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The Hungary Guest Investor Program (GIP) is an immigrant investor program created by the Government of Hungary to attract investments from outside the country. Under the program, foreign investors can obtain a Hungarian residence permit for 10 years by contributing at least €250,000.
Permanent residency itself is distinct from right of abode, which waives immigration control for such persons. Persons having permanent residency still require immigration control if they do not have right of abode. However, a right of abode automatically grants people permanent residency. This status also gives work permit in most cases. [1]
Residential investment can give a permit lasting 5 years and the company route, 3 years. these visas are renewable. 3 years of continuous residence allows a permanent residence permit to be applied for. Seven years residency and passing a language exam will open the opportunity to acquire citizenship and a Hungarian passport. [21]
A person holding a permanent residence permit along with a legal status of “EU long-term resident” of another EU Member State (hereinafter referred to as “a resident of another EU member state”) is entitled to file an application for a long-term residence permit if he/she intends to temporarily reside in the Czech Republic for more than 3 months.
However, nationals of the above countries are exempt from airport transit visas if they hold a visa or residence permit for an EU single market country, Canada, Japan, United States or the Caribbean part of the Kingdom of the Netherlands, a residence permit for Andorra, Monaco, San Marino or the United Kingdom, a diplomatic passport, are family ...
A Hungarian passport. Visa requirements for Hungarian citizens are administrative entry restrictions imposed on citizens of Hungary by the authorities of other states.. As of 5 November 2024, Hungarian citizens had visa-free or visa on arrival access to 187 countries and territories, ranking the Hungarian passport 7th in the world according to the Henley Passport Index.
Persons may apply to be naturalized as a Hungarian citizen after 8 years continuous residence in Hungary if they: have no criminal past at all, have a stable livelihood, are of good character, and; pass a test in basic constitutional studies. Persons may apply to be naturalized after 5 years residence in Hungary if they were: born in Hungary, or
obtaining a permanent residence permit after 27 months, and with certain knowledge of the language already after 21 months, the spouse of the blue card holder does not need to have knowledge of German when moving. Also, the spouse is allowed to carry out labor activities after moving.