Hungary Residence Permit

As a European Union member state, Hungary attracts foreigners with its economic opportunities, quality of life, and favourable geographical location in the centre of Europe. These advantages can be enjoyed by foreigners with a residence permit in Hungary, which provides them with legal residence in the country and the opportunity to work or conduct business there.

Main types of residence permits in Hungary

Residence permit for work: It is issued for foreigners with an offer from an employer in Hungary. An application has to be done presenting an employment contract, supporting documents included, which may also involve a work permit when required.

Study residence permit: This is intended for students who enroll in accredited host institutions. The applicant needs to provide a letter of enrolment, proof of financial solvency, and health insurance.

Residence permit for entrepreneurs and self-employed persons: This permit is granted to foreign applicants who wish to carry out business activities in Hungary. The applicant needs to submit a business proposal and proof of ensuring financial sustainability with documentation proving the legal source of funds.

Residence Permit for Family Unification: This permit type shall be issued to family members of a foreigner who already has a legal residence in Hungary. It is required that applicants prove the existence of family relations and also provide evidence to the effect that applicants ensure subsistence and housing.

Procedure for obtaining a residence permit

Gathering documents: Depending on the type of residence permit, it is necessary to collect the proper package of documents. It will be welcome if the documents have been complete and correctly executed, including translations into Hungarian and their notarisation, if required.

Application: The residence permit application is submitted to the local immigration office or through the Hungarian Consulate at the place of residence. It has to be underlined that in many cases, an appointment has to be made in advance of submitting the application.

Application processing: The time taken for processing varies on the type of permit and workload at the migration services, but it usually takes from 1 to 3 months. In this period, the applicant can be called for an interview or additional documents can be requested from him/her.

Receipt of the decision: After reviewing the application, the Migration Service is to issue a decision about granting the residence permit. In case of a positive decision, the applicant receives a document confirming his/her right to reside in Hungary for a certain period of time.

Rewarding of residence permit: A residence permit in Hungary can be rewarded upon the expiry of its initial period of validity. In order to reward, the application for an extension shall be submitted no later than 30 days prior to the date of expiration of the current permit.

Advantages of a residence permit in Hungary

• Freedom of movement: With a Hungarian residence permit, one can travel freely in the Schengen area.
• Work and business opportunities: A residence permit entitles the holder to work or start a business in Hungary.
• Path to citizenship: The path for Hungarian citizenship may be opened after a very long period of time, residing continuously in Hungary with a residence permit.

Having a residence permit in Hungary comes with a lot of major advantages that provide an enormous increase in the quality of living and mobility. The benefits include:

Freedom of movement within the Schengen area: The Hungarian residence permit provides visa-free entry into the area of 26 countries and, therefore, is very handy in cases of business, tourism, and private journeys within Europe.

Access to healthcare: The holder of a residence permit is entitled to the access of Hungarian public health insurance, and, consequently, to free or subsidised healthcare. This creates certainty and peace of mind in case of illness.

Low tax burden: Hungary is known for its relatively low tax rate for companies, which makes the country attractive for entrepreneurs and investors.

Strategic location: Due to its central European location, Hungary offers excellent transport links to other European countries, which makes travelling and business interactions easier.

Educational opportunities: Hungary offers access to high-quality education with many programmes in English and scholarships for international students, making it attractive to young people and professionals seeking to improve their academic and professional prospects.

Safety and quality of life: Hungary boasts high public safety and a quality of life, offering comfortable and relatively affordable European life.

Registration of foreign nationals in Hungary

For EU citizens: EU citizens and their family members who intend to stay in Hungary for more than 90 days have the obligation to register and obtain a registration certificate. This system is only proof of residence and sources of income and not a residence permit.

In the case of third-country nationals, it is required for non-EU nationals to obtain a residence permit if the duration of their stay in Hungary exceeds 90 days. Application and relevant documents proving the purpose of stay must be submitted in support, such as work, study, family reunification, or other.

Each category has a different documentation requirement and application process, to be considered in order not to violate Hungarian migration laws and regulations. Obtaining a residence permit in Hungary opens wide opportunities for professional and personal self-fulfillment in Europe. However, to obtain such a document, one has to thoroughly prepare for it and strictly follow all the nuances of the procedure. Self-evidently, the process will be much easier and the possibility to obtain a residence permit can be ensured by consulting lawyers like Regulated United Europe.

