Hungarian Citizenship by Investment

Hungary does not have a formal Citizenship by Investment program. This means that the Hungarian government does not offer a direct pathway to obtain Hungarian citizenship solely through financial investment, such as through a specified investment amount or real estate purchase.

But there is a way to obtain Hungarian citizenship through investment, obtaining a residence permit based on investment, and subsequently going through naturalization.

Residency Bond Program in Hungary

Hungary offers a Residency by Investment program that allows individuals to obtain residency in Hungary through specific investment options. The program is officially known as the “Residency Bond Program.” Here are the key details:

  • Investment options: The Residency Bond Program requires applicants to make a qualifying investment in government bonds issued by the Hungarian government. The minimum investment amount is typically €300,000
  • Government bonds: The investment is made by purchasing special Hungarian government bonds, which have a maturity period of five years. The bonds do not bear interest, and the investment amount is returned to the investor after the maturity period
  • Eligibility requirements: Applicants must be at least 18 years old and have a clean criminal record. They should also have valid travel documents and provide proof of sufficient financial resources to support themselves during their stay in Hungary
  • Application process: The application process involves submitting the necessary documents, including the bond subscription agreement and proof of the investment, to the Hungarian authorities. Background checks and due diligence procedures are also conducted
  • Residency permit: Upon approval, applicants are granted a residency permit in Hungary, which allows them to live, work, study, and engage in business activities in the country. The initial residency permit is typically valid for two years and can be renewed thereafter
  • Residence requirements: While the Residency Bond Program grants residency in Hungary, it does not automatically lead to Hungarian citizenship. However, after residing in Hungary for a specified period (usually eight years), individuals may be eligible to apply for Hungarian citizenship through the standard naturalization process

What is the process for the Residency Bond Program?

The general process for the Residency Bond Program in Hungary involves the following steps:

  1. Engage a licensed intermediary: To participate in the Residency Bond Program, you will typically need to engage the services of a licensed intermediary who specializes in the program. The intermediary will guide you through the application process and assist with the necessary paperwork.
  2. Prepare required documents: Gather the necessary documents for your residency bond application. These documents may include your passport, birth certificate, marriage certificate (if applicable), proof of address, bank statements, and other supporting financial documentation.
  3. Make the investment: Transfer the required investment amount (€300,000 or as specified) to a designated bank account in Hungary. The funds will be used to purchase the government bonds required for the program.
  4. Submit the application: Prepare and submit the Residency Bond Program application in cooperation with your intermediary. The required paperwork, evidence of the investment, and supporting documentation will all be included in the application.
  5. Background checks and due diligence: To determine the applicant’s eligibility, the Hungarian authorities will carry out background checks and due diligence procedures. To ensure compliance with the program’s rules, this may entail confirming the source of funding, looking over criminal histories, and performing additional checks.
  6. Application approval and residency permit issuance: If your application is accepted, a resident permit for Hungary will be given to you. The first permit is normally only good for two years, but it can be renewed after that if the conditions are met.
  7. Keep up with residency requirements: If you have a resident permit, you must keep up with the guidelines established by the Hungarian government. Observing Hungary’s rules and regulations may be part of this, as well as spending a specific amount of time there each year

It’s important to note that the Residency Bond Program is not currently in effect. If the program were to be reintroduced in the future, the specific details, eligibility criteria, and may differ. Therefore, it’s crucial to consult official sources, such as the Hungarian government or relevant immigration authorities, for the most accurate and up-to-date information on any potential Residency Bond Program in Hungary.


What does Hungary's residency bond program entail?

A person can become a resident of Hungary under the Residency Bond Program by making a certain investment in government bonds.

What advantages do residents of the Residency Bond Program receive?

In general, obtaining residency through the Residency Bond Program entitles applicants to live, work, study, and transact business in Hungary. It might give residents access to particular social benefits and services.

How much is the required investment under the Residency Bond Program?

The required investment under the Residency Bond Program is currently €300,000. This investment is made by purchasing government bonds, which are held for a specified period of time.

How long does it take to obtain Hungarian citizenship through the Residency Bond Program?

The Residency Bond Program provides a fast-track route to Hungarian citizenship. After holding the residency permit for a certain period of time, typically eight years, applicants can apply for Hungarian citizenship through naturalization.

Is the investment under the Residency Bond Program refundable?

No, the investment made under the Residency Bond Program is not refundable. The funds are used to purchase government bonds and contribute to the development of the Hungarian economy.

Can I sell the government bonds after obtaining Hungarian citizenship?

Once you have obtained Hungarian citizenship, you have the freedom to sell the government bonds purchased under the Residency Bond Program. However, it is advisable to consult with an immigration or legal professional for guidance regarding any specific requirements or restrictions.


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