Starting a business in Hungary

Discussion in 'Starting a Business' started by John MacNae, Jun 12, 2018.

  1. John MacNae

    John MacNae
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    Hi, I was thinking of moving to Hungary and starting a business there. Is it possible to get a permanent residence as a non-eu citizens?
     
  2. dantee

    dantee
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    Hi John, yes of course it is possible. Foreign citizens from non-EU countries have to apply for a long-term residence permit prior to the foreseen travel. The long-stay visa which entitles the applicant to enter Hungary in order to take over the residence permit is issued by the Hungarian Immigration Office and must be requested in the same application as the residence permit. This visa is valid for a one-year period and enables the applicant to enter Hungary once, for a period of 30 days. It might be granted either if a non-EU national performs activities as the owner (member) of a company, or if he or she performs work within the framework of an employment relationship. In case of an entry for business purposes, a letter of invitation is needed from the existing Hungarian business partner, as well as proof of the existence of commercial business relations, or the certificate of the local chamber of commerce on the existence of business relations, and the certification of the address of the envisaged place of accommodation in Hungary.
     
    #2 dantee, Jun 18, 2018 at 6:50 AM
    Last edited by a moderator: Jun 18, 2018 at 7:51 AM
  3. Steven Campbell

    Steven Campbell
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    Hi John,

    Dantee covered most of the basics, but you might also want to consider the Hungarian business immigration program to learn more about how obtain the business visa, including the associated costs.
     
    #3 Steven Campbell, Jun 18, 2018 at 11:14 AM
    Last edited by a moderator: Jun 18, 2018 at 8:10 PM

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