In recent years, Hungary has become Europe's most popular place to buy a home due to its favorable geographical location, stable economic growth and relatively low property prices.immigrantsone of the countries.2025, the Hungarian government reorganized theinvestment immigrationThe policy provides global investors with a more attractive way to buy property and migrate to Hungary. So, how to obtain long-term residence in Hungary through real estate investment? This article will provide you with a detailed analysisImmigration to HungaryThe process, conditions, costs and precautions of moving to Hungary will help you to move to Hungary smoothly.
First, why choose Hungary home purchase immigration?
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Relatively low investment threshold
Compared to Western European countries such as Portugal and Spain, the cost of purchasing a property in Hungary is low. In big cities such as Budapest, the price of a quality property is around €2,000-€5,000 per square meter, while in smaller cities or suburbs, the price is more attractive. -
Fast track to permanent residence
Applying for a residence permit by purchasing a property and investing in it takes a short period of time to approve, usually 6-12 months to obtain a long-term residence status, which lays the foundation for applying for permanent residence or even citizenship in the future. -
No mandatory residency requirement
Many European countries require immigrants to reside for a long period of time, but Hungary's home purchase immigration has relatively relaxed residency requirements, making it suitable for investors who want to have a status in Europe but do not want to be restricted to a place of residence. -
High potential for growth in the real estate market
In recent years, Hungary has seen a steady rise in house prices, and the real estate market in Budapest in particular has attracted a large number of international investors, with property investments not only being used for residential purposes, but also generating significant rental income. -
low-tax policy
Hungary's personal income tax is only 151 TP3T and corporate income tax is the lowest in Europe at 91 TP3T, which is an attractive advantage for investors.
Second, the main conditions of the Hungarian purchase of immigrants
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Purchase amount requirement
- Currently the Hungarian government does not set a minimum amount of money to purchase a property, but it is generally recommended to invest €150,000-€300,000 in a property to ensure that you meet the criteria for a long term residency application.
- Types of purchases include homes, condominiums or commercial properties, subject to investment criteria set by the government.
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Legal Home Purchase Procedures
- Purchasers are required to obtain approval from the Hungarian government and usually need the assistance of a lawyer to complete the notarization of the purchase contract and registration of the property.
- Foreigners are required to obtain special permission from the local government to purchase a home, and the application takes about 1-3 months.
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Application for permanent residence
- Upon completion of the purchase, the applicant may apply for a Residence Permit for Investors.
- Proof of bank funds, purchase contract, notarized document and residence application form are required.
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Certificate of no criminal record
- Applicants are required to submit a certificate of no criminal record from their home country to ensure compliance with Hungarian immigration regulations.
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Proof of medical insurance and stable income
- Applicants are required to take out health insurance and prove that they have sufficient financial means to live in Hungary without relying on social welfare.
Third, the process of purchasing a home to immigrate in detail
Step 1: Research the Real Estate Market
Choose the right property in popular cities such as Budapest, Debrecen and Szeged. It is advisable to work with a local real estate agent or lawyer to ensure a smooth home buying process.
Step 2: Apply for a purchase permit
The purchase of Hungarian property by a foreigner requires the approval of the local government and the application takes about 1-3 months.
Step 3: Signing the Purchase Contract
Sign a purchase contract with the seller and pay a deposit of 10%-20%. The contract is to be notarized and submitted to the local real estate agency for recordation.
Step 4: Completion of payment and registration of the title of the house
Once the purchase price is paid in full, the solicitor will assist in registering the property in your name and receiving an official deed.
Step 5: Application for permanent residence
After the purchase is completed, prepare the relevant documents and apply for a long-term residence permit from the Hungarian Immigration Office, the approval time is usually 6-12 months.
Fourth, the cost analysis of the Hungarian purchase of immigrants
Cost category | Cost range |
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Real Estate Investment | €150,000-€300,000 (depending on region and type of room) |
Application Fee for Government Home Purchase Permit | €200-€300 |
Property registration fees | 4% of the purchase amount |
Attorney Fees | 1%-2% of purchase amount |
insurance cost | €500-€1000/year |
Cost of living (Budapest) | €1000-€2000 per month (including rent and living expenses). |
V. Precautions for purchasing a home to immigrate
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Choosing a quality property
- Focus on the location of the property, surrounding infrastructure and potential for future appreciation.
- Try to choose a downtown or popular location for future resale or rental.
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Avoiding unscrupulous agents
- Choose reputable real estate agents and solicitors to ensure a transparent and secure transaction.
- Be wary of the trap of low-priced properties and make sure that the title is clear and there are no debt disputes.
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Tax planning
- Learn about Hungary's property tax, personal income tax, etc. before purchasing a home so that you don't incur additional costs later.
- Rental income can be obtained by renting out the property after purchase, subject to the payment of the required taxes.
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Maintaining ownership of the property
- Long-term residency status for homebuyer immigrants is tied to property ownership, and the sale of the property may affect residency.
- After applying for permanent residence or citizenship, the sale of the property may be considered.
Sixth, to summarize: Hungary home purchase immigration is worth considering?
Hungary's home purchase immigration policy provides overseas investors with a relatively low-cost, low-threshold immigration route that is particularly suitable:
✅ Investors who want to obtain long-term residency in the EU
✅ People who want to buy real estate in Europe and realize asset allocation
✅ Migrants seeking low taxes and high quality of life
✅ Applicants who do not wish to be obliged to reside permanently but want to have European status
If you are planning to migrate to Europe.Immigration to HungaryIt is undoubtedly an option worth considering. It is advisable to do your market research in advance and consult a professional immigration attorney to ensure that the entire application process goes smoothly.