The Hungary Guest Investor Program (GIP) is an immigrant investor program created by the Government of Hungary to attract investments from outside the country. Under the program, foreign investors can obtain a Hungarian residence permit for 10 years by contributing at least €250,000.

Requirements

The GIP offers three investment options to choose from:

  1. Acquisition of investment certificates worth at least €250,000, issued by a real estate fund registered with the Hungarian National Bank.
  2. Providing a monetary donation of at least €1 million to a higher education institution maintained by a public interest trust foundation that performs a public task for the purpose of supporting educational, scientific research, and artistic creative activities.

The validity period of the guest investor residence permit is a maximum of ten years, which can be extended for an additional ten years only for the same purpose.

Under this GIP program, Investors receive

Quick Summary

Below is a quick summary of Hungary’s guest investor program for international investors who wish to invest in Hungary seeking residence permit in Europe.

Guest Investor ProgramExplanation
Minimum Investment€250,000 (Real Estate Fund)
€1 million (Public Donation)
Returns2-5% per annum (not guaranteed)
RecoverableYes (after 5 yrs)
Investment TypeReal Estate Fund
Public Donation
Additional feesLegal/Professional/Fund fees/Agency/Banking fees (not included)
Bank accountMandatory (securities)
Residence conditionsNone
Processing time3 months
Citizenship conditionsAfter 8 years (continuous living) + Language test + Cultural test
FamilySpouse and children under 18 only
Work PermissionGranted
Visa FreeSchengen / EU
Residence permit Issued10+10 years
Permanent Residency3 years
Property InvestmentClosed
Housing addressRequired (renting required)
TaxationNo taxes on foreign income, and not tax resident of Hungary (spends 183 days). Fund returns subjected to 15% capital gains tax.