The Hungarian government has published the conditions of guest investor visa and residency in 2024. Some of them have undergone changes such as key options of the program, minimum investments, renting opportunities, etc.
In accordance with the document, there will be 3 variants for foreigners who seek to become residents of Hungary in 2024:
The duration of the guest investor residence permit constitutes 10 years, then to be extended for a maximum of 10 years.
Hungarian guest investor visa allows the rental of real estate. Moreover, under new conditions, the whole family of the applicant will get residence permit for a 10-year term.
It should be mentioned, that previously, an investor had to purchase real estate for €155,000. Then, the program was suspended from December 20, 2023.
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For investors seeking an alternate residency or citizenship, real estate has long been a favored investment pathway to qualify for these programs.
