Introduction into Immigration Services in Hungary

Golden Visa

The Golden Visa Program is a special type of guest investor visa that entitles the holder to stay for more than ninety days in Hungary and even to apply for a visitor investor residence permit. Guest investor visas are available to third-country nationals provided that the below conditions are met:

• entry and residence in Hungary is in national economic interest in view of their investments in Hungary, and who meets the following conditions:
   
  
  • a valid travel document;
  • necessary authorisation for return or onward travel;
  • justifying the purpose of entry and stay;
  • have financial resources to cover their accommodation and subsistence expenses for the entire duration of their stay, including travel expenses;
  • insured for the full range of health care or can meet the cost of your health care;
  • not subject to expulsion or a ban on entry or residence, or your entry or residence does not endanger public policy, public security, national security or public health interests in Hungary;
  • not subject to a SIS alert and;
  • who declares that holds or intends to hold at least one of the below investments or have the equivalent amount of the investment from a legal source.
• Available investments are the following:
  
  
  • acquisition of investment units of at least EUR 250.000,00 issued by a real estate fund registered by the Hungarian National Bank.
  • making a financial donation of at least EUR 1.000.000,00 to a higher education institution maintained by a public trust with a public-service mission, for the purpose of supporting creative activities in the fields of education, scientific research or the arts.

Further options for third country nationals

• Application for a national residence card
  
  
  • a national residence card can be given to third-country nationals who hold a residence permit, temporary residence permit or temporary residence card and have resided legally and uninterruptedly in Hungary for at least three years prior to the submission of the application;
    have been living as a dependent parent in a family relationship with a Hungarian citizen or a third-country national with long-term residence status or recognised as a refugee for at least one year immediately prior to the submission of the application;
  • the spouse of a Hungarian citizen, a third-country national with long-term residence status or a third-country national recognised as a refugee, provided that the marriage was contracted at least two years before the application was submitted;
  • was a Hungarian citizen but has lost citizenship, or the applicant’s ascendant is a Hungarian citizen or was a Hungarian citizen, or
  • minor age children of third-country nationals who are long-term residents or refugees.
• Application for EU residence card
   
  
  • An EU residence card for permanent residence in Hungary is issued to third-country nationals who has resided legally and continuously in Hungary for at least five years immediately before the application, or
  • have an EU Blue Card, and has been legally and continuously resident in Hungary for at least two years immediately prior to the date of application, and have resided legally and uninterruptedly in the territory of the European Union for at least five years on the basis of an EU Blue Card, a residence permit for research or study purposes.

The above two types of residence cards have further conditions, so if you are interested in these types of residence cards, please contact FirmaX Hungary for further information.

Business Immigration

This option is a visa application in Hungary based on manager activities for a company. It is possible to submit applications as an entrepreneur and apply for a business visa. In the application, you will need to provide details of your business activities with company documents, business plans, planned properties, also you will need to prove your financial background. Additionally, the applicant needs to prove that has health insurance as well, or sufficient amount of money to cover health costs.

If you already have a foreign company, moving your company to Hungary is currently not possible in a way that the you only change the registered address of your company from a foreign registered address to a Hungarian registered address. The possibilities are to form or purchase a company in Hungary and register a Hungarian address at the Company House.

In case the applicant wants to stay in Hungary based on the applicants’ business activities, the application should contain statements and company documents that state in detail, what are the manager’s activities exactly and why is it necessary for the manager to stay in Hungary for the business operation.

Employment Immigration

In case of applying for a working visa, the most essential element is to have a contract for future employment with your future employee.

Necessary documents for the application are the following:

• Documents proving the applicant can legally stay at a Hungarian address
• Valid passport copy
• Application form filled out and signed by the applicant
• ID photo
• Agreement for future employment
• Certificate of procedure fee payment
• Highest education diploma translated
• Bank account statements proving the necessary amount of wealth

In case you have a valid residence permit, FirmaX can help you in the procedure of the possible extension too!

Currently only applies to the citizens of Georgia and Armenia.