Types of Hungary temporary residence permits

Besides being within the European Union, Hungary itself offers too many opportunities for foreign citizens in the sphere of work, studies, and business. In order for foreign citizens to be able to stay in the country legally for a longer period of time, a temporary residence permit is required. Depending on the purpose of stay and the particularities of the situation, foreign nationals have the possibility to obtain more types of temporary residence in Hungary.

On the whole, Hungarian temporary residence permits provide a good opportunity for foreign residents to work, study, and conduct business in Hungary. Which type of residence permit is better depends on the purpose of stay and individual circumstances. Careful preparation of documents and observance of all requirements of migration legislation are key factors in the successful execution of a temporary residence permit in Hungary. These will ensure your success in an application, and it is highly advisable that you seek the services of legal experts that will guide you through all the steps of the application process.

Residence permit in Hungary for the purpose of employment for third-country nationals

Who can obtain a residence permit for the purpose of employment?

Third-country nationals, who do not have the right to free movement and residence within the EEA may apply for residence permit for the purpose of employment in Hungary if:

• They intend to, for remuneration, work under the direction of or for another person, based on an employment relationship.
• Their employment in Hungary is, based on an employment relationship with a foreign employer, intended to be carried out for fulfilling a contract with a Hungarian employer.

The ministry responsible for employment may, by way of specifying the professions and categories of third-country nationals, provide for exceptions.

Where to apply?

Abroad:

The application needs to be submitted at the Hungarian consulate of the country of your citizenship or permanent residence.

If there is no Hungarian consulate in the country, it is possible – subject to proof of special circumstances – to submit the application in a country where you have legal status.

Hungary:

You can submit an application in Hungary if you are lawfully present in the country and you do not hold a valid residence permit.

The residence permit for the purpose of employment will be applied for 40 days before the expiration date of the permit in possession.

Fee and required documents

• Procedural fees and mandatory documents: proof of purpose of stay – e.g. prior employment agreement, livelihood, proof of housing, health insurance.
• Detailed information on fees and procedure can be obtained through official sources or consular services.

Validity and renewal of authorisation

• Usually, a residence permit given for employment purposes is granted for up to 2 years, which is extensible for an extra 1 year.
• Only possible with a valid residence permit with proof of at least 90 days’ stay in the country within the previous 180 days.

Special conditions and appeal

• In case of refusal to issue or renew a residence permit, the application has the right to appeal against this decision within 8 days from the date of notification.
• If the appeal doesn’t fulfill formal requirements or if an application has been filed after the deadline, he will not be able to file any appeal.

If you, as a third-country national, plan to stay in Hungary for more than three months, you need to apply for a residence permit. Here are the steps and important points to consider when applying:

How to apply for residence permit in Hungary

It is always advisable to start the application process well in advance, considering that delays are most likely to face processing applications received. Attention to the above-mentioned aspects will help make proceeding with a residence permit in Hungary easier and less stressful. Acquiring a residence permit in Hungary will involve a lengthy and cumbersome process of document preparation and knowledge of the legalities involved. It is advisable that you seek professional advisers or legal persons to ensure you comply with all the procedures and conditions.

Duration of a Hungary temporary residence permit

A temporary residence permit in Hungary is considered to be the central legal document, which gives the right to foreign citizens to legally stay in the country, depending on their purpose, for a certain period of time.

Main factors determining the duration of a temporary residence permit

Purpose of stay: The temporary residence permit will be issued in respect of the purpose for which the applicant intends to stay in Hungary; the main ones being employment, studies, business, family unification, and scientific research.

Type of temporary residence permit: The validity period of various types of temporary residence permits may be different. Thus, the residence permit for work is usually issued for the duration of the employment contract, and the residence permit for study covers the entire study period.

Some examples of validity period of a temporary residence permit

Residence permit for work: This residence permit is normally issued for the period of the employment contract but for a maximum of two years. In cases when the employment contract is extended, the residence permit can also be extended.

Residence permit for study: Normally issued for the period of study with the possibility for extension up to one year after completion of the course to seek employment in Hungary.

Residence permission for business: The residence permit might be granted for 1-2 years to entrepreneurs and self-employed persons, too, with the possibility of renewal in case of successful business activity, based on the decision of the authority.

Residence permit for family reunification: The validity of the residence permit for family members usually coincides with the validity of the residence permit of the main applicant residing in Hungary.

Residence permit for the purpose of scientific research: Granted for the period of a contract concluded with an academic or educational institution, but no longer than five years and is subject to renewal accordingly.

Conditions for extending a temporary residence permit

In the case of maintained conditions, which served as the ground for issuing the former permit, an extension of the temporary residence permit is possible. The application for extension shall be submitted in due time, at least 30 days prior to the expiry of the existing residence permit. In such case, it is necessary to file updated documents proving the legality and justification of further stay in Hungary.

