The Hungarian Golden Visa, officially called the “Guest Investor Residence Permit,” provides a long-term residency permit valid for ten years, with the option for unlimited renewals. It can also be upgraded to permanent residency if the applicant resides full-time in Hungary for five years. However, this program is not a citizenship-by-investment scheme, as Hungary does not offer a direct pathway to citizenship. Applicants seeking European citizenship may want to explore other programs with clearer routes, such as those in Portugal or Malta.
Family Applications
Hungary’s Golden Visa program allows applicants to include their spouse and children under 18 years old. For children over 18, they may still be included if they are financially dependent, unmarried, and pursuing education. Parents aged 65 and older can also be added without the need to prove dependency. Additional fees apply for extra dependents. For a tailored family quotation, consult with Oxbridge’s specialists.
Benefits
The program offers several advantages to participants:
- A swift and efficient route to European residency.
- Lifetime residency, renewable every ten years.
- Visa-free travel across the EU Schengen zone.
- No minimum stay requirements.
- No tax obligations for non-residents.
- The freedom to reside in Hungary.
- Applications processed within approximately 4–8 weeks.
