However, the other two investment pathways remain available. Applicants can still qualify by either investing EUR 250,000 in a designated investment fund for at least five years or making a EUR 1 million non-refundable donation to a Hungarian higher education institution, aimed at supporting scientific research or artistic projects.

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The program, which grants work and residence rights for 10 years along with access to the Schengen Area, was relaunched in March 2024. Despite the change in real estate investment eligibility, Hungary continues to offer these opportunities to boost foreign investment in the country.

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Should you have any queries regarding the above information or if you require assistance with your corporate, employment or immigration matter, please get in touch with a legal professional at Hudson McKenzie via email at londoninfo@hudsonmckenzie.com or by telephone +44(0) 20 3318 5794.

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The information provided does not amount to legal advice.