Hungary Golden Visa News – €500K Real Estate Investment Ended
Just before official launch of real estate investment, Hungary government ended real estate investment as an investment option for Golden Visa. This news is published in the official Hungarian Gazette no 132 published on 20 December 2024. Now the available investment options include real estate funds and donation to public education and cultural initiatives.
Hungary Golden Visa News – Why Hungary Eliminates Real Estate Investment?
There are many Hungary golden visa news about the program circulating in investment migration market. Being an affordable residency by investment option, Hungary Golden Visa is the most anticipated option that starts with €250,000 investment in real estate funds. Another real estate option was property purchase in Hungary with a worth of €500,000 or more that was about to start by January 1st, 2025. As per imidaily, the Hungarian government has ended the real estate purchase option.
Real Estate Property Price Rise – A Possible Cause
Keeping in view the real estate property price rise in other countries offering Golden Visa by real state investment, Hungary real estate market also tend to inflate. The decision is made to stabiles the real estate market in Hungary. The real estate fund option is all about regulation that will ensure directed inflow of FDI in Hungarian real estate sector.
Hungary Real Estate Fund for Golden Visa
To date, there is only 1 approved real estate fund that qualifies for Hungary Golden Visa. To date, SPRINT is the only approved real estate fund that qualifies for Hungary Golden Visa or Guest Investor Visa.