Completion of the validity of the temporary residence permit

If the temporary residence permit is not renewed and neither a new permit has been issued, the foreigner concerned shall leave the territory of Hungary. In case of non-observance, fines can be levied as well as deportation, prohibition of re-entry into the country.

The validity of a temporary residence permit in Hungary is open to many factors, including but not limited to the purpose of stay and the type of permit. The application for extension needs to be filed in due time if one plans further continuation of their stay in the country. By regular monitoring of the validity of the document and applying in due time for renewal, you will avoid undesirable legal consequences. If there is a need for legal support in the process of applying or prolonging a temporary residence permit, it’s highly advisable to address professionals specializing in Hungarian migration law.

How to apply for a residence permit for Hungary?

The Residence Permit in Hungary for foreigners who would like to stay in the country for more than six months and will carry on either work or study, or just open a business or reunite with their family, is a bit complex. Preparation and adherence to all legal formalities regarding the application procedure are highly considered.

Obtaining a residence permit in Hungary is quite a complex process that demands great care and precision in fulfilling all requirements. Knowing all the steps involved and correctly preparing documents means much and can really increase your chances of successfully obtaining a residence permit. In case you face any questions or difficulties during the application process, it would be advisable to contact experts on migration law who will help avoid mistakes and minimize risks of rejection.

Hungary temporary residence permit requirements

A temporary residence permit in Hungary represents the necessary step for a long-term stay of a foreign national in cases of work, studies, enterprise, or family unification. Permission for the granting of a temporary residence permit must be granted in an appropriate manner after fulfilling a number of requirements and preparing a set of necessary documents.

Basic requirements for obtaining a temporary residence permit

Purpose of stay

The first and most important one is the clear and legitimate purpose of staying in Hungary. These purposes can be divided into the following main categories:

Work: In case of a job offer provided by a Hungarian employer for a foreign national.

Study: For students who are enrolled in accredited educational institutions in Hungary.

Business: Entrepreneurs planning to set up or develop an enterprise in Hungary.

Family reunification: For family members who have foreign nationals legally residing in Hungary.

Proof of financial standing

The applicant should prove that he or she has sufficient financial resources to cover his or her living expenses in Hungary for the entire period of validity of the temporary residence permit. That could be certified as follows:

• Bank account statements.
• Certificates about income.
• In case of financial undertaking by another person, a sponsorship letter.

Confirmation of housing availability

Documents proving that you have accommodation in Hungary for the whole period of your stay. These can be:

• Lease Agreement.
• Property ownership documents.
• A letter received from your accommodation provider, which confirms that you are accommodated.

Health insurance

The applicant must have valid health insurance covering all possible medical expenses in Hungary. The policy needs to be valid for the whole period of stay and at least must meet the minimum requirements of Hungarian law.

Valid passport

The applicant’s passport should be valid for three months longer than the intended period of stay in Hungary. Copies of all finished pages of the passport are to be attached.

Confirmation of the purpose of stay

Depending on the purpose of entry and stay, the following supporting documents shall be required:

• In case of employment: Employment contract or job offer from a Hungarian employer and work permit if applicable.
• In case of studies: Letter of admission, proof of tuition fee if applicable and proof of financial solvency.
• In order to pursue business activities: Business plan, company registration documents, financial documents proof of investments.
• For family reunification: Documents proving family ties (marriage certificate, birth certificate, etc.), documents proving the availability of housing and financial documents proving the ability to support family members.

Application process

Filling in the questionnaire

The applicant must fill in a standardized temporary residence permit application form, which can be obtained at the local immigration office or downloaded from the official website.

Submitting an application

The application shall be submitted to the Hungarian immigration office or to the Hungarian Consulate in the applicant’s country of residence, provided all the documents are correctly completed and translated into Hungarian if required.

Paid duty

The applicant shall have to pay the state duty, whereby the treatment is paid.

Processing the application

The processing of applications may take anywhere from 1 to 3 months. Additional documentation might be requested during that period, and an interview may be scheduled.

Obtaining a temporary residence permit in Hungary is connected with strict requirements and preparation of a full set of documents. Knowledge of all requirements and correct documentation significantly raises the chances of successfully obtaining a residence permit. If there are any questions or difficulties in the application process, it is highly advisable to address professional assistance from legal advisors specializing in Hungarian migration law.

How to get permanent residence in Hungary?

