- 24 Nov 2023 8:06 AM
- Hungary Around the Clock
In 2022, Russians mostly bought homes in Turkey and the United Arab Emirates.
According to the survey, 61% of buyers invest in real estate with the goal of obtaining a residence permit or citizenship.
Hungary is a popular destination for investment due to its relative affordability, the rapid rise of house prices, and also due to the residence permit programme, in which the government offers investors a five-year residency permit without the requirement of permanent residency.