The Hungary Golden Visa is an excellent option for those looking to invest in the country while gaining access to the Schengen Area and securing long-term residency. Launched in 2024, the Golden Visa program requires a substantial investment in Hungarian real estate or government-approved funds. In exchange, successful applicants receive residency for themselves and their immediate family members.

Investment Options:
1. Real Estate Investment: Minimum €500,000 investment in residential property.
2. Real Estate Fund: Minimum €250,000 investment in a government-approved fund with a five-year maturity.
3. Donation to Higher Learning Institutions: Donation of €1,000,000+ to a Hungarian university or research institution.

Key Benefits

🔹 Visa-Free Travel: With a Hungarian residence permit, you can travel freely across all Schengen countries, staying up to 90 days within a 180-day period.

🔹 Residency for Family: The Golden Visa covers your spouse and children under 18, enabling them to join you in Hungary.

🔹 Investment in Real Estate: Investors can buy residential property valued at €500,000 or more, opening up opportunities in Hungary's booming real estate market.

🔹 Tax Benefits: Hungary offers some of the lowest tax rates in Europe, with an income tax rate of 15% and a corporate tax rate of 9%.

🔹 Permanent Residency and Citizenship: After living in Hungary for a few years as a Golden Visa holder, you may qualify for permanent residency, and eventually, citizenship.

Costs:
In addition to the investment, applicants must cover legal fees, application processing fees, and administrative charges, typically ranging from 4% to 5% of the total investment. There may also be additional costs for translation, notary services, and the preparation of documents.

Application Timeline:
The Hungary Golden Visa process takes approximately 6 months from initial application to the receipt of your residence permit. The entire process is handled by our expert legal team to ensure accuracy and efficiency.

Hungary offers a highly attractive business residency program for entrepreneurs and investors. This program allows non-EU citizens to obtain a residence permit by starting a business or making a significant investment in a Hungarian company. The business residency program is ideal for those looking to live and work in Hungary while benefiting from the country's favorable business climate and strategic location in Europe.

Requirements:
1. Company Registration: The applicant must establish a legal entity in Hungary, typically an LLC (Kft) or JSC (Rt), with a minimum capital investment of €7,700.
2. Business Activity: The company must engage in legitimate business activities that contribute to the Hungarian economy. Some activities may require additional licenses (e.g., pharmaceuticals, insurance).
3. Sufficient Income: The business must generate enough income to support the applicant, typically around €1,500 per month.
4. Job Creation: While not mandatory, hiring Hungarian employees increases the likelihood of a successful application.

Key Benefits

🔹Low Corporate Tax: Hungary's corporate tax rate of 9% is the lowest in the European Union, making it an attractive destination for businesses.

🔹Schengen Travel: With your business residency, you and your family can travel across the Schengen Zone without the need for additional visas.

🔹Work Opportunities: As a business owner, you can manage and operate your business directly in Hungary. Family members are also allowed to work in Hungary.

🔹Residency for Family: Your spouse and children under 18 can join you in Hungary under this residency program.

🔹Path to Citizenship: After living in Hungary for 8 years, you may apply for permanent residency and later, citizenship.

Costs:
Company Setup: Initial costs for setting up a Hungarian company include a minimum capital investment of €7,700, along with legal, notary, and administrative fees, which can total around €10,000.
Ongoing Costs: Running a business in Hungary involves corporate tax (9%), employee social taxes (13%), and a VAT rate of 27%, depending on the nature of the business.

Application Timeline:
The process of obtaining residency through business can take between 6 and 12 months, depending on the complexity of the business setup and the administrative workload. Our team provides full support throughout the process, from company registration to submission of residency applications.

Hungary's Digital Nomad Visa, officially known as the White Card, is designed for non-EU nationals who work remotely for companies based outside of Hungary. This visa allows digital professionals to live in Hungary while continuing to work for foreign employers or running their businesses online. Hungary offers an ideal environment for digital nomads, with affordable living costs, high-speed internet, and easy access to the rest of Europe.

Eligibility Requirements
1. Remote Work: The applicant must be employed by a foreign company or run a business registered outside of Hungary.
2. Minimum Income: Applicants must demonstrate a stable income of at least €3,000 per month.
3. Proof of Housing: Applicants must provide proof of rental or property ownership in Hungary for the duration of their stay.
4. Savings: A minimum of €10,000 in savings is required to demonstrate financial stability.

Key Benefits

🔹Live and Work Remotely: Enjoy living in Hungary without having to switch employers or relocate your business.

🔹Schengen Access: As a Digital Nomad Visa holder, you can travel to all Schengen countries without the need for additional visas.

🔹Low Living Costs: Hungary is one of the most affordable countries in Europe, with low rental prices and living expenses.

🔹Tax Flexibility: Digital nomads residing in Hungary for less than 183 days per year are exempt from local income taxes.

🔹Health and Safety: Hungary offers world-class healthcare services at a fraction of the cost in Western Europe, along with a high standard of living and low crime rates.

Costs:
Visa Application Fees: The application fee for the Digital Nomad Visa is approximately €110, with additional costs for document translation and notarization.
Living Expenses: The average cost of living in Hungary for a single digital nomad is around €1,500 per month, which includes rent, utilities, and daily expenses.
Health Insurance: It is mandatory to have health insurance with a minimum coverage of €30,000 for the duration of your stay in Hungary.

Application Timeline:
The process for obtaining a Digital Nomad Visa typically takes 2 to 4 months. Applicants need to apply in person at a Hungarian consulate or via the online platform Enter Hungary. Visa24.hu provides full legal and administrative support to ensure your application is complete and meets all requirements.