Permanent residence permit in Hungary is a high status allowing foreigners significant benefits, for example, the right to stay, work, and conduct business in this country for a more extended period without the need to periodically renew the residence permit. Obtaining a permit requires several conditions and careful preparation.

Basic conditions for obtaining a permanent residence permit

Application procedure for a permanent residence permit

Collection of necessary documents: Before you actually apply, you are required to prepare the whole application pack that basically contains:

• A valid passport.
• Proof of legitimate residence in Hungary for the period of time called for.
• Evidence of financial independence: bank statements, statements of income, and tax returns.
• Documents confirming the availability of housing – for example, a rental agreement or ownership documents.
• A certificate of no criminal record.
• Health insurance.

Filling in the questionnaire: The permanent residence permit application form should be filled in by the applicant. It may be downloaded from the official website of the local migration authorities or picked up in person.

Submitting an application: The application shall be submitted to the local Migration Service office at the applicant’s place of residence. Attention must be drawn to the fact that all documents have to be properly executed and translated into Hungarian, if necessary.

State duty payment: The applicant shall pay a state fee in relation to submitting the application. In this context, the state fee will depend on the type and category of residence permit.

Application process: In general, a permanent residence application is processed within 3 to 6 months. During this term, the Migration Service checks on the submitted documents with the possible request for additional information.

Getting a decision: As soon as the application procedure is successfully finalized, the permanent residence permit will be issued. If relevant, it has to be renewed in time or replaced when personal data is changed.

Benefits of a Permanent Residence Permit in Hungary

• Long-term residence: A permanent residence permit allows an applicant to reside in Hungary for an unlimited period of time, without regular renewal.
• Freedom of movement: Having a permanent residence permit entitles one to enter the Schengen area and move freely within it, without any restrictions whatsoever, until the document loses its validity or the status of the applicant is changed.
• Work and business: Permanent residence allows you to work and do business in Hungary without further authorization.
• Path to citizenship: After many years of residence in Hungary with a permanent residence permit, you can apply for Hungarian citizenship.

Where to apply for permanent residence in Hungary?

Obtaining a permanent residence permit in Hungary is a very responsible process that involves the implementation of all legal procedures precisely. One of the main steps toward receiving such status is to select the proper place of application. This article looks at where and how applications for permanent residence in Hungary are submitted, as well as which institutions and services take part in this process.

Main places of procedure for a permanent residence permit

Local office of the Office of Immigration and Nationality (Országos Idegenrendészeti Főigazgatóság, OIF)

The Office of Immigration and Citizenship is the main body for permanent residence applications. It has offices in each Hungarian county where you may submit your application. Its local office is based on your registered address in Hungary.

How to apply: In person to your residence address at the OIF office. Addresses and contact information of all the regional offices are available on the official website of OIF.

Need for an Appointment: Generally, one has to make an appointment to apply well in advance. One can normally make an appointment using the online system on the OIF website or by telephoning.

Documents: Bring your full set of documents, which includes an application form completed and signed, a passport, supporting documents, proof of financial solvency, housing documents, among other supportive papers.

Hungarian consulates and embassies

If you live outside Hungary and plan to apply for a permanent residence permit, this can be done through the Hungarian consulate or embassy in your country of residence. This option is suitable for those who have not yet moved to Hungary but plan to obtain a residence permit before entering the country.

How to apply: Contact the Hungarian consulate or embassy located in your country. Contact details and addresses can be found on the official website of the Hungarian Ministry of Foreign Affairs.

Documents: Prepare all necessary documents at the time of application to the consulate. Usually consulates require the same package of documents as OIF in Hungary.

Application Procedure: Depending on the country, the application process may include a personal interview, document verification and sending the application to Hungary for further processing.

The Main steps in the application process

Application for a permanent residence permit of Hungary should be carried out with full coverage of the procedures and preparation of a full set of documents. Basically, the main authority which deals with such applications is called the Office of Immigration and Citizenship, having its regional offices throughout the country. An application can be submitted by applicants who are outside of Hungary through Hungarian consulates and embassies. In case all the steps are properly done and documents are submitted on time, a permanent residence permit will be effortlessly earned against Hungary.

Documents required for the Hungary permanent residence application

Permanent residence permit in Hungary is a big stage, which opens for foreign citizens the possibility of further long-term residence and labor activity on its territory. For this purpose, the application needs to be prepared carefully and submit a full package of documents that corresponds to all requirements set by the Hungarian migration authorities.

Basic package of documents

Application for permanent residence permit form – completed

It must be in Hungarian or in English; the applicant has to sign it. An application form can be requested at the local office of the Office of Immigration and Citizenship (Országos Idegenrendészeti Főigazgatóság, OIF) or downloaded from the official website.

