guest Investor Residence Permit

💎 Investment Required
€250,000
one-time
Minimum EUR 250,000 in qualifying real estate fund shares (held for 5 years), or EUR 1,000,000 donation to a public-trust higher education institution
⏱️ Duration
Up to 10 years, extendable once for a further 10 years (20 years maximum total)
👪 Dependants
Yes
Spouse (including registered partner) and minor children may apply for family reunification permits valid for the same 10-year duration

The Guest Investor Residence Permit (vendégbefektetői tartózkodási engedély) is Hungary's residence-by-investment program, often called the "Hungarian Golden Visa." Established under Act XC of 2023 and effective from 1 July 2024, it is administered by the National Directorate-General for Aliens Policing (OIF). The program targets non-EEA third-country nationals whose qualifying investments serve Hungary's national economic interest, granting long-term residence with full employment rights in Hungary and Schengen Area travel privileges. As of January 2025, two investment pathways remain available after the direct property purchase option was abolished.

Requirements
  • Non-EEA, non-Swiss third-country national
  • Complete one of two qualifying investments within 3 months of entering Hungary:
    • Real estate fund: EUR 250,000 in investment fund shares issued by a real estate fund registered with the Hungarian National Bank (MNB), where at least 40% of the fund's net asset value is in Hungarian residential real estate, held in a blocked securities sub-account for at least 5 years
    • Higher education donation: EUR 1,000,000 non-refundable donation to a public-trust higher education institution for educational, scientific research, or artistic activities
  • Demonstrate the legal origin of investment funds and sufficient financial resources for living expenses
  • Must not pose a threat to public order, security, health, or national security
  • Must not appear in the Schengen Information System (SIS)
  • No specific education or professional qualifications required
Required Documents
  • Valid passport
  • Completed application form
  • One facial photograph
  • Proof of accommodation in Hungary (ownership deed, lease agreement, courtesy agreement, or hotel reservation)
  • Investment certification from fund manager or institutional donation confirmation letter
  • Proof of legal origin of investment funds
  • Proof of sufficient financial capacity for living expenses
Duration & Renewal

The process begins with a guest investor visa (D-type) valid for up to 6 months. The residence permit itself is valid for up to 10 years and can be extended once for a further 10 years, giving a maximum total of 20 years. Extension requires that the investment has been maintained (for fund shares, the 5-year lock-up must be observed), no criminal convictions or immigration violations have occurred, and the same documentation is submitted. There is no minimum physical presence requirement to maintain the permit.

Family Members

Spouses (including registered partners) and minor children may apply for family reunification residence permits linked to the guest investor permit. These permits share the same 10-year validity and 10-year extension possibility. Family applications may be submitted in parallel with the main applicant's residence permit, but family members cannot reside in Hungary until the sponsor's permit is granted. Family members must provide birth or marriage certificates, proof of accommodation, evidence of financial means, valid travel documents, a facial photograph, and (for minors) parental consent.

Tax Implications

Holding the guest investor permit does not automatically create Hungarian tax residency. Tax residency is triggered by spending 183 or more days in Hungary within a 12-month period, at which point worldwide income becomes subject to Hungarian taxation. The standard personal income tax rate is 15%, with a 13% social contribution tax on employment income. Income from real estate fund investments is subject to 15% personal income tax regardless of tax residency status.

Application Process

The application follows a two-stage procedure. First, apply for a guest investor visa (D-type national visa) at a Hungarian consulate in your country of nationality, permanent residence, or legal residence. Upon visa approval, enter Hungary and submit the residence permit application within 30 days of first entry — either electronically via the Enter Hungary platform or in person at a regional OIF directorate. Biometric data (photograph, fingerprints, signature) must be collected within 15 days of application receipt. The qualifying investment must then be completed within 3 months of entry and certified via the Enter Hungary platform.

Processing time: 21 days from receipt of the complete application.

