Residence Permit by Investment – Hungary

CURRENCY:
Hungarian Forint (HUF)
1 HUF = Rp. 41.08

MINIMUM INVESTMENT: (2 Options)

1. Property Investment Fund: Minimum €250,000

   • Investments in Real Estate Funds registered with the Central Bank of Hungary, where a minimum of 40% of assets must be residential property in Hungary.
   • Investments must be maintained for a minimum of 5 years.
   • Before Renewal in the 11th year, reinvestment is required if the previous investment has been sold.

2. Cash donation to a college or university in Hungary managed by a public charitable foundation: Minimum €1 million

   • Donations are made once and are non-refundable. Those who can register as DEPENDENTS / Dependents:
     • Official couple.
     • Children under 18 years of age
     • Parents: based on special considerations (case by case)

MINIMUM STAY PERIOD:

Zero / None.

RESIDENCE PERMIT VALIDITY PERIOD:

• 10 years & can be extended for another 10 years (maximum 20 years).
  → Suitable for individuals who wish to settle in Hungary permanently or become citizens.
• If you are not interested in staying for a long time in Hungary in the future, this type of Residence Permit is not suitable for you.

WORK & DO BUSINESS in Hungary :

Allowed.

STEPS FOR APPLICATION:

1. Prepare all documents, including investment documents and power of attorney (POA), before visiting Hungary.

2. Apply for GUEST INVESTOR VISA / Visa D at the Hungarian Embassy (valid for 6 months). Process: about 2 months.

3. Visit Hungary within 3 months of the visa being issued.
   Open a bank account.
   b. Apply for a Residence Permit in person or online.
   c. Take biometrics.
   1. This entire process can be completed in 2–3 business days.

4. Return to your home country and prepare for investment.

5. Within 93 days from the first day of entering Hungary, the investment must be completed and submitted to the Immigration office.

6. Waiting for Residence Permit Card: 21–60 days.

7. The Residence Permit Card will be sent by the attorney to the applicant's address via courier.

You are eligible to apply for Permanent Residency in Hungary: After living in Hungary for: 3 years, with minimum 183 days per year.

HUNGARY CITIZENSHIP APPLICATION :

After living in Hungary for 8 years, with minimum 183 days per year. 

To apply for PR or Citizenship, a Hungarian language test is required.

TAXATION:

FOR BUSINESS:

• Corporate Income Tax: 9% → lowest in Europe.
• Benefits of tax deductions available edfor:
  • Research & Development (R&D)
  • Energy saving investment
  • Filmq Production 1
  • Sports sponsorship
• VAT: 27%
  • Reduced VAT rates (18% and 5%) apply to:
    • Certain food products
    • Pharmaceutical products
    • Residential property

PERSONAL INCOME TAX: 15%

PROPERTY TAX: None

PROPERTY TRANSFER TAX:

• Paid once when purchasing a property:
  • 4% for properties ≤ 1 billion HUF (€2,393,000)
  • 2% for properties ≥ 1 billion HUF

INHERITANCE & GIFT TAX: 18%