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Hungary launches new golden visa program

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Residence permits will be provided for those who purchase expensive properties

What has happened? Hungary will offer residence permits to those buying expensive property in the country, six years after authorities shut a similar golden-visa program.

Requirements. The "Guest Investor Program" will allow those who invest at least €250,000 in local real estate funds or €500,000 in Hungarian real estate the right to apply for a 10-year renewable residence permit in Hungary.

As an alternative, donations of at least €1 million to so-called public funds, which the government has set up to oversee universities, will also be eligible.

Context. Hungary closed a similar program in 2017. It provided residence permits and free travel to the EU to buyers of €300,000 worth of government bonds. The program led to a surge in migration from China and Russia and was closed after media reports of alleged corruption and insufficient vetting of candidates.

Real estate offers that allow to participate in the program:
Flat for 943 000 euro in Budapest, Hungary
943 000 €
Flat in Budapest, Hungary
163 sq.m 3 2 1
Elite housing of the 21st century. Modern construction technologies and design equipment. Marina Part, which is familiar to many and has become a symbol of the 13th district, is the brainchild of one of the largest developers in Hungary. The continuation of the highly successful new building on the picturesque bank of the Danube was the...
WESTINVEST
Hotel for 1 000 000 euro in Keszthely, Hungary
1 000 000 €
Hotel in Keszthely, Hungary
2 sq.m 10% per year
In Hungary, in the Lake Balaton region, a well-established business is offered for sale, including a hotel, restaurant and museum, with a yield of 10% per annum! Hotel The three-star hotel is located in the center of Kesthey, 100 meters from the main square, completely renovated in recent years. The technical condition of the hotel is very...
WESTINVEST
Flat for 1 210 000 euro in Budapest, Hungary
1 210 000 €
Flat in Budapest, Hungary
646 sq.m 16 10 7
In the 3rd district of Budapest, in its part called Chillaghed, an exceptionally large family residence is offered for sale, located on a large plot with a well-maintained garden. The Mediterranean-style building consists of two separate residences, each with 2 apartments and large winter gardens. Apartments in the first building: The...
WESTINVEST
Flat for 627 000 euro in Budapest, Hungary
627 000 €
Flat in Budapest, Hungary
108 sq.m 3 2
Luxury apartments of new construction are for sale, in the heart of Budapest, next to St. Stephen's Basilica.The apartments were built by reconstructing the upper floor + the superstructure of additional 2 floors in an elegant classic residential building. The apartments have a permit for operation.The area is lively and full of life. The...
WESTINVEST
Office for 5 000 000 euro in Budapest, Hungary
5 000 000 €
Office in Budapest, Hungary
3360 sq.m
Online Viewing Remote Transaction
District 9, the business part of the city, the office complex consists of basement, first and second floors. Office space with a total area of ​​3.360 sq. m. Is currently leased to more than 85% of the area of various types of tenants. EBITDA at current occupancy of HUF 165 million (USD 576.675, or EUR 473.385), and at 100% lease, HUF 194...
Perfect Invest Hungary Ltd.
Cafe, restaurant for 500 000 euro in Budapest, Hungary
500 000 €
Cafe, restaurant in Budapest, Hungary
175 sq.m
The sale of commercial premises from the largest developer in a new residential complex under construction on the banks of the Danube, in the 3rd popular Buda district of Budapest, has been announced. Next to the world-famous SIGHET island with its own pedestrian bridge to the island, with a green recreation Park, with playgrounds, 7 queues of a...
WESTINVEST
Villa for 5 000 000 euro in Budapest, Hungary
5 000 000 €
Villa in Budapest, Hungary
1000 sq.m 7 5 4
In the elite 2nd district of Budapest, a beautiful modern super-panoramic villa with an area of 1000 m2 is for sale. The extra-class villa is located above the Rose Hill, in a quiet lane bordering the forest and has an incomparable panorama of the Danube, bridges, Gellert Mountain and Parliament. The villa has 7 rooms, expensive cladding...
WESTINVEST
Villa for 4 900 000 euro in Budapest, Hungary
4 900 000 €
Villa in Budapest, Hungary
930 sq.m 8 6
In the second district of Budapest, in its part called Pasharet, on a spacious plot of 4828 sq.m., on the outskirts of the forest, a luxury villa with panoramic views is offered for sale. Buda hills, ecology, fresh air, elite surroundings - Pasharet is one of the most prestigious areas of Budapest. Excellent infrastructure and transport links....
WESTINVEST
Villa for 2 900 000 euro in Budapest, Hungary
2 900 000 €
Villa in Budapest, Hungary
610 sq.m 4 4
On one of the most elegant streets of the famous Rose Hill, located in the 2nd district of Budapest, a panoramic, luxury villa with a roof terrace is for sale. High quality! Restrained elegance! Cozy house with a convenient layout! Built in the Mediterranean style, the luxurious modern villa has a hydraulic silent elevator. The property was...
WESTINVEST