Fees: EUR 110 for the guest investor visa; EUR 110 at a diplomatic post or HUF 39,000 in person in Hungary for the residence permit; HUF 26,000 via the Enter Hungary platform; HUF 26,000 for extensions.

Path to Permanent Residency

The guest investor permit does not directly lead to permanent residency. Holders are excluded from obtaining a national residence card. However, after 5 years of continuous lawful residence in Hungary, holders may apply for an EC permanent residence permit. Hungarian citizenship requires at least 8 years of continuous lawful residence plus passing a Hungarian-language constitutional knowledge exam.

Schengen Travel

The guest investor residence permit is a Schengen residence permit, allowing visa-free travel within the Schengen Area for up to 90 days in any 180-day period. Permit holders may enter and exit Hungary freely while maintaining their investment, with no mandatory minimum stay requirement.

Links

Other Digital Nomad Visas in Europe

Country
Program
Income
Investment
Funds Required
Capital Required
Duration
Dependants

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🇧🇾 Belarus

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🇧🇪 Belgium

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🇧🇬 Bulgaria

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1 year — Permanent

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🇧🇬 Bulgaria

Startup Visa

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Yes

🇭🇷 Croatia

Temporary Stay for Other Purposes (Property Ownership)

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1 year

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🇭🇷 Croatia

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🇨🇾 Cyprus

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🇨🇾 Cyprus

Permanent Residence Permit for Investors

$352,941

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Yes

🇨🇾 Cyprus

Startup Visa

$23,529

3 years — 5 years

Yes

🇨🇿 Czech Republic

Digital Nomad Program

CZK 69,248 / month

1 year — 3 years

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🇨🇿 Czech Republic

Long-Term Residence Permit for the Purpose of Investment

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2 years

Yes

🇪🇪 Estonia

Digital Nomad Visa

$63,529 / year

90 days — 1 year

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🇪🇪 Estonia

Residence Permit for Major Investor

$1,176,471

5 years — 10 years

Yes

🇪🇪 Estonia

Startup Visa

1 year — 5 years

Yes

🇫🇮 Finland

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$20,654 / year

1 year — 4 years

Yes

🇫🇮 Finland

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2 years — 4 years

Yes

🇫🇷 France

Carte de Sejour Temporaire Visiteur

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1 year

Yes

🇫🇷 France

Talent Porteur de Projet — Business Creation

$35,294

4 years

Yes

🇫🇷 France

Talent Porteur de Projet — Direct Economic Investment

$352,941

4 years

Yes

🇫🇷 France

Talent Porteur de Projet — Innovative Economic Project (French Tech Visa)

No minimum investment req...

4 years

Yes

🇫🇷 France

Talent — Artistic and Cultural Profession

$18,015 / year

4 years

Yes

🇫🇷 France

Talent — International Reputation

4 years

Yes

🇩🇪 Germany

Opportunity Card (Chancenkarte)

Must prove sufficient fun...

1 year

No

🇩🇪 Germany

Freelance Residence Permit

No fixed statutory minimu...

1 year — 3 years

Yes

🇩🇪 Germany

Residence Permit for Financially Independent Persons

No fixed statutory minimu...

1 year — 3 years

Yes

🇩🇪 Germany

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No fixed statutory minimu...

1 year — 3 years

Yes

🇩🇪 Germany

Settlement Permit for Highly Qualified Professionals

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Yes

🇬🇷 Greece

Digital Nomad Visa

$49,412 / year

1 year — 2 years

Yes

🇬🇷 Greece

Golden Visa (Permanent Residence Permit for Investor)

$470,588

5 years — Permanent

Yes

🇬🇷 Greece

Residence Permit for Financially Independent Persons

$49,412 / year

3 years — Permanent

Yes

🇬🇷 Greece

Talent Visa

1 year

Yes

🇬🇬 Guernsey

Guernsey Entrepreneur Visa

$273,973

2 years — 5 years

Yes

🇬🇬 Guernsey

Guernsey Investor Visa

$1,369,863

2 years — 5 years

Yes

🇭🇺 Hungary

Guest Investor Residence Permit

$294,118

10 years

Yes

🇭🇺 Hungary

Guest Self-Employment Residence Permit

No fixed capital requirem...

