The Hungarian residence permit may be issued to non-EEA nationals for the pursuit of gainful activity. Non-EEA nationals intending to reside in Hungary and work self-employed or establish a business, cooperative or some other legal entity, or as a member of the executive, representative or supervisory board of such entity, are eligible for a Hungarian residence permit.
The immigration policy of Hungary includes a deal with non-EU countries, like the United States, Canada, and others that allow foreign nationals to enter and stay in Hungary for 90 days within a 180-day period without needing any visa.
The Residence permit has a validity of 3 years, renewable for 3 more years, provided that the resident still conducts an economic activity. Family members can be included (Spouse, child, parent).
Once a Residence permit is obtained, you may apply for an EU Blue card, which will entitle you to travel visa-free across the European Union.
After 5 years of continuous residence in Hungary, you may apply for an EC Permanent Residence card, with a validity of 5 years, renewable. After 8 years of residence (temporary or permanent), you may be eligible to apply for Hungarian citizenship. You will be required to pass an examination in basic constitutional studies in the Hungarian language.
– Setting Up a Company (Hungarian Company Formation)
Privacy World offers its services to anyone, not only looking to obtain residency and/or citizenship processes but our experts figure out legal ways to:
Privacy World can also help you with incorporating your company in Hungary, assisting in getting you settled in the country and coordinating with you so that this experience will be less of a hassle.
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Yes. Dual citizenship recognizes in Hungary. You are not required to renounce your previous nationality to become a citizen of Hungary.
Yes. dependents can be included.
After 5 years of residency, you can apply for permanent residency in the country.
It takes 8 years of legal residency before you can apply for citizenship in the country.
There is no nationality officially restricted.
No, there are no language requirements. Only, to be eligible to apply for Hungarian citizenship. You will be required to pass an examination in basic constitutional studies in the Hungarian language.
Hungarian residence permit has a validity of 3 years, renewable.
No. There is no residency obligation to live in Hungary. However, they are free to enter and exit any Schengen country.
Tax residents are subject to income tax on their worldwide income.
Non-residents are only taxed on their income arising from Hungarian sources.