News Article

The Hungarian Parliament successfully passed a new immigration law today, marking the introduction of a groundbreaking golden visa program for investors. While some adjustments have been made to the initial bill, primarily impacting filing deadlines, the core aspects of the “guest investor” program remain exceptionally favorable.

In a significant development as of today, December 8, news has emerged that Hungary’s upcoming golden visa program, also referred to as the “guest investor program,” will officially kick off in January 2024. It is strongly recommended to initiate preparations for the application process without delay. Read on for comprehensive details or reach out to us to stay ahead of the curve!

According to the results of the last census, the number of foreign nationals living in Budapest as well as Hungary has been growing steadily over the last 20 years. In some of the more popular districts, almost a quarter of the residents are foreigners. Hungarian residency remains simple and transparent compared to EU standards.