Valid passport

The validity of the applicant’s passport should cover the intended period of stay in Hungary and extend for at least six months beyond that. Please attach the original and a copy of all completed pages of the passport.

Document proving legal stay in Hungary

The applicant has to prove continuous legal residence in Hungary for the required period, which generally happens to be 3-5 years. This may include temporary residence permits, residence registrations, rental contracts, and other documents proving legal residence in the country.

Evidence of Financial Solvency

The applicant shall have to prove that he or she is possessed of adequate financial means sufficient to cover his or her subsistence in the territory of Hungary without requesting state support. In particular, this may be supported by:

• Bank statements.
• Income certificates or tax returns.
• Documents proving business or investment income.

Housing availability confirmation

Applicants must provide documents showing that they have permanent accommodation in Hungary. This may be a rental agreement, a certificate of ownership of the property, or a letter from the landlord, confirming that you are residing at his/her place.

Certificate of absence of criminal record

The applicant shall provide a certificate of criminal record in both Hungary and his/her country of previous residence. Certification and translation into Hungarian might be required.

Health Insurance

The applicant shall hold a health insurance document, which is valid for the entire period of stay in Hungary, and its conditions must include at least the minimum requirements as defined by the Hungarian authorities.

Additional documents

• Marriage and birth certificates of children: In the case of an application based on family reunification, the applicant has to provide proof of family ties.
• Business ownership documents: Entrepreneurs may require documents that prove they own a business in Hungary, including company registration documents, accounting reports and a business plan.
• Tax certificate: In some cases, proof of taxes paid in Hungary for the period of stay may be required.

Application procedure

Document preparation

In advance, the applicant has to prepare all necessary documents. All documents must be translated into Hungarian and – if required – notarised.

Submitting an application

Once all the documents are available, the application is to be submitted in person at the nearest OIF office. This is advised to be done well in advance by making an appointment through the online appointment facility or even by telephone to avoid delay.

Paid State Duty

The state fee for the given application should be paid. The size of this fee depends on the kind and category of residence permit.

Application process

The term of application processing may also vary, but it generally takes 3 to 6 months. Within this time, the migration service checks all the documents submitted with the application, may request additional information or schedule an interview.

On the other hand, the permanent residence permit in Hungary is applied for with extraordinary carefulness and responsibility for collecting and compiling a set of all the necessary documents. The fact is that the observance of all the conditions and also the filing of the full set of documents can significantly increase the chances of having permanent residence status on time. In this case, if you need professional recommendations or legal support, contact the professionals specializing in Hungarian migration law-the best option to avoid mistakes and speed up the application process.

Hungary residence permit by investment

Hungary gives a unique opportunity to all foreign investors to obtain a residence permit through investments in the economy of this country. Hungary’s residency by investment program offers access to the European market, an attractive business environment, and stable business conditions. In this article, we will look at the main aspects of obtaining a residence permit in Hungary for investments, requirements, and the application process.

Advantages of residence permit through investment

Obtaining a residence permit in Hungary through investment offers several advantages such as the following:

• Freedom of movement within the Schengen area: A residence permit for Hungary means the ability to travel freely within the Schengen area.
• European Market Access: The opportunity to conduct business in one of the European Union countries with access to the EU market.
• Streamline process to obtain a residence permit: The residence permit via investment may be the gateway to permanent residence in Hungary.
• Asset and investment protection: Hungary has a stable legal framework on the security of foreign investments.

General conditions to get residence permit by investment

Minimum investment requirement

Hungary has a minimum amount of investment required to be made by a foreign investor in return for a residence permit. The following are the types of investment that can be made:

Purchase of Property: Investors may purchase commercial or residential property. It must be noticed that the value of the property to be bought must comply with the minimum value set by law.

Business setup: This is where the applicant identifies, registers a new business in the country, or invests in an already existing one. The business plan must illustrate its benefit to the economy of the country through its creation of job opportunities and other socio-economic benefits to the applicants.

Government bonds: Under certain circumstances, applicants may invest in Hungarian government bonds. This program is actually subject to change based on the current government policy.

Confirmation of legality of funds

The applicant needs to prove the legality of the origin of the money to be invested in Hungary, which may consist of bank statements, tax returns, documents of the sale of assets, and other financial documents.

Business Plan

A candidate planning to establish or expand an existing undertaking in Hungary should provide a proper business plan, showing at least business structure, financial forecasts, strategy of development, and foreseen contribution to the economy of the country.

