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Cyprus permanent residence compared with the Hungary Guest Investor Programme

Both let people from outside the European Union gain residency in a member state. Cyprus grants permanent residence around a property or fund investment. Hungary grants a long renewable permit around a fund placement or a donation.

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Reference
Official authorityCivil Registry and Migration Department
ProgrammeCyprus Permanent Residence
Information current as ofJune 2026
Official source →

Information, not advice. Figures are indicative and current as of June 2026. Always confirm the present rules with the official program authority and a licensed professional before you act.

Written by Fredrik Filipsson and reviewed by Morten Andersen of the Passports for Kings editorial team. Last reviewed 21 May 2026.

At a glance

Cyprus grants permanent residence, decided by the Civil Registry and Migration Department, around a qualifying investment plus an income test. Hungary grants a long renewable residence permit, run by the National Directorate General for Aliens Policing, around a placement into an approved real estate fund or a public donation. One is a settled permanent status, the other a long term permit you keep renewing. The table sets out the differences.

Cost

Research indicates Cyprus asks for a qualifying investment of at least 300,000 euros plus value added tax, in new residential property or in commercial property, company shares or a Cyprus investment fund, together with proof of annual income that research puts at 50,000 euros or more. Hungary asks for at least 250,000 euros into approved certificates of a registered real estate fund, held for at least five years, or a public trust donation of 1,000,000 euros. Government and professional fees sit on top in both cases. Confirm the current figures with each official authority.

Timeline

Research indicates Cyprus processing varies with the route and the file, while Hungary is often quoted at around four to six months. The Cyprus outcome is permanent residence. The Hungarian permit is reported to run for ten years and to be renewable for a further ten. Neither sets a strict minimum number of days you must spend in the country. Confirm current processing times with each authority.

Passport reach

Both are residency, not citizenship. They allow you to live in the issuing country and to travel within the Schengen area on the usual short stay terms. Any later citizenship follows each country separate naturalisation rules and takes years. Verify current travel rights with the official authority rather than marketing material.

Who each suits

Cyprus suits someone who wants a settled permanent status and can show a steady income from abroad. Hungary suits someone who prefers a fund placement or a donation and values a long permit with light stay rules. Budget, the income test and whether you want permanent status or a renewable permit usually decide it.

ItemCyprus Permanent ResidenceHungary Guest Investor Programme
OutcomePermanent residenceResidency, ten year renewable permit
Indicative entryQualifying investment from 300,000 euros plus value added taxFrom 250,000 euros into an approved fund, or 1,000,000 euros donation
Income testAnnual income from about 50,000 euros from abroadNone set by statute
Minimum stayLight, confirm with authorityNone set by statute
Official authorityCivil Registry and Migration DepartmentNational Directorate General for Aliens Policing

Figures are indicative and current as of June 2026. Civil Registry and Migration Department publishes the binding detail. Verify before you act.

Common questions

Which gives permanent status?

Cyprus grants permanent residence. The Hungarian route grants a long permit that is renewable rather than permanent from the outset. Confirm the current terms with each authority.

Do either grant a passport?

No. Both are residency routes. Citizenship is possible only after years of lawful residence under each country rules. Confirm with each authority.

Can my family be included?

Both routes generally allow a spouse and dependent children, subject to conditions and added cost. Confirm the current rules with each official authority.

Information, not advice. Figures are indicative and current as of June 2026. Always confirm the present rules with the official program authority and a licensed professional before you act.

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Information, not advice. Figures are indicative and current as of June 2026. Always confirm the present rules with the official program authority and a licensed professional before you act.

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