1 year — 3 years

Yes

🇭🇺 Hungary

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🇮🇸 Iceland

Long-Term Visa for Remote Work

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90 days — 180 days

Yes

🇮🇪 Ireland

Stamp 0 (Person of Independent Means)

$58,824 / year

1 year

No

🇮🇪 Ireland

Start-Up Entrepreneur Programme (STEP)

$58,824

2 years — 5 years

Yes

🇮🇲 Isle of Man

Innovator Visa

$68,493

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🇮🇲 Isle of Man

Start-Up Visa

$1,295

2 years

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🇮🇹 Italy

Digital Nomad Visa

$29,164 / year

1 year

Yes

🇮🇹 Italy

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$36,471 / year

1 year — 2 years

Yes

🇮🇹 Italy

Investor Visa for Italy

$294,118

2 years — 3 years

Yes

🇮🇹 Italy

Italia Startup Visa

$58,824

1 year — 3 years

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🇯🇪 Jersey

High Value Residency Programme

$4,794,521

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🇽🇰 Kosovo

Self-Employment Work Permit

No fixed minimum capital....

1 year — 5 years

Yes

🇱🇻 Latvia

Investor Residence Permit

$58,824

5 years

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🇱🇻 Latvia

Long-Stay Visa for Remote Work

$59,478 / year

1 year — 2 years

No

🇱🇻 Latvia

Startup Visa

$3,294

3 years

Yes

🇱🇻 Latvia

Temporary Residence Permit for Pensioners

$15,544 / year

5 years

Yes

🇱🇮 Liechtenstein

Residence Permit Without Gainful Employment

CHF 100,000 / year

1 year

Yes

🇱🇹 Lithuania

Startup Visa

$1,176

1 year — 2 years

Yes

🇱🇺 Luxembourg

Investor Residence Permit

$588,235

3 years

Yes

🇱🇺 Luxembourg

Job Seeker Authorisation

Must prove sufficient res...

9 months

No

🇱🇺 Luxembourg

Residence Permit for Private Reasons

$38,174 / year

3 years

Yes

🇱🇺 Luxembourg

Self-Employed Worker Residence Permit

No fixed minimum — adequa...

3 years — 5 years

Yes

🇲🇹 Malta

Global Residence Programme

$17,647 / year

1 year — Permanent

Yes

🇲🇹 Malta

Malta Permanent Residence Programme

$80,000

Permanent

Yes

🇲🇹 Malta

Malta Retirement Programme

$8,824 / year

1 year — Permanent

Yes

🇲🇹 Malta

Nomad Residence Permit

$49,412 / year

1 year — 4 years

Yes

🇲🇹 Malta

Startup Residence Programme

$29,412

3 years — 8 years

Yes

🇲🇹 Malta

The Residence Programme

$17,647 / year

1 year — Permanent

Yes

🇲🇹 Malta

United Nations Pensions Programme

$11,765 / year

1 year — Permanent

Yes

🇲🇩 Moldova

Digital Nomad Visa

$35,788 / year

2 years

Yes

🇲🇩 Moldova

Investment Residence Permit

$31,765

2 years — 8 years

Yes

🇲🇨 Monaco

Residence Permit for Persons Without Professional Activity

No fixed minimum. Applica...

1 year — Permanent

Yes

🇲🇪 Montenegro

Digital Nomad Residence Permit

$28,376 / year

2 years — 4 years

Yes

🇲🇪 Montenegro

Temporary Residence and Work Permit for Entrepreneurs

No minimum capital requir...