Evidence of financial solvency

In addition to the investment, the applicant shall prove his/her financial solvency to the extent necessary to ensure his/her living in Hungary and bearing all the expenses related to the investment and personal stay in Hungary.

How residence permit for investments can be received

Document preparation

The applicant should prepare a full package of documents including:

• Passport and copies thereof.
• Evidence of legality of funds.
• Business Plan (if applicable).
• Documents related to investment in the case of an application concerning the acquisition of real estate.
• Proof of financial standing.
• Health insurance that covers the entire length of stay in Hungary.

Application

The application for a residence permit is to be submitted to the local Office of Immigration and Nationality (Országos Idegenrendészeti Főigazgatóság, OIF) or via Hungarian Consulate outside Hungary. It is advised to make an appointment in advance but also to pay close attention to filling in all documents correctly.

Application consideration

The process of application can take between 1 and 3 months. In this time, migration services check all the documents, confirm legality of the funds and assess a contribution of investment to the country economy.

Getting a residence permit

After the application has been successfully processed, a residence permit in Hungary is issued to the applicant. With this document, it is confirmed that one has a legal right to stay in the country for a certain period of time, which is allowed to be different according to the type of investment and other conditions.

Renewal and Transition into Permanent Residence Permit

Usually, a residence permit through investment is issued for 1-3 years with the possibility of renewal. After some time, usually 3-5 years, it is possible to apply for a permanent residence permit in Hungary, which gives a wide range of rights and opportunities for the investor, including getting Hungarian citizenship in the future.

Obtaining residence in this country through investment is one of the most effective ways to legalize your stay in Hungary and at the same time develop your business and protect capital. Proper preparation of documents for submission, observance of all the requirements, and adherence to the set procedure will ensure successful completion of the procedure. For more comfort and minimization of possible risks, one is advised to seek professional help from legal advisory agencies, specializing in migration law, and investments in Hungary.

 Hungary residency by investment requirements

There are specific requirements for obtaining residence in Hungary through investment. Hungary provides foreign investors with a special possibility to obtain the residence permit by means of substantial investment in the economy of this country. Such application procedure involves meeting a number of requirements which guarantee successful application and receipt of the right to legal long-term residence in Hungary.

Basic requirements for obtaining residence permit through investment

Minimum investment amount

The first and one of the primary requirements is the minimum investment to be made in the Hungarian economy. This may include:

Real Estate Investment: Purchase of commercial or residential property for an amount that meets the programme requirements. Investors would normally want to purchase properties that are income producing or for personal residence.

Establishment/Purchase of a business: The applicant can either establish a new business in Hungary or purchase an existing business. The applicant has to prove the fact that his investment will contribute to the development of the economy, job creation, and bringing other socio-economic benefits.

Proof of legal origin of funds

The applicants should be in a position to prove that the funds they intend to invest are of legal origin. In this regard, it is required to be furnished with:

Bank statements: Confirmation of the funds in the accounts.

Tax returns: Supporting documents to show that taxes and income were paid for the previous years.

Documents on the sale of assets: In cases where the money gained is because of the sale of real estate or other property, then the relevant documents are to be submitted.

Business plan (if required)

Those who want to create or purchase an enterprise in Hungary must prepare and submit a detailed business plan in support of their application. It shall include the following elements, inter alia:

• Business description: field of activity, goals of the investment, organizational structure of the company.
• Financial projections: revenues and costs foreseen, projection of financial statements for the next years.
• Job Creation Plan: jobs that will be created due to the investment.
• Development Strategy: long-term strategy of the development of the applicant company, its role in and contribution to the Hungarian economy.

Accommodation

The applicant will have to prove that they have a place in Hungary where they will stay during their residence permit, which can be:

Own house: contract for the sale and purchase of real estate.

Renting: long-term rental agreement.

Financial solvency

He/she must prove that he/she has sufficient means to maintain himself/herself and his/her family during his/her stay in the territory of Hungary without claiming state aid. The following should be provided for that purpose:

Bank statements confirming that sufficient funds are available.

Income certificates-in the case where the applicant continues to receive an income from his/her activities outside Hungary.

Health insurance

The applicant and his/her family members must have valid health insurance that covers all possible medical expenses in Hungary.

Certificate of no criminal record

For receiving a residence permit through investment in Hungary, an applicant is bound to provide a certificate of no criminal record in the country of residence, as well as in all countries where the person has lived for more than 6 months during the last five years.

Application procedure

Preparation and collection of documents

The applicant should prepare a full set of documents that contain all the above elements. It is also necessary to ensure that all the documents are translated into Hungarian, with certification, if needed.

