Hungary
Hungary Golden Visa
The Hungary Golden Visa runs as the Guest Investor Programme. It grants a residence permit of up to 10 years for an investment in a real estate fund registered with the Hungarian National Bank.
- Investment threshold
- €250,000
- Investment type
- Real estate fund
- Stay requirement
- No minimum stay
- Family scope
- Spouse and minor children
Last updated: 15.10.2026
Programme facts
Programme conditions are monitored regularly and updated when the legislation changes.
Last reviewed: 15.10.2026
- Investment amount
- €250,000 Invested in an eligible real estate investment fund.
- Holding period
- At least 5 years The fund units are held in a blocked account in the investor’s name.
- Fund supervision
- Hungarian National Bank (MNB) The fund must be registered with the MNB and the fund manager must meet the statutory criteria.
- Fund portfolio
- At least 40% residential The fund invests at least 40% of its net asset value in residential property in Hungary.
- Residence permit
- 10 years Renewable for a further 10 years while the conditions are met.
- Stay requirement
- No minimum stay
- Review period
- 21 days The period published by the immigration authority. Document preparation and the visa stage are not included.
- Citizenship
- 8 years of continuous residence Citizenship is a separate application with language and constitutional knowledge requirements.
How the real estate fund investment works
The programme’s main investment option is a real estate fund registered with the Hungarian National Bank. The investor buys units in this professionally managed fund. The homes in the fund’s portfolio are managed by the fund manager.
The units are issued in the investor’s name and held in a blocked account for at least five years. This is shown by the securities account documents.
Funds differ in strategy, portfolio, liquidity terms and costs. The fund is therefore chosen by weighing the investor’s expectations, risk approach and planned holding period together. Fund returns are not guaranteed.
€250,000 is the minimum investment. Legal advice, fund charges, government fees, translations and health insurance are calculated separately.
The legislation also provides for a donation of at least €1,000,000 to higher education institutions. The donation is not returned to the investor.
How the process runs
Every part of the process is run with law firms, banks, fund managers and public authorities in Hungary under Casa Massal’s coordination. Legal work is carried out by the law firm the investor appoints.
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01
Initial assessment
Casa Massal reviews family structure, budget, source of wealth and objectives.
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02
Starting the legal process
Powers of attorney and agreements are completed with the law firm in Hungary.
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03
Fund review and selection
Eligible funds are compared on strategy, risk, liquidity and costs. The investor chooses the fund.
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04
Guest investor visa
If the investor’s nationality requires a visa, an application is made at a Hungarian consulate.
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05
Making the investment
The investor buys the fund units; the blocked account and custody documents are issued.
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06
Residence permit application
The application is made in Hungary, through Enter Hungary or the competent authority.
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07
Biometrics and decision
The investor attends biometrics in person. The immigration authority reviews the file within 21 days.
21 days
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08
Renewal and long-term follow-up
The process is followed through the holding period, card renewals and later residence stages.
Family, travel and tax
Family
The spouse and minor children can obtain residence under the family reunification rules. Other family members are assessed separately. A separate application may be needed for each family member.
Travel
The Hungarian residence permit allows short-stay travel within the Schengen Area for up to 90 days in any 180. Living or working in another EU country is subject to that country’s rules.
Tax
The residence permit does not by itself create tax residence. Tax position depends on time spent in the country, the type of income and double tax treaties. Tax questions are handled individually with tax advisers.
Citizenship
The guest investor permit does not lead directly to citizenship. As a general rule, citizenship requires eight years of continuous residence, Hungarian language skills and constitutional knowledge.
Is Hungary suited to your situation?
In the first meeting Casa Massal reviews your budget, planned holding period and goals in Europe, and compares the suitable options.
What you share is used only to carry out the consultation process and is not shared with third parties unless you give explicit consent or the law requires it.
Direct contact
Messages are answered within 48 hours at the latest.
The information on this page is general in nature and does not constitute investment advice. Programme conditions are subject to the legislation of the country concerned and are re-confirmed before any application.
Last updated: 15.10.2026