Hungary ~ Residence Permit for Self-Employed
Time to Permanent Residency: 5 Years ~ Time to Citizenship: 8 Years
The Hungarian residence permit may be issued to non-EEA nationals for the pursuit of gainful activity. Non-EEA nationals intending to reside in the country 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 purpose of the self-employed gainful activity may be verified by:
– A private entrepreneurial license, or
– Business Plan, or
– Small-scale agricultural producer license, or
– Professional service contract, or
– Any other reliable means.
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In the case of engaging in a gainful activity by being owner or director or executive officer of a company in Hungary, the purpose of entry and residency will be verified if:
– The company employs at least three Hungarian citizens or persons with the right of free movement and residence in full time employment for at least six consecutive months, legitimately, without any interruption, or
– The residence of the applicant in the territory of Hungary is essential for the company, and the business plan enclosed with the application contains sufficient information to ascertain that the business will prosper to ensure the applicant’s subsistence. The contents of the business plan must be verified by credible means, such as, in particular, by supplying a work contract, a personal services contract, an agreement, or a supply or sales contract.
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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 a EU Blue card, which will entitle you to travel visa-free across the European Union.
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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.
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The required period for citizenship may be shortened if you were born in Hungary (5 years), married to a Hungarian citizen or parent of Hungarian citizen (3 years), you have Hungarian ancestors (immediate after getting your residency card) or by decision of the President of Hungary.
EEA nationals may apply directly for an Interim Permanent Residency Card (provided that the above requirements are met), which has a 5-year validity, renewable. After 5 years, they may apply for a Permanent Residence Card, which is valid indefinitely.
Requirements
Documents for proof of means of subsistence in Hungary:
– A statement from a Hungarian or foreign financial institution concerning the applicant’s bank account, or
– an income certificate issued by the tax authority for the previous year, or
– an income certificate issued by the employer, or
– a certificate issued by the employer and/or tax authority as proof of regular income received from abroad, or
– other reliable means.
Documents on Hungarian accommodation:
– A residential lease contract in proof of the rental of a residence, or
– a document on accommodation by courtesy, or
– documentary evidence to verify the reservation of accommodation and payment;
– a statement on boarding (dormitory) services, or
– a document for proof of ownership of a home, in the form of abstract of title issued within 30 days to date, or
– a real estate sales contract and a copy of the decision of the competent Budapest or county government agency granting permission for the acquisition of a real estate property, or
– other documents.
Documents on comprehensive health insurance &
Documents evidencing your means of exit:
– You should provide a statement undertaking the commitment of voluntary departure of the EU if your application is refused,
– a valid passport or the permits necessary to return to your country of origin, or any other non-EU country, and
– a valid ticket for departure, or sufficient funds to purchase such a ticket, or a means of transport.
Documents Required
Bank Statement- Evidence of Residential Address
- Evidence of Health Insurance
- Proof of net wealth
- Business Plan
- Proof of ownership or rental housing
- Medical Certificate
- Original and photocopy of passport
- Original or Certified copy of Birth Certificate (if applicable)
- Original or Certified copy of Marriage Certificate (if applicable)
- One passport-size photo
