Looking to secure long-term residency in the EU? The Hungary Golden Visa offers Russian citizens a straightforward way to live, work, and travel freely across Europe. Applicants can obtain a 10-year renewable residency permit, including their family, and enjoy visa-free access to the Schengen Area by making an investment.
There is no minimum stay requirement, and Russian citizens can enjoy access to quality healthcare, education, and business opportunities. The Hungary Golden Visa for Russian citizens provides a flexible and affordable path to European residency and eventually, Hungarian citizenship.
In this guide, you will learn about:
- What the Hungary Golden Visa is
- Eligibility for the program
- Benefits of the Hungary Golden Visa
- Requirements for Russian citizens
- Application Process for the Hungary Golden Visa for Russian Citizens
The Hungary Golden Visa, officially known as the Guest Investor Residence Permit, grants 10-year renewable residency to non-EU nationals who invest in Hungary. It allows visa-free travel throughout the Schengen Area and offers a pathway to permanent residency and, eventually, Hungarian citizenship.
Russian citizens can apply for the Hungarian Golden Visa program if they meet one of the investment requirements:
- Real Estate Fund Investment: Minimum investment of €250,000 in a qualified Hungarian real estate investment fund for at least 5 years.
- Donation: A €1 million donation to a designated public-interest foundation supporting Hungarian education, culture, or scientific research.
What are the benefits of the Hungary Golden Visa for Russian citizens?
- Long-Term EU residency: The Hungary Golden Visa offers a 10-year renewable residence permit with the option to include family members.
- Schengen travel freedom: Russians with a Hungary Golden Visa have visa-free access to 27 Schengen countries.
- No minimum stay requirement: Russian citizens can keep their Hungarian residency without needing to live in Hungary year-round.
- Path to citizenship: Russian nationals are eligible for permanent residency after 3 years and citizenship after 8 years (subject to conditions).
- Family inclusion: The spouse and dependent children of Russian applicants can be included under one application.
- European lifestyle: Russian applicants have access to high-quality education, healthcare, and business opportunities within the EU.
Russian citizens applying for the Hungary Golden Visa should:
- Be over 18 years old
- Hold a valid Russian passport
- Have a clean criminal record
- Show proof of financial means and health insurance
Working with a trusted migration company is highly recommended to ensure you meet all the application requirements. Luckily, Global Citizen Solutions is on hand, offering consultations in Russian and guidance throughout the application process.
The cost of the Hungary Golden Visa is €250,000 in a real estate investment fund or a €1 million donation. There are additional costs, including application, service, administration, and government fees.
The processing time for the Hungary Golden Visa is around 90 days for Russian citizens. However, it is dependent on how complete the application is and meeting the requirements.
Global Citizen Solutions is a boutique migration consultancy firm that helps individuals find the right residency or citizenship by investment program to achieve their goals of becoming global citizens.
With offices worldwide and an experienced, multilingual team, we have supported hundreds of clients in securing citizenship, residence visas, and property investments, while helping them diversify their portfolios.
For Russian nationals, we offer dedicated support through our Russian-speaking consultants, ensuring clear communication and guidance every step of the way. We understand the unique challenges Russian citizens face in today’s landscape, and our team provides personalized guidance in line with international compliance practices, prioritizing programs with dual citizenship opportunities and simplified banking requirements.
At Global Citizen Solutions, we go beyond application assistance, offering comprehensive, localized support to help you achieve your long-term residency, citizenship, and investment goals with confidence.