In recent years, Hungary, as a Europeanimmigrantsemerging hotspot in the market, attracting the attention of many investors.In 2024, Hungary re-launched theinvestment immigrationThe program offers a fast and convenient path for foreign investors who wish to obtain European residency. By making a reasonable investment, applicants can obtain long-term residency in Hungary and enjoy European living, education, healthcare and business opportunities. This article will analyze in detailHungary Investment Migrationprojects, including application requirements, investment methods, approval processes and their advantages.
I. Hungaryinvestment immigrationsummarize
The Hungarian government introduced in 2024 a newinvestment immigrationprogram, which allows foreign investors to apply for residency by means of specific investments. This program aims to attract high net worth individuals, entrepreneurs and investors and bring more capital inflows to the Hungarian economy.
Key benefits of the program include:
- No high investment threshold, suitable for small and medium-sized investors
- Simple application process and shorter approval time
- Residence status can be obtained with the spouse and minor children.
- No need for permanent residence, can retain status in other countries
Two,investment immigrationThe main method
At present, there are three main ways of Hungarian investment immigration, each of which has its own characteristics, and applicants can choose the most suitable investment method according to their own situation.
1. Investments in government-designated funds
Applicants may choose to invest in investment funds approved by the Hungarian government. These funds are usually used for the construction of national infrastructure, real estate development or in the field of science, technology and innovation.
- Minimum Investment Amount: Not less than 250,000 euros
- Investment Term: 5 years
- Application Advantages: Low risk, regulated by the government, stable returns
- Suitable for people: Investors looking for solid returns
2. Purchase of Hungarian real estate
Real estate investment is one of the most popular forms of immigration, allowing investors to purchase residential or commercial properties in major cities such as Budapest.
- Minimum Investment Amount: Not less than 350,000 euros
- Holding period: At least 5 years
- Application AdvantagesStable real estate market with high appreciation potential for rental or owner-occupied properties.
- Suitable for people: Investors who wish to own European real estate and obtain residence status at the same time
3. Founding an enterprise or investing in a Hungarian enterprise
The Hungarian government encourages foreign investors to establish local businesses or invest in existing ones in order to promote economic development.
- Minimum Investment Amount: Not less than 150,000 euros
- Type of business: Technology, Manufacturing, Food & Beverage, Tourism, etc.
- Holding period: At least 3 years
- Application Advantages: You can expand your business territory and enjoy corporate tax incentives while obtaining residency.
- Suitable for people: Entrepreneurs and start-ups wishing to do business in Europe
III. Investment Immigration Application Process
The application process for Hungarian Immigrant Investor is relatively simple and can usually be completed within 6-9 months. Below are the specific steps:
1. Selection of investment modalities
Applicants choose suitable investment channels according to their own situation and prepare relevant funds.
2. Submission of preliminary applications
Applicants are required to submit an application for investment immigration to the Hungarian Immigration Office and provide identity information, proof of funds, proof of no criminal record and other documents.
3. Making investments
After the initial approval of the application, the investor is required to complete the investment of funds, such as the purchase of real estate, the injection of capital into a business or an investment fund.
4. Obtaining a temporary residence permit
Upon completion of the investment, the Immigration Bureau will issue a temporary residence permit valid for 1-2 years to the applicant and his/her family members.
5. Application for permanent residence
After 3-5 years of holding temporary residence, the applicant can apply for permanent residence (PR), after which he/she has the option of applying for Hungarian citizenship.
IV. Main advantages of investment immigration
1. Rapid access to European status
Compared to the complex immigration procedures of other EU countries, Hungary's investment immigration policy is relatively relaxed, with a short application time and an efficient approval process.
2. Access to EU countries
After obtaining the right of abode in Hungary, you can travel, live and work freely in 26 Schengen countries and enjoy the convenience of European integration.
3. Low cost of living and robust economic development
The cost of living in Hungary is much lower than in Western European countries, housing prices and consumption levels are moderate, while the economy continues to grow and investment prospects are promising.
4. High-quality education and health care
Hungary has first-class international schools and world-ranked universities, such as Szeged University and Budapest University of Economics. In addition, Hungary has a well-developed healthcare system, with both public hospitals and private healthcare organizations providing quality medical services.
5. No permanent residence required, no language requirement
Applicants do not need to reside in Hungary for a long period of time, nor do they need to master the Hungarian language, which greatly reduces the threshold for immigration.
V. Who is suitable to apply for Hungarian investment immigration?
Hungarian Immigrant Investor is suitable for the following people:
- High Net Worth Individuals who wish to obtain a European identity and enjoy the convenience of free traveling
- Entrepreneurs planning to invest in real estate or conduct business in Europe
- Families who want their children to receive a quality education in Europe
- Retirees seeking a high quality of life and enjoying a low-cost European lifestyle
VI. Conclusion
Immigration to HungaryA relatively simple and efficient path is provided for those who wish to immigrate to Europe. Whether through investment funds, real estate, or starting a business, applicants can obtain Hungarian residency through reasonable investment and enjoy the benefits of EU countries.
If you are looking for a cost-effective European country with friendly immigration policies, Hungary is undoubtedly an ideal choice. While the policy is still open, now is the best time to invest in immigration to Hungary!
