17 April 2024
Hungary
Residence permit in Hungary
Let’s talk about moving to Hungary. Residents can stay in Hungary for the entire period of their residence permit. They could also enter the country at any time. In addition to opportunities, of course, there are some responsibilities. For example, if you do not have an investment residence permit, you must reside in the country for at least 183 days a year. In addition, one cannot leave Hungary for more than three months.
Visa-free trips to Europe
Hungarian residents travel to the EU and Schengen countries without visas and can stay there for up to 90 days out of 180.
Foreigners with residence permits in this country also do not need a visa to visit the following countries: Monaco, Montenegro, Serbia, and several other European countries.
Possibility of acquiring Hungarian citizenship
Holders of a residence permit could apply for a permanent residence permit after three years’ residence in Hungary and, after another eight years, for citizenship. In order to become a citizen of the country and to not cancel permanent residence, it is necessary to observe certain rules. In particular, notify the Aliens Office if your trip abroad will last more than 6 months. It is also prohibited to leave the country for more than two years.
The Hungarian passport occupies a leading place in the ranking of passports in the world. It will open up 186 countries to you, including the United States, the United Kingdom, Japan, and Australia.
Access to quality health care
Medicine in Hungary meets EU standards. At the same time, the prices for medical services in the country are lower than in Germany or the Nordic countries.
Hungarian residents have access to public and private clinics and a European health insurance card. The card allows medical treatment in the countries of the European Union and the European Economic Area free of charge.
European education
Among them are the universities of Budapest, Szegeta, and Debrecen. Universities offer programmes in English, French, German, and Hungary.
Higher education in Hungary is based on the Bologna system, so the diplomas of local universities are recognized in other countries.
Low cost of living
600 € per person per month is the average cost of living in Hungary, excluding rent. A family of four will need an average of about 2000 euros per month.
The cost of living in Hungary is one and a half times lower than in Germany or Sweden.
Opportunity to work or open a business in Europe
Investors with a residence permit in Hungary can be employed, register a company, and acquire the status of an individual entrepreneur or self-employed person.
General necessary documents for residence permit
A passport, the validity of which must be sufficient to obtain a residence permit for the required period.
Photo 35×45 mm on white background.
Proof of the availability of the required amount of money-bank statements, tax returns, etc.
Certificate of no criminal record.
Medical insurance covers 30,000 EUR.
When filing with family members – documents confirming your kinship.
There are 11 main ways to obtain a residence permit in Hungary:
- Residence permit with the right to conduct business and work.
- Working residence permit (job search and employment).
- White Card: Hungarian residence permit for digital nomads and freelancers.
- Residence permit for education
- Residence permit for scientific research.
- Residence permit for treatment.
- Residence permit for financially independent persons.
- Residence permit for marriage and family reunification.
- Residence permit for investors.
- Residence permit for volunteer activities.
- Residence permit for other purposes.
Evelors is here to provide assistance in securing your residence permit based on various eligibility criteria. Whether you’re considering options through employment, investment, education, or family reunification, our expertise can guide you through the complex process. Reach out to us for personalised support!