Submitting an application

The residence permit application by investment will be submitted to the local Office of Immigration and Citizenship (Országos Idegenrendészeti Főigazgatóság, OIF) in Hungary or through a Hungarian Consulate abroad.

State duty payment

An applicant will have to pay to the state some predefined fee for the processing of the application. The size of this fee can be influenced by the type of investment and other factors.

Application process

After the application is filed, the consideration process starts which can take several months. Within this period, migration authorities check all the documents for their validity and the legality of the origin of the funds.

Obtaining residence permit

In the case of a positive application, the applicant and the members of his family obtain residence permits issued for a fixed period, renewable.

Obtaining a residence permit in Hungary through investment is a very resource- and time-consuming process, which requires substantial financial investment and thorough preparation of documents. Compliance with all requirements and the correct application increases the chances of successfully obtaining residency status manifold. Minimizing risks of rejection and hastening the process is better if one appeals to professional legal advisors specializing in migration law and investments in Hungary.

How long does it take to process a Hungary residence permit?

Residence permit application is one of the most important procedures in Hungary for foreign nationals who want to stay in the country for a period more than ninety days, be that to work, study, operate a business, or get reunited with their family. The length of time it takes to process the application and issue the permit is an important aspect of the entire procedure.

Main factors affecting the processing time of the application

Approximate times of processing

Work residence permit: from the date of submitting the complete set of documents, this usually takes between 30 and 60 days. It may take more or less depending on the particular situation of an applicant.

Residence permit for studies: The standard period is about 30-45 days, but longer records have been made during the start of a school year or during periods of mass applications.

Residence permit for business: Requires 60 to 90 days, as the business plan and proof of financial solvency need to be verified.

Residence permit for family reunification: 60 to 90 days, depending on the complexity of the case and the amount of documents necessary to be presented/approved.

Recommendation for accelerating procedures

Pre-filing: File all the documents beforehand and avoid last-minute chaos as the incomplete papers can bring in delays within the processing of immigration cases.

Application in off-season: Try to make the application during the time when migration services are not flooded by other applications, which could be during the holiday periods.

Employing professional counsellors: A lawyer or migration counsellor can be contacted to avoid errors in documentation and expedite the process of application.

The processing time of residence permit applications in Hungary depends on many factors, including the type of permit, correctness, and completeness of the documents to be submitted, but most significantly, the workload at the migration authorities. It can take anything between one and three months, but with careful preparation and the right approach, you can minimize potential delays. It would be wiser to plan your application well in advance and, when necessary, get professional help to go through the process successfully.

How long after permanent residency can I apply for Hungarian citizenship?

Acquiring Hungarian citizenship is a very important step for foreign citizens who want to become fully integrated members of Hungarian society and to exercise all the rights that come with European Union citizenship. In general, however, applying for Hungarian citizenship requires a number of conditions to be first satisfied, among which residence in the country based on a permanent residence permit plays a decisive role.

General conditions of the application for citizenship

Residence experience in Hungary

Long legal residence experience in Hungary is one of the basic requirements of getting Hungarian citizenship. You can file an application for citizenship after you have had a permanent residence permit for at least 8 years.

The waiting period can be shortened by the following:

Citizenship application procedure

Document preparation

The applicant will have to prepare the full package of papers, including:

• A passport.
• Permanent residence permit.
• A certificate of no criminal record.
• Proof of knowledge of the Hungarian language.
• Documents proving financial independence.
• Documents proving that permanent housing in Hungary is available.

Application for citizenship

The application is submitted to the Office of Immigration and Citizenship’s local office or – via the municipality of residence. In advance, an application with the supporting documents should be submitted with an appointment and before the given deadline.

Processing the application

The application takes up to a year to be processed. Within this period of time, the applicant may be summoned for an interview or test to show his/her knowledge in the Hungarian language, as well as the basics of the law.

Getting the Decision

After the positive processing of the application, the applicant is granted permission to become a Hungarian citizen. The new citizen is given a Hungarian passport and is allowed to enjoy all the rights of a citizen of the European Union.

Citizenship of Hungary can be applied for after 8 years of permanent residence, on the condition that all criteria are duly met. It requires thorough preparation: language, financial independence, and integration into Hungarian society. Having these qualifications and wishing to become a Hungarian citizen, it is worth considering visiting legal counsellors who will make sure all the steps are done properly to minimize the risks of denial.

National Residence Card in Hungary

Applying for a National Residence Card in Hungary involves several important aspects and requires fulfilment of specific conditions. Here is an overview of the key points of the process:

Who can get a national residence card?

