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Europe · Residency to citizenship

Hungary Guest Investor Programme compared with Turkey Citizenship by Investment

These two routes lead to different outcomes. Hungary grants a long residence permit. Turkey grants citizenship. Both were open at the as of date below. Here is how they compare.

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Reference
Official authorityNational Directorate General for Aliens Policing of Hungary
ProgrammeHungary Guest Investor Programme
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 Morten Andersen and reviewed by Fredrik Filipsson of the Passports for Kings editorial team. Last reviewed 10 May 2026.

At a glance

Hungary's Guest Investor Programme grants a long residence permit to applicants who invest into an approved real estate fund whose units carry a fixed maturity. It is administered through the National Directorate General for Aliens Policing. Turkey's citizenship by investment grants a passport, most commonly through a qualifying real estate purchase that the buyer holds for a set period.

The headline difference is the outcome. Hungary gives residence in an EU member state. Turkey gives citizenship of a country that is not in the EU.

Cost

Hungary's main route is an investment into a real estate fund approved by the Hungarian National Bank, with the fund units carrying a defined maturity. Confirm the current figure and the list of approved funds with the official authority.

Turkey's main route is a qualifying real estate purchase, with alternative routes through other approved assets at a higher level. A licensed valuation confirms the value, and the property must be held for the required period. Confirm each current figure with the official authority.

Timeline

Hungary issues a long residence permit, with the investment to be completed within a short window after first entry on the guest investor visa. Turkey's citizenship route commonly completes within roughly ten to twelve months from a qualifying investment, with the applicant present for biometric steps.

Passport reach

Hungary's programme is residence, not a passport, though it sits inside the EU and can build toward naturalisation over years under separate rules. Turkey grants a passport directly, which is the main draw for applicants who want citizenship without a long residence period.

Who each suits

Hungary suits an applicant who wants a long, stable residence base inside the EU through a fund investment. Turkey suits an applicant whose goal is a second passport through a property purchase, accepting that Turkey is outside the EU.

ItemHungary Guest Investor ProgrammeTurkey Citizenship by Investment
OutcomeLong residence permit in an EU stateCitizenship
Official authorityNational Directorate General for Aliens PolicingRepublic of Turkey authorities, including the Directorate General of Land Registry and Cadastre
Indicative minimumInvestment into an approved real estate fund with units of defined maturity. Confirm the current figure with the official authorityQualifying real estate purchase, or other approved assets at a higher level. Confirm the current figure with the official authority
Typical timelineLong residence permit, investment completed shortly after first entryAbout ten to twelve months
StatusOpenOpen

Figures are indicative and current as of June 2026. National Directorate General for Aliens Policing of Hungary publishes the binding detail. Verify before you act.

Common questions

Does the Hungary Guest Investor Programme give a passport?

No. It grants a long residence permit. A Hungarian passport runs through a separate and longer naturalisation path. Confirm the current rules with the official authority.

What is Turkey's main investment route?

The most used route is a qualifying real estate purchase held for the required period, confirmed by a licensed valuation. Other approved assets qualify at a higher level. Confirm each current figure with the official authority.

Is Turkey in the EU?

No. Turkey is not an EU member, so a Turkish passport does not carry EU rights. Hungary is an EU member, but its programme grants residence rather than a passport.

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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