Villa for 2 500 000 euro in Budapest, Hungary
2 500 000 €
Villa in Budapest, Hungary
380 sq.m
In the 2A district of Budapest, for sale a modern luxury villa with a unique atmosphere, with an energy-saving heating system! Luxury villa, with 5 bedrooms, with an area of 380 m2, is located in a quiet side street, in a picturesque part of the 2A district, called Budaliget. A spacious living room with double-height ceilings, with a dining...
WESTINVEST
Flat for 775 000 euro in Budapest, Hungary
775 000 €
Flat in Budapest, Hungary
185 sq.m 5
In the 5th district of Budapest, in its historical center, next to Vereshmarti Ter Square, Deak ter, in an old house of classical construction, on the floor built in 2020, a two-storey apartment in technical condition of "finished construction" is offered for sale. The house is elegant, with an elevator. All technical elements are built in or...
WESTINVEST
Villa for 1 300 000 euro in Budapest, Hungary
1 300 000 €
Villa in Budapest, Hungary
430 sq.m 5 4 3
Online Viewing Remote Transaction
Directly on the border of Budapest in Solymar, house built in 2018, 430 m2, 2 floors with indoor heated swimming pool. The house consists of 2 floors, on the 1st floor there is an entrance hall, a living room with a dining room, a kitchen, an office, a utility room, a guest toilet. On the second floor there is a large bedroom with dressing room...
Perfect Invest Hungary Ltd.
Commercial apartment building for 3 500 000 euro in Budapest, Hungary
3 500 000 €
Commercial apartment building in Budapest, Hungary
1220 sq.m
In the 14th district of Budapest, in the area of villas and family houses near the central city park Varosliget, in a green environment, real estate and a project company with all construction permits and project documentation are offered for sale. The building is not under state protection. Real estate is a private property. The building has...
WESTINVEST
House for 1 105 700 euro in Budapest, Hungary
1 105 700 €
House in Budapest, Hungary
454 sq.m 7 5 3
In the II district of Budapest, in its part called Testverhed, a semi-detached family house with panoramic views is offered for sale. Excellent infrastructure and transport links. Year of construction: 2009 Plot size: 907 sq.m. House size: 454 sq.m. Number of rooms: 7 Bedrooms: 5 Bathrooms: 3 Heating system: double-circuit gas boiler Technical...
WESTINVEST
Villa for 9 300 000 euro in Budapest, Hungary
9 300 000 €
Villa in Budapest, Hungary
990 sq.m
Luxury villa-residence for sale in the elite 2nd district of Budapest. Absolute luxury! The villa was built by a German developer, on a quiet street, on a large fenced plot of 4,400 m2, unique within Budapest, on all sides. The roof terrace offers an incomparable panorama of the green surrounding mountains and the protected forest.In the...
WESTINVEST
Flat for 714 000 euro in Budapest, Hungary
714 000 €
Flat in Budapest, Hungary
90 sq.m 3 2 2
Residence Online Viewing Remote Transaction
An appartement for sale in 5th dist. It is a two bedroom apartment, renovated, 90sqm in a classical building on the 1st floor, with a great view on the street. The public transport is excellent, there are many cafes, sport and shopping opportunities in the nearby area. It can be an ideal home or a good investment for you. Contact me for...
Ypsilon home KFT
Flat for 528 000 euro in Budapest, Hungary
528 000 €
Flat in Budapest, Hungary
100 sq.m 3 2 2
Residence Online Viewing Remote Transaction
An appartement is for sale in 13th dist. It is a two bedroom apartment, renovated, 100sqm in a classical building on the 1st floor, with a great view on the street. The public transport is excellent, there are many cafes, sport and shopping opportunities in the nearby area. It can be an ideal home or a good investment for you. Contact me...
Ypsilon home KFT
Flat for 995 000 euro in Budapest, Hungary
995 000 €
Flat in Budapest, Hungary
159 sq.m 3 2
In the historical center of Budapest, in the 5th district, on Vereshmarti Square, at the foot of the Chain Bridge, near the Sofitel, InterContinental and Four Season hotels, in the classic 87-apartment palace, luxury apartments are offered for sale, mainly designed not for their own living, but for investment with the purpose of renting. Tenants...
WESTINVEST
Flat for 671 100 euro in Budapest, Hungary
671 100 €
Flat in Budapest, Hungary
80 sq.m 3 2 2
This exclusive property is located in the heart of the city, on Alkotmány Street, in a good condition building built in 1903. The 80 m2 luxury apartment faces west, so it is flooded with sunlight all day long. The windows of the living room open onto the opposite ministry in Szemere Street. The renovation of the apartment was done in...
Barnes Hungary Luxury Homes Kft.
Apartment for 2 000 000 euro in Budapest, Hungary
2 000 000 €
Apartment in Budapest, Hungary
150 sq.m 4 3 3
Online Viewing Remote Transaction
The apartment enjoys a prestigious location overlooking the most iconic landmark in Budapest. It offers a spectacular unobstructed view of the Houses of Parliament and the Danube, a panoramic that is unlikely to be surpassed. As one steps into this stunning 150 m² three-bedroom and three-bathroom apartment, one is impressed by the luxurious...
Perfect Invest Hungary Ltd.

Source: Bloomberg

Photo by Ervin Lukacs on Unsplash

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