Hungary offers a residency bond program, which is often referred to as the "Hungary Golden Visa." However, as of 2017, Hungary suspended its residency bond program, meaning that the previous route to obtaining a residency permit through investment is no longer available.

That said, there are still several ways to obtain residency in Hungary, though not through a formal "Golden Visa" program. Here are a few options you could consider:

1. Investment-Based Residency

While the direct residency bond program is no longer available, Hungary still offers residency for those who invest in the country through:

  • Business Investment: If you plan to start or invest in a Hungarian company, you may qualify for a residence permit based on economic activity.
  • Real Estate Investment: If you buy property in Hungary, you can apply for a long-term residence permit. This doesn’t provide automatic citizenship but does offer residency rights.

2. EU Blue Card

This is an option for skilled workers from non-EU countries. If you have a high level of education and a job offer in Hungary that meets a salary threshold, you can apply for an EU Blue Card.

3. Family Reunification

If you have close family members who are Hungarian citizens or residents, you can apply for residence under the family reunification rules.

4. Study Permits

Students who enroll in Hungarian educational institutions can apply for a student visa. After completing studies, you may be eligible to transition into work permits or other residency types.

5. Work Permits and Employment

If you have a job offer from a Hungarian employer, you can apply for a work permit. Upon arrival, you can apply for a residence permit based on employment.

Steps for Residency Applications:

  • Research eligibility: Determine which residency program you qualify for.
  • Prepare documentation: Gather all necessary documents, including proof of income, job offer, or investment funds.
  • Submit application: Apply for the relevant residency permit through the Hungarian consulate or embassy in your country or directly in Hungary.
  • Wait for approval: The processing time will vary depending on the type of application.

Citizenship After Residency:

Hungary allows individuals to apply for citizenship after eight years of continuous residence in the country, though this period can be shorter if you have family ties to Hungary.