Hungary is considering revolutionizing residency with its 2024 Golden Visa extravaganza, introducing the dazzling “Guest Investor Residence Permit.” A beacon in the European Union’s array of investment programs, this initiative offers a pathway to Hungarian residency through three enticing investment tiers:
- €250,000: Dive into Real Estate Investment Funds.
- €500,000: Secure your spot with Real Estate Acquisition.
- €1 million: Make an impact with Non-refundable Public Trust Donations.
The initiative comes six years after closing a previous golden visa program amid corruption allegations. Hungary terminated its previous golden visa program in 2017, which granted residency to €300,000 government bond buyers. The new initiative aims to attract foreign investment while addressing concerns about immigration and regulatory oversight.
What makes Hungary’s Golden Visa sparkle? Extended validity of 10 glorious years awaits successful applicants and their families, with no strings attached to minimum stay requirements.
Break free from the norm! While typical Golden Visas grant shorter residencies, Hungary’s innovation grants a decade-long stay. Savor the freedom of extended residency if your initial investment stands strong.
It’s not just a visa; it’s your European dream. The ten-year visa, a long-term residency marvel, echoes the privileges of EU citizenship. Move across EU borders for over three months, embracing work, study, or training with a residence permit.
Awaiting legislative nods this week, the proposed law signals a giant leap toward this transformative project. Stay in the loop—details like start dates and application fees are the missing puzzle pieces. Contact Mics Global; be the first to catch the ripples of this Golden Visa sensation!
