Hungary is set to reintroduce its Golden Visa Program, now rebranded as the Guest Investor Program (GIP), beginning on July 1, 2024. This initiative offers a pathway for non-EU/EEA nationals to gain residency in Hungary through various investment options. With the flexibility to include family members in the residency permit, this program also allows visa-free travel within the Schengen Area, making it an attractive option for global investors.

Investment Options

The Guest Investor Program offers three primary investment routes:

  1. Real Estate Fund Investment: Investors can purchase a unit in a Hungarian real estate fund for a minimum of €250,000.
  2. Residential Property Purchase: Investors can buy residential property in Hungary with a minimum value of €500,000.
  3. Donation to Higher Education: A €1,000,000 donation to a Hungarian higher education institution qualifies for residency under this program.

These options cater to different investor preferences and provide a straightforward path to obtaining Hungarian residency.

Program Benefits

The Hungarian Golden Visa comes with several significant advantages:

  • Visa-Free Travel: Residency permits granted through the GIP allow for visa-free travel across the Schengen Area, which includes most European Union countries.
  • Family Inclusion: Investors can include their spouse and children in the residency application, ensuring that the entire family can benefit from the program.
  • Permanent Residency: After five years of continuous residency, participants can apply for permanent residency in Hungary.
  • Pathway to Citizenship: Ultimately, investors can pursue Hungarian citizenship after eight years of residency.

Application Process

The application process for the Hungarian Golden Visa is designed to be efficient and straightforward, but it involves several critical steps:

  1. Choose an Investment Option: Select one of the three investment routes that best suits your financial and personal goals.
  2. Prepare Documentation: Gather the necessary documents, including proof of investment, personal identification, and background checks.
  3. Submit Application: File your application with the relevant Hungarian authorities.
  4. Obtain Residency Permit: Upon approval, receive your Hungarian residency permit, allowing you and your family to reside in Hungary and travel within the Schengen Area.
  5. Maintain Investment: Ensure that your investment remains compliant with the program’s requirements to retain residency status.

Why Choose Beyond Global Partners?

At Beyond Global Partners, we specialize in providing comprehensive consultancy services for obtaining Golden Visas and other residency permits. Our international team is equipped with the expertise and experience to guide you through every step of the process, ensuring a smooth and successful application.

Our Services Include:

  • Personalized Consultation: We assess your unique situation and help you choose the best investment option for your needs.
  • Document Preparation: Our team assists in gathering and preparing all necessary documentation to ensure your application is complete and accurate.
  • Application Submission: We handle the submission process, liaising with Hungarian authorities on your behalf.
  • Ongoing Support: Even after you obtain your residency permit, we provide continued support to ensure your investment remains compliant and to assist with any additional needs.

Why Trust Beyond Global Partners?

  • Expertise: With years of experience in immigration consultancy, we understand the intricacies of various residency programs, including the Hungarian Golden Visa.
  • Comprehensive Support: From start to finish, we are with you every step of the way, offering tailored advice and support.
  • Global Reach: Our international team has a broad understanding of global immigration trends and can offer insights and solutions that are aligned with your goals.

By choosing Beyond Global Partners, you are ensuring a hassle-free and efficient process for securing your Hungarian residency. Contact us today to learn more about how we can assist you in taking advantage of Hungary’s Golden Visa Program and securing your future in Europe.