Real estate fund, min. €500,000

Applicants must invest at least €500,000 to acquire full ownership of residential real estate in Hungary

• Only residential properties are eligible.
  The selected property must have an undisputed and unencumbered title.
• After the acquisition of the property, a prohibition of sale or encumbrance must be registered for the property for a period of five years from the conclusion of the purchase contract.
• The third-country national applying for the residence permit must be the sole owner of the residential property for five years. Joint ownership with family members is permitted.
• A permit from the competent government authority is required to own real estate.
• A transfer tax of 4% is levied on the purchase.
  Investors can use the property, for example by renting it out. Hungarian income tax on rental income is limited to 15%.