Hungarian Government Approves First Fund Under Revived Guest Investor Program

Hungarian Government Approves First Fund Under Revived Guest Investor Program
Share this

The Hungarian government has approved the first real estate investment fund under the relaunched Guest Investor Program (GIP), a major milestone since the program’s introduction in July 2024. The approved fund, the SPRINT Hungary Real Estate Development and Investment Fund, is now authorized to accept investments from foreign nationals seeking Hungarian residency. This development provides a clear pathway for individuals looking to benefit from Hungary’s revitalized “golden visa” scheme.

Key Investment Options

The GIP offers three distinct pathways for obtaining Hungarian residency:

  1. Real Estate Fund Investment: A minimum investment of €250,000 in an approved real estate fund, such as the recently authorized SPRINT fund.
  2. Residential Property Purchase: Acquisition of residential property valued at €500,000 or more (available only until January 1, 2025).
  3. Higher Education Donation: A non-refundable €1 million donation to a higher education institution supporting scientific or artistic initiatives.

Residency Benefits

Investors who participate in the GIP gain significant privileges, including a ten-year residence permit that can be extended to their spouse and dependent children. This permit also grants visa-free travel within the Schengen Area for up to 90 days within any 180-day period, making it an attractive option for those seeking enhanced mobility across Europe.

Rigorous Fund Approval Process

To ensure the integrity of the program, all investment funds undergo stringent vetting by the Constitution Protection Office and must meet specific financial and operational criteria:

  • Alternative investment fund managers must oversee assets worth at least €100 million (€500 million for funds without leverage) and commit to a minimum five-year investment period.
  • Non-alternative fund managers qualify if their real estate fund portfolios exceed €600 million in value.

The government has signaled its commitment to maintaining high standards, making Hungary an appealing destination for discerning global investors.

Future Prospects

With four additional investment funds currently undergoing licensing reviews, further approvals are expected in early 2025. These new funds will expand the options available to foreign nationals and boost Hungary’s efforts to attract global investments.

A Gateway to Opportunity

The approval of the first GIP fund marks a significant step in Hungary’s efforts to attract foreign capital and foster economic growth. For prospective investors, the program offers a unique opportunity to secure long-term residency while contributing to the country’s development. Aspiring participants are encouraged to consult with authorized immigration consultants to navigate the process effectively.

This revitalized program reaffirms Hungary’s position as a top destination for investment and global mobility.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

A Comprehensive Guide for Second Citizenship Programs of 2025

The year 2024 marked a pivotal shift in the global landscape of second citizenship, with a surge in individuals seeking pathways to enhanced global mobility, financial security, and diversification. As nations worldwide adapt to meet the growing demand, the concept of...

Spain Officially Terminates Spanish Golden Visa Program

The publication of Organic Act 1/2025 in Spain's Official State Gazette has formally announced the termination of the golden visa program, effective April 3, 2025. Key Highlights: Amendments to the Entrepreneur’s Act The legislation modifies Articles 63 through 67 of...

Greece Golden Visa: 2025 Processing Updates and Investment Options

Greece has expedited its Greece Golden Visa process, cutting approval times from 20 months down to only 3 months. This enhancement comes after opening a new office in Athens and reallocating applications among regional authorities for quicker and more efficient...

Vital Certificates in Dominica: Police, Birth, Marriage

In Dominica, securing vital documents like the Police Certificate, Birth Certificate, and Marriage Certificate is essential for various legal and personal purposes. These government certificates are indispensable records that verify an individual's identity, legal...

Grenada Certificates: Police, Birth & Marriage

Acquiring legal documents in Grenada is an essential process for establishing one's identity and ensuring seamless participation in various legal and administrative activities. As in many countries, Grenada relies on a structured system of personal identification...

Significant Transformations in Malta’s Permanent Residency Program

Citizenship Network is pleased to provide a detailed overview of the significant changes forthcoming to Malta's Permanent Residency Program (MPRP). In case you missed our earlier announcements regarding alterations in investment thresholds and the restructuring of...

Saint Kitts: Police, Birth & Marriage Certificates

When it comes to managing essential legal documents in Saint Kitts, understanding the processes for securing a Police Certificate, Birth Certificate, and Marriage Certificate is crucial. These documents play a fundamental role in verifying one's identity and legal...

Partner with Citizenship Network: Join Our Cause

At Citizenship Network, our mission is to provide unwavering support to immigrants seeking a new life in the United States. By partnering with us, you are aligning with a diverse network dedicated to immigration collaboration. We invite local businesses, non-profits,...

Portugal Golden Visa Program: Your Pathway to Europe

Unlock Portuguese residency and broad European access with the Golden Visa Program of Portugal – your key to investment and lifestyle benefits.

Paraguay’s Residency Program: Your Gateway

Explore the Residency Program of Paraguay and unlock the benefits of living, retirement, and investment opportunities in a vibrant expat community.