1 year

Yes

🇲🇪 Montenegro

Temporary Residence Permit for Property Owners

$176,471

1 year

Yes

🇳🇱 Netherlands

Orientation Year Residence Permit

1 year

Yes

🇳🇱 Netherlands

Startup Residence Permit

$24,494 / month

1 year

Yes

🇲🇰 North Macedonia

Personal Work Permit for Self-Employment

No fixed minimum; must de...

1 year — 3 years

Yes

🇳🇴 Norway

Self-Employment Residence Permit

No fixed capital requirem...

1 year

Yes

🇵🇹 Portugal

D7 Passive Income Visa

$12,988 / year

2 years — Permanent

Yes

🇵🇹 Portugal

D8 Digital Nomad Visa

$51,953 / year

1 year

Yes

🇵🇹 Portugal

Golden Visa

$588,235

2 years — Permanent

Yes

🇵🇹 Portugal

Job Seeker Visa

$10,729 / month

120 days — 180 days

No

🇵🇹 Portugal

Residence Permit for Highly Qualified Activity

$22,744 / year

2 years — Permanent

Yes

🇵🇹 Portugal

StartUP Visa

$7,584

2 years — Permanent

Yes

🇷🇴 Romania

Digital Nomad Visa

$79,765 / year

6 months — 1 year

No

🇷🇴 Romania

Long-Stay Visa for Commercial Activities

$117,647

1 year — 3 years

Yes

🇷🇺 Russia

Impatriation Residence Permit

3 years — Permanent

Yes

🇷🇺 Russia

Investor Residence Permit

RUB 15,000,000 one-time

Permanent

Yes

🇸🇲 San Marino

Atypical Residence for Pensioners

$141,176 / year

10 years — Permanent

Yes

🇸🇲 San Marino

Elective Residence

$588,235

10 years — Permanent

Yes

🇸🇲 San Marino

High-Tech Startup Residence

$1

1 year — Permanent

Yes

🇷🇸 Serbia

Investor Temporary Residence Permit

$58,824

6 months — 3 years

Yes

🇷🇸 Serbia

Property Ownership Temporary Residence Permit

Ownership of residential ...

3 years

Yes

🇷🇸 Serbia

Startup Temporary Residence Permit

1 year — 3 years

Yes

🇷🇸 Serbia

Talent Temporary Residence Permit

1 year — 3 years

Yes

🇸🇰 Slovakia

Temporary Residence for Business Purpose

$33,427

3 years

Yes

🇸🇮 Slovenia

Temporary Residence Permit for Digital Nomads

$45,487 / year

1 year

Yes

🇸🇮 Slovenia

Temporary Residence Permit for Other Justified Reasons

$6,974 / year

1 year

Yes

🇪🇸 Spain

Entrepreneur Visa

No fixed capital requirem...

1 year — 3 years

Yes

🇪🇸 Spain

International Telework Visa

$33,431 / year

1 year — 3 years

Yes

🇪🇸 Spain

Non-Lucrative Residence Visa

$33,882 / year

1 year — 2 years

Yes

🇸🇪 Sweden

Residence Permit for Job Seeking

Must prove sufficient fun...

9 months — 1 year

Yes

🇸🇪 Sweden

Residence Permit for Highly Qualified Persons

9 months

No

🇸🇪 Sweden

Self-Employment Residence Permit

SEK 200,000 one-time

1 year — 2 years

Yes

🇨🇭 Switzerland

Residence Permit Without Gainful Employment

CHF 25,200 / year

1 year — 5 years

Yes

🇺🇦 Ukraine

Immigration Permit for Highly Qualified IT Specialists

Permanent

Yes

🇺🇦 Ukraine

Immigration Permit for Investors

$100,000

Permanent

Yes

🇺🇦 Ukraine

Temporary Residence Permit for Investors

$117,647

2 years

No

🇬🇧 United Kingdom

Global Talent Visa

1 year — 5 years

Yes

🇬🇧 United Kingdom

High Potential Individual Visa

2 years — 3 years

Yes

🇬🇧 United Kingdom

Innovator Founder Visa

No minimum investment req...

3 years — Permanent

Yes