Residence Permit in Hungary

Updated on Thursday 16th March 2017

Rate this article
5 5 1
based on 2 reviews


Budapest-an-important-entrepreneurial-hub-in-Europe.jpg

Becoming a resident in Hungary can be a good business or personal decision. The cost of living is relatively lower than in other European Union member countries and it is also easier to acquire a residence permit in Hungary. It is also a party to the Schengen Agreement which allows residence residents to travel to and from member states. You can also avail of either a temporary residence permit or one that is permanent. Our experts in company formation in Hungary can assist you in obtaining your residence permit.
 

EU and non-EU citizens in Hungary

 
The requirements for obtaining a residence permit in Hungary for citizens of the European Union are different from those that are not. For EU citizens, all they need is a registration card which they can obtain from the Immigration Office. The registration card will be valid for as long as the purpose for acquiring it is ongoing. For non-EU citizens, they will first need to acquire a visa at the Hungarian Consulate which they can use to enter the country. The visa is only valid for 30 days. During this time, you must apply for a Hungarian residence permit at the Immigration Office. The residence permit granted will only be valid for one year. We have experts in company registration in Hungary that can also guide you on which residence permit you need.
 

Company formation in Hungary

 
Hungary offers a great deal for businessmen who wish to invest in the country. By forming a company in the country with a minimum capital of 10,000 euros, you will be allowed to reside in Hungary along with your family. If you invest at least 300,000 euros in government bonds, you will be granted a permanent residence permit valid for five years. Just approach our experts on how to open a company in Hungary.
 

Eligibility for Hungarian residence permit

 
There are many grounds on how to become eligible for a Hungarian residence permit. For example, if you are a citizen of a member country of the European Economic Area and you have legally and continuously resided in Hungary for five years, you are eligible for a permanent residence permit. For citizens of non-member states of the European Economic Area, as long as you are not prejudicial to the public health and security, or national security, you may be granted a temporary residence permit.
 
Our experts in company formation in Hungary can also provide information on how to obtain a residence permit. Just get in contact with them.
 

Comments

There are no comments

Comments & Requests


Please note that client queries should NOT be posted here but sent through our Contact page.

Meet us in Budapest

Call us now at +44 203 287 0408 to set up an appointment with our lawyers in Budapest, Hungary. Alternatively you can incorporate your company without traveling to Hungary.

We offer:

- cost-efficiency: competitive company formation prices;

- prompt response to your inquiry (maxim 24 hours);

- free and complete legal information featured on our site, at your disposal.

Testimonials

Mihai-Cuc.jpg

The experts at CompanyIncorporationHungary.com helped my clients open a company in Hungary in the shortest amount of time possible. I would definitely recommend them to any businessman interested in establishing a company in this country.

Mihai Cuc, Partner of
Enescu & Cuc Law Firm
www.RomanianLawOffice.com

Read more testimonials

We Recommend ClientPedia

This website is marketed by ClientPedia

banner Clientpedia.jpg

We accept online payments

paypal-logo.png