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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 767 000 euro in Budapest, Hungary
767 000 €
Flat in Budapest, Hungary
150 sq.m 4 3 1
Luxury housing of the 21st century. Modern construction technologies and design equipment. Marina Part, 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 construction...
WESTINVEST
Castle for 13 200 000 euro in Budapest, Hungary
13 200 000 €
Castle in Budapest, Hungary
2891 sq.m 13 11 9
A magnificent restored palace of the Pronai dynasty is for sale, with great taste and scope. The name is located in the village of Aca (Acsa), just 58 km from the center of Budapest (north) towards the popular town of Vats, located on the banks of the Danube. It is an ideal place for weddings, receptions and exclusive vacations for a small...
WESTINVEST
Cafe, restaurant for 553 000 euro in Budapest, Hungary
553 000 €
Cafe, restaurant in Budapest, Hungary
167 sq.m
A great investment opportunity in the central part of the 13th district of Budapest, a few steps from the large shopping center Westend City! Commercial premises in a new residential building for rent in the first half of 2022 are for sale. Open your shop, pastry shop, bakery, boutique or sports studio and get dividends!A room with access to the...
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 2 550 000 euro in Budapest, Hungary
2 550 000 €
Villa in Budapest, Hungary
400 sq.m 7
With a big discount! In the second, elite district of Budapest, the complete reconstruction of the villa in the minimal style is coming to an end The complete reconstruction of the building took place in the period from 2019 to the end of 2022Real Estate Parameters:- 400 sq.m. house area- terrace of 240 sq.m.- 7 living rooms- 4 dressing rooms- 3...
WESTINVEST
Hotel for 10 500 000 euro in Budapest, Hungary
10 500 000 €
Hotel in Budapest, Hungary
5400 sq.m
In Budapest, on the Pest side, in good accessibility to any area of the city, a hostel is offered for sale that accepts both teams of workers and other guests. The modern building is in good technical condition, corresponds to a 3-star hotel. The settlement is organized as follows. There are single, double and triple rooms with a shared...
WESTINVEST
Apartment for 1 450 000 euro in Budapest, Hungary
1 450 000 €
Apartment in Budapest, Hungary
200 sq.m 3
In the historical center of Budapest, 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 out. Tenants from wealthy...
WESTINVEST
Investment project for 3 200 000 euro in Budapest, Hungary
3 200 000 €
Investment project in Budapest, Hungary
7783 sq.m
Land area: 7783 sq.m. Building area: 4801 sq.m. Available for rent: approx. 4000 sq.m. The industrial zone is located in the 8th district of Budapest, the total area of the plot is 8163 sq.m., 7783 sq.m. are the property of the seller, the remaining approx. 400 sq.m. are used on a physically common territory on the basis of a use agreement. The...
WESTINVEST
Flat for 685 000 euro in Budapest, Hungary
685 000 €
Flat in Budapest, Hungary
114 sq.m 3
Luxury apartment for sale in a historic villa near Heroes Square. A luxury apartment is for sale in a historic villa located in the classic diplomatic quarter, next to Heroes' Square. Thanks to the prestigious tenants, the marble-lined staircase, the entire villa has been renovated inside and out. The renovation of the apartment was completed in...
WESTINVEST
Villa for 2 100 000 euro in Budapest, Hungary
2 100 000 €
Villa in Budapest, Hungary
1000 sq.m 14 12
In the 3rd Buda district of Budapest, on the banks of the Danube, a villa (1000 m2) with an indoor pool is for sale. Elegant villa of 1000 m2, was built on the Roman coast in 1996, in a quiet, hidden from prying eyes large garden (3800 m2) with century-old trees. Ground floor: living room with fireplace, dining room and kitchen with a...
WESTINVEST
Flat for 540 000 euro in Budapest, Hungary
540 000 €
Flat in Budapest, Hungary
102 sq.m 4 3 2
In a modern residential park located in the central, elite part of the 2nd district of Budapest, a 4-room panoramic apartment is for sale. The elegant apartment is located on the 4th floor in a building with an elevator, in a popular residential complex surrounded by a huge beautiful garden, near Pashareti Square.A quiet, cozy apartment flooded...