Third-country nationals may qualify for a national residence card if they:

• Third-country nationals who have legally and continuously been resident in Hungary for at least three years;
• Living in a family community with a Hungarian citizen or a third-country national with long-term residence status;
• Minor children of a third-country national with a long-term right of residence or refugee status.

Requirements for the card:

• Having housing and livelihoods assured;
• Having full health insurance coverage or proving that one has sufficient financial resources to pay for medical expenses;
• Not posing any threat to the national security or public policy;
• No conditions related to the prohibition of deportation or entry ban have been violated.

Application Process:

• Electronic filing: The application should be submitted only via the Enter Hungary interface. To access click here.
• Biometric data gathering: After having paid the registration fee and in 15 days, photograph, fingerprint and signature is to be provided.
• Fee: For procedural fees, details are available on the official website.
• Documents to be joined: housing proof, financial security, health insurance and personal information are attached to the application form.

Key Aspects:

• Card validity period: Shall not exceed 10 years but can be renewable for 10 consecutive years.
• Reasons for annulment: Change of circumstances or in case of infringement of laws will lead to the annulment of the card.
• Appeal: The decision regarding the application can be appealed within 15 days from notification.

Document Acquisition:

• The paper will be sent to the address given, but you may get it personally, too, in case you manage to prove that receipt via post is impossible in your case.

 How can Regulated United Europe help with Hungary residence permit?

Obtaining an HND in Hungary is a strategic step for those foreign entrepreneurs who would like to enter the European market. Hungary provides an excellent environment for business and offers considerable advantages when applying for a residence permit through business activities. Regulated United Europe will be glad to provide professional support at any level of the process, whether it is setting up a new company or buying an existing business.

Support in obtaining residence permit through entrepreneurial activity

Consultation and planning

The first step towards obtaining a residence permit in Hungary will be strategizing and choosing the best way for its receipt. Under the conditions of Regulated United Europe, we will be able to provide professional advice to our clients on the most appropriate way to obtain a residence permit, taking into account their goals and business specifics. We take care that the customers clearly understand all the requirements of Hungarian legislation and develop an individual plan of actions for them.

Incorporation of a new company

One of the most feasible ways to get a residence permit in Hungary is an establishment of your own business. RUE offers a full scope of services for establishing a company in Hungary:

Choice of legal form:

We help in choosing the appropriate form of the company, whether it be a limited liability company (Kft), a joint stock company (Rt), or any other form which best serves business objectives.

Preparation of incorporation documents:

Our lawyers will draft all the documents related to the registration of the company, articles of association, minutes of founders’ meetings, and other legal documents.

Company registration:

We accompany the company registration process with the relevant authorities, tax, and commercial registers, obtain all licenses and permits necessary.

Buying an off-the-shelf business

If you would like to purchase an already existing business in Hungary, then RUE also provides some business sale and purchase transaction support services, as follows:

Finding the right business:

We identify and evaluate existing businesses that meet your needs and objectives.

Due Diligence:

We conduct an overall due diligence of the enterprise, its financial condition and possible risks.

Transaction support:

Our lawyers will provide a full legal consulting of the transaction of sale and purchase, including preparation and verification of contracts, registration of alterations in the registers and transaction finalization.

Registration of residence permit

After setting up a company or buying a business in Hungary, we assist clients in applying for a residence permit:

Document preparation: We collect and prepare a complete package of documents, including proof of investment, financial solvency and availability of housing in Hungary.

Application: Our specialists will submit your residence permit application to the local Immigration and Nationality Office and ensure that it is completed and submitted correctly.

Support of the review process: We monitor the status of your application, ensuring prompt response to requests from migration authorities and provision of additional documents if necessary.

Advantages of working with Regulated United Europe

• Expert support: Our team consists of experienced lawyers and business consultants who specialise in Hungarian law and business.
• Comprehensive solutions: We offer a full range of services, including both legal and business advice, ensuring that clients are fully supported at all stages.
• Personalised approach: We take into account the unique needs of each client and develop individual solutions to ensure success in obtaining a residence permit and business development in Hungary.
• Transparency and reliability: We work openly and transparently, providing our clients with all necessary information and minimising possible risks.

Obtaining a residence permit in Hungary through business activity is a process that requires careful preparation and professional support. Regulated United Europe offers comprehensive solutions to help you successfully complete all stages of the process, from setting up a new company or buying a business to obtaining a residence permit. Our goal is to provide your investment and business with a solid legal foundation that will allow you to successfully develop and integrate into the Hungarian business environment.