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April 22nd, 2024

The appealing new choice: Hungary Golden Visa

Real estate investment has reached unprecedented value in the current market.

From 2024 onwards, investing in Hungary opens the door for investors and their families to secure Hungarian residency for an extended duration of 10 years, offering them seamless, visa-free access to the EU and Schengen zones.

There are three investment avenues available for interested parties:

  • Real Estate Fund: A fully refundable investment of EUR 250,000 with a commitment period of 5 years.
  • Residential Property: Purchase a property worth at least EUR 500,000, to be maintained for a minimum of 5 years.
  • Charitable Donation: Make a contribution of EUR 1 million to support education, scientific research, or the arts.

Why consider the HUNGARY GOLDEN VISA program?

The Hungarian Golden Visa, or the "Guest Investor Residence Permit" as it's officially termed, offers a decade-long residency permit, renewable for life. This program affords investors and their families the liberty to travel visa-free within the EU Schengen zone and live in Hungary without any minimum stay requirements. Moreover, non-residents face no tax obligations. Applications are usually approved within a 4 to 8 week period.

Securing the Hungarian Golden Visa through Real Estate Investment:

Ensure you provide a legally vetted sale and purchase contract for a residential property worth at least EUR 500,000. The property must be located within Hungary's borders and duly registered in the Hungarian Land Registry by its specific parcel identification or topographical lot number, clear of any legal and financial encumbrances.

There are many questions regarding this, such as whether it is possible to buy one or multiple properties.

Explore a wide range of real estate investment opportunities on our website!

Interested in buying a property in Budapest?

Interested in buying a property in Budapest?

Contact us to get a tailor made investment advice from the Budapest market specialist.

 

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Tower Investment
Contact Us Now on Phone or via Form

H-1137 Budapest, Pozsonyi út 1.
Tel.: +36 1 808 9090
info@tower-investments.comwww.tower-investments.com

© 2019 Tower Investments | All rights reserved
Prices of apartments are indicative only. Pricing and availability should be confirmed with Tower International.

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