WESTINVEST
Apartment for 665 000 euro in Budapest, Hungary
665 000 €
Apartment in Budapest, Hungary
88 sq.m 4 3 2
Residence Online Viewing Remote Transaction
5th district, on the Belgrád rakpart embankment in a beautiful renovated house built in 1911 by the famous architect Fodor Gyula, on the 4th floor an apartment of 85 m2 after a major renovation, carried out in a luxury class. The apartment consists of 3 bedrooms, living room, kitchen, 2 bathrooms and a guest toilet. One of the bedrooms...
Perfect Invest Hungary Ltd.
Villa for 2 870 000 euro in Budapest, Hungary
2 870 000 €
Villa in Budapest, Hungary
420 sq.m 7 5 4
Residence Online Viewing Remote Transaction Rental property
2nd district, on the border of Rozsadomb, 15 minutes from the center, on a plot of 800 m2, a house of 420 m2 was built in 2023, no one has lived yet. 5 bedrooms, 4 bathrooms. a huge living room with a ceiling height of 6.5 m and a gallery plus one separate apartment (office, house for guests, for staff, etc.), a huge terrace with panoramic views...
Perfect Invest Hungary Ltd.
Apartment for 810 000 euro in Budapest, Hungary
810 000 €
Apartment in Budapest, Hungary
125 sq.m 5 4 2
Residence Online Viewing Remote Transaction
Budapest, 2nd district, not far from the center 15-20 minutes, the famous Rose Hill, Pálvölgyi út, next to a conservation area, on a separate plot, a house with 3 apartments, an apartment on the 2nd floor of 125 m2, 4 bedrooms and an open kitchen with a living room of 40 m2 , balcony 16m2. The apartment has its own part of the...
Perfect Invest Hungary Ltd.
Flat for 629 000 euro in Budapest, Hungary
629 000 €
Flat in Budapest, Hungary
86 sq.m 3 2 2
A luxury apartment is offered for sale in the 5th district of Budapest, 100 meters from the Hungarian Parliament. In front of the house there is a pedestrian street leading to Parliament Square, a decorative park and a Monument of National Unity, Cozy cafes and souvenir shops are located around. The apartment is renovated, has a luxurious...
WESTINVEST
Apartment for 505 000 euro in Budapest, Hungary
505 000 €
Apartment in Budapest, Hungary
90 sq.m 4 3 2
Residence Online Viewing Remote Transaction Rental property
6th district, historical center, boulevard ring Terez, in a beautiful historical house, 2-level apartment on the 2nd floor after major renovation, 90 m2, open living room with kitchen, 3 bedrooms and 2 bathrooms plus a bath in one of the bedrooms). 60 m2 plus 15 m2 second level and plus 15 m2 gallery. The apartment is beautifully furnished and...
Perfect Invest Hungary Ltd.
Apartment for 871 000 euro in Budapest, Hungary
871 000 €
Apartment in Budapest, Hungary
166 sq.m 7 5 3
Residence Online Viewing Remote Transaction Rental property
7th district, historical center, Rakoczi Avenue, in a historical building with an elevator on the 3rd floor, apartment 116 m2 after a major renovation. Currently the apartment is divided into 2 apartments with a separate entrance. 1 apartment: 90 m2 plus gallery 30 m2 (living room, 3 bedrooms and 2 bathrooms). 2nd apartment 30m2 plus 15 gallery...
Perfect Invest Hungary Ltd.
Apartment for 565 000 euro in Budapest, Hungary
565 000 €
Apartment in Budapest, Hungary
86 sq.m 4 3 2
Residence Online Viewing Remote Transaction Rental property
6th district, historical center, not far from the Opera, in a quiet street, in a beautiful historical restored building with a new panoramic elevator on the 2nd floor, apartment 86 m2 after a complete overhaul. The apartment consists of an open kitchen with a living room, 3 bedrooms, 2 bathrooms and an office. The renovation was made in a luxury...
Perfect Invest Hungary Ltd.
Flat for 6 200 000 euro in Budapest, Hungary
6 200 000 €
Flat in Budapest, Hungary
197 sq.m 4 2 2
Property for sale that meets the requirements of the "Golden Visa" program! The program for foreign investors (better known as the "Golden Visa") has been officially available since July 1, 2023, offering investors from third countries the opportunity to obtain a 10+10 year residence permit. Invest in real estate that not...
Private person

Source: Bloomberg

Photo by Ervin Lukacs on Unsplash

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