Hungary
Hungary Guest Investor Programme (GIP)
Also known as: Hungary Golden Visa, Hungarian Investor Residence
- Min investment
- $275K
- Program tier
- Renewable Temp
- Program type
- Golden Visa
- Initial validity
- 10 yr
- Renewable
- Yes
- Path to PR
- No
- Path to citizenship
- 8 yr
- Schengen access
- Yes
Investment options
Fund
$275KEUR 250,000 in a state-approved Hungarian real estate investment fund (REIF) registered with the Constitution Protection Office. Fund must hold at least 40% in residential Hungarian real estate. 5-year holding period.
Real Estate
$550KDirect purchase of residential real estate worth at least EUR 500,000 in Hungary. (NOTE: Implementation of this route was paused until at least 1 Jan 2026 after housing-market concerns; check current status before relying on it.)
Donation
$1.1MEUR 1,000,000 donation to a Hungarian institute of higher education for research, educational, or cultural activities.
Physical presence
Path to citizenship
- Available: Yes
- Minimum years: 8
- Physical-presence years: 8
- Language test: Yes
Naturalization requires 8 years actual residence + Hungarian language + civics. Guest Investor visa holders rarely meet the physical-residence requirement. Dual citizenship allowed.
Tax implications
- Becomes tax resident automatically: No
- Worldwide income taxed: No
- Territorial tax system: No
- Day-count for tax residency: 183 days
- Wealth tax: No
Hungary has a flat 15% personal income tax — one of the lowest in EU. Tax residency triggered by 183+ days OR habitual residence OR center of vital interests. Guest Investor visa alone does not trigger tax residency. No wealth tax, no inheritance tax for direct heirs.
Family inclusion
- Spouse: Yes
- Children under 18: Yes
- Dependent adult children: No
- Parents: Yes
Spouse, dependent minor children, and dependent parents. Adult children only if proven financial dependence.
Additional fees
- Application fee: $200
- Government fees: $200
- Legal/agent (est.): $6K
Application fee modest (~EUR 110-200). Fund management fees 1-2% annual + entry fee. Notarial / property transfer fees additional. Health insurance mandatory.
Eligibility requirements
- Non-EU/EEA/Swiss national, age 18+
- Clean criminal record from country of citizenship and any country of residence in last 5 years
- Health insurance
- Investment in qualifying route
- Source-of-funds documentation
Disqualifiers
- Sanctioned nationalities and adverse-media flags
- Inability to document source of funds
Recent changes
- 2024-07-01
Hungary's Guest Investor Programme launched, replacing the former Investment Residence (Bond) program that closed in 2017.
- 2024-12
Hungarian government delayed direct real estate route to 1 Jan 2026 due to housing-market concerns; fund route active immediately.
- 2025
Donations to higher education institutions added as a third qualifying route (EUR 1M).
- 2026
Direct real estate route reportedly implemented but with limited uptake; fund route remains dominant.
Notes
Hungary's program is the cheapest active EU Golden Visa offering 10-year residence at EUR 250K, but the structure (long-term temporary residence with no PR path) is unusual. Best understood as a Schengen-mobility instrument and not a relocation/citizenship pipeline. Hungary's 15% flat tax is attractive for those who do choose to relocate, but the Guest Investor permit alone does not trigger tax residency.
EasyPassport is a document-organization tool focused on citizenship by descent. This page is reference research, not legal or financial advice. Always verify with the official program authority.