GUEST INVESTOR VISA
The first step to obtain a guest investor status is the guest investor visa, which entitles the guest investor to multiple entries, to stay for more than 90 days within 180 days and, most importantly, to apply for a guest investor residence permit. The application for a guest investor residence permit is the second stage of the guest investor status, as this can only be done after the investment has been implemented by the guest investor.
Please find below instructions on how to apply for a guest investor visa at the Consulate:
The first step is to fill out the application form correctly, and be signed by the applicant.
You can fix an appointment via e-mail: randevu.ist@mfa.gov.hu
Place of the application: Consulate General of Hungary in Istanbul
- Which third-country nationals are eligible to be granted a visa for guest investors?
A visa for guest investors may be granted to a third-country national whose entry and stay in Hungary is in national economic interest due to his/her investments realised in Hungary.
Realisation of the following investments shall be considered as national economic interest:
a) acquisition of an investment fund share of at least EUR 250 000 issued by a real estate fund registered by the Hungarian National Bank,
b) provision of a financial donation in an amount of at least EUR 1 000 000 and for a purpose of educational, scientific research or artistic creation activities, to a higher education institution maintained by a public trust with a public-service mission
Definition of third-country nationals:
- Non-Hungarian nationals who are not persons with the right of free movement and residence, i. e. who are not European Economic Area (EEA) or family members of an EEA national, and
- stateless persons
qualify as third-country nationals.
- Where can applicants submit their applications?
You may submit an application for a visa for guest investors before a consular officer of Hungary in the country of your permanent or habitual place of residence, or your nationality.
You may submit an application before a consular officer of Hungary in a country where you are staying legally as well if
- there are not any consular officers of Hungary deployed in the country of your permanent or habitual place of residence, or the country of your nationality, and
- you provide documentary proof of the reasons of your application submission in a third country other than the country of your permanent or habitual place of residence.
- Administrative service fee for the procedure
For information on administrative service fees for procedures, please click here.
- What are the mandatory attachments/enclosures of an application?
For submission, applicants are required to complete the application form correctly in full and to submit the completed document with their signature. The form is available by clicking here. Word format here.
For the approval of your application for a visa, you are required to meet conditions for entry and residence, during the procedures mandatory attachments/enclosures may serve as proof of meeting the set conditions.
Please attach/enclose the following to/with the application for a visa for guest investors in proof of the purpose of entry and stay:
- a certificate from the real estate fund manager registered by the Hungarian National Bank or from the distributor of the investment fund share on the purchase of the investment fund share of at least EUR 250 000 issued under the name of the third-country national, or
- a certificate from the higher education institution maintained by a public trust with a public-service mission certifying that the higher education institution has received a financial donation from you of at least EUR 1 000 000 to support educational, scientific research or artistic creation activities. The list of higher education institutions maintained by public trusts with a public-service mission is available here.
In case you are not the holder of the investment yet, the following must be attached to/enclosed with to the application:
- a declaration indicating which of the abovementioned investments you are planning to realise within the validity period of the visa following the date of issuance of the visa for guest investors (for downloading a sample form of declaration, please click here), and
- a certifying document in proof of having sufficient financial means to cover for the investment issued by a foreign or Hungarian credit institution, which amount required for the investment is at your disposal permanently.
The legal origin/acquirement of the amount of money available to the applicant must be credibly substantiated, in particular by
- a public document or a private document providing full probative force evidencing the origin of the property, right of property value, or property value; or
- a document in proof of a taxable regular income from a regular employment relationship or business activity.
In the procedure for a visa the following must be attached/enclosed:
- a document in proof of the address of the applicant’s actual place of accommodation in Hungary
- a valid travel document,
- 1 facial photograph.
Please note that during the procedure the aliens policing authority assesses circumstances, which objectively exclude fulfilment of the undertaken investment. During the procedures the aliens policing authority assesses circumstances excluding investments based on restrictive measures taken by the United Nations or the European Union. Further information on restrictive measures accepted by the United Nations Security Council and the Council of the European Union is available via the following link:
https://kormany.hu/kulgazdasagi-es-kulugyminiszterium/ensz-eu-szankcios-tajekoztato
Information about residence permit for guest investors (in English):
https://isztambul.mfa.gov.hu/eng/page/guest-investor-visa
FAQ about residence permit for guest investors (in Hungarian):
https://oif.gov.hu/vendebefektet%C3%B6i%20vizum
General FAQ (in English):
https://oif.gov.hu/index.php/factsheets/frequently-asked-questions-faq