UGLOBAL . COM 61
investment arrangements request applicants to invest in a way that benefits both parties .
An applicant who wishes to show their national economic interest can choose one among the two options :
1 . Acquiring an investment certificate issued by a real estate fund , registered within the National Bank of Hungary , with a minimum value of 250,000 euros .
2 . Donating to a higher education institute operated by a public charity foundation in Hungary , with a minimum value of 1,000,000 euros .
Currently , a GIV validity period is only 6 months . Upon the Guest Investor Visa issuance date , the applicant has 3 months to complete the investment they committed to while applying .
“ While the program is legally in force , some circumstances make it difficult for investors to proceed .
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THE REAL ESTATE FUND INVESTMENT PATH
For this option , the applicant must hold an investment certificate issued by a qualified fund manager for at least 5 years . The fund manager will be a professional with a financial license registered and enlisted by the Constitution Protection Office of Hungary . Investors must keep in mind that for a valid national economic interest , at least 40 % of the value of the real estate fund must be invested in real estate projects in Hungary .
However , there is a unique situation regarding the real estate fund investment path right now . An eligible fund manager responsible for a fund for the Hungarian GIV must be qualified and enlisted by the Constitution Protection Office in Hungary . This also requires them to undergo a background check .
Currently , there are two fund managers operating under this program . However , they indicated that additional real estate funds will be approved and qualified in the future . This should provide applicants with more options , allowing them to select the best fit for their needs .
Despite the waiting period , the real estate fund option appears to be the most appealing investment choice . This approach is relatively straightforward , as a qualified fund manager will handle the investment on behalf of the investor . The professional fund manager manages property selection and utilization — such as selling , renting , and operational management — providing a